Victory Bancorp (Victory Bancorp) Debt-to-Equity : 1.38 (As of Mar. 2024)

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What is Victory Bancorp Debt-to-Equity?

Victory Bancorp's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Victory Bancorp's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $38.56 Mil. Victory Bancorp's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $27.94 Mil. Victory Bancorp's debt to equity for the quarter that ended in Mar. 2024 was 1.38.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

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

VTYB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.42 Med: 0.94 Max: 4.2
Current: 1.38

During the past 10 years, the highest Debt-to-Equity Ratio of Victory Bancorp was 4.20. The lowest was 0.42. And the median was 0.94.

VTYB's Debt-to-Equity is ranked worse than
74.5% of 1396 companies
in the Banks industry
Industry Median: 0.65 vs VTYB: 1.38

Victory Bancorp Debt-to-Equity Historical Data

The historical data trend for Victory Bancorp's Debt-to-Equity 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.

Victory Bancorp Debt-to-Equity Chart

Victory Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.55

1.28

0.92

0.63

1.75

Victory Bancorp Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.63	0.78	1.23	1.75	1.38

Competitive Comparison of Victory Bancorp's Debt-to-Equity

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

Victory Bancorp's Debt-to-Equity Distribution in the Banks Industry

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

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

Victory Bancorp Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	49.03)	/	27.948
	=	1.75

Victory Bancorp's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	38.561)	/	27.94
	=	1.38

Victory Bancorp (OTCPK:VTYB) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Victory Bancorp Debt-to-Equity Related Terms

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Victory Bancorp (Victory Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Victory Bancorp Inc (OTCPK:VTYB) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

548 N. Lewis Road, Suite 205, Limerick, PA, USA, 19468

Website

https://www.victorybank.com

Victory Bancorp Inc operates a full-service commercial and consumer banking business. The Bank's focus is on small- and middle-market commercial and retail customers. The Bank originates secured and unsecured commercial loans, commercial mortgage loans, consumer loans and construction loans and does not make subprime loans. The Bank also offers revolving credit loans, small business loans and automobile loans. The Bank offers a variety of deposit products, including demand and savings deposits, regular savings accounts, investment certificates and fixed-rate certificates of deposit.