Exchange Bankshares Inc
Exchange Bankshares, Inc. operates as the holding company for Exchange Bank that provides personal and business banking products and services in Georgia. It offers checking and savings accounts; and mortgage, real estate, consumer, commercial, and home equity loans. The company also provides cash management, internet and mobile banking, travel club, bill payment, and merchant services, as well as… Read more
Exchange Bankshares Inc (EXCH) - Net Assets
Latest net assets as of June 2021: $21.20 Billion USD
Based on the latest financial reports, Exchange Bankshares Inc (EXCH) has net assets worth $21.20 Billion USD as of June 2021.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($134.19 Billion) and total liabilities ($112.98 Billion). 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 | $21.20 Billion |
| % of Total Assets | 15.8% |
| Annual Growth Rate | -63.15% |
| 5-Year Change | 7.44% |
| 10-Year Change | N/A |
| Growth Volatility | 39.57 |
Exchange Bankshares Inc - Net Assets Trend (2018–2024)
This chart illustrates how Exchange Bankshares 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 Exchange Bankshares Inc (2018–2024)
The table below shows the annual net assets of Exchange Bankshares Inc from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $43.27 Million | +11.57% |
| 2023-12-31 | $38.79 Million | +10.48% |
| 2022-12-31 | $35.11 Million | -12.81% |
| 2021-12-31 | $40.27 Million | -0.03% |
| 2020-12-31 | $40.28 Million | +10.27% |
| 2019-12-31 | $36.53 Million | -99.79% |
| 2018-12-31 | $17.30 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Exchange Bankshares 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 decreased by 99.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $36.46 Million | 84.26% |
| Common Stock | $1.53 Million | 3.53% |
| Other Comprehensive Income | $-6.92 Million | -15.99% |
| Other Components | $12.20 Million | 28.20% |
| Total Equity | $43.27 Million | 100.00% |
Exchange Bankshares Inc Competitors by Market Cap
The table below lists competitors of Exchange Bankshares Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NR 21 S.A.
PA:NR21
|
$456.55K |
|
Columbus Energy Limited
V:CEL-H
|
$456.61K |
|
FED INVESTORS-B - Dusseldorf Stock Exchang
DU:3KC
|
$456.62K |
|
Cofix Group Ltd
TA:CFX
|
$456.82K |
|
Fram Skandinavien AB Series B
ST:FRAM-B
|
$456.08K |
|
LAS VEGAS SANDS - Dusseldorf Stock Exchang
DU:LCR
|
$455.64K |
|
SML Mahindra Ltd.
NSE:SMLMAH
|
$455.63K |
|
Ten Sixty Four Limited
PINK:MDSMF
|
$455.60K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Exchange Bankshares Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 38,786,757 to 43,274,551, a change of 4,487,794 (11.6%).
- Net income of 4,492,307 contributed positively to equity growth.
- Dividend payments of 859,171 reduced retained earnings.
- Other comprehensive income increased equity by 854,658.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $4.49 Million | +10.38% |
| Dividends Paid | $859.17K | -1.99% |
| Other Comprehensive Income | $854.66K | +1.97% |
| Total Change | $- | 11.57% |
Book Value vs Market Value Analysis
This analysis compares Exchange Bankshares 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: 0.66x
- 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 decreased from 1.59x to 0.66x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | $30.23 | $48.00 | x |
| 2019-12-31 | $58.78 | $48.00 | x |
| 2020-12-31 | $65.89 | $48.00 | x |
| 2021-12-31 | $66.42 | $48.00 | x |
| 2022-12-31 | $57.86 | $48.00 | x |
| 2023-12-31 | $64.60 | $48.00 | x |
| 2024-12-31 | $72.53 | $48.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Exchange Bankshares 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): 10.38%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 28.04%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 9.12x
- Recent ROE (10.38%) is above the historical average (9.64%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 11.56% | 31.68% | 0.07x | 5.39x | $267.90 Million |
| 2019 | 8.67% | 24.15% | 0.05x | 7.10x | $-484.59K |
| 2020 | 7.86% | 21.96% | 0.05x | 7.85x | $-862.09K |
| 2021 | 8.47% | 24.28% | 0.04x | 9.07x | $-616.67K |
| 2022 | 9.98% | 23.52% | 0.04x | 10.34x | $-5.78K |
| 2023 | 10.57% | 23.52% | 0.05x | 9.64x | $221.34K |
| 2024 | 10.38% | 28.04% | 0.04x | 9.12x | $164.85K |
Industry Comparison
This section compares Exchange Bankshares 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 |
|---|---|---|---|---|
| Exchange Bankshares Inc (EXCH) | $21.20 Billion | 11.56% | 5.33x | $456.38K |
| 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 |