GWBK (Gateway Bank F S B Oakland Calif) Total Assets : $197.67 Mil (As of Dec. 2023)

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What is Gateway Bank F S B Oakland Calif Total Assets?

Gateway Bank F S B Oakland Calif's Total Assets for the quarter that ended in Dec. 2023 was $197.67 Mil.

During the past 12 months, Gateway Bank F S B Oakland Calif's average Total Assets Growth Rate was 14.60% per year. During the past 3 years, the average Total Assets Growth Rate was 3.90% per year.

During the past 5 years, Gateway Bank F S B Oakland Calif's highest 3-Year average Total Assets Growth Rate was 9.70%. The lowest was 3.90%. And the median was 6.80%.

Total Assets is connected with ROA %. Gateway Bank F S B Oakland Calif's annualized ROA % for the quarter that ended in Dec. 2023 was -0.67%. Total Assets is also linked to Revenue through Asset Turnover. Gateway Bank F S B Oakland Calif's Asset Turnover for the quarter that ended in Dec. 2023 was 0.03.

Gateway Bank F S B Oakland Calif Total Assets Historical Data

The historical data trend for Gateway Bank F S B Oakland Calif'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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Gateway Bank F S B Oakland Calif Total Assets Chart

Gateway Bank F S B Oakland Calif Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

128.56

179.46

175.34

181.37

197.67

Gateway Bank F S B Oakland Calif Semi-Annual Data
	Dec19	Dec20	Dec21	Dec22	Dec23
Total Assets	128.56	179.46	175.34	181.37	197.67

Gateway Bank F S B Oakland Calif 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.

Gateway Bank F S B Oakland Calif'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 )
	=	27.971	+	169.694
	=	197.67

Gateway Bank F S B Oakland Calif'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 )
	=	27.971	+	169.694
	=	197.67

Gateway Bank F S B Oakland Calif (OTCPK:GWBK) Total Assets Explanation

Total Assets is connected with ROA %.

Gateway Bank F S B Oakland Calif's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-1.27	/	( (181.368	+	197.665)	/ 2 )
	=	-1.27	/	189.5165
	=	-0.67 %

Note: The Net Income data used here is one times the annual (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.

Gateway Bank F S B Oakland Calif's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	4.794	/	( (181.368	+	197.665)	/ 2 )
=	4.794	/	189.5165
=	0.03

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.

Gateway Bank F S B Oakland Calif Total Assets Related Terms

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Gateway Bank F S B Oakland Calif Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Gateway Bank F S B Oakland Calif (OTCPK:GWBK) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

360 8th Street, Oakland, CA, USA, 94607

Website

https://www.gatewayfsb.com

Gateway Bank F S B Oakland Calif is a United States based company engaged in providing personal and business banking services. The company aims to provide banking services to people and communities who are underserved by mainstream commercial banks and lenders. These services include Checking Accounts, Savings Accounts, Money Market Accounts, Certificate of Deposit Accounts, and Individual Retirement Accounts among others.

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