Prime Meridian Holding Co (Prime Meridian Holding Co) 3-Year Book Growth Rate : 8.30% (As of Dec. 2023)

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What is Prime Meridian Holding Co 3-Year Book Growth Rate?

Prime Meridian Holding Co's Book Value per Share for the quarter that ended in Dec. 2023 was $24.53.

During the past 12 months, Prime Meridian Holding Co's average Book Value per Share Growth Rate was 15.80% per year. During the past 3 years, the average Book Value per Share Growth Rate was 8.30% per year. During the past 5 years, the average Book Value per Share Growth Rate was 8.20% per year. During the past 10 years, the average Book Value per Share Growth Rate was 9.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 11 years, the highest 3-Year average Book Value per Share Growth Rate of Prime Meridian Holding Co was 17.10% per year. The lowest was 6.60% per year. And the median was 8.70% per year.

Competitive Comparison of Prime Meridian Holding Co's 3-Year Book Growth Rate

For the Banks - Regional subindustry, Prime Meridian Holding Co's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Prime Meridian Holding Co's 3-Year Book Growth Rate Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Prime Meridian Holding Co's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Prime Meridian Holding Co's 3-Year Book Growth Rate falls into.

Prime Meridian Holding Co 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

Prime Meridian Holding Co (OTCPK:PMHG) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.

Prime Meridian Holding Co 3-Year Book Growth Rate Related Terms

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Prime Meridian Holding Co (Prime Meridian Holding Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Prime Meridian Holding Co (OTCPK:PMHG) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

N/A

Address

1471 Timberlane Road, Tallahassee, FL, USA, 32312

Website

https://www.primemeridianbank.com

Prime Meridian Holding Co is a bank holding company. Its services portfolio includes mobile banking, mobile deposit, Apple Pay, Bank-to-Bank transfers, online banking, demand interest-bearing, and non-interest-bearing accounts, and savings accounts, among others. It also offers commercial real estate loans, residential and home equity loans, construction loans, commercial loans, and consumer and other loans. The majority of revenues are derived from interest income and fees on loans, interest, and dividends from investment securities, and service charge income generated from demand accounts, ATM fees, and other services.