Victory Bancorp (Victory Bancorp) Total Assets : $450.10 Mil (As of Mar. 2024)

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What is Victory Bancorp Total Assets?

Victory Bancorp's Total Assets for the quarter that ended in Mar. 2024 was $450.10 Mil.

Warning Sign:

If a company builds assets at 11.2% a year, faster than its revenue growth rate of 7.8% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Victory Bancorp's average Total Assets Growth Rate was 16.70% per year. During the past 3 years, the average Total Assets Growth Rate was 9.00% per year. During the past 5 years, the average Total Assets Growth Rate was 11.20% per year.

During the past 10 years, Victory Bancorp's highest 3-Year average Total Assets Growth Rate was 13.10%. The lowest was 9.00%. And the median was 10.90%.

Total Assets is connected with ROA %. Victory Bancorp's annualized ROA % for the quarter that ended in Mar. 2024 was 0.21%. Total Assets is also linked to Revenue through Asset Turnover. Victory Bancorp's Asset Turnover for the quarter that ended in Mar. 2024 was 0.01.

Victory Bancorp Total Assets Historical Data

The historical data trend for Victory 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.

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Victory Bancorp Total Assets Chart

Victory Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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279.29

429.43

443.78

423.85

442.16

Victory Bancorp Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															423.85	420.38	418.84	442.16	450.10

Victory 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.

Victory 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 )
	=	27.948	+	414.215
	=	442.16

Victory Bancorp's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	27.94	+	422.162
	=	450.10

Victory Bancorp (OTCPK:VTYB) Total Assets Explanation

Total Assets is connected with ROA %.

Victory Bancorp's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	0.92	/	( (442.163	+	450.102)	/ 2 )
	=	0.92	/	446.1325
	=	0.21 %

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

Victory Bancorp's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	3.298	/	( (442.163	+	450.102)	/ 2 )
=	3.298	/	446.1325
=	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.

Victory Bancorp Total Assets Related Terms

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Victory Bancorp (Victory Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Victory Bancorp Inc (OTCPK:VTYB) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

548 N. Lewis Road, Suite 205, Limerick, PA, USA, 19468

Website

https://www.victorybank.com

Victory Bancorp Inc operates a full-service commercial and consumer banking business. The Bank's focus is on small- and middle-market commercial and retail customers. The Bank originates secured and unsecured commercial loans, commercial mortgage loans, consumer loans and construction loans and does not make subprime loans. The Bank also offers revolving credit loans, small business loans and automobile loans. The Bank offers a variety of deposit products, including demand and savings deposits, regular savings accounts, investment certificates and fixed-rate certificates of deposit.