CIWV (Citizens Financial WV) Total Assets : $666.71 Mil (As of Dec. 2024)

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What is Citizens Financial WV Total Assets?

Citizens Financial WV's Total Assets for the quarter that ended in Dec. 2024 was $666.71 Mil.

Warning Sign:

If a company builds assets at 23.2% a year, faster than its revenue growth rate of 13% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Citizens Financial WV's average Total Assets Growth Rate was 1.20% per year. During the past 3 years, the average Total Assets Growth Rate was 17.80% per year. During the past 5 years, the average Total Assets Growth Rate was 23.20% per year. During the past 10 years, the average Total Assets Growth Rate was 13.00% per year.

During the past 13 years, Citizens Financial WV's highest 3-Year average Total Assets Growth Rate was 30.90%. The lowest was 3.40%. And the median was 9.20%.

Total Assets is connected with ROA %. Citizens Financial WV's annualized ROA % for the quarter that ended in Dec. 2024 was 1.43%. Total Assets is also linked to Revenue through Asset Turnover. Citizens Financial WV's Asset Turnover for the quarter that ended in Dec. 2024 was 0.01.

Citizens Financial WV Total Assets Historical Data

The historical data trend for Citizens Financial WV'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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Citizens Financial WV Total Assets Chart

Citizens Financial WV Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Assets

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321.93

494.59

591.03

651.86

666.71

Citizens Financial WV Quarterly Data
	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec19	Dec20	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Jun24	Sep24	Dec24
Total Assets	Get a 7-Day Free Trial															621.71	651.86	681.53	692.17	666.71

Citizens Financial WV 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.

Citizens Financial WV's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets	=	Total Equity (A: Dec. 2024 )	+	Total Liabilities (A: Dec. 2024 )
	=	51.356	+	615.35
	=	666.71

Citizens Financial WV's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2024 )	+	Total Liabilities (Q: Dec. 2024 )
	=	51.356	+	615.35
	=	666.71

Citizens Financial WV (OTCPK:CIWV) Total Assets Explanation

Total Assets is connected with ROA %.

Citizens Financial WV's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %	=	Net Income (Q: Dec. 2024 )	/	( (Total Assets (Q: Sep. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
	=	9.696	/	( (692.173	+	666.706)	/ 2 )
	=	9.696	/	679.4395
	=	1.43 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) 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.

Citizens Financial WV's Asset Turnover for the quarter that ended in Dec. 2024 is

	Asset Turnover
=	Revenue (Q: Dec. 2024 )	/	( (Total Assets (Q: Sep. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
=	7.24	/	( (692.173	+	666.706)	/ 2 )
=	7.24	/	679.4395
=	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.

Citizens Financial WV Total Assets Related Terms

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Citizens Financial WV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Citizens Financial Corp WV (OTCPK:CIWV) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

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Address

211 Third Street, P.O. Box 1519, Elkins, WV, USA, 26241

Website

https://www.citizenswv.com

Citizens Financial Corp WV is a bank holding company. The company provides retail, secondary market, and commercial loans services, as well as, deposit, trust and brokerage services to customers in Randolph, Tucker, Upshur, Pocahontas and Wetzel Counties of West Virginia and nearby areas. The Bank identifies the portfolio segment as commercial non-real estate, commercial real estate, residential real estate, consumer and tax-exempt customer.