Neffs Bancorp Inc
Neffs Bancorp, Inc. operates as a bank holding company for The Neffs National Bank that provides a range of financial services to individuals, small businesses, and corporate customers in Lehigh County and Northampton County, Pennsylvania. It accepts various deposit products, including checking accounts, savings and club accounts, money market demand accounts, certificates of deposit/individual r… Read more
Neffs Bancorp Inc (NEFB) - Net Assets
Latest net assets as of December 2017: $63.29 Million USD
Based on the latest financial reports, Neffs Bancorp Inc (NEFB) has net assets worth $63.29 Million USD as of December 2017.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($349.22 Million) and total liabilities ($285.93 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 | $63.29 Million |
| % of Total Assets | 18.12% |
| Annual Growth Rate | 2.87% |
| 5-Year Change | -8.94% |
| 10-Year Change | 16.35% |
| Growth Volatility | 137.57 |
Neffs Bancorp Inc - Net Assets Trend (2005–2024)
This chart illustrates how Neffs 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 Neffs Bancorp Inc (2005–2024)
The table below shows the annual net assets of Neffs Bancorp Inc from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $67.27 Million | -2.64% |
| 2023-12-31 | $69.10 Million | +2.16% |
| 2022-12-31 | $67.63 Million | -9.46% |
| 2021-12-31 | $74.70 Million | +1.12% |
| 2020-12-31 | $73.87 Million | +4.58% |
| 2019-12-31 | $70.64 Million | +6.98% |
| 2018-12-31 | $66.03 Million | +4.33% |
| 2017-12-31 | $63.29 Million | +4.33% |
| 2016-12-31 | $60.66 Million | +4.91% |
| 2015-12-31 | $57.82 Million | -81.21% |
| 2014-12-31 | $307.64 Million | +558.80% |
| 2010-12-31 | $46.70 Million | +2.34% |
| 2009-12-31 | $45.63 Million | +2.47% |
| 2008-12-31 | $44.53 Million | +6.45% |
| 2007-12-31 | $41.83 Million | +1.47% |
| 2006-12-31 | $41.22 Million | +4.91% |
| 2005-12-31 | $39.29 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Neffs 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 124.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $88.85 Million | 132.08% |
| Common Stock | $188.00K | 0.28% |
| Other Comprehensive Income | $-9.42 Million | -14.00% |
| Total Equity | $67.27 Million | 100.00% |
Neffs Bancorp Inc Competitors by Market Cap
The table below lists competitors of Neffs Bancorp Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Openbase Inc
KQ:049480
|
$36.01 Million |
|
Value8 N.V
AS:VALUE
|
$36.01 Million |
|
Gemfields Group Limited
PINK:PLLHF
|
$36.02 Million |
|
Promate Solutions
TWO:6577
|
$36.02 Million |
|
NISSAN SECURITIES GROUP
F:OH5
|
$36.01 Million |
|
ImpediMed Limited
PINK:IPDQF
|
$36.00 Million |
|
Daily Polymer
TWO:4716
|
$35.99 Million |
|
Ramssol Group Bhd
KLSE:0236
|
$35.97 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Neffs Bancorp Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 69,098,000 to 67,272,000, a change of -1,826,000 (-2.6%).
- Net income of 2,243,000 contributed positively to equity growth.
- Dividend payments of 1,252,000 reduced retained earnings.
- Share repurchases of 2,116,000 reduced equity.
- New share issuances of 294,000 increased equity.
- Other comprehensive income decreased equity by 995,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $2.24 Million | +3.33% |
| Dividends Paid | $1.25 Million | -1.86% |
| Share Repurchases | $2.12 Million | -3.15% |
| Share Issuances | $294.00K | +0.44% |
| Other Comprehensive Income | $-995.00K | -1.48% |
| Total Change | $- | -2.64% |
Book Value vs Market Value Analysis
This analysis compares Neffs 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: 0.63x
- 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 1.45x to 0.63x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | $199.34 | $290.00 | x |
| 2006-12-31 | $208.25 | $290.00 | x |
| 2007-12-31 | $213.53 | $290.00 | x |
| 2008-12-31 | $234.53 | $290.00 | x |
| 2009-12-31 | $244.76 | $290.00 | x |
| 2010-12-31 | $257.02 | $290.00 | x |
| 2013-12-31 | $321.88 | $290.00 | x |
| 2014-12-31 | $342.93 | $290.00 | x |
| 2015-12-31 | $362.46 | $290.00 | x |
| 2016-12-31 | $381.39 | $290.00 | x |
| 2017-12-31 | $398.30 | $290.00 | x |
| 2018-12-31 | $415.42 | $290.00 | x |
| 2019-12-31 | $445.60 | $290.00 | x |
| 2020-12-31 | $466.30 | $290.00 | x |
| 2021-12-31 | $471.35 | $290.00 | x |
| 2022-12-31 | $431.31 | $290.00 | x |
| 2023-12-31 | $448.26 | $290.00 | x |
| 2024-12-31 | $463.33 | $290.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Neffs 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): 3.33%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 22.00%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 6.80x
- Recent ROE (3.33%) is below the historical average (6.47%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 7.82% | 28.63% | 0.05x | 5.43x | $-857.40K |
| 2006 | 6.85% | 25.10% | 0.05x | 5.24x | $-1.30 Million |
| 2007 | 6.46% | 22.13% | 0.05x | 5.40x | $-1.48 Million |
| 2008 | 6.82% | 23.10% | 0.06x | 5.36x | $-1.42 Million |
| 2009 | 6.93% | 23.01% | 0.05x | 5.66x | $-1.40 Million |
| 2010 | 7.34% | 24.90% | 0.05x | 5.96x | $-1.24 Million |
| 2013 | 7.94% | 42.71% | 0.03x | 5.80x | $-1.08 Million |
| 2014 | 7.16% | 40.88% | 0.03x | 5.61x | $-1.57 Million |
| 2015 | 7.49% | 33.54% | 0.04x | 5.67x | $-1.45 Million |
| 2016 | 7.51% | 34.80% | 0.04x | 5.59x | $-1.51 Million |
| 2017 | 6.15% | 30.47% | 0.04x | 5.52x | $-2.44 Million |
| 2018 | 6.80% | 32.46% | 0.04x | 5.62x | $-2.11 Million |
| 2019 | 6.74% | 32.11% | 0.04x | 5.32x | $-2.30 Million |
| 2020 | 4.86% | 26.73% | 0.03x | 5.54x | $-3.80 Million |
| 2021 | 5.40% | 29.77% | 0.03x | 6.20x | $-3.43 Million |
| 2022 | 6.69% | 30.85% | 0.03x | 6.93x | $-2.24 Million |
| 2023 | 4.20% | 17.76% | 0.04x | 6.60x | $-4.01 Million |
| 2024 | 3.33% | 22.00% | 0.02x | 6.80x | $-4.48 Million |
Industry Comparison
This section compares Neffs 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 |
|---|---|---|---|---|
| Neffs Bancorp Inc (NEFB) | $63.29 Million | 7.82% | 4.52x | $36.01 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 |