Fentura Financial Inc
Fentura Financial, Inc. operates as the bank holding company for The State Bank that provides banking products and services to individuals, small businesses, and government entities in Michigan. The company offers deposit products, such as checking, savings, term certificate, individual retirement, and health savings accounts, as well as certificates of deposit; and lending products that includes… Read more
Fentura Financial Inc (FETM) - Total Assets
Latest total assets as of September 2024: $1.81 Billion USD
Based on the latest financial reports, Fentura Financial Inc (FETM) holds total assets worth $1.81 Billion USD as of September 2024.
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.
Fentura Financial Inc - Total Assets Trend (2014–2023)
This chart illustrates how Fentura Financial Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Fentura Financial Inc - Asset Composition Analysis
Current Asset Composition (December 2023)
Fentura Financial Inc's total assets of $1.81 Billion consist of 0.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 5.2% |
| Accounts Receivable | $4.47 Million | 0.3% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $9.31 Million | 0.5% |
| Goodwill | $8.85 Million | 0.5% |
Asset Composition Trend (2014–2023)
This chart illustrates how Fentura Financial Inc'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: Fentura Financial Inc's current assets represent 0.0% of total assets in 2023, a decrease from 6.3% in 2014.
- Cash Position: Cash and equivalents constituted 5.2% of total assets in 2023, up from 5.0% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2014.
- Asset Diversification: The largest asset category is intangible assets at 0.5% of total assets.
Fentura Financial Inc Competitors by Total Assets
Key competitors of Fentura Financial Inc 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 |
Fentura Financial Inc - 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 - Fentura Financial Inc 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, Fentura Financial Inc generates $ 0.84 in net profit.
Fentura Financial Inc - 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 | 0.08 | 0.04 |
| Quick Ratio | 0.05 | 0.08 | 0.03 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-1.28 Billion | $ -1.14 Billion | $ -660.76 Million |
Fentura Financial Inc - Advanced Valuation Insights
This section examines the relationship between Fentura Financial Inc'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 | 1.31 |
| Latest Market Cap to Assets Ratio | 0.09 |
| Asset Growth Rate (YoY) | 3.0% |
| Total Assets | $1.74 Billion |
| Market Capitalization | $149.71 Million USD |
Valuation Analysis
Below Book Valuation: The market values Fentura Financial Inc's assets below their book value (0.09 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Fentura Financial Inc's assets grew by 3.0% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Fentura Financial Inc (2014–2023)
The table below shows the annual total assets of Fentura Financial Inc from 2014 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $1.74 Billion | +2.97% |
| 2022-12-31 | $1.69 Billion | +19.12% |
| 2021-12-31 | $1.42 Billion | +13.29% |
| 2020-12-31 | $1.25 Billion | +20.94% |
| 2019-12-31 | $1.03 Billion | +11.69% |
| 2018-12-31 | $926.45 Million | +18.56% |
| 2017-12-31 | $781.44 Million | +11.10% |
| 2016-12-31 | $703.35 Million | +57.56% |
| 2015-12-31 | $446.40 Million | +13.42% |
| 2014-12-31 | $393.58 Million | -- |