Summit Bank Group Inc
Summit Bank Group, Inc., together with its subsidiaries, commercial banking, financing, real estate lending, and other services in Lane, Deschutes, Multnomah, and Washington counties in Oregon. It accepts various deposit products; certificate of deposit and money market accounts; and offers loan products, including commercial real estate, multi-family real estate, commercial and industrial, and s… Read more
Summit Bank Group Inc (SBKO) - Net Assets
Latest net assets as of June 2025: $115.79 Million USD
Based on the latest financial reports, Summit Bank Group Inc (SBKO) has net assets worth $115.79 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.25 Billion) and total liabilities ($1.13 Billion). 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 | $115.79 Million |
| % of Total Assets | 9.28% |
| Annual Growth Rate | 2.13% |
| 5-Year Change | 72.22% |
| 10-Year Change | -53.97% |
| Growth Volatility | 313.45 |
Summit Bank Group Inc - Net Assets Trend (2006–2024)
This chart illustrates how Summit Bank Group 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 Summit Bank Group Inc (2006–2024)
The table below shows the annual net assets of Summit Bank Group Inc from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $108.73 Million | +13.67% |
| 2023-12-31 | $95.66 Million | +13.04% |
| 2022-12-31 | $84.62 Million | +14.04% |
| 2021-12-31 | $74.21 Million | +17.54% |
| 2020-12-31 | $63.13 Million | +34.83% |
| 2019-12-31 | $46.83 Million | +15.44% |
| 2018-12-31 | $40.56 Million | +17.46% |
| 2017-12-31 | $34.53 Million | +38.73% |
| 2016-12-31 | $24.89 Million | -89.46% |
| 2015-12-31 | $236.23 Million | +31.83% |
| 2014-12-31 | $179.20 Million | +1171.33% |
| 2013-12-31 | $14.10 Million | +43.10% |
| 2007-12-31 | $9.85 Million | -86.77% |
| 2006-12-31 | $74.45 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Summit Bank Group 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 7905384400.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $78.62 Million | 72.31% |
| Common Stock | $31.68 Million | 29.14% |
| Other Comprehensive Income | $-1.57 Million | -1.45% |
| Total Equity | $108.73 Million | 100.00% |
Summit Bank Group Inc Competitors by Market Cap
The table below lists competitors of Summit Bank Group Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Aurelius Technologies Bhd
KLSE:5302
|
$86.27 Million |
|
Bookook Securities Co Ltd
KO:001275
|
$86.29 Million |
|
SAVANNAH RES PLC LS -01
F:SAV
|
$86.38 Million |
|
Celtic plc
PINK:CLTFF
|
$86.38 Million |
|
BULLS GSYO
IS:BULGS
|
$86.25 Million |
|
Knowmerce
KQ:473980
|
$86.24 Million |
|
Gujarat Industries Power Company Limited
NSE:GIPCL
|
$86.21 Million |
|
NIVIKA FASTIGHETER AB
F:Y5R
|
$86.20 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Summit Bank Group Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 95,655,375 to 108,727,748, a change of 13,072,373 (13.7%).
- Net income of 11,306,060 contributed positively to equity growth.
- Other comprehensive income increased equity by 1,167,523.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $11.31 Million | +10.4% |
| Other Comprehensive Income | $1.17 Million | +1.07% |
| Other Changes | $598.79K | +0.55% |
| Total Change | $- | 13.67% |
Book Value vs Market Value Analysis
This analysis compares Summit Bank Group 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: 1.02x
- 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 7.21x to 1.02x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | $1.98 | $14.25 | x |
| 2007-12-31 | $2.08 | $14.25 | x |
| 2013-12-31 | $2.83 | $14.25 | x |
| 2014-12-31 | $3.24 | $14.25 | x |
| 2015-12-31 | $4.06 | $14.25 | x |
| 2016-12-31 | $4.44 | $14.25 | x |
| 2017-12-31 | $5.58 | $14.25 | x |
| 2018-12-31 | $6.22 | $14.25 | x |
| 2019-12-31 | $7.16 | $14.25 | x |
| 2020-12-31 | $8.81 | $14.25 | x |
| 2021-12-31 | $9.73 | $14.25 | x |
| 2022-12-31 | $10.99 | $14.25 | x |
| 2023-12-31 | $12.34 | $14.25 | x |
| 2024-12-31 | $13.97 | $14.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Summit Bank Group 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): 10.40%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 25.35%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 11.54x
- Recent ROE (10.40%) is below the historical average (11.32%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 6.91% | 24.92% | 0.03x | 8.37x | $-283.10K |
| 2007 | 4.44% | 12.94% | 0.04x | 9.11x | $-547.26K |
| 2013 | 10.20% | 21.44% | 0.04x | 10.82x | $28.20K |
| 2014 | 14.25% | 26.89% | 0.05x | 10.64x | $715.93K |
| 2015 | 12.60% | 25.28% | 0.05x | 10.86x | $564.79K |
| 2016 | 11.47% | 20.71% | 0.05x | 11.34x | $366.20K |
| 2017 | 9.51% | 18.52% | 0.05x | 9.72x | $-170.13K |
| 2018 | 14.21% | 24.76% | 0.06x | 10.27x | $1.71 Million |
| 2019 | 12.00% | 19.57% | 0.06x | 10.84x | $936.73K |
| 2020 | 12.57% | 25.20% | 0.04x | 12.07x | $1.62 Million |
| 2021 | 14.65% | 29.92% | 0.04x | 12.19x | $3.45 Million |
| 2022 | 16.02% | 34.45% | 0.04x | 11.48x | $5.09 Million |
| 2023 | 9.33% | 23.47% | 0.04x | 11.30x | $-644.75K |
| 2024 | 10.40% | 25.35% | 0.04x | 11.54x | $433.29K |
Industry Comparison
This section compares Summit Bank Group Inc'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 |
|---|---|---|---|---|
| Summit Bank Group Inc (SBKO) | $115.79 Million | 6.91% | 9.78x | $86.26 Million |
| 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 |