Return On Asset ratio Analysis of Third Coast Bancshares Inc - Deep Dive


Latest FY ROA
Period Ending - Dec-23

0.760


Poor ROA
Period Ending - Dec-22
0.566

Poor ROA
Growth
34.31 %
Trailing Twelve Months ROA
Period Ending - Dec-23

0.747


Poor ROA
Most recent Quarter ROA
Period Ending - Mar-24

0.222


Poor ROA
ROA Analysis of Third Coast Bancshares Inc
ROA Ratio of Third Coast Bancshares Inc with value of 0.747 means poor return on Assets in trailing twelve months.
ROA Ratio of Third Coast Bancshares Inc with value of 0.222 means poor return on Assets in latest Quarter ending on Mar-24.
ROA Ratio of TCBX rose handsomely by 34.31 % this year.
ROA Ratio with value of 0.760 was highest in Year Dec-23 in last Five Years.
ROA Ratio with value of 0.257 was lowest in Year Dec-19 in last Five Years.
Latest ROA Ratio with value of 0.760 is Greater than Average ROA of 0.538 in last five years.
Other ROA Related Info of TCBX that may interest you.
Third Coast Bancshares Inc Overview
CodePricePrevious PricePrice ChangeSector
TCBX21.0920.77 1.54 % Banks-Regional
Fundamental AnalysisTechnical Analysis
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
ROA Related Ratios
ReturnOnEquityAssetTurnoverRatio
Tsr Profitability Index
No Significant Profitability
FY - Historical Return On Asset of Third Coast Bancshares Inc
PeriodDec-23Dec-22Dec-21Dec-20Dec-19
ROA0.7600.5660.4570.6490.257
Change34.31 %23.77 %-29.55 %152.94 %
FY Chart of Return On Asset of Third Coast Bancshares Inc


Note : All Data Generated at the End of Trading Hours (EOD Data)