CCSB Financial Corp
CCSB Financial Corp. operates as a financial holding company for Clay County Savings Bank that provides a range of banking and financial services to individual and corporate customers in Kansas City, Missouri. It offers personal banking products and services, including checking accounts, statement savings, health savings, money markets, kids adventure club, first-time home buyer savings accounts,… Read more
CCSB Financial Corp (CCFC) - Net Assets
Latest net assets as of December 2024: $9.13 Million USD
Based on the latest financial reports, CCSB Financial Corp (CCFC) has net assets worth $9.13 Million USD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($139.22 Million) and total liabilities ($130.09 Million). 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 | $9.13 Million |
| % of Total Assets | 6.56% |
| Annual Growth Rate | 1.78% |
| 5-Year Change | -14.17% |
| 10-Year Change | -6.79% |
| Growth Volatility | 267.34 |
CCSB Financial Corp - Net Assets Trend (2000–2024)
This chart illustrates how CCSB Financial Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for CCSB Financial Corp (2000–2024)
The table below shows the annual net assets of CCSB Financial Corp from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-09-30 | $9.85 Million | +11.71% |
| 2023-09-30 | $8.82 Million | -2.48% |
| 2022-09-30 | $9.04 Million | -21.75% |
| 2021-09-30 | $11.55 Million | +0.69% |
| 2020-09-30 | $11.47 Million | +3.45% |
| 2019-09-30 | $11.09 Million | +3.48% |
| 2018-09-30 | $10.72 Million | +0.46% |
| 2017-09-30 | $10.67 Million | +1.37% |
| 2016-09-30 | $10.52 Million | -0.39% |
| 2015-09-30 | $10.57 Million | +1.46% |
| 2014-09-30 | $10.41 Million | +3.08% |
| 2013-09-30 | $10.10 Million | -27.57% |
| 2005-09-30 | $13.95 Million | -2.98% |
| 2004-09-30 | $14.38 Million | -82.10% |
| 2003-09-30 | $80.33 Million | +1125.86% |
| 2002-09-30 | $6.55 Million | +1.36% |
| 2001-09-30 | $6.46 Million | +0.25% |
| 2000-09-30 | $6.45 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to CCSB Financial Corp'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 decreased by 29.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $4.57 Million | 46.41% |
| Common Stock | $9.79K | 0.10% |
| Other Components | $5.27 Million | 53.49% |
| Total Equity | $9.85 Million | 100.00% |
CCSB Financial Corp Competitors by Market Cap
The table below lists competitors of CCSB Financial Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Memphasys Ltd
AU:MEM
|
$6.40 Million |
|
Cimbeton Hazirbeton ve Prefabrik Yapi Elemanlari Sanayi ve Ticaret AS
IS:CMBTN
|
$6.40 Million |
|
Stockwik Forvaltning AB
ST:STWK
|
$6.40 Million |
|
Raimon Land Public Company Limited
BK:RML
|
$6.40 Million |
|
KACUF
PINK:KACUF
|
$6.39 Million |
|
Radiant Utama Interinsco Tbk
JK:RUIS
|
$6.39 Million |
|
Peoplelogy Berhad
KLSE:0356
|
$6.39 Million |
|
Vaswani Industries Limited
NSE:VASWANI
|
$6.39 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CCSB Financial Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 8,816,168 to 9,848,182, a change of 1,032,014 (11.7%).
- Net loss of 527,838 reduced equity.
- Share repurchases of 31,470 reduced equity.
- Other comprehensive income increased equity by 2,397,704.
- Other factors decreased equity by 806,382.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-527.84K | -5.36% |
| Share Repurchases | $31.47K | -0.32% |
| Other Comprehensive Income | $2.40 Million | +24.35% |
| Other Changes | $-806.38K | -8.19% |
| Total Change | $- | 11.71% |
Book Value vs Market Value Analysis
This analysis compares CCSB Financial Corp'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: 0.92x
- 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 0.73x to 0.92x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-09-30 | $16.66 | $12.15 | x |
| 2004-09-30 | $15.90 | $12.15 | x |
| 2005-09-30 | $15.75 | $12.15 | x |
| 2013-09-30 | $13.23 | $12.15 | x |
| 2014-09-30 | $13.53 | $12.15 | x |
| 2015-09-30 | $13.65 | $12.15 | x |
| 2016-09-30 | $13.62 | $12.15 | x |
| 2017-09-30 | $13.97 | $12.15 | x |
| 2018-09-30 | $14.16 | $12.15 | x |
| 2019-09-30 | $14.89 | $12.15 | x |
| 2020-09-30 | $15.49 | $12.15 | x |
| 2021-09-30 | $15.52 | $12.15 | x |
| 2022-09-30 | $12.11 | $12.15 | x |
| 2023-09-30 | $11.78 | $12.15 | x |
| 2024-09-30 | $13.17 | $12.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CCSB Financial Corp 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): -5.36%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -13.84%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 14.35x
- Recent ROE (-5.36%) is below the historical average (1.61%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 1.67% | 2.07% | 0.07x | 12.06x | $-536.90K |
| 2002 | 1.72% | 2.29% | 0.06x | 11.89x | $-542.30K |
| 2003 | 1.04% | 5.35% | 0.03x | 5.68x | $-1.35 Million |
| 2004 | -0.09% | -0.45% | 0.03x | 6.19x | $-1.45 Million |
| 2005 | 0.81% | 3.50% | 0.03x | 6.80x | $-1.28 Million |
| 2013 | 1.03% | 2.66% | 0.04x | 9.16x | $-906.20K |
| 2014 | 1.89% | 5.43% | 0.04x | 8.37x | $-844.23K |
| 2015 | 0.58% | 1.79% | 0.04x | 8.39x | $-995.05K |
| 2016 | 1.49% | 4.52% | 0.04x | 8.90x | $-895.21K |
| 2017 | 2.94% | 8.35% | 0.04x | 9.01x | $-753.47K |
| 2018 | 3.54% | 8.99% | 0.04x | 10.46x | $-692.05K |
| 2019 | 5.95% | 13.37% | 0.04x | 10.06x | $-449.63K |
| 2020 | 5.42% | 12.69% | 0.04x | 11.21x | $-524.97K |
| 2021 | 3.24% | 7.84% | 0.03x | 13.12x | $-781.11K |
| 2022 | 3.63% | 6.56% | 0.03x | 16.74x | $-575.92K |
| 2023 | -2.10% | -4.23% | 0.03x | 17.61x | $-1.07 Million |
| 2024 | -5.36% | -13.84% | 0.03x | 14.35x | $-1.51 Million |
Industry Comparison
This section compares CCSB Financial Corp'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 |
|---|---|---|---|---|
| CCSB Financial Corp (CCFC) | $9.13 Million | 1.67% | 14.25x | $6.40 Million |
| 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 |