Tennessee Valley Financial Holdings Inc
Tennessee Valley Financial Holdings, Inc. operates as the bank holding company for TNBank that provides various financial services to individual and corporate customers. The company offers checking accounts, savings accounts, money market investment accounts, certificates of deposit, and individual retirement accounts. It also provides commercial, residential, and consumer loans; and mortgage pro… Read more
Tennessee Valley Financial Holdings Inc (TVLF) - Net Assets
Latest net assets as of June 2024: $16.66 Billion USD
Based on the latest financial reports, Tennessee Valley Financial Holdings Inc (TVLF) has net assets worth $16.66 Billion USD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($56.20 Billion) and total liabilities ($39.54 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 | $16.66 Billion |
| % of Total Assets | 29.65% |
| Annual Growth Rate | -24.11% |
| 5-Year Change | 4.4% |
| 10-Year Change | -99.74% |
| Growth Volatility | 75.35 |
Tennessee Valley Financial Holdings Inc - Net Assets Trend (2006–2024)
This chart illustrates how Tennessee Valley Financial Holdings 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 Tennessee Valley Financial Holdings Inc (2006–2024)
The table below shows the annual net assets of Tennessee Valley Financial Holdings Inc from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-09-30 | $18.79 Million | +5.80% |
| 2023-09-30 | $17.76 Million | +23.23% |
| 2022-09-30 | $14.41 Million | -30.34% |
| 2021-09-30 | $20.69 Million | +14.95% |
| 2020-09-30 | $18.00 Million | -99.85% |
| 2019-09-30 | $11.62 Billion | +13.05% |
| 2018-09-30 | $10.28 Billion | +12.59% |
| 2017-09-30 | $9.13 Billion | +8.47% |
| 2016-09-30 | $8.42 Billion | +16.90% |
| 2015-09-30 | $7.20 Billion | +18.00% |
| 2014-09-30 | $6.10 Billion | +8.09% |
| 2013-09-30 | $5.65 Billion | +6.03% |
| 2012-09-30 | $5.33 Billion | +1.86% |
| 2011-09-30 | $5.23 Billion | +188.06% |
| 2010-09-30 | $-5.94 Billion | +9.66% |
| 2009-09-30 | $-6.57 Billion | -24.21% |
| 2008-09-30 | $-5.29 Billion | -277.58% |
| 2007-09-30 | $2.98 Billion | +10.41% |
| 2006-09-30 | $2.70 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tennessee Valley Financial Holdings 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 decreased by 99.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $11.99 Million | 63.81% |
| Common Stock | $1.86 Million | 9.91% |
| Other Components | $4.94 Million | 26.28% |
| Total Equity | $18.79 Million | 100.00% |
Tennessee Valley Financial Holdings Inc Competitors by Market Cap
The table below lists competitors of Tennessee Valley Financial Holdings Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Optimi Health Corp
OTCQX:OPTHF
|
$9.73 Million |
|
EMB Mission Bound AB (publ)
ST:NAVIGO-STAM
|
$9.73 Million |
|
Q Capital Partners Co. Ltd
KQ:016600
|
$9.73 Million |
|
Ostasiatiske Kompagni A/S
CO:OKEAC
|
$9.73 Million |
|
Hunesion Co.Ltd
KQ:290270
|
$9.73 Million |
|
5TH PLANET GAMES DK -50
F:2HG1
|
$9.73 Million |
|
Huron Valley Bancorp Inc
PINK:HVLM
|
$9.72 Million |
|
Apexindo Pratama Duta Tbk
JK:APEX
|
$9.72 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tennessee Valley Financial Holdings Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 17,758,000 to 18,788,000, a change of 1,030,000 (5.8%).
- Net income of 2,389,000 contributed positively to equity growth.
- Dividend payments of 367,000 reduced retained earnings.
- Other comprehensive income increased equity by 29,000,000.
- Other factors decreased equity by 29,992,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $2.39 Million | +12.72% |
| Dividends Paid | $367.00K | -1.95% |
| Other Comprehensive Income | $29.00 Million | +154.35% |
| Other Changes | $-29.99 Million | -159.63% |
| Total Change | $- | 5.80% |
Book Value vs Market Value Analysis
This analysis compares Tennessee Valley Financial Holdings 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: 0.66x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-09-30 | $0.00 | $6.79 | x |
| 2007-09-30 | $0.00 | $6.79 | x |
| 2008-09-30 | $6786.67 | $6.79 | x |
| 2009-09-30 | $8034.29 | $6.79 | x |
| 2010-09-30 | $9784.76 | $6.79 | x |
| 2011-09-30 | $9960.00 | $6.79 | x |
| 2012-09-30 | $10144.76 | $6.79 | x |
| 2013-09-30 | $10756.19 | $6.79 | x |
| 2014-09-30 | $11626.67 | $6.79 | x |
| 2015-09-30 | $13720.00 | $6.79 | x |
| 2016-09-30 | $16038.10 | $6.79 | x |
| 2017-09-30 | $17396.19 | $6.79 | x |
| 2018-09-30 | $19586.67 | $6.79 | x |
| 2019-09-30 | $6554.54 | $6.79 | x |
| 2020-09-30 | $10.15 | $6.79 | x |
| 2021-09-30 | $11.66 | $6.79 | x |
| 2022-09-30 | $8.12 | $6.79 | x |
| 2023-09-30 | $9.54 | $6.79 | x |
| 2024-09-30 | $10.26 | $6.79 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tennessee Valley Financial Holdings 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): 12.72%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.07%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 15.30x
- Recent ROE (12.72%) is above the historical average (10.16%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 0.03% | 11.29% | 0.00x | 12.79x | $-269.12 Million |
| 2007 | 0.01% | 3.81% | 0.00x | 11.38x | $-297.76 Million |
| 2008 | 22.93% | 7.87% | 0.37x | 7.94x | $460.70 Million |
| 2009 | 17.21% | 6.45% | 0.39x | 6.93x | $304.20 Million |
| 2010 | 18.92% | 8.94% | 0.34x | 6.17x | $458.30 Million |
| 2011 | 3.10% | 1.37% | 0.26x | 8.87x | $-360.90 Million |
| 2012 | 1.13% | 0.53% | 0.24x | 8.89x | $-472.60 Million |
| 2013 | 4.80% | 2.47% | 0.24x | 8.16x | $-293.70 Million |
| 2014 | 7.68% | 4.21% | 0.24x | 7.47x | $-141.40 Million |
| 2015 | 15.42% | 10.10% | 0.23x | 6.78x | $390.70 Million |
| 2016 | 14.64% | 11.61% | 0.21x | 6.00x | $391.00 Million |
| 2017 | 7.50% | 6.38% | 0.21x | 5.48x | $-228.30 Million |
| 2018 | 10.88% | 9.96% | 0.23x | 4.73x | $90.70 Million |
| 2019 | 0.01% | 10.42% | 0.00x | 4.34x | $-1.16 Billion |
| 2020 | 9.37% | 16.26% | 0.04x | 14.78x | $-112.60K |
| 2021 | 15.73% | 25.44% | 0.04x | 13.98x | $1.19 Million |
| 2022 | 17.10% | 21.99% | 0.04x | 19.83x | $1.02 Million |
| 2023 | 13.79% | 21.39% | 0.04x | 16.75x | $673.20K |
| 2024 | 12.72% | 14.07% | 0.06x | 15.30x | $510.20K |
Industry Comparison
This section compares Tennessee Valley Financial Holdings 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 |
|---|---|---|---|---|
| Tennessee Valley Financial Holdings Inc (TVLF) | $16.66 Billion | 0.03% | 2.37x | $9.73 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 |