Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sound Financial Bancorp's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $100.65 Mil. Sound Financial Bancorp's Total Assets for the quarter that ended in Dec. 2023 was $995.22 Mil.
Therefore, Sound Financial Bancorp's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.10.
The historical rank and industry rank for Sound Financial Bancorp's Equity-to-Asset or its related term are showing as below:
SFBC'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.1 Med: 0.1 Max: 0.11
Current: 0.1
During the past 13 years, the highest Equity to Asset Ratio of Sound Financial Bancorp was 0.11. The lowest was 0.10. And the median was 0.10.
SFBC's Equity-to-Asset is ranked better than 59.4% of 1468
companies
in the Banks industry
Industry Median: 0.09
vs SFBC: 0.10
Sound Financial Bancorp Equity-to-Asset Historical Data
The historical data trend for Sound Financial Bancorp'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.
For the Banks - Regional subindustry, Sound Financial Bancorp'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.
Sound Financial Bancorp Equity-to-Asset Distribution
For the Banks industry and Financial Services sector, Sound Financial Bancorp's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Sound Financial Bancorp's Equity-to-Asset falls into.
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.
Sound Financial Bancorp's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
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%.
Sound Financial Bancorp Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Sound Financial Bancorp's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Sound Financial Bancorp (Sound Financial Bancorp) Business Description
Sound Financial Bancorp Inc operates as the holding company for Sound Community Bank that provides traditional banking and other financial services for individuals and businesses. It attracts retail and commercial deposits from the public and invests those funds, along with borrowed funds, in loans secured by first and second mortgages on one-to-four-family residences including home equity loans and lines of credit, commercial and multifamily real estate, construction and land, consumer and commercial business loans. The bank also offers secured and unsecured consumer loan products, including manufactured home loans, floating home loans, automobile loans, boat loans, and recreational vehicle loans.
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