River Financial's book value per share for the quarter that ended in Mar. 2024 was $26.38.
During the past 12 months, River Financial's average Book Value Per Share Growth Rate was 19.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 0.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 3.80% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.
During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of River Financial was 13.60% per year. The lowest was -2.90% per year. And the median was 10.90% per year.
River Financial's current price is $29.00. Its book value per share for the quarter that ended in Mar. 2024 was $26.38. Hence, today's PB Ratio of River Financial is 1.10.
During the past 9 years, the highest P/B Ratio of River Financial was 1.82. The lowest was 0.73. And the median was 1.30.
Good Sign:
River Financial Corp stock PB Ratio (=1.1) is close to 2-year low of 1.1
River Financial Book Value per Share Historical Data
The historical data trend for River Financial's Book Value per Share 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.
Competitive Comparison of River Financial's Book Value per Share
For the Banks - Regional subindustry, River Financial's PB Ratio, along with its competitors' market caps and PB Ratio 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 PB Ratio Distribution in the Banks Industry
For the Banks industry and Financial Services sector, River Financial's PB Ratio distribution charts can be found below:
* The bar in red indicates where River Financial's PB Ratio falls into.
River Financial Book Value per Share Calculation
River Financial's Book Value Per Share 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.
Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.
River Financial (OTCPK:RVRF) Book Value per Share Explanation
Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.
For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.
River Financial Book Value per Share Related Terms
Thank you for viewing the detailed overview of River Financial's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
River Financial (River Financial) Business Description
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.
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