Savi Financial Corporation Inc
Savi Financial Corporation, Inc. operates as a financial holding company for SaviBank that provides various commercial banking products and services for small and middle-market businesses, and individuals in and around Skagit, Island, and Whatcom counties in the United States. It offers checking accounts, savings accounts, money market accounts, certificates of deposit, and individual retirement … Read more
Savi Financial Corporation Inc (SVVB) - Net Assets
Latest net assets as of December 2024: $36.22 Million USD
Based on the latest financial reports, Savi Financial Corporation Inc (SVVB) has net assets worth $36.22 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 ($634.54 Million) and total liabilities ($598.32 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 | $36.22 Million |
| % of Total Assets | 5.71% |
| Annual Growth Rate | 15.9% |
| 5-Year Change | 5.8% |
| 10-Year Change | 153.03% |
| Growth Volatility | 55.67 |
Savi Financial Corporation Inc - Net Assets Trend (2013–2024)
This chart illustrates how Savi Financial Corporation 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 Savi Financial Corporation Inc (2013–2024)
The table below shows the annual net assets of Savi Financial Corporation Inc from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $36.22 Million | -2.60% |
| 2023-12-31 | $37.19 Million | +2.51% |
| 2022-12-31 | $36.28 Million | -3.63% |
| 2021-12-31 | $37.64 Million | +9.97% |
| 2020-12-31 | $34.23 Million | +4.41% |
| 2019-12-31 | $32.79 Million | +5.34% |
| 2018-12-31 | $31.12 Million | +9.59% |
| 2017-12-31 | $28.40 Million | +438.58% |
| 2016-12-31 | $-8.39 Million | -158.60% |
| 2015-12-31 | $14.31 Million | +14.88% |
| 2014-12-31 | $12.46 Million | +74.47% |
| 2013-12-31 | $7.14 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Savi Financial Corporation 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 2524796600.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $9.77 Million | 26.98% |
| Common Stock | $28.52 Million | 78.73% |
| Other Comprehensive Income | $-2.97 Million | -8.19% |
| Other Components | $894.25K | 2.47% |
| Total Equity | $36.22 Million | 100.00% |
Savi Financial Corporation Inc Competitors by Market Cap
The table below lists competitors of Savi Financial Corporation Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Otto Holding AS
IS:OTTO
|
$28.16 Million |
|
Sangsangin Investment & Securities Co Ltd
KO:001290
|
$28.17 Million |
|
Bonterra Resources Inc
OTCQX:BONXF
|
$28.17 Million |
|
Apollo Minerals Ltd
AU:AON
|
$28.17 Million |
|
Creative Technology Ltd
PINK:CREAF
|
$28.16 Million |
|
Pinar Su Sanayi ve Ticaret AS
IS:PINSU
|
$28.16 Million |
|
Niloerngruppen AB Series B
ST:NIL-B
|
$28.15 Million |
|
MoneyHero Limited Class A Ordinary Shares
NASDAQ:MNY
|
$28.15 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Savi Financial Corporation Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 37,187,403 to 36,219,724, a change of -967,679 (-2.6%).
- Net loss of 1,199,189 reduced equity.
- New share issuances of 97,007 increased equity.
- Other comprehensive income increased equity by 35,792.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.20 Million | -3.31% |
| Share Issuances | $97.01K | +0.27% |
| Other Comprehensive Income | $35.79K | +0.1% |
| Other Changes | $98.71K | +0.27% |
| Total Change | $- | -2.60% |
Book Value vs Market Value Analysis
This analysis compares Savi Financial Corporation 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: 1.46x
- 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 12.45x to 1.46x 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 | $1.23 | $15.25 | x |
| 2014-12-31 | $1.16 | $15.25 | x |
| 2015-12-31 | $1.23 | $15.25 | x |
| 2016-12-31 | $8.60 | $15.25 | x |
| 2017-12-31 | $8.30 | $15.25 | x |
| 2018-12-31 | $9.09 | $15.25 | x |
| 2019-12-31 | $9.55 | $15.25 | x |
| 2020-12-31 | $9.97 | $15.25 | x |
| 2021-12-31 | $10.93 | $15.25 | x |
| 2022-12-31 | $10.54 | $15.25 | x |
| 2023-12-31 | $8.66 | $15.25 | x |
| 2024-12-31 | $10.42 | $15.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Savi Financial Corporation 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): -3.31%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.18%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 17.51x
- Recent ROE (-3.31%) is below the historical average (5.73%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 1.91% | 2.91% | 0.04x | 16.91x | $-577.98K |
| 2014 | 1.10% | 2.56% | 0.04x | 9.93x | $-1.11 Million |
| 2015 | 4.91% | 11.21% | 0.04x | 9.75x | $-728.96K |
| 2016 | 28.48% | 67.91% | 0.05x | 9.27x | $3.72 Million |
| 2017 | 0.31% | 0.81% | 0.05x | 7.65x | $-2.75 Million |
| 2018 | 7.19% | 16.66% | 0.05x | 8.60x | $-873.36K |
| 2019 | 4.31% | 8.67% | 0.05x | 9.55x | $-1.87 Million |
| 2020 | 3.95% | 7.66% | 0.04x | 11.98x | $-2.07 Million |
| 2021 | 9.54% | 15.12% | 0.05x | 12.76x | $-174.76K |
| 2022 | 10.26% | 13.85% | 0.05x | 14.44x | $95.01K |
| 2023 | 0.13% | 0.15% | 0.05x | 15.96x | $-3.67 Million |
| 2024 | -3.31% | -5.18% | 0.04x | 17.51x | $-4.82 Million |
Industry Comparison
This section compares Savi Financial Corporation 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 |
|---|---|---|---|---|
| Savi Financial Corporation Inc (SVVB) | $36.22 Million | 1.91% | 16.52x | $28.16 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 |