Nova Bank
Major Rating Factors:
An analysis of stability tests since inception including evaluations of capital adequacy, asset growth, and profitability lead to a Very Weak overall stability index (0.0).
Other Rating Factors:
Fair liquidity 3.8, driven by a liquidity ratio of 71.2 percent and a “hot money” ratio of 39.3 percent. A current level of 0.0 percent of nonperforming loans to core capital combined with 0.0 percent from a year earlier contributes to the Excellent asset quality (9.0).
Asset Mix:
Cash (32%), home mtgs (15%), comm loans (11%), home eq lns (8%), securities (7%), comm re (6%), consumer loans (1%), other (21%)
States with Branches:
AL
Asset Quality
Non-Performing Loans to Capital
Non-Performing Assets to Assets
Non-Performing Loans to Loans
Loan Loss Reserves to Loans
Charge-Offs to Average Loans
5-Year Charge-Offs to Average Loans
5-Year Asset Growth
--
1-Year Asset Growth
Profitability
Operating Profit to Average Assets
Return on Equity
Net Interest Spread
5-Year ROAA (Return on Average Assets)
--
Overhead Efficiency Ratio
Corporate Info
Group Affiliation
Investment Rating
--
Address
532 Madison Street SE
Huntsville, AL 35801
Huntsville, AL 35801
Phone Number
(256) 800-6682
Year Founded
2024
FDIC Number
Website
Largest Affiliates
No affiliate information available.