United National Bank
United National Bank offers various banking products and services in the Grady County. The company offers checking and savings accounts; credit cards; individual retirement accounts and certificates of deposits; business and merchant accounts; mortgage loans; direct deposit and SMS guardian services; and safe deposit boxes. It also offers mortgage, construction, business, personal, automobile, ho… Read more
United National Bank (UNBK) - Net Assets
Latest net assets as of : $- USD
Based on the latest financial reports, United National Bank (UNBK) has net assets worth $- USD as of .
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($-) and total liabilities ($-). 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 | $- |
| % of Total Assets | 0% |
| Annual Growth Rate | 6.63% |
| 5-Year Change | 29.11% |
| 10-Year Change | N/A |
| Growth Volatility | 1.75 |
United National Bank - Net Assets Trend (2019–2024)
This chart illustrates how United National Bank's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for United National Bank (2019–2024)
The table below shows the annual net assets of United National Bank from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $44.28 Million | +4.64% |
| 2023-12-31 | $42.32 Million | +9.86% |
| 2022-12-31 | $38.52 Million | +6.16% |
| 2021-12-31 | $36.28 Million | +5.79% |
| 2020-12-31 | $34.30 Million | +6.77% |
| 2019-12-31 | $32.12 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to United National Bank'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 50.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $35.94 Million | 81.16% |
| Common Stock | $4.02 Million | 9.09% |
| Other Components | $4.32 Million | 9.75% |
| Total Equity | $44.28 Million | 100.00% |
United National Bank Competitors by Market Cap
The table below lists competitors of United National Bank ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bessor Minerals Inc
PINK:TRYXF
|
$506.11K |
|
URBAN OUTFITTERS - Dusseldorf Stock Exchang
DU:UOF
|
$506.47K |
|
PAN AMER SILVER - Dusseldorf Stock Exchang
DU:PA2
|
$506.94K |
|
OIL-DRI CORP. AMER.DL-10
F:O4D
|
$508.45K |
|
ASA GOLD+PREC.MET.LTD.DL1
F:FZ6
|
$505.55K |
|
OPEN HOUSE
BE:O4H
|
$505.44K |
|
INTERTEK GROUP
BE:IT1
|
$505.13K |
|
TYSON FOODS -A- - Dusseldorf Stock Exchang
DU:TF7A
|
$505.04K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in United National Bank's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 42,315,847 to 44,279,924, a change of 1,964,077 (4.6%).
- Net income of 4,439,002 contributed positively to equity growth.
- Dividend payments of 2,414,526 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $4.44 Million | +10.02% |
| Dividends Paid | $2.41 Million | -5.45% |
| Other Changes | $-60.40K | -0.14% |
| Total Change | $- | 4.64% |
Book Value vs Market Value Analysis
This analysis compares United National Bank'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 1.33x 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 | $39.91 | $53.00 | x |
| 2020-12-31 | $42.61 | $53.00 | x |
| 2021-12-31 | $45.08 | $53.00 | x |
| 2022-12-31 | $47.86 | $53.00 | x |
| 2023-12-31 | $52.58 | $53.00 | x |
| 2024-12-31 | $55.02 | $53.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently United National Bank 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): 10.02%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 21.24%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 6.48x
- Recent ROE (10.02%) is below the historical average (10.22%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 9.77% | 23.62% | 0.06x | 6.74x | $-72.98K |
| 2020 | 9.46% | 24.67% | 0.05x | 7.20x | $-185.39K |
| 2021 | 8.97% | 25.65% | 0.04x | 8.01x | $-373.76K |
| 2022 | 10.18% | 28.26% | 0.05x | 7.95x | $67.98K |
| 2023 | 12.92% | 28.60% | 0.07x | 6.83x | $1.23 Million |
| 2024 | 10.02% | 21.24% | 0.07x | 6.48x | $11.01K |
Industry Comparison
This section compares United National Bank'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 |
|---|---|---|---|---|
| United National Bank (UNBK) | $- | 9.77% | N/A | $505.88K |
| 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 |