Benchmark Bankshares (Benchmark Bankshares) Total Assets : $1,103.44 Mil (As of Sep. 2023)

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What is Benchmark Bankshares Total Assets?

Benchmark Bankshares's Total Assets for the quarter that ended in Sep. 2023 was $1,103.44 Mil.

During the past 12 months, Benchmark Bankshares's average Total Assets Growth Rate was 12.30% per year. During the past 3 years, the average Total Assets Growth Rate was 8.60% per year. During the past 5 years, the average Total Assets Growth Rate was 24.30% per year. During the past 10 years, the average Total Assets Growth Rate was 15.40% per year.

During the past 13 years, Benchmark Bankshares's highest 3-Year average Total Assets Growth Rate was 33.30%. The lowest was 3.60%. And the median was 9.85%.

Total Assets is connected with ROA %. Benchmark Bankshares's annualized ROA % for the quarter that ended in Sep. 2023 was 1.26%. Total Assets is also linked to Revenue through Asset Turnover. Benchmark Bankshares's Asset Turnover for the quarter that ended in Sep. 2023 was 0.01.

Benchmark Bankshares Total Assets Historical Data

The historical data trend for Benchmark Bankshares'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.

* Premium members only.

Benchmark Bankshares Total Assets Chart

Benchmark Bankshares Annual Data

Trend

Dec01

Dec02

Dec03

Dec04

Dec05

Dec06

Dec18

Dec19

Dec20

Dec21

Total Assets

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313.39

643.89

711.90

870.83

1,040.58

Benchmark Bankshares Quarterly Data
	Mar07	Jun07	Sep07	Dec18	Jun19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23	Jun23	Sep23
Total Assets	Get a 7-Day Free Trial															1,060.84	1,129.35	1,129.81	1,122.65	1,103.44

Benchmark Bankshares 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.

Benchmark Bankshares's Total Assets for the fiscal year that ended in Dec. 2021 is calculated as

Total Assets	=	Total Equity (A: Dec. 2021 )	+	Total Liabilities (A: Dec. 2021 )
	=	84.437	+	956.14
	=	1,040.58

Benchmark Bankshares's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2023 )	+	Total Liabilities (Q: Sep. 2023 )
	=	94.036	+	1009.4
	=	1,103.44

Benchmark Bankshares (OTCPK:BMBN) Total Assets Explanation

Total Assets is connected with ROA %.

Benchmark Bankshares's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %	=	Net Income (Q: Sep. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	13.984	/	( (1122.65	+	1103.436)	/ 2 )
	=	13.984	/	1113.043
	=	1.26 %

Note: The Net Income data used here is four times the quarterly (Sep. 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.

Benchmark Bankshares's Asset Turnover for the quarter that ended in Sep. 2023 is

	Asset Turnover
=	Revenue (Q: Sep. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
=	12.019	/	( (1122.65	+	1103.436)	/ 2 )
=	12.019	/	1113.043
=	0.01

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.

Benchmark Bankshares Total Assets Related Terms

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Benchmark Bankshares (Benchmark Bankshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Benchmark Bankshares Inc (OTCPK:BMBN) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

204 S. Broad Street, P.O. Box 569, Kenbridge, VA, USA, 23944

Website

https://www.bcbonline.com

Benchmark Bankshares Inc is a bank holding company for Benchmark Community Bank, which offers a wide range of banking and related financial services to individuals and small to medium ranged businesses through offices located in Virginia. The bank provides personal accounts service, business accounts services, loan products, internet banking services, mobile banking services, debit cards, money management services, mortgage services, credit cards facility and other services.

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