Republic Bank of Arizona
RBAZ Bancorp, Inc. operates as the bank holding company for Republic Bank of Arizona that provides various community banking products and services for individuals, businesses, and professionals in Arizona. The company offers various business and personal checking and savings accounts. It also provides business term, equipment, commercial real estate, and small business administration loans; accou… Read more
Republic Bank of Arizona (RBAZ) - Total Assets
Latest total assets as of June 2024: $283.06 Million USD
Based on the latest financial reports, Republic Bank of Arizona (RBAZ) holds total assets worth $283.06 Million USD as of June 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.
Republic Bank of Arizona - Total Assets Trend (2014–2023)
This chart illustrates how Republic Bank of Arizona’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Republic Bank of Arizona - Asset Composition Analysis
Current Asset Composition (December 2023)
Republic Bank of Arizona's total assets of $283.06 Million consist of 2.8% current assets and 97.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | -1.4% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $25.37K | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2014–2023)
This chart illustrates how Republic Bank of Arizona'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: Republic Bank of Arizona's current assets represent 2.8% of total assets in 2023, an increase from 0.0% in 2014.
- Cash Position: Cash and equivalents constituted -1.4% of total assets in 2023, down from 0.0% 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 0.0% of total assets.
Republic Bank of Arizona Competitors by Total Assets
Key competitors of Republic Bank of Arizona 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 |
Republic Bank of Arizona - 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 - Republic Bank of Arizona generates 0.04x 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, Republic Bank of Arizona generates $ 0.90 in net profit.
Republic Bank of Arizona - 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 | 0.04 | 0.09 | 0.00 |
| Quick Ratio | 0.04 | 0.09 | 0.00 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-201.33 Million | $ -111.95 Million | $ -88.24 Million |
Republic Bank of Arizona - Advanced Valuation Insights
This section examines the relationship between Republic Bank of Arizona'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 | 1.83 |
| Latest Market Cap to Assets Ratio | 0.10 |
| Asset Growth Rate (YoY) | 14.3% |
| Total Assets | $272.04 Million |
| Market Capitalization | $27.24 Million USD |
Valuation Analysis
Below Book Valuation: The market values Republic Bank of Arizona's assets below their book value (0.10 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Republic Bank of Arizona's assets grew by 14.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Republic Bank of Arizona (2014–2023)
The table below shows the annual total assets of Republic Bank of Arizona from 2014 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $272.04 Million | +14.30% |
| 2022-12-31 | $238.01 Million | +2.85% |
| 2021-12-31 | $231.42 Million | +21.60% |
| 2020-12-31 | $190.31 Million | +76.39% |
| 2019-12-31 | $107.89 Million | +3.64% |
| 2018-12-31 | $104.11 Million | -15.31% |
| 2017-12-31 | $122.92 Million | +41.83% |
| 2016-12-31 | $86.67 Million | +1.10% |
| 2015-12-31 | $85.72 Million | -18.79% |
| 2014-12-31 | $105.56 Million | -- |