Return On Asset ratio Analysis of Towne Bank - Deep Dive
Latest FY ROA
Period Ending - Dec-23
Poor ROA
1.02
Period Ending - Dec-22
Poor ROA
1.66
Growth
-38.49 %
Trailing Twelve Months ROA
Period Ending - Dec-23
Poor ROA
0.890
Most recent Quarter ROA
Period Ending - Mar-24
Poor ROA
0.205
ROA Analysis of Towne Bank
ROA Ratio of Towne Bank with value of 0.890 means poor return on Assets in trailing twelve months. |
ROA Ratio of Towne Bank with value of 0.205 means poor return on Assets in latest Quarter ending on Mar-24. |
ROA Ratio of TOWN drastically fell by -38.49 % this year. |
ROA Ratio with value of 1.66 was highest in Year Dec-22 in last Five Years. |
ROA Ratio with value of 0.995 was lowest in Year Dec-20 in last Five Years. |
Latest ROA Ratio with value of 1.02 is lower than Average ROA of 1.23 in last five years. |
Other ROA Related Info of TOWN that may interest you.
Towne Bank Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
TOWN | 26.09 | 26.43 | 1.29 % | 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
Mild Profitability |
FY - Historical Return On Asset of Towne Bank
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
ROA | 1.02 | 1.66 | 1.32 | 0.995 | 1.16 | 1.20 | 1.03 |
Change | -38.49 % | 25.88 % | 32.30 % | -14.34 % | -3.08 % | 16.52 % | 21.97 % |
FY Chart of Return On Asset of Towne Bank
Note : All Data Generated at the End of Trading Hours (EOD Data)