Honat Bancorp Inc
Honat Bancorp, Inc. operates as a holding company for The Honesdale National Bank that provides banking services in the United States. The company offers checking, and savings and CDS; digital banking; and debit and credit cards. It also provides personal installment loan, lifeline personal line of credit, home equity loan and home equity line of credit, student loan, and auto loans; mortgage ser… Read more
Honat Bancorp Inc (HONT) - Net Assets
Latest net assets as of December 2025: $149.75 Million USD
Based on the latest financial reports, Honat Bancorp Inc (HONT) has net assets worth $149.75 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 ($1.13 Billion) and total liabilities ($976.56 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 | $149.75 Million |
| % of Total Assets | 13.3% |
| Annual Growth Rate | 7.74% |
| 5-Year Change | 25.51% |
| 10-Year Change | 213.84% |
| Growth Volatility | 24.26 |
Honat Bancorp Inc - Net Assets Trend (2002–2025)
This chart illustrates how Honat Bancorp 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 Honat Bancorp Inc (2002–2025)
The table below shows the annual net assets of Honat Bancorp Inc from 2002 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $149.75 Million | +12.11% |
| 2024-12-31 | $133.57 Million | +7.00% |
| 2023-12-31 | $124.83 Million | +9.91% |
| 2022-12-31 | $113.57 Million | -4.81% |
| 2021-12-31 | $119.31 Million | +5.96% |
| 2020-12-31 | $112.60 Million | +5.77% |
| 2019-12-31 | $106.46 Million | +6.50% |
| 2018-12-31 | $99.96 Million | +4.37% |
| 2017-12-31 | $95.78 Million | +100.73% |
| 2007-12-31 | $47.72 Million | +13.09% |
| 2006-12-31 | $42.19 Million | +13.13% |
| 2005-12-31 | $37.30 Million | +12.07% |
| 2004-12-31 | $33.28 Million | +12.57% |
| 2003-12-31 | $29.56 Million | +9.73% |
| 2002-12-31 | $26.94 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Honat Bancorp 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 540.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $170.46 Million | 113.82% |
| Common Stock | $360.00K | 0.24% |
| Other Comprehensive Income | $-6.46 Million | -4.31% |
| Total Equity | $149.75 Million | 100.00% |
Honat Bancorp Inc Competitors by Market Cap
The table below lists competitors of Honat Bancorp Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Thomas Cook (India) Limited
NSE:THOMASCOOK
|
$106.95 Million |
|
Grupo Empresas Navieras SA
SN:NAVIERA
|
$106.96 Million |
|
Desktop Metal Inc
NYSE:DM
|
$106.96 Million |
|
Steelcast Limited
NSE:STEELCAS
|
$106.97 Million |
|
OBI Pharma
TWO:4174
|
$106.86 Million |
|
Maxim Power Corp
PINK:MXGFF
|
$106.84 Million |
|
FREYR Battery SA
NYSE:FREY
|
$106.78 Million |
|
Pace Digitek Limited
NSE:PACEDIGITK
|
$106.77 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Honat Bancorp Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 133,572,000 to 149,754,000, a change of 16,182,000 (12.1%).
- Net income of 16,546,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 3,998,000.
- Other factors decreased equity by 4,362,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $16.55 Million | +11.05% |
| Other Comprehensive Income | $4.00 Million | +2.67% |
| Other Changes | $-4.36 Million | -2.91% |
| Total Change | $- | 12.11% |
Book Value vs Market Value Analysis
This analysis compares Honat Bancorp 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: 1.13x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 6.99x to 1.13x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | $16.87 | $118.00 | x |
| 2003-12-31 | $18.61 | $118.00 | x |
| 2004-12-31 | $21.08 | $118.00 | x |
| 2005-12-31 | $23.62 | $118.00 | x |
| 2006-12-31 | $26.72 | $118.00 | x |
| 2007-12-31 | $30.22 | $118.00 | x |
| 2017-12-31 | $63.92 | $118.00 | x |
| 2018-12-31 | $67.47 | $118.00 | x |
| 2019-12-31 | $72.32 | $118.00 | x |
| 2020-12-31 | $76.99 | $118.00 | x |
| 2021-12-31 | $82.35 | $118.00 | x |
| 2022-12-31 | $78.37 | $118.00 | x |
| 2023-12-31 | $86.39 | $118.00 | x |
| 2024-12-31 | $93.13 | $118.00 | x |
| 2025-12-31 | $104.63 | $118.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Honat Bancorp 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): 11.05%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 24.64%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 7.52x
- Recent ROE (11.05%) is below the historical average (11.25%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 11.67% | 37.16% | 0.03x | 11.10x | $449.42K |
| 2003 | 13.16% | 20.65% | 0.06x | 11.15x | $934.90K |
| 2004 | 15.58% | 24.60% | 0.06x | 9.92x | $1.86 Million |
| 2005 | 14.75% | 24.56% | 0.06x | 9.47x | $1.77 Million |
| 2006 | 16.08% | 33.10% | 0.05x | 9.34x | $2.57 Million |
| 2007 | 13.78% | 32.16% | 0.05x | 9.39x | $1.80 Million |
| 2017 | 6.47% | 21.90% | 0.04x | 6.72x | $-3.38 Million |
| 2018 | 8.68% | 28.29% | 0.05x | 6.60x | $-1.32 Million |
| 2019 | 8.46% | 25.98% | 0.05x | 6.63x | $-1.64 Million |
| 2020 | 8.33% | 26.02% | 0.04x | 7.21x | $-1.88 Million |
| 2021 | 9.16% | 30.02% | 0.04x | 7.92x | $-1.01 Million |
| 2022 | 11.58% | 36.40% | 0.04x | 8.12x | $1.79 Million |
| 2023 | 10.31% | 32.93% | 0.04x | 7.72x | $383.00K |
| 2024 | 9.73% | 31.95% | 0.04x | 7.81x | $-356.20K |
| 2025 | 11.05% | 24.64% | 0.06x | 7.52x | $1.57 Million |
Industry Comparison
This section compares Honat Bancorp 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 |
|---|---|---|---|---|
| Honat Bancorp Inc (HONT) | $149.75 Million | 11.67% | 6.52x | $106.94 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 |