RiverBank Holding Company
RiverBank Holding Company operates as a community bank. It offers business and personal checking and savings, money market, and certificate of deposit accounts. The company was founded in 2006 and is based in Spokane, Washington.
RiverBank Holding Company (RBNK) - Net Assets
Latest net assets as of December 2024: $24.48 Million USD
Based on the latest financial reports, RiverBank Holding Company (RBNK) has net assets worth $24.48 Million USD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($262.63 Million) and total liabilities ($238.15 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 | $24.48 Million |
| % of Total Assets | 9.32% |
| Annual Growth Rate | 10.42% |
| 5-Year Change | 59.11% |
| 10-Year Change | N/A |
| Growth Volatility | 5.14 |
RiverBank Holding Company - Net Assets Trend (2019–2024)
This chart illustrates how RiverBank Holding Company's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for RiverBank Holding Company (2019–2024)
The table below shows the annual net assets of RiverBank Holding Company from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $24.48 Million | +10.49% |
| 2023-12-31 | $22.15 Million | +10.78% |
| 2022-12-31 | $20.00 Million | +19.24% |
| 2021-12-31 | $16.77 Million | +9.02% |
| 2020-12-31 | $15.38 Million | +3.18% |
| 2019-12-31 | $14.91 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to RiverBank Holding Company'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 738744700.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $28.65 Million | 117.07% |
| Other Comprehensive Income | $-2.60 Million | -10.64% |
| Total Equity | $24.48 Million | 100.00% |
RiverBank Holding Company Competitors by Market Cap
The table below lists competitors of RiverBank Holding Company ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Rathdowney Resources Ltd
PINK:RATHF
|
$201.47K |
|
NCC -B-
BE:NCGB
|
$201.53K |
|
Great Dane Global Value
CO:GDIGV
|
$201.71K |
|
INGS
NEO:INGS
|
$201.97K |
|
Cengage Learning Holdings II Inc
OTCGREY:CNGO
|
$201.44K |
|
WORLD FUEL SERVICES
BE:WFK
|
$201.37K |
|
REGIONS FINANCIAL (RN7.SG)
STU:RN7
|
$201.05K |
|
Nvni Group Limited Warrants
NASDAQ:NVNIW
|
$201.01K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in RiverBank Holding Company's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 22,151,937 to 24,475,258, a change of 2,323,321 (10.5%).
- Net income of 2,059,551 contributed positively to equity growth.
- Other comprehensive income increased equity by 58,924.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $2.06 Million | +8.41% |
| Other Comprehensive Income | $58.92K | +0.24% |
| Other Changes | $204.85K | +0.84% |
| Total Change | $- | 10.49% |
Book Value vs Market Value Analysis
This analysis compares RiverBank Holding Company'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: 0.96x
- 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 1.27x to 0.96x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $16.73 | $21.24 | x |
| 2020-12-31 | $17.26 | $21.24 | x |
| 2021-12-31 | $18.74 | $21.24 | x |
| 2022-12-31 | $20.68 | $21.24 | x |
| 2023-12-31 | $19.87 | $21.24 | x |
| 2024-12-31 | $22.16 | $21.24 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently RiverBank Holding Company 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): 8.41%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.17%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 10.72x
- Recent ROE (8.41%) is above the historical average (7.02%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 5.47% | 11.11% | 0.05x | 9.88x | $-674.92K |
| 2020 | 3.60% | 7.98% | 0.04x | 10.59x | $-984.62K |
| 2021 | 11.05% | 23.63% | 0.04x | 11.02x | $174.59K |
| 2022 | 8.15% | 18.56% | 0.04x | 11.94x | $-369.55K |
| 2023 | 5.46% | 9.23% | 0.05x | 10.90x | $-1.01 Million |
| 2024 | 8.41% | 19.17% | 0.04x | 10.72x | $-387.97K |
Industry Comparison
This section compares RiverBank Holding Company's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $22,823,266,317
- Average return on equity (ROE) among peers: 14.64%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| RiverBank Holding Company (RBNK) | $24.48 Million | 5.47% | 9.73x | $201.46K |
| Ameris Bancorp (ABCB) | $514.76 Million | 7.94% | 9.86x | $4.91 Billion |
| ACNB Corporation (ACNB) | $106.80 Million | 8.72% | 8.79x | $452.68 Million |
| Addiko Bank AG (ADBKF) | $6.08 Billion | 0.58% | 0.00x | $210.07 Million |
| Affinity Bancshares Inc (AFBI) | $80.78 Million | 3.82% | 9.53x | $79.98 Million |
| Absa Group Limited (AGRPF) | $56.49 Billion | 12.11% | 11.71x | $6.72 Billion |
| AIB Group plc (AIBGY) | $2.74 Billion | 18.02% | 16.84x | $21.72 Billion |
| Akbank Turk Anonim Sirketi (AKBTY) | $153.61 Billion | 39.08% | 6.47x | $8.60 Billion |
| Alpha Bank SA (ALBKY) | $8.37 Billion | 34.92% | 7.81x | $1.12 Billion |
| Community Capital Bancshares Inc (ALBY) | $9.19 Million | 7.09% | 8.66x | $19.76 Million |
| Alpine Banks of Colorado (ALPIB) | $235.94 Million | 14.17% | 11.96x | $248.47 Million |