Heritage NOLA Bancorp Inc
Heritage NOLA Bancorp, Inc. operates as a holding company for Heritage Bank of St. Tammany that provides various financial services in Louisiana. Its deposit accounts include non-interest-bearing and interest-bearing demand, savings, individual retirement, and certificates of deposit. The company's loan portfolio comprises one- to four-family real estate; multi-family real estate; commercial real… Read more
Heritage NOLA Bancorp Inc (HRGG) - Net Assets
Latest net assets as of September 2025: $20.65 Million USD
Based on the latest financial reports, Heritage NOLA Bancorp Inc (HRGG) has net assets worth $20.65 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($185.45 Million) and total liabilities ($164.80 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 | $20.65 Million |
| % of Total Assets | 11.13% |
| Annual Growth Rate | 8.92% |
| 5-Year Change | -9.75% |
| 10-Year Change | N/A |
| Growth Volatility | 49.59 |
Heritage NOLA Bancorp Inc - Net Assets Trend (2015–2024)
This chart illustrates how Heritage NOLA 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 Heritage NOLA Bancorp Inc (2015–2024)
The table below shows the annual net assets of Heritage NOLA Bancorp Inc from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $20.12 Million | -0.74% |
| 2023-12-31 | $20.27 Million | -1.05% |
| 2022-12-31 | $20.49 Million | -7.96% |
| 2021-12-31 | $22.26 Million | -0.17% |
| 2020-12-31 | $22.30 Million | -3.82% |
| 2019-12-31 | $23.18 Million | -3.87% |
| 2018-12-31 | $24.12 Million | -0.22% |
| 2017-12-31 | $24.17 Million | +155.51% |
| 2016-12-31 | $9.46 Million | +1.44% |
| 2015-12-31 | $9.33 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Heritage NOLA 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 20.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $11.18 Million | 55.53% |
| Common Stock | $12.00K | 0.06% |
| Other Comprehensive Income | $-1.72 Million | -8.56% |
| Other Components | $10.66 Million | 52.97% |
| Total Equity | $20.12 Million | 100.00% |
Heritage NOLA Bancorp Inc Competitors by Market Cap
The table below lists competitors of Heritage NOLA Bancorp Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
RN2 Technologies Co. Ltd
KQ:148250
|
$13.17 Million |
|
American West Metals Limited
PINK:AWMLF
|
$13.17 Million |
|
Haranga Resources Ltd
AU:HAR
|
$13.17 Million |
|
Khaitan Chemicals & Fertilizers Limited
NSE:KHAICHEM
|
$13.17 Million |
|
Modular Medical Inc
NASDAQ:MODD
|
$13.16 Million |
|
Oreterra Metals Corp.
V:OTMC
|
$13.16 Million |
|
SDS Group Bhd
KLSE:0212
|
$13.16 Million |
|
Evrofarma SA
AT:EVROF
|
$13.16 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Heritage NOLA Bancorp Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 20,273,000 to 20,123,000, a change of -150,000 (-0.7%).
- Net loss of 218,000 reduced equity.
- Other comprehensive income increased equity by 7,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-218.00K | -1.08% |
| Other Comprehensive Income | $7.00K | +0.03% |
| Other Changes | $61.00K | +0.3% |
| Total Change | $- | -0.74% |
Book Value vs Market Value Analysis
This analysis compares Heritage NOLA 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: 0.80x
- 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 2.48x to 0.80x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $5.64 | $14.00 | x |
| 2016-12-31 | $5.72 | $14.00 | x |
| 2017-12-31 | $15.84 | $14.00 | x |
| 2018-12-31 | $15.66 | $14.00 | x |
| 2019-12-31 | $15.41 | $14.00 | x |
| 2020-12-31 | $15.91 | $14.00 | x |
| 2021-12-31 | $17.58 | $14.00 | x |
| 2022-12-31 | $16.64 | $14.00 | x |
| 2023-12-31 | $17.80 | $14.00 | x |
| 2024-12-31 | $17.58 | $14.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Heritage NOLA 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): -1.08%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.33%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 9.03x
- Recent ROE (-1.08%) is below the historical average (1.26%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 2.97% | 6.73% | 0.04x | 10.34x | $-655.60K |
| 2016 | 1.67% | 4.59% | 0.04x | 10.36x | $-788.00K |
| 2017 | 2.27% | 14.36% | 0.03x | 4.55x | $-1.87 Million |
| 2018 | 1.73% | 7.68% | 0.05x | 4.95x | $-1.99 Million |
| 2019 | 1.53% | 5.68% | 0.05x | 5.67x | $-1.96 Million |
| 2020 | 3.48% | 9.87% | 0.06x | 6.36x | $-1.45 Million |
| 2021 | 4.53% | 13.98% | 0.05x | 6.92x | $-1.22 Million |
| 2022 | 3.06% | 9.01% | 0.04x | 8.78x | $-1.42 Million |
| 2023 | -7.57% | -46.05% | 0.02x | 8.60x | $-3.56 Million |
| 2024 | -1.08% | -2.33% | 0.05x | 9.03x | $-2.23 Million |
Industry Comparison
This section compares Heritage NOLA 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 |
|---|---|---|---|---|
| Heritage NOLA Bancorp Inc (HRGG) | $20.65 Million | 2.97% | 7.98x | $13.17 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 |