Brompton Split Banc Corp (SBC) - Net Assets
Based on the latest financial reports, Brompton Split Banc Corp (SBC) has net assets worth CA$269.68 Million CAD (≈ $195.08 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 (CA$507.43 Million ≈ $367.07 Million USD) and total liabilities (CA$237.75 Million ≈ $171.98 Million USD). 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. Check Brompton Split Banc Corp (SBC) strategic investment index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$269.68 Million |
| % of Total Assets | 53.15% |
| Annual Growth Rate | 5.3% |
| 5-Year Change | 66.14% |
| 10-Year Change | 205.46% |
| Growth Volatility | 41.16 |
Brompton Split Banc Corp - Net Assets Trend (2005–2024)
This chart illustrates how Brompton Split Banc Corp's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Brompton Split Banc Corp (SBC) market capitalisation.
Annual Net Assets for Brompton Split Banc Corp (2005–2024)
The table below shows the annual net assets of Brompton Split Banc Corp from 2005 to 2024. Also explore Brompton Split Banc Corp equity growth rate to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$238.90 Million ≈ $172.82 Million |
+30.76% |
| 2023-12-31 | CA$182.70 Million ≈ $132.16 Million |
+10.85% |
| 2022-12-31 | CA$164.81 Million ≈ $119.22 Million |
-20.68% |
| 2021-12-31 | CA$207.77 Million ≈ $150.30 Million |
+44.49% |
| 2020-12-31 | CA$143.80 Million ≈ $104.02 Million |
+34.33% |
| 2019-12-31 | CA$107.05 Million ≈ $77.44 Million |
+28.08% |
| 2018-12-31 | CA$83.58 Million ≈ $60.46 Million |
-26.26% |
| 2017-12-31 | CA$113.34 Million ≈ $81.99 Million |
+8.60% |
| 2016-12-31 | CA$104.37 Million ≈ $75.50 Million |
+33.45% |
| 2015-12-31 | CA$78.21 Million ≈ $56.58 Million |
-25.34% |
| 2014-12-31 | CA$104.75 Million ≈ $75.78 Million |
+9.41% |
| 2013-12-31 | CA$95.75 Million ≈ $69.26 Million |
+21.59% |
| 2012-12-31 | CA$78.75 Million ≈ $56.96 Million |
+31.55% |
| 2011-12-31 | CA$59.86 Million ≈ $43.30 Million |
-11.94% |
| 2010-12-31 | CA$67.97 Million ≈ $49.17 Million |
+10.74% |
| 2009-12-31 | CA$61.38 Million ≈ $44.40 Million |
+134.16% |
| 2008-12-31 | CA$26.21 Million ≈ $18.96 Million |
-70.22% |
| 2007-12-31 | CA$88.02 Million ≈ $63.67 Million |
-31.74% |
| 2006-12-31 | CA$128.94 Million ≈ $93.27 Million |
+43.89% |
| 2005-12-31 | CA$89.61 Million ≈ $64.82 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Brompton Split Banc Corp'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 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$238.90 Million | 100.00% |
| Total Equity | CA$238.90 Million | 100.00% |
Brompton Split Banc Corp Competitors by Market Cap
The table below lists competitors of Brompton Split Banc Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Andretti Acquisition Corp. II Class A Ordinary Shares
NASDAQ:POLE
|
$254.71 Million |
|
Millenium Hotels Real Estate I SOCIMI S.A.
MC:YMHRE
|
$254.77 Million |
|
Monument Mining Limited
V:MMY
|
$254.79 Million |
|
BIDV Securities JSC
VN:BSI
|
$254.97 Million |
|
Invalda INVL AB
STU:WTK
|
$254.57 Million |
|
Taiwan Sanyo Electric Co Ltd
TW:1614
|
$254.52 Million |
|
Hiron-Trade Investments & Industrial Buildings Ltd
TA:HRON
|
$254.51 Million |
|
Praetorian Acquisition Corp. Class A Ordinary Shares
NASDAQ:PTOR
|
$254.39 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Brompton Split Banc Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 182,702,062 to 238,904,387, a change of 56,202,325 (30.8%).
- Net income of 75,694,593 contributed positively to equity growth.
- Dividend payments of 26,296,497 reduced retained earnings.
- Share repurchases of 18,191,370 reduced equity.
- New share issuances of 18,191,373 increased equity.
- Other factors increased equity by 6,804,226.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$75.69 Million | +31.68% |
| Dividends Paid | CA$26.30 Million | -11.01% |
| Share Repurchases | CA$18.19 Million | -7.61% |
| Share Issuances | CA$18.19 Million | +7.61% |
| Other Changes | CA$6.80 Million | +2.85% |
| Total Change | CA$- | 30.76% |
Book Value vs Market Value Analysis
This analysis compares Brompton Split Banc Corp'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: 1.20x
- 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 1.35x to 1.20x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | CA$9.66 | CA$13.02 | x |
| 2006-12-31 | CA$11.25 | CA$13.02 | x |
| 2007-12-31 | CA$7.87 | CA$13.02 | x |
| 2008-12-31 | CA$2.50 | CA$13.02 | x |
| 2009-12-31 | CA$7.62 | CA$13.02 | x |
| 2010-12-31 | CA$7.70 | CA$13.02 | x |
| 2011-12-31 | CA$6.60 | CA$13.02 | x |
| 2012-12-31 | CA$8.45 | CA$13.02 | x |
| 2013-12-31 | CA$8.72 | CA$13.02 | x |
| 2014-12-31 | CA$9.55 | CA$13.02 | x |
| 2015-12-31 | CA$7.24 | CA$13.02 | x |
| 2016-12-31 | CA$10.26 | CA$13.02 | x |
| 2017-12-31 | CA$12.04 | CA$13.02 | x |
| 2018-12-31 | CA$8.53 | CA$13.02 | x |
| 2019-12-31 | CA$10.01 | CA$13.02 | x |
| 2020-12-31 | CA$9.74 | CA$13.02 | x |
| 2021-12-31 | CA$12.37 | CA$13.02 | x |
| 2022-12-31 | CA$9.81 | CA$13.02 | x |
| 2023-12-31 | CA$9.10 | CA$13.02 | x |
| 2024-12-31 | CA$10.89 | CA$13.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Brompton Split Banc Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 31.68%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 412.96%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 1.96x
- Recent ROE (31.68%) is above the historical average (4.95%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 7.81% | 96.39% | 0.05x | 1.70x | CA$-1.97 Million |
| 2006 | 3.17% | 67.63% | 0.03x | 1.78x | CA$-8.81 Million |
| 2007 | -24.19% | -165.34% | 0.08x | 1.92x | CA$-30.09 Million |
| 2008 | -185.19% | -753.45% | 0.06x | 3.79x | CA$-51.16 Million |
| 2009 | 88.56% | 897.50% | 0.05x | 2.17x | CA$48.22 Million |
| 2010 | 15.34% | 205.62% | 0.03x | 2.53x | CA$3.63 Million |
| 2011 | 3.73% | 43.06% | 0.04x | 2.04x | CA$-3.75 Million |
| 2012 | 20.51% | 95.30% | 0.11x | 1.95x | CA$8.28 Million |
| 2013 | 30.20% | 99.22% | 0.17x | 1.78x | CA$19.34 Million |
| 2014 | 21.10% | 98.94% | 0.13x | 1.70x | CA$11.63 Million |
| 2015 | -11.86% | 0.00% | -0.06x | 1.88x | CA$-17.10 Million |
| 2016 | 37.88% | 99.40% | 0.23x | 1.65x | CA$29.10 Million |
| 2017 | 20.59% | 97.42% | 0.12x | 1.73x | CA$12.00 Million |
| 2018 | -19.67% | 0.00% | -0.10x | 1.96x | CA$-24.80 Million |
| 2019 | 25.15% | 97.74% | 0.14x | 1.83x | CA$16.22 Million |
| 2020 | 5.60% | 80.81% | 0.04x | 1.96x | CA$-6.33 Million |
| 2021 | 48.48% | 99.12% | 0.27x | 1.78x | CA$79.90 Million |
| 2022 | -27.44% | 0.00% | -0.12x | 2.13x | CA$-61.70 Million |
| 2023 | 7.55% | 83.40% | 0.04x | 2.19x | CA$-4.47 Million |
| 2024 | 31.68% | 412.96% | 0.04x | 1.96x | CA$51.80 Million |
Industry Comparison
This section compares Brompton Split Banc Corp's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $1,401,028,513
- Average return on equity (ROE) among peers: -3.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Brompton Split Banc Corp (SBC) | CA$269.68 Million | 7.81% | 0.88x | $254.59 Million |
| Aberdeen International Inc. (AAB) | $65.45 Million | -46.80% | 0.16x | $3.49 Million |
| Base Carbon Inc. (BCBN) | $43.86 Million | -35.28% | 0.01x | $40.85 Million |
| Canadian Banc Corp (BK) | $126.05 Million | 17.14% | 0.90x | $571.47 Million |
| Brookfield Corporation (BN) | $5.78 Billion | 11.23% | 8.27x | $85.27 Billion |
| Sprott Physical Gold and Silver Trust (CEF) | $3.24 Billion | -22.98% | 0.00x | $8.39 Billion |
| Canadian General Investments Ltd (CGI) | $454.78 Million | 9.92% | 0.33x | $769.62 Million |
| CI Financial Corp (CIX) | $1.75 Billion | 28.78% | 0.98x | $3.32 Billion |
| Culico Metals Inc. (CLCO) | $9.66 Million | -14.52% | 0.10x | $25.70 Million |
| Clairvest Group Inc. (CVG) | $1.18 Billion | 28.01% | 0.15x | $774.48 Million |
| Cymbria Corporation (CYB) | $1.36 Billion | -5.91% | 0.05x | $1.10 Billion |
About Brompton Split Banc Corp
Brompton Split Banc Corp. is a close-ended equity mutual fund launched and managed by Brompton Funds Limited. The fund invests in the public equity markets of Canada. It seeks to invest in stocks of companies primarily engaged in the banking sector. The fund benchmarks the performance of its portfolio against the S&P/TSX Capped Financials Index. Brompton Split Banc Corp. was formed on September 1… Read more