Bogota Financial (Bogota Financial) Total Assets : $939.32 Mil (As of Dec. 2023)

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What is Bogota Financial Total Assets?

Bogota Financial's Total Assets for the quarter that ended in Dec. 2023 was $939.32 Mil.

During the past 12 months, Bogota Financial's average Total Assets Growth Rate was -0.40% per year. During the past 3 years, the average Total Assets Growth Rate was 9.20% per year. During the past 5 years, the average Total Assets Growth Rate was 7.30% per year.

During the past 7 years, Bogota Financial's highest 3-Year average Total Assets Growth Rate was 10.80%. The lowest was 2.20%. And the median was 6.25%.

Total Assets is connected with ROA %. Bogota Financial's annualized ROA % for the quarter that ended in Dec. 2023 was -0.50%. Total Assets is also linked to Revenue through Asset Turnover. Bogota Financial's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Bogota Financial Total Assets Historical Data

The historical data trend for Bogota Financial's Total Assets 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.

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Bogota Financial Total Assets Chart

Bogota Financial Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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766.61

740.91

837.36

951.10

939.32

Bogota Financial Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															950.29	931.00	927.03	939.32	961.24

Bogota Financial Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Bogota Financial's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	137.173	+	802.151
	=	939.32

Bogota Financial's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	137.173	+	802.151
	=	939.32

Bogota Financial (NAS:BSBK) Total Assets Explanation

Total Assets is connected with ROA %.

Bogota Financial's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-4.712	/	( (927.029	+	939.324)	/ 2 )
	=	-4.712	/	933.1765
	=	-0.50 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Bogota Financial's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	3.22	/	( (927.029	+	939.324)	/ 2 )
=	3.22	/	933.1765
=	0.00

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Bogota Financial Total Assets Related Terms

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Bogota Financial (Bogota Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bogota Financial Corp (NAS:BSBK) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

819 Teaneck Road, Teaneck, New Jersey, NJ, USA, 07666

Website

https://www.bogotasavingsbank.com

Bogota Financial Corp is a New Jersey-based bank. It offers personal and business banking services such as savings, certificates of deposits, online banking, loans, and many more. The Bank generally grants residential, commercial, and consumer loans to, and accepts deposits from, customers in New Jersey.

Executives

John J. Masterson	director	24 COUNTRY CLUB WAY, DEMAREST NJ 07627
Robert C. Walsh	officer: Executive Vice President	819 TEANECK ROAD, TEANECK NJ 07666
Joseph Coccaro	director, officer: President and CEO	819 TEANECK ROAD, TEANECK NJ 07666
William Charles Hanson	director	819 TEANECK ROAD, TEANECK NJ 07666
Kevin Pace	officer: Executive Vice President	819 TEANECK ROAD, TEANECK NJ 07666
Steven M. Goldberg	director, other: Chairman of the Board	819 TEANECK ROAD, TEANECK NJ 07666
John G. Reiner	director	819 TEANECK ROAD, TEANECK NJ 07666
Brian Kohles	officer: SVP of Subsidiary	819 TEANECK ROAD, TEANECK NJ 07666
Brian Mccourt	officer: EVP and CFO	819 TEANECK ROAD, TEANECK NJ 07666
Financial, Mhc Bogota	10 percent owner	819 TEANECK ROAD, TEANECK NJ 07666
Patricia Sturt	officer: SVP of Subsidiary	819 TEANECK ROAD, TEANECK NJ 07666
Kathleen Pless	officer: SVP- Comm Lending of Sub	819 TEANECK ROAD, TEANECK NJ 07666
Bruce H. Dexter	director	819 TEANECK ROAD, TEANECK NJ 07666
Gary Gensheimer	director	819 TEANECK ROAD, TEANECK NJ 07666