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Pinnacle Bankshares (Pinnacle Bankshares) Equity-to-Asset : 0.07 (As of Mar. 2024)


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What is Pinnacle Bankshares Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Pinnacle Bankshares's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $70.56 Mil. Pinnacle Bankshares's Total Assets for the quarter that ended in Mar. 2024 was $1,000.01 Mil. Therefore, Pinnacle Bankshares's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.07.

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

PPBN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.05   Med: 0.08   Max: 0.1
Current: 0.07

During the past 13 years, the highest Equity to Asset Ratio of Pinnacle Bankshares was 0.10. The lowest was 0.05. And the median was 0.08.

PPBN's Equity-to-Asset is ranked worse than
72.89% of 1468 companies
in the Banks industry
Industry Median: 0.09 vs PPBN: 0.07

Pinnacle Bankshares Equity-to-Asset Historical Data

The historical data trend for Pinnacle Bankshares'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.

Pinnacle Bankshares Equity-to-Asset Chart

Pinnacle Bankshares Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.09 0.07 0.06 0.06 0.07

Pinnacle Bankshares Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
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 0.06 0.06 0.06 0.07 0.07

Competitive Comparison of Pinnacle Bankshares's Equity-to-Asset

For the Banks - Regional subindustry, Pinnacle Bankshares'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.


Pinnacle Bankshares's Equity-to-Asset Distribution in the Banks Industry

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

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



Pinnacle Bankshares 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.

Pinnacle Bankshares'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
=68.405/1016.528
=0.07

Pinnacle Bankshares's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=70.558/1000.006
=0.07

* 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.


Pinnacle Bankshares  (OTCPK:PPBN) 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%.


Pinnacle Bankshares Equity-to-Asset Related Terms

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


Pinnacle Bankshares (Pinnacle Bankshares) Business Description

Traded in Other Exchanges
N/A
Address
622 Broad Street, Post Office Box 29, Altavista, VA, USA, 24517
Pinnacle Bankshares Corp is a bank holding company. It offers commercial and retail banking products and services including checking, savings and time deposits, individual retirement accounts, merchant bankcard processing, residential and commercial mortgages, loans, commercial lines of credit and letters of credit. The company also offers investment, insurance, and annuity products.
Executives
Judson H Dalton director C/O PINNACLE BANKSHARES CORPORATION, 622 BROAD STREET, ALTAVISTA VA 24517
C Bryan Stott director C/O PINNACLE BANKSHARES CORPORATION, 622 BROAD STREET, ALTAVISTA VA 24517
Hall Aubrey H Iii officer: Executive Vice President C/O PINNACLE BANKSHARES CORPORATION, 622 BROAD STREET, ALTAVISTA VA 24517
A Patricia Merryman director C/O PINNACLE BANKSHARES CORPORATION, 622 BROAD STREET, ALTAVISTA VA 24517
John L Waller director
Thomas F Hall director PO BOX 1256, AMHERST VA 24521
Bryan M Lemley officer: Chief Financial Officer 325 SMOKETREE LN, LYNCHBURG VA 24502
Carroll Shelton director, officer: Senior Vice President
John P Erb director
A Willard Arthur director
William F Overacre director
Gilliam Robert H Jr director, officer: President and CEO
Michael E Watson director
Burton James E Iv director 1314 LEE JACKSON HWY, LYNCHBURG VA 24503

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