Solvay Bank (Solvay Bank) Gross-Profit-to-Asset % : 3.98% (As of Sep. 2010)

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What is Solvay Bank Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Solvay Bank's annualized Gross Profit for the quarter that ended in Sep. 2010 was $23.32 Mil. Solvay Bank's average Total Assets over the quarter that ended in Sep. 2010 was $586.60 Mil. Therefore, Solvay Bank's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2010 was 3.98%.

Solvay Bank Gross-Profit-to-Asset % Historical Data

The historical data trend for Solvay Bank's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Solvay Bank Gross-Profit-to-Asset % Chart

Solvay Bank Annual Data

Trend

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Gross-Profit-to-Asset %

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4.21

4.20

4.13

4.21

4.16

Solvay Bank Quarterly Data
	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Dec08	Mar09	Dec09	Mar10	Jun10	Sep10
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															4.22	-	3.93	3.94	3.98

Competitive Comparison of Solvay Bank's Gross-Profit-to-Asset %

For the Banks - Regional subindustry, Solvay Bank's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Solvay Bank's Gross-Profit-to-Asset % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Solvay Bank's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Solvay Bank's Gross-Profit-to-Asset % falls into.

Solvay Bank Gross-Profit-to-Asset % Calculation

Solvay Bank's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2009 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2009 )	/	( (Total Assets (A: Dec. 2008 )	+	Total Assets (A: Dec. 2009 ))	/ count )
	=	22.107	/	( (510.81	+	551.508)	/ 2 )
	=	22.107	/	531.159
	=	4.16 %

Solvay Bank's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2010 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Sep. 2010 )	/	( (Total Assets (Q: Jun. 2010 )	+	Total Assets (Q: Sep. 2010 ))	/ count )
	=	23.32	/	( (582.142	+	591.058)	/ 2 )
	=	23.32	/	586.6
	=	3.98 %

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Sep. 2010) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Solvay Bank Gross-Profit-to-Asset % Related Terms

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Solvay Bank (Solvay Bank) Business Description

Industry

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Traded in Other Exchanges

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Address

1537 Milton Avenue, Solvay, NY, USA, 13209

Website

https://www.solvaybank.com

Solvay Bank is a United States based community bank. It offers personal and business banking services. The bank provides business loans, deposit accounts, small business administration, commercial real estate, special lending programs, electronic services, merchant services and other banking services. The objectives of the Company's security portfolio are to provide liquidity for future funding needs, a safe and lower-risk investment alternative for idle funds, and a stable source of core earnings.