Freedom Bank of Virginia
Freedom Financial Holdings, Inc. operates as the bank holding company for The Freedom Bank of Virginia that provides commercial banking, personal banking, and mortgage banking solutions in Vienna, Fairfax, Chantilly, Reston, and Manassas, Virginia. The company offers personal and business checking accounts, interest-bearing business savings accounts, money market accounts, personal savings accoun… Read more
Freedom Bank of Virginia (FDVA) - Total Assets
Latest total assets as of June 2025: $1.07 Billion USD
Based on the latest financial reports, Freedom Bank of Virginia (FDVA) holds total assets worth $1.07 Billion USD as of June 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Freedom Bank of Virginia - Total Assets Trend (2012–2023)
This chart illustrates how Freedom Bank of Virginia’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Freedom Bank of Virginia - Asset Composition Analysis
Current Asset Composition (December 2023)
Freedom Bank of Virginia's total assets of $1.07 Billion consist of 0.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 2.2% |
| Accounts Receivable | $3.72 Million | 0.3% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2012–2023)
This chart illustrates how Freedom Bank of Virginia's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Freedom Bank of Virginia's current assets represent 0.0% of total assets in 2023, unchanged from 0.0% in 2012.
- Cash Position: Cash and equivalents constituted 2.2% of total assets in 2023, down from 4.6% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2012.
- Asset Diversification: The largest asset category is accounts receivable at 0.3% of total assets.
Freedom Bank of Virginia Competitors by Total Assets
Key competitors of Freedom Bank of Virginia based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Ping An Bank Co Ltd
SHE:000001
|
China | CN¥5.77 Trillion |
|
Bank of Ningbo Co Ltd
SHE:002142
|
China | CN¥3.58 Trillion |
|
Bank of Zhengzhou Co Ltd Class A
SHE:002936
|
China | CN¥743.55 Billion |
|
Qingdao Rural Commercial Bank Corp Class A
SHE:002958
|
China | CN¥509.92 Billion |
|
Bank of Suzhou
SHE:002966
|
China | CN¥776.04 Billion |
|
Jeju Bank
KO:006220
|
Korea | ₩7.72 Trillion |
|
Industrial Bank Of Korea
KO:024110
|
Korea | ₩490.11 Trillion |
|
Hana Financial
KO:086790
|
Korea | ₩659.08 Trillion |
Freedom Bank of Virginia - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Freedom Bank of Virginia generates 0.03x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Freedom Bank of Virginia generates $ 0.21 in net profit.
Freedom Bank of Virginia - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.05 | 0.06 | 0.08 |
| Quick Ratio | 0.05 | 0.06 | 0.07 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-830.51 Million | $ -670.37 Million | $ -409.24 Million |
Freedom Bank of Virginia - Advanced Valuation Insights
This section examines the relationship between Freedom Bank of Virginia's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.99 |
| Latest Market Cap to Assets Ratio | 0.06 |
| Asset Growth Rate (YoY) | 9.5% |
| Total Assets | $1.08 Billion |
| Market Capitalization | $65.19 Million USD |
Valuation Analysis
Below Book Valuation: The market values Freedom Bank of Virginia's assets below their book value (0.06 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Freedom Bank of Virginia's assets grew by 9.5% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Freedom Bank of Virginia (2012–2023)
The table below shows the annual total assets of Freedom Bank of Virginia from 2012 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $1.08 Billion | +9.49% |
| 2022-12-31 | $990.63 Million | +13.00% |
| 2021-12-31 | $876.67 Million | +14.29% |
| 2020-12-31 | $767.04 Million | +53.29% |
| 2019-12-31 | $500.39 Million | +4.51% |
| 2018-12-31 | $478.81 Million | -10.19% |
| 2017-12-31 | $533.12 Million | +7.37% |
| 2016-12-31 | $496.54 Million | +24.00% |
| 2015-12-31 | $400.44 Million | +16.88% |
| 2014-12-31 | $342.61 Million | +24.95% |
| 2013-12-31 | $274.20 Million | +14.90% |
| 2012-12-31 | $238.64 Million | -- |