First Return On Assets from 2010 to 2024

FRBA Stock  USD 14.62  0.20  1.35%   
First Bank's Return On Assets are increasing over the years with slightly volatile fluctuation. Overall, Return On Assets are expected to go to 0.01 this year. Return On Assets is a profitability ratio that indicates the percentage of profit First Bank earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
0.00578972
Current Value
0.006227
Quarterly Volatility
0.00298559
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check First Bank financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First Bank's main balance sheet or income statement drivers, such as Interest Expense of 73 M, Selling General Administrative of 18.4 M or Total Revenue of 53.5 M, as well as many indicators such as Price To Sales Ratio of 2.51, Dividend Yield of 0.0095 or PTB Ratio of 0.76. First financial statements analysis is a perfect complement when working with First Bank Valuation or Volatility modules.
  
Check out the analysis of First Bank Correlation against competitors.
For information on how to trade First Stock refer to our How to Trade First Stock guide.

Latest First Bank's Return On Assets Growth Pattern

Below is the plot of the Return On Assets of First Bank over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. First Bank's Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in First Bank's overall financial position and show how it may be relating to other accounts over time.
Return On Assets10 Years Trend
Slightly volatile
   Return On Assets   
       Timeline  

First Return On Assets Regression Statistics

Arithmetic Mean0.01
Geometric Mean0.01
Coefficient Of Variation39.15
Mean Deviation0
Median0.01
Standard Deviation0
Sample Variance0.00000891
Range0.0105
R-Value0.33
Mean Square Error0.00000857
R-Squared0.11
Significance0.23
Slope0.0002
Total Sum of Squares0.0001

First Return On Assets History

2024 0.006227
2023 0.00579
2022 0.0133
2021 0.0141
2020 0.008289
2019 0.006684
2018 0.0103

About First Bank Financial Statements

First Bank stakeholders use historical fundamental indicators, such as First Bank's Return On Assets, to determine how well the company is positioned to perform in the future. Although First Bank investors may analyze each financial statement separately, they are all interrelated. For example, changes in First Bank's assets and liabilities are reflected in the revenues and expenses on First Bank's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in First Bank. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Assets 0.01  0.01 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether First Bank offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Bank's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of First Bank Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Bank Stock:
Check out the analysis of First Bank Correlation against competitors.
For information on how to trade First Stock refer to our How to Trade First Stock guide.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Bank. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Bank listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.257
Dividend Share
0.24
Earnings Share
1.61
Revenue Per Share
4.921
Quarterly Revenue Growth
0.4
The market value of First Bank is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Bank's value that differs from its market value or its book value, called intrinsic value, which is First Bank's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Bank's market value can be influenced by many factors that don't directly affect First Bank's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Bank's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.