HFB Financial Corp
HFB Financial Corporation operates as the bank holding company for Home Federal Bank Corporation that provides various banking and financial services to individuals and corporate customers. The company offers checking accounts, saving accounts, money market accounts, time deposits, health savings accounts, individual retirement accounts, and overdrafts. It also provides personal, recreational and… Read more
HFB Financial Corp (HFBA) - Net Assets
Latest net assets as of September 2003: $24.02 Million USD
Based on the latest financial reports, HFB Financial Corp (HFBA) has net assets worth $24.02 Million USD as of September 2003.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($256.69 Million) and total liabilities ($232.67 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 | $24.02 Million |
| % of Total Assets | 9.36% |
| Annual Growth Rate | 3.67% |
| 5-Year Change | -2.92% |
| 10-Year Change | 41.56% |
| Growth Volatility | 24907.86 |
HFB Financial Corp - Net Assets Trend (1995–2024)
This chart illustrates how HFB 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 HFB Financial Corp (1995–2024)
The table below shows the annual net assets of HFB Financial Corp from 1995 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $47.11 Million | +2.70% |
| 2023-12-31 | $45.87 Million | +5.63% |
| 2022-12-31 | $43.43 Million | -14.04% |
| 2021-12-31 | $50.52 Million | +4.11% |
| 2020-12-31 | $48.53 Million | +6.71% |
| 2019-12-31 | $45.48 Million | +108738.95% |
| 2018-12-31 | $41.78K | +2.23% |
| 2017-12-31 | $40.87K | +19.14% |
| 2012-12-31 | $34.30K | -99.90% |
| 2011-12-31 | $33.28 Million | +2.52% |
| 2010-12-31 | $32.46 Million | +37.66% |
| 2002-12-31 | $23.58 Million | +6.50% |
| 2001-12-31 | $22.14 Million | +0.00% |
| 2000-12-31 | $22.14 Million | +8.17% |
| 1999-12-31 | $20.47 Million | +13.80% |
| 1998-12-31 | $17.99 Million | +1.33% |
| 1997-12-31 | $17.75 Million | -1.31% |
| 1996-12-31 | $17.99 Million | +8.57% |
| 1995-12-31 | $16.57 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to HFB 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 grown by 355.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $53.36 Million | 113.26% |
| Common Stock | $1.14 Million | 2.42% |
| Total Equity | $47.11 Million | 100.00% |
HFB Financial Corp Competitors by Market Cap
The table below lists competitors of HFB Financial Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
K Way Information
TWO:5201
|
$27.70 Million |
|
Seoulin Bioscience Co.Ltd
KQ:038070
|
$27.72 Million |
|
Hoffmann Green Cement Technologies
PA:ALHGR
|
$27.74 Million |
|
SRV YHTIOET OYJ
F:B7J1
|
$27.74 Million |
|
JUNGDAWN Co. Ltd
KQ:208140
|
$27.69 Million |
|
Capita PLC
PINK:CTAGF
|
$27.67 Million |
|
Instil Bio Inc.
NASDAQ:TIL
|
$27.67 Million |
|
KTBST Mixed Leasehold Real Estate Investment Trust
BK:KTBSTMR
|
$27.67 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in HFB Financial Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 45,874,945 to 47,111,962, a change of 1,237,017 (2.7%).
- Net income of 2,549,360 contributed positively to equity growth.
- Dividend payments of 936,467 reduced retained earnings.
- Share repurchases of 150,382 reduced equity.
- New share issuances of 27,501 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $2.55 Million | +5.41% |
| Dividends Paid | $936.47K | -1.99% |
| Share Repurchases | $150.38K | -0.32% |
| Share Issuances | $27.50K | +0.06% |
| Other Changes | $-253.00K | -0.54% |
| Total Change | $- | 2.70% |
Book Value vs Market Value Analysis
This analysis compares HFB 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: 0.70x
- 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 2.33x to 0.70x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1995-12-31 | $12.43 | $28.90 | x |
| 1996-12-31 | $13.92 | $28.90 | x |
| 1997-12-31 | $13.29 | $28.90 | x |
| 1998-12-31 | $13.54 | $28.90 | x |
| 1999-12-31 | $15.33 | $28.90 | x |
| 2000-12-31 | $17.54 | $28.90 | x |
| 2001-12-31 | $17.69 | $28.90 | x |
| 2002-12-31 | $18.84 | $28.90 | x |
| 2010-12-31 | $26.19 | $28.90 | x |
| 2011-12-31 | $26.68 | $28.90 | x |
| 2012-12-31 | $0.03 | $28.90 | x |
| 2017-12-31 | $0.03 | $28.90 | x |
| 2018-12-31 | $0.03 | $28.90 | x |
| 2019-12-31 | $38.22 | $28.90 | x |
| 2020-12-31 | $40.95 | $28.90 | x |
| 2021-12-31 | $42.76 | $28.90 | x |
| 2022-12-31 | $36.90 | $28.90 | x |
| 2023-12-31 | $39.73 | $28.90 | x |
| 2024-12-31 | $41.26 | $28.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently HFB 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): 5.41%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.94%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 11.91x
- Recent ROE (5.41%) is below the historical average (7.09%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1995 | 6.26% | 14.03% | 0.05x | 9.62x | $-619.11K |
| 1996 | 8.36% | 18.20% | 0.05x | 9.81x | $-295.65K |
| 1997 | 6.99% | 14.43% | 0.05x | 10.74x | $-534.82K |
| 1998 | 8.02% | 15.91% | 0.04x | 11.41x | $-356.93K |
| 1999 | 7.28% | 14.05% | 0.05x | 10.62x | $-557.56K |
| 2000 | 7.18% | 16.40% | 0.04x | 11.12x | $-624.69K |
| 2001 | 7.18% | 112.47% | 0.01x | 11.12x | $-624.73K |
| 2002 | 6.74% | 112.47% | 0.01x | 10.75x | $-768.66K |
| 2010 | 5.96% | 9.38% | 0.06x | 10.72x | $-1.31 Million |
| 2011 | 4.16% | 7.07% | 0.06x | 10.43x | $-1.94 Million |
| 2012 | 5.89% | 14.34% | 0.04x | 10.04x | $-1.41K |
| 2017 | 7.98% | 20.82% | 0.04x | 8.92x | $-824.87 |
| 2018 | 8.53% | 21.87% | 0.04x | 9.13x | $-614.23 |
| 2019 | 6.47% | 14.77% | 0.05x | 8.58x | $-1.61 Million |
| 2020 | 7.07% | 16.82% | 0.05x | 8.87x | $-1.42 Million |
| 2021 | 7.22% | 17.89% | 0.04x | 9.17x | $-1.40 Million |
| 2022 | 11.26% | 23.97% | 0.04x | 11.43x | $545.72K |
| 2023 | 6.78% | 15.86% | 0.04x | 11.19x | $-1.48 Million |
| 2024 | 5.41% | 12.94% | 0.04x | 11.91x | $-2.16 Million |
Industry Comparison
This section compares HFB 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 |
|---|---|---|---|---|
| HFB Financial Corp (HFBA) | $24.02 Million | 6.26% | 9.69x | $27.69 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 |