University Bancorp (University Bancorp) Equity-to-Asset : 0.10 (As of Dec. 2022)

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University Bancorp Equity-to-Asset Definition

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. University Bancorp's Total Stockholders Equity for the quarter that ended in Dec. 2022 was $78.68 Mil. University Bancorp's Total Assets for the quarter that ended in Dec. 2022 was $794.24 Mil. Therefore, University Bancorp's Equity to Asset Ratio for the quarter that ended in Dec. 2022 was 0.10.

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

UNIB' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.08 Med: 0.1 Max: 0.15
Current: 0.1

During the past 13 years, the highest Equity to Asset Ratio of University Bancorp was 0.15. The lowest was 0.08. And the median was 0.10.

UNIB's Equity-to-Asset is ranked better than
59.44% of 1467 companies
in the Banks industry
Industry Median: 0.09 vs UNIB: 0.10

University Bancorp Equity-to-Asset Historical Data

The historical data trend for University 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.

* Premium members only.

University Bancorp Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Equity-to-Asset

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0.12

0.09

0.10

0.15

0.10

University Bancorp Semi-Annual Data
	Dec98	Dec99	Dec00	Dec01	Dec02	Dec03	Dec04	Dec05	Dec06	Dec07	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Equity-to-Asset	Get a 7-Day Free Trial															0.12	0.09	0.10	0.15	0.10

Competitive Comparison

For the Banks - Regional subindustry, University 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.

University Bancorp Equity-to-Asset Distribution

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

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

University Bancorp 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.

University Bancorp's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )	=	Total Stockholders Equity	/	Total Assets
	=	78.684	/	794.235
	=	0.10

University Bancorp's Equity to Asset Ratio for the quarter that ended in Dec. 2022 is calculated as

Equity to Asset (Q: Dec. 2022 )	=	Total Stockholders Equity	/	Total Assets
	=	78.684	/	794.235
	=	0.10

University Bancorp (OTCPK:UNIB) 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%.

University Bancorp Equity-to-Asset Related Terms

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University Bancorp (University Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » University Bancorp Inc (OTCPK:UNIB) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

2015 Washtenaw Avenue, Ann Arbor, MI, USA, 48104

Website

https://www.university-bank.com

University Bancorp Inc is a holding company of University Bank (the Bank). It is a full-service community bank, which offers all customary banking services, including the acceptance of checking, savings and time deposits. The bank also makes commercial, real estate, personal, home improvement, automotive and another installment, credit card, and consumer loans, and provides fee-based services such as foreign currency exchange. The company's customer base is primarily located in the Ann Arbor, Michigan metropolitan statistical area. Its segments include The Bank & Midwest (community banking & servicing), ULG (mortgage banking), and UIF (faith-based lending).

Executives

Nicholas K Fortson	officer: CFO	959 MAIDEN LANE, ANN ARBOR MI 48105
Jove Corp	other: Affiliate of majority owner	3220 COOLIDGE HWY, BERKLEY MI 48072
Joseph Lange Ranzini	director, 10 percent owner	959 MAIDEN LANE, ANN ARBOR MI 48105
Stephen Lange Ranzini	director, 10 percent owner, officer: President & CEO	959 MAIDEN LANE, ANN ARBOR MI 48105
Mildred Lange Ranzini	10 percent owner	43 SWEETWATER, BELLE MEAD NJ 08502