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Redwood Capital Bancorp (Redwood Capital Bancorp) Total Assets : $521.44 Mil (As of Dec. 2023)


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What is Redwood Capital Bancorp Total Assets?

Redwood Capital Bancorp's Total Assets for the quarter that ended in Dec. 2023 was $521.44 Mil.

During the past 12 months, Redwood Capital Bancorp's average Total Assets Growth Rate was 19.10% per year. During the past 3 years, the average Total Assets Growth Rate was 9.10% per year. During the past 5 years, the average Total Assets Growth Rate was 48.20% per year.

During the past 7 years, Redwood Capital Bancorp's highest 3-Year average Total Assets Growth Rate was 103.20%. The lowest was 9.10%. And the median was 69.75%.

Total Assets is connected with ROA %. Redwood Capital Bancorp's annualized ROA % for the quarter that ended in Dec. 2023 was 1.35%. Total Assets is also linked to Revenue through Asset Turnover. Redwood Capital Bancorp's Asset Turnover for the quarter that ended in Dec. 2023 was 0.04.

Redwood Capital Bancorp Total Assets Historical Data

The historical data trend for Redwood Capital Bancorp'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.

Redwood Capital Bancorp Total Assets Chart

Redwood Capital Bancorp Annual Data
Trend Dec04 Dec05 Dec06 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial 103.24 495.94 596.07 525.15 521.44

Redwood Capital Bancorp Semi-Annual Data
Dec04 Dec05 Dec06 Dec20 Dec21 Dec22 Dec23
Total Assets Get a 7-Day Free Trial 103.24 495.94 596.07 525.15 521.44

Redwood Capital Bancorp 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.

Redwood Capital Bancorp'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 )
=45.709+475.731
=521.44

Redwood Capital Bancorp'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 )
=45.709+475.731
=521.44

* 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.

Redwood Capital Bancorp  (OTCPK:RWCB) Total Assets Explanation

Total Assets is connected with ROA %.

Redwood Capital Bancorp'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 )
=7.044/( (525.152+521.44)/ 2 )
=7.044/523.296
=1.35 %

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.

Redwood Capital Bancorp'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 )
=23.479/( (525.152+521.44)/ 2 )
=23.479/523.296
=0.04

* 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.

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.

Redwood Capital Bancorp Total Assets Related Terms

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Redwood Capital Bancorp (Redwood Capital Bancorp) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Redwood Capital Bancorp (OTCPK:RWCB) » Definitions » Total Assets
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Traded in Other Exchanges
N/A
Address
402 G Street, Eureka, CA, USA, 95501
Website
https://www.redwoodcapitalbank.com
Redwood Capital Bancorp provides various banking products and services. The company offers personal such as savings and certificates, real estate loans, and home equity loans; business services such as commercial lending, and money market accounts; online banking info, fraud prevention and other services.