Return On Asset ratio Analysis of Towne Bank - Deep Dive


Latest FY ROA
Period Ending - Dec-23

1.02


Poor ROA
Period Ending - Dec-22
1.66

Poor ROA
Growth
-38.49 %
Trailing Twelve Months ROA
Period Ending - Dec-23

0.890


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

0.205


Poor ROA
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
CodePricePrevious PricePrice ChangeSector
TOWN26.0926.43 1.29 % 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
Mild Profitability
FY - Historical Return On Asset of Towne Bank
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
ROA1.021.661.320.9951.161.201.03
Change-38.49 %25.88 %32.30 %-14.34 %-3.08 %16.52 %21.97 %
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FY Chart of Return On Asset of Towne Bank


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