PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Cabot Boston

Boston, MA · Charter 67891

NCUA · 1 branch

Q4 2024

$4.9MAssets
$2.7MLoans
$3.9MShares
$869KNet Worth

Executive Summary

  • Earnings: ROA of -3.48%, down 269 bps year over year; NIM at 4.54%.
  • Asset quality: problem loans at 0.16% of loans (-47 bps YoY).
  • Capital: net worth / assets of 17.90%, up 68 bps from a year ago.
  • Funding: loans stand at 68.28% of shares as of Q4 2024.

Return on Assets (quarter, annualized)

-3.48%-269 bps YoY

Net Interest Margin (quarter, annualized)

4.54%+73 bps YoY

Efficiency Ratio (quarter, annualized)

169.08%+4,878 bps YoY

Net Worth / Assets

17.90%+68 bps YoY

Discrete quarter, annualized.

MetricQ1 2023Q2 2023Q3 2023Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024YoY ΔTrend
Earnings
Return on Assets-0.12%0.01%0.02%-0.79%-1.97%-1.47%-1.37%-3.48%-269 bps
Return on Equity-0.75%0.05%0.12%-4.57%-11.56%-8.34%-7.40%-19.43%-1,486 bps
Net Interest Margin3.28%3.66%3.60%3.81%3.70%3.97%4.24%4.54%+73 bps
Efficiency Ratio103.43%99.76%99.46%120.30%125.81%123.63%123.40%169.08%+4,878 bps
Growth
Asset Growth (YoY)-6.05%-11.44%-11.17%-12.02%-13.26%-12.20%-16.11%-19.47%-745 bps
Loan Growth (YoY)34.49%7.58%-2.09%-7.61%-5.19%-10.39%-19.96%-23.15%-1,554 bps
Share Growth (YoY)-6.58%-13.20%-13.03%-14.33%-14.68%-13.30%-17.83%-19.79%-546 bps
Asset Quality
Delinquent Loans / Loans0.00%0.00%0.00%0.63%0.00%0.10%0.23%0.16%-47 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans1.12%1.12%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Capital
Risk-Based Capital15.90%16.90%17.19%17.22%17.07%17.67%18.55%17.90%+68 bps
Net Worth / Assets15.90%16.90%17.19%17.22%17.07%17.67%18.55%17.90%+68 bps
Liquidity & Funding
Loans / Shares64.31%68.90%70.49%71.26%71.46%71.20%68.66%68.28%-298 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps