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Bancorp 34 (Bancorp 34) Equity-to-Asset : 0.10 (As of Dec. 2023)


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What is Bancorp 34 Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Bancorp 34's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $60.72 Mil. Bancorp 34's Total Assets for the quarter that ended in Dec. 2023 was $581.27 Mil. Therefore, Bancorp 34's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.10.

The historical rank and industry rank for Bancorp 34's Equity-to-Asset or its related term are showing as below:

BCTF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.08   Med: 0.11   Max: 0.15
Current: 0.1

During the past 13 years, the highest Equity to Asset Ratio of Bancorp 34 was 0.15. The lowest was 0.08. And the median was 0.11.

BCTF's Equity-to-Asset is ranked better than
59.41% of 1466 companies
in the Banks industry
Industry Median: 0.09 vs BCTF: 0.10

Bancorp 34 Equity-to-Asset Historical Data

The historical data trend for Bancorp 34's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Bancorp 34 Equity-to-Asset Chart

Bancorp 34 Annual Data
Trend Jun14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.10 0.08 0.09 0.10

Bancorp 34 Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Dec21 Sep22 Dec22 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.08 - 0.09 0.10 0.10

Competitive Comparison of Bancorp 34's Equity-to-Asset

For the Banks - Regional subindustry, Bancorp 34's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.


Bancorp 34's Equity-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bancorp 34's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Bancorp 34's Equity-to-Asset falls into.



Bancorp 34 Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Bancorp 34's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=60.721/581.265
=0.10

Bancorp 34's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=60.721/581.265
=0.10

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Bancorp 34  (OTCPK:BCTF) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Bancorp 34 Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Bancorp 34's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Bancorp 34 (Bancorp 34) Business Description

Traded in Other Exchanges
N/A
Address
500 East 10th Street, Suite 100, Alamogordo, NM, USA, 88310
Bancorp 34 Inc provides a variety of banking services to individuals and businesses through its branches. Its products and services are demand deposits, certificates of deposits, savings and money market accounts, commercial loans, real estate mortgage loans and credit and merchant cards and e-banking. The bank operates banking centers in Alamogordo, Las Cruces, New Mexico, Scottsdale, Arizona, and Peoria.
Executives
James Crotty officer: Co-President and CEO 500 EAST 10TH STREET, SUITE 100, ALAMOGORDO NM 88310
Elaine E. Ralls director 500 EAST 10TH STREET, ALAMOGORDO NM 88310
Van Winkle Don P. director 500 EAST 10TH STREET, ALAMOGORDO NM 88310
Wortham A. Cook director 500 EAST 10TH STREET, ALAMOGORDO NM 88310
James D. Harris director 500 EAST 10TH STREET, ALAMOGORDO NM 88310
Randal L. Rabon director 500 EAST 10TH STREET, ALAMOGORDO NM 88310
William P. Kauper officer: President/Dir Corp Development 500 EAST 10TH STREET, ALAMOGORDO NM 88310
Jan R Thiry officer: President and CEO 500 EAST 10TH STREET, ALAMOGORDO NM 88310
Jill Gutierrez director, officer: CEO 500 EAST 10TH STREET, ALAMOGORDO NM 88310
William F. Burt director 500 EAST 10TH STREET, ALAMOGORDO NM 88310