Return On Asset ratio Analysis of Summit Financial Grp Inc. - Deep Dive
Latest FY ROA
Period Ending - Dec-23
Poor ROA
1.16
Period Ending - Dec-22
Poor ROA
1.36
Growth
-14.67 %
Trailing Twelve Months ROA
Period Ending - Dec-23
Poor ROA
1.77
Most recent Quarter ROA
Period Ending - Mar-24
Poor ROA
0.367
ROA Analysis of Summit Financial Grp Inc.
ROA Ratio of Summit Financial Grp Inc. with value of 1.77 means poor return on Assets in trailing twelve months. |
ROA Ratio of Summit Financial Grp Inc. with value of 0.367 means poor return on Assets in latest Quarter ending on Mar-24. |
ROA Ratio of SMMF has fallen by -14.67 % Compared to previous Financial Year. |
ROA Ratio with value of 1.36 was highest in Year Dec-22 in last Five Years. |
ROA Ratio with value of 1.01 was lowest in Year Dec-20 in last Five Years. |
Latest ROA Ratio with value of 1.16 is lower than Average ROA of 1.23 in last five years. |
Other ROA Related Info of SMMF that may interest you.
Summit Financial Grp Inc. Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
SMMF | 25.7 | 26.36 | 2.50 % | Banks-Regional |
Defination of Return On Asset
The return on assets (ROA) is a commonly used profitability ratio that shows how effectively a company uses its assets to generate profit. more ..![Return On Asset Formula Return On Asset Formula](https://my.stockaio.com/help/template/FinDef/ProfitabilityRatios/ROARatio.jpg)
ROA Related Ratios
ReturnOnEquity | AssetTurnoverRatio |
Tsr Profitability Index
Low Profitability Stock |
FY - Historical Return On Asset of Summit Financial Grp Inc.
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
ROA | 1.16 | 1.36 | 1.28 | 1.01 | 1.33 | 1.28 | 0.558 |
Change | -14.67 % | 6.25 % | 26.81 % | -23.94 % | 3.93 % | 128.50 % | -43.24 % |
FY Chart of Return On Asset of Summit Financial Grp Inc.
Note : All Data Generated at the End of Trading Hours (EOD Data)