PBNK (Pinnacle Bank) Total Assets : $817.42 Mil (As of Dec. 2023)

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What is Pinnacle Bank Total Assets?

Pinnacle Bank's Total Assets for the quarter that ended in Dec. 2023 was $817.42 Mil.

Warning Sign:

If a company builds assets at 17.3% a year, faster than its revenue growth rate of 11% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Pinnacle Bank's average Total Assets Growth Rate was 7.00% per year. During the past 3 years, the average Total Assets Growth Rate was 10.20% per year. During the past 5 years, the average Total Assets Growth Rate was 17.30% per year. During the past 10 years, the average Total Assets Growth Rate was 15.90% per year.

During the past 11 years, Pinnacle Bank's highest 3-Year average Total Assets Growth Rate was 21.10%. The lowest was 10.20%. And the median was 15.55%.

Total Assets is connected with ROA %. Pinnacle Bank's annualized ROA % for the quarter that ended in Dec. 2023 was 1.49%. Total Assets is also linked to Revenue through Asset Turnover. Pinnacle Bank's Asset Turnover for the quarter that ended in Dec. 2023 was 0.05.

Pinnacle Bank Total Assets Historical Data

The historical data trend for Pinnacle Bank'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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Pinnacle Bank Total Assets Chart

Pinnacle Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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419.41

616.85

738.47

757.89

817.42

Pinnacle Bank Semi-Annual Data
	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Total Assets	Get a 7-Day Free Trial						419.41	616.85	738.47	757.89	817.42

Pinnacle Bank 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.

Pinnacle Bank'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 )
	=	87.926	+	729.494
	=	817.42

Pinnacle Bank'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 )
	=	87.926	+	729.494
	=	817.42

Pinnacle Bank (OTCPK:PBNK) Total Assets Explanation

Total Assets is connected with ROA %.

Pinnacle Bank'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 )
	=	11.771	/	( (757.89	+	817.42)	/ 2 )
	=	11.771	/	787.655
	=	1.49 %

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.

Pinnacle Bank'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 )
=	41.097	/	( (757.89	+	817.42)	/ 2 )
=	41.097	/	787.655
=	0.05

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.

Pinnacle Bank Total Assets Related Terms

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Pinnacle Bank Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Pinnacle Bank (OTCPK:PBNK) » Definitions » Total Assets

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Address

7597 Monterey Street, Gilroy, CA, USA, 95020

Website

https://www.pinnacle.bank

Pinnacle Bank is a bank holding company. It bank offers Business Banking, Asset Based Lending, Personal Banking, and Fraud Protection. It includes Business Financing Options, Deposit Services, Online/Mobile Banking, Personal Loans, Online Safety, ATM/Debit Scams, and others. It offers various types of deposits, including noninterest-bearing demand deposits and interest-bearing deposits. It provides products and services to small to middle-market businesses, professionals, not-for-profit organizations, and individuals.