First Robinson Financial Corporation
First Robinson Financial Corporation operates as the holding company for First Robinson Savings Bank, National Association that provides various banking and financial products and services to individual and corporate customers in the United States. The company offers various deposit products, including checking, savings, money market, health savings, and individual retirement accounts; and certif… Read more
First Robinson Financial Corporation (FRFC) - Net Assets
Latest net assets as of December 2025: $37.24 Million USD
Based on the latest financial reports, First Robinson Financial Corporation (FRFC) has net assets worth $37.24 Million USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($501.94 Million) and total liabilities ($464.70 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 | $37.24 Million |
| % of Total Assets | 7.42% |
| Annual Growth Rate | 3.46% |
| 5-Year Change | -1.93% |
| 10-Year Change | 32.64% |
| Growth Volatility | 13.01 |
First Robinson Financial Corporation - Net Assets Trend (1998–2025)
This chart illustrates how First Robinson Financial Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for First Robinson Financial Corporation (1998–2025)
The table below shows the annual net assets of First Robinson Financial Corporation from 1998 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $32.33 Million | +26.21% |
| 2024-03-31 | $25.62 Million | +12.22% |
| 2023-03-31 | $22.83 Million | -14.88% |
| 2022-03-31 | $26.82 Million | -18.65% |
| 2021-03-31 | $32.97 Million | +7.86% |
| 2020-03-31 | $30.57 Million | +10.47% |
| 2019-03-31 | $27.67 Million | +9.37% |
| 2018-03-31 | $25.30 Million | +1.31% |
| 2017-03-31 | $24.97 Million | +2.45% |
| 2016-03-31 | $24.38 Million | +5.02% |
| 2015-03-31 | $23.21 Million | +10.27% |
| 2014-03-31 | $21.05 Million | +2.85% |
| 2013-03-31 | $20.46 Million | +8.15% |
| 2012-03-31 | $18.92 Million | +48.24% |
| 2011-03-31 | $12.77 Million | +5.98% |
| 2010-03-31 | $12.04 Million | -2.13% |
| 2009-03-31 | $12.31 Million | +3.63% |
| 2008-03-31 | $11.88 Million | -0.12% |
| 2007-03-31 | $11.89 Million | +4.15% |
| 2006-03-31 | $11.42 Million | -0.35% |
| 2005-03-31 | $11.46 Million | +4.69% |
| 2004-03-31 | $10.94 Million | +5.52% |
| 2003-03-31 | $10.37 Million | +15.23% |
| 2002-03-31 | $9.00 Million | -0.46% |
| 2001-03-31 | $9.04 Million | -2.84% |
| 2000-03-31 | $9.31 Million | -19.51% |
| 1999-03-31 | $11.56 Million | -10.34% |
| 1998-03-31 | $12.89 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to First Robinson Financial Corporation'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 582.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $35.67 Million | 110.32% |
| Common Stock | $10.00K | 0.03% |
| Other Comprehensive Income | $-6.07 Million | -18.77% |
| Other Components | $2.72 Million | 8.43% |
| Total Equity | $32.33 Million | 100.00% |
First Robinson Financial Corporation Competitors by Market Cap
The table below lists competitors of First Robinson Financial Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Deka MSCI World Climate Change ESG UCITS ETF
F:D6RP
|
$370.13K |
|
Pacific Bay Minerals Ltd
PINK:PBMFF
|
$370.72K |
|
Hakken Capital Corp
V:HAKK-P
|
$370.95K |
|
Land & Homes Group Ltd
AU:LHM
|
$371.24K |
|
Jubilant Flame International Ltd
OTCQB:JFIL
|
$369.74K |
|
Wingara AG Ltd
AU:WNR
|
$369.72K |
|
ADMIRAL GROUP - Dusseldorf Stock Exchang
DU:FLN
|
$369.72K |
|
Global Bioenergies SA
F:1DK
|
$369.68K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in First Robinson Financial Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 25,617,000 to 32,331,000, a change of 6,714,000 (26.2%).
- Net income of 3,660,000 contributed positively to equity growth.
- Dividend payments of 721,000 reduced retained earnings.
- Share repurchases of 634,000 reduced equity.
- Other comprehensive income increased equity by 4,393,001.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $3.66 Million | +11.32% |
| Dividends Paid | $721.00K | -2.23% |
| Share Repurchases | $634.00K | -1.96% |
| Other Comprehensive Income | $4.39 Million | +13.59% |
| Other Changes | $16.00K | +0.05% |
| Total Change | $- | 26.21% |
Book Value vs Market Value Analysis
This analysis compares First Robinson Financial Corporation'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 2.70x 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 |
|---|---|---|---|
| 1998-03-31 | $15.00 | $40.50 | x |
| 1999-03-31 | $14.87 | $40.50 | x |
| 2000-03-31 | $13.60 | $40.50 | x |
| 2001-03-31 | $16.56 | $40.50 | x |
| 2002-03-31 | $17.86 | $40.50 | x |
| 2003-03-31 | $20.99 | $40.50 | x |
| 2004-03-31 | $20.90 | $40.50 | x |
| 2005-03-31 | $22.03 | $40.50 | x |
| 2006-03-31 | $22.16 | $40.50 | x |
| 2007-03-31 | $23.94 | $40.50 | x |
| 2008-03-31 | $25.19 | $40.50 | x |
| 2009-03-31 | $27.52 | $40.50 | x |
| 2010-03-31 | $28.11 | $40.50 | x |
| 2011-03-31 | $29.78 | $40.50 | x |
| 2012-03-31 | $44.32 | $40.50 | x |
| 2014-03-31 | $46.00 | $40.50 | x |
| 2015-03-31 | $40.07 | $40.50 | x |
| 2016-03-31 | $42.09 | $40.50 | x |
| 2017-03-31 | $43.37 | $40.50 | x |
| 2018-03-31 | $44.09 | $40.50 | x |
| 2019-03-31 | $48.22 | $40.50 | x |
| 2020-03-31 | $53.62 | $40.50 | x |
| 2021-03-31 | $58.97 | $40.50 | x |
| 2022-03-31 | $49.62 | $40.50 | x |
| 2023-03-31 | $42.33 | $40.50 | x |
| 2024-03-31 | $47.54 | $40.50 | x |
| 2025-03-31 | $61.18 | $40.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently First Robinson Financial Corporation 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): 11.32%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 23.07%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 14.77x
- Recent ROE (11.32%) is above the historical average (7.80%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | 2.89% | 8.81% | 0.05x | 6.20x | $-916.50K |
| 1999 | 1.82% | 5.17% | 0.05x | 7.25x | $-946.20K |
| 2000 | 7.06% | 9.14% | 0.08x | 9.38x | $-273.60K |
| 2001 | 3.93% | 4.57% | 0.09x | 9.83x | $-549.20K |
| 2002 | 4.37% | 5.58% | 0.07x | 10.86x | $-507.00K |
| 2003 | 9.62% | 14.11% | 0.07x | 9.96x | $-39.10K |
| 2004 | 8.71% | 14.07% | 0.07x | 9.31x | $-141.30K |
| 2005 | 7.49% | 13.09% | 0.06x | 9.73x | $-287.60K |
| 2006 | 8.62% | 13.98% | 0.06x | 9.59x | $-157.60K |
| 2007 | 8.52% | 12.52% | 0.07x | 9.44x | $-176.00K |
| 2008 | 8.18% | 10.93% | 0.07x | 11.27x | $-216.60K |
| 2009 | 6.43% | 8.49% | 0.06x | 13.36x | $-439.70K |
| 2010 | -0.25% | -0.30% | 0.05x | 15.19x | $-1.23 Million |
| 2011 | 10.93% | 12.83% | 0.05x | 16.36x | $118.50K |
| 2012 | 10.28% | 17.56% | 0.05x | 11.39x | $53.70K |
| 2013 | 11.50% | 20.48% | 0.05x | 11.26x | $307.50K |
| 2014 | 7.83% | 14.72% | 0.04x | 12.92x | $-456.90K |
| 2015 | 9.03% | 16.68% | 0.05x | 12.03x | $-224.00K |
| 2016 | 8.27% | 15.74% | 0.04x | 12.14x | $-420.50K |
| 2017 | 8.09% | 14.85% | 0.04x | 12.32x | $-476.10K |
| 2018 | 7.67% | 13.66% | 0.04x | 12.62x | $-589.70K |
| 2019 | 8.45% | 14.71% | 0.05x | 12.17x | $-428.70K |
| 2020 | 10.81% | 20.03% | 0.05x | 11.28x | $247.50K |
| 2021 | 7.94% | 19.05% | 0.03x | 12.89x | $-680.70K |
| 2022 | 10.17% | 16.88% | 0.03x | 17.55x | $46.00K |
| 2023 | 11.35% | 15.43% | 0.04x | 20.68x | $308.20K |
| 2024 | 7.48% | 14.65% | 0.03x | 18.30x | $-644.70K |
| 2025 | 11.32% | 23.07% | 0.03x | 14.77x | $426.90K |
Industry Comparison
This section compares First Robinson Financial Corporation'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 |
|---|---|---|---|---|
| First Robinson Financial Corporation (FRFC) | $37.24 Million | 2.89% | 12.48x | $369.81K |
| 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 |