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River Financial (River Financial) Equity-to-Asset : 0.06 (As of Mar. 2024)


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What is River Financial Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. River Financial's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $202.2 Mil. River Financial's Total Assets for the quarter that ended in Mar. 2024 was $3,368.6 Mil. Therefore, River Financial's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.06.

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

RVRF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.05   Med: 0.1   Max: 0.11
Current: 0.06

During the past 9 years, the highest Equity to Asset Ratio of River Financial was 0.11. The lowest was 0.05. And the median was 0.10.

RVRF's Equity-to-Asset is not ranked
in the Banks industry.
Industry Median: 0.09 vs RVRF: 0.06

River Financial Equity-to-Asset Historical Data

The historical data trend for River Financial'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.

River Financial Equity-to-Asset Chart

River Financial Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.11 0.09 0.08 0.05 0.06

River Financial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 0.05 0.05 0.06 0.06 0.06

Competitive Comparison of River Financial's Equity-to-Asset

For the Banks - Regional subindustry, River Financial'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.


River Financial's Equity-to-Asset Distribution in the Banks Industry

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

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



River Financial 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.

River Financial'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
=202.821/3235.25
=0.06

River Financial'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
=202.21/3368.56
=0.06

* 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.


River Financial  (OTCPK:RVRF) 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%.


River Financial Equity-to-Asset Related Terms

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


River Financial (River Financial) Business Description

Traded in Other Exchanges
N/A
Address
2611 Legends Drive, Prattville, AL, USA, 36066
River Financial Corp is a bank holding company. It provides commercial and consumer banking services to businesses, business owners, and professionals in the United States. It offers services such as loan, deposits, electronic banking and other banking services. It offers demand deposits, savings and time deposits, interest-bearing transaction accounts, money market accounts, negotiable orders of withdrawal accounts, as well as certificates of deposit. Companies principal sources of income are interest and fees collected on loans, interest collected on other investments, fees earned from the origination and sale of residential mortgage loans, and service charges, as well as income from investment brokerage services.

River Financial (River Financial) Headlines

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