Huron Valley Bancorp Inc
Huron Valley Bancorp, Inc. operates as the bank holding company for Huron Valley State Bank that provides various banking products and services to individuals and businesses in Michigan. The company offers checking and savings accounts, overdraft solutions, certificates of deposit, IRAs, and money market accounts; mortgage, home equity, auto, personal, and recreational vehicle loans; and commerci… Read more
Huron Valley Bancorp Inc (HVLM) - Net Assets
Latest net assets as of September 2007: $27.45 Million USD
Based on the latest financial reports, Huron Valley Bancorp Inc (HVLM) has net assets worth $27.45 Million USD as of September 2007.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($27.56 Million) and total liabilities ($101.00K). 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 | $27.45 Million |
| % of Total Assets | 99.63% |
| Annual Growth Rate | -11.6% |
| 5-Year Change | 51.68% |
| 10-Year Change | 100.41% |
| Growth Volatility | 28.68 |
Huron Valley Bancorp Inc - Net Assets Trend (2013–2024)
This chart illustrates how Huron Valley 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 Huron Valley Bancorp Inc (2013–2024)
The table below shows the annual net assets of Huron Valley Bancorp Inc from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $23.63 Million | +13.59% |
| 2023-12-31 | $20.80 Million | +13.95% |
| 2022-12-31 | $18.25 Million | +4.67% |
| 2021-12-31 | $17.44 Million | +11.95% |
| 2020-12-31 | $15.58 Million | +10.61% |
| 2019-12-31 | $14.08 Million | +13.85% |
| 2018-12-31 | $12.37 Million | +14.23% |
| 2017-12-31 | $10.83 Million | +3.58% |
| 2016-12-31 | $10.45 Million | -11.32% |
| 2015-12-31 | $11.79 Million | +8.87% |
| 2014-12-31 | $10.83 Million | -88.19% |
| 2013-12-31 | $91.67 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Huron Valley 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 1721300000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $16.61 Million | 70.29% |
| Common Stock | $8.07 Million | 34.14% |
| Other Comprehensive Income | $-1.05 Million | -4.43% |
| Total Equity | $23.63 Million | 100.00% |
Huron Valley Bancorp Inc Competitors by Market Cap
The table below lists competitors of Huron Valley Bancorp Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Samil Co.Ltd
KQ:032280
|
$9.72 Million |
|
5TH PLANET GAMES DK -50
F:2HG1
|
$9.73 Million |
|
Ostasiatiske Kompagni A/S
CO:OKEAC
|
$9.73 Million |
|
Tennessee Valley Financial Holdings Inc
PINK:TVLF
|
$9.73 Million |
|
Robit Oyj
HE:ROBIT
|
$9.71 Million |
|
Airtime Partecipazioni SpA
PA:ALMEX
|
$9.71 Million |
|
AmCad BioMed Corporation
TWO:4188
|
$9.71 Million |
|
Hawsons Iron Ltd
AU:HIO
|
$9.71 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Huron Valley Bancorp Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 20,799,000 to 23,626,000, a change of 2,827,000 (13.6%).
- Net income of 2,779,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 19,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $2.78 Million | +11.76% |
| Other Comprehensive Income | $-19.00K | -0.08% |
| Other Changes | $67.00K | +0.28% |
| Total Change | $- | 13.59% |
Book Value vs Market Value Analysis
This analysis compares Huron Valley 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: 1.01x
- 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 2.21x to 1.01x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | $12.37 | $27.30 | x |
| 2014-12-31 | $13.26 | $27.30 | x |
| 2015-12-31 | $14.27 | $27.30 | x |
| 2016-12-31 | $12.28 | $27.30 | x |
| 2017-12-31 | $12.59 | $27.30 | x |
| 2018-12-31 | $14.40 | $27.30 | x |
| 2019-12-31 | $16.33 | $27.30 | x |
| 2020-12-31 | $17.94 | $27.30 | x |
| 2021-12-31 | $20.08 | $27.30 | x |
| 2022-12-31 | $21.02 | $27.30 | x |
| 2023-12-31 | $23.83 | $27.30 | x |
| 2024-12-31 | $26.92 | $27.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Huron Valley 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): 11.76%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 26.24%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 10.38x
- Recent ROE (11.76%) is above the historical average (10.18%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 4.93% | 14.53% | 0.04x | 9.08x | $-512.50K |
| 2014 | 6.41% | 17.19% | 0.04x | 9.43x | $-388.90K |
| 2015 | 8.71% | 19.84% | 0.04x | 9.83x | $-151.90K |
| 2016 | 9.96% | 18.13% | 0.05x | 12.12x | $-4.40K |
| 2017 | 10.57% | 17.82% | 0.05x | 13.00x | $61.20K |
| 2018 | 13.05% | 22.66% | 0.05x | 12.20x | $377.10K |
| 2019 | 12.25% | 21.88% | 0.05x | 11.06x | $316.80K |
| 2020 | 9.73% | 19.64% | 0.04x | 12.34x | $-41.60K |
| 2021 | 11.73% | 25.67% | 0.03x | 13.60x | $302.30K |
| 2022 | 10.91% | 22.28% | 0.04x | 12.50x | $165.80K |
| 2023 | 12.13% | 26.62% | 0.04x | 11.17x | $442.10K |
| 2024 | 11.76% | 26.24% | 0.04x | 10.38x | $416.40K |
Industry Comparison
This section compares Huron Valley 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 |
|---|---|---|---|---|
| Huron Valley Bancorp Inc (HVLM) | $27.45 Million | 4.93% | 0.00x | $9.72 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 |