Bank of Labor Bancshares Inc
Bank of Labor Bancshares, Inc. operates as the bank holding company for Bank of Labor that provides various banking products and services in Kansas. The company accepts checking, money market, savings, zero balance accounts, and insured cash sweep accounts. Its loan products include equipment loans, commercial real estate loans, commercial line of credit, emergency loan programs, and paycheck-pro… Read more
Bank of Labor Bancshares Inc (BHDB) - Net Assets
Latest net assets as of : $- USD
Based on the latest financial reports, Bank of Labor Bancshares Inc (BHDB) has net assets worth $- USD as of .
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($-) and total liabilities ($-). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $- |
| % of Total Assets | 0% |
| Annual Growth Rate | -49.11% |
| 5-Year Change | -58.03% |
| 10-Year Change | N/A |
| Growth Volatility | 72.85 |
Bank of Labor Bancshares Inc - Net Assets Trend (2019–2024)
This chart illustrates how Bank of Labor Bancshares Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Bank of Labor Bancshares Inc (2019–2024)
The table below shows the annual net assets of Bank of Labor Bancshares Inc from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $22.48 Million | +76.09% |
| 2023-12-31 | $12.76 Million | +838.23% |
| 2022-12-31 | $-1.73 Million | -103.30% |
| 2021-12-31 | $52.38 Million | -2.20% |
| 2020-12-31 | $53.55 Million | -91.88% |
| 2019-12-31 | $659.36 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Bank of Labor Bancshares Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 47.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $63.76 Million | 283.68% |
| Common Stock | $3.95 Million | 17.57% |
| Total Equity | $22.48 Million | 100.00% |
Bank of Labor Bancshares Inc Competitors by Market Cap
The table below lists competitors of Bank of Labor Bancshares Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
KURITA WATER IND
MU:KWI
|
$408.31K |
|
Lamperd Less Lethal
PINK:LLLI
|
$408.37K |
|
Blue Line Protection Group Inc
PINK:BLPG
|
$408.53K |
|
Petershill Partners PLC
LSE:PHLL
|
$408.66K |
|
GRUPUL INDUSTRIAL ELECTROCONTACT S.A.
RO:ECT
|
$408.26K |
|
M2M GROUP
BC:M2M-GROUP
|
$407.79K |
|
Environmental Control Corp
PINK:YBCN
|
$407.52K |
|
Lifecare AS
OL:LIFE
|
$407.52K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bank of Labor Bancshares Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 12,764,000 to 22,476,000, a change of 9,712,000 (76.1%).
- Net income of 8,723,000 contributed positively to equity growth.
- Dividend payments of 325,000 reduced retained earnings.
- Share repurchases of 419,000 reduced equity.
- Other factors increased equity by 1,733,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $8.72 Million | +38.81% |
| Dividends Paid | $325.00K | -1.45% |
| Share Repurchases | $419.00K | -1.86% |
| Other Changes | $1.73 Million | +7.71% |
| Total Change | $- | 76.09% |
Book Value vs Market Value Analysis
This analysis compares Bank of Labor Bancshares Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.69x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.33x to 0.69x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $134.61 | $45.00 | x |
| 2020-12-31 | $147.62 | $45.00 | x |
| 2021-12-31 | $145.15 | $45.00 | x |
| 2022-12-31 | $-4.79 | $45.00 | x |
| 2023-12-31 | $35.76 | $45.00 | x |
| 2024-12-31 | $65.42 | $45.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bank of Labor Bancshares Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 38.81%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.91%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 41.46x
- Recent ROE (38.81%) is above the historical average (14.86%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 3.72% | 6.43% | 0.04x | 13.63x | $-3.07 Million |
| 2020 | 2.78% | 4.64% | 0.04x | 14.18x | $-3.86 Million |
| 2021 | 6.70% | 11.80% | 0.03x | 16.86x | $-1.73 Million |
| 2022 | 0.00% | 12.14% | 0.04x | 0.00x | $4.06 Million |
| 2023 | 37.17% | 10.50% | 0.05x | 72.83x | $3.47 Million |
| 2024 | 38.81% | 15.91% | 0.06x | 41.46x | $6.48 Million |
Industry Comparison
This section compares Bank of Labor Bancshares Inc's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $25,670,820,700
- Average return on equity (ROE) among peers: 9.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bank of Labor Bancshares Inc (BHDB) | $- | 3.72% | N/A | $408.29K |
| Ameris Bancorp (ABCB) | $120.94 Million | 10.83% | 9.48x | $4.91 Billion |
| ACNB Corporation (ACNB) | $2.75 Billion | 1.01% | 0.01x | $462.57 Million |
| Addiko Bank AG (ADBKF) | $839.50 Million | 5.41% | 6.63x | $210.07 Million |
| Affinity Bancshares Inc (AFBI) | $120.97 Million | 6.26% | 5.51x | $79.94 Million |
| Absa Group Limited (AGRPF) | $19.52 Billion | 23.08% | 14.72x | $6.72 Billion |
| AIB Group plc (AIBGY) | $14.46 Billion | -16.17% | 8.45x | $21.72 Billion |
| Akbank Turk Anonim Sirketi (AKBTY) | $211.22 Billion | 31.48% | 8.02x | $8.60 Billion |
| Alpha Bank SA (ALBKY) | $7.32 Billion | 8.44% | 8.89x | $1.12 Billion |
| Community Capital Bancshares Inc (ALBY) | $9.19 Million | 7.09% | 8.66x | $19.76 Million |
| Alpine Banks of Colorado (ALPIB) | $342.89 Million | 16.92% | 10.27x | $248.47 Million |