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Origin Bancorp (Origin Bancorp) Return-on-Tangible-Asset : 0.94% (As of Mar. 2024)


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What is Origin Bancorp Return-on-Tangible-Asset?

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Origin Bancorp's annualized Net Income for the quarter that ended in Mar. 2024 was $90.5 Mil. Origin Bancorp's average total tangible assets for the quarter that ended in Mar. 2024 was $9,626.6 Mil. Therefore, Origin Bancorp's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2024 was 0.94%.

The historical rank and industry rank for Origin Bancorp's Return-on-Tangible-Asset or its related term are showing as below:

OBK' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.32   Med: 0.95   Max: 1.41
Current: 0.84

During the past 8 years, Origin Bancorp's highest Return-on-Tangible-Asset was 1.41%. The lowest was 0.32%. And the median was 0.95%.

OBK's Return-on-Tangible-Asset is ranked worse than
53.21% of 1466 companies
in the Banks industry
Industry Median: 0.9 vs OBK: 0.84

Origin Bancorp Return-on-Tangible-Asset Historical Data

The historical data trend for Origin Bancorp's Return-on-Tangible-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.

* Premium members only.

Origin Bancorp Return-on-Tangible-Asset Chart

Origin Bancorp Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Asset
Get a 7-Day Free Trial 1.07 0.57 1.41 1.02 0.88

Origin Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.99 0.86 1.00 0.56 0.94

Competitive Comparison of Origin Bancorp's Return-on-Tangible-Asset

For the Banks - Regional subindustry, Origin Bancorp's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-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.


Origin Bancorp's Return-on-Tangible-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Origin Bancorp's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Origin Bancorp's Return-on-Tangible-Asset falls into.



Origin Bancorp Return-on-Tangible-Asset Calculation

Origin Bancorp's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2023 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=83.8/( (9486.735+9532.816)/ 2 )
=83.8/9509.7755
=0.88 %

Origin Bancorp's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=90.528/( (9532.816+9720.386)/ 2 )
=90.528/9626.601
=0.94 %

* 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.

In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Mar. 2024) net income data.


Origin Bancorp  (NYSE:OBK) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


Origin Bancorp Return-on-Tangible-Asset Related Terms

Thank you for viewing the detailed overview of Origin Bancorp's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Origin Bancorp (Origin Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
500 South Service Road East, Ruston, LA, USA, 71270
Origin Bancorp Inc is a financial holding company. The bank provides a broad range of financial services to businesses, municipalities, high-net-worth individuals, and retail clients. The bank principally operates in one business segment, community banking. The bank is engaged in attracting deposits from individuals and businesses and using these deposits and borrowed funds to originate commercial, residential mortgage, construction, and consumer loans. The bank generates the majority of its revenue from interest earned on loans and investments, service charges, and fees on deposit accounts.
Executives
Jay Dyer director 1511 NORTH TRENTON STREET, RUSTON LA 71270
Preston Moore officer: Chief Credit & Banking Officer 4 SHADY GROVE LANE, HOUSTON TX 77024
Jim Crotwell officer: Chief Risk Officer 500 SOUTH SERVICE ROAD EAST, RUSTON LA 71270
Michael Aubrey Jones director 500 SOUTH SERVICE ROAD EAST, RUSTON LA 71270
Wallace Willliam J Iv officer: Chief Financial Officer 500 SOUTH SERVICE ROAD EAST, RUSTON LA 71270
Derek Mcgee officer: Chief Legal Counsel 500 SOUTH BANCORP, INC., RUSTON LA 71270
Drake Mills director, officer: Chairman, President and CEO 500 SOUTH SERVICE ROAD EAST, RUSTON LA 71270
Gary E. Luffey director 500 SOUTH SERVICE ROAD EAST, RUSTON LA 71270
Steven Lewis Taylor director 500 SOUTH SERVICE ROAD EAST, RUSTON LA 71270
Davison James E. Jr. director 500 SOUTH SERVICE ROAD EAST, RUSTON LA 71270
Lori Sirman director 1511 NORTH TRENTON STREET, RUSTON LA 71270
Daniel Chu director 5100 N. O'CONNOR BLVD., 6TH FLOOR, IRVING TX 75039
Meryl Kennedy Farr director 500 SOUTH SERVICE ROAD EAST, RUSTON LA 71270
Andrea La'verne Edney director 500 SOUTH SERVICE ROAD EAST, RUSTON LA 71270
Fred Ronnie Myrick director, officer: Chief Banking Officer 500 SOUTH SERVICE ROAD EAST, RUSTON LA 71270