1st Constitution Bancorp's Total Assets for the quarter that ended in Sep. 2021 was $1,910.54 Mil.
Warning Sign:
If a company builds asset at 13.9% a year, faster than its revenue growth rate of 7.2% over the past 5 years, it means that the company may be getting less efficent.
During the past 12 months, 1st Constitution Bancorp's average Total Assets Growth Rate was 15.90% per year.
During the past 3 years, the average Total Assets Growth Rate was 19.80% per year.
During the past 5 years, the average Total Assets Growth Rate was 13.90% per year.
During the past 10 years, the average Total Assets Growth Rate was 9.40% per year.
During the past 13 years, 1st Constitution Bancorp's highest 3-Year average Total Assets Growth Rate was 19.80%. The lowest was -2.90%. And the median was 11.90%.
* 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.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
1st Constitution Bancorp's Total Assets for the fiscal year that ended in Dec. 2020 is calculated as
* 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.
1st Constitution Bancorp (NAS:FCCY) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Sep. 2021) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
1st Constitution Bancorp's Asset Turnover for the quarter that ended in Sep. 2021 is
* 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.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
1st Constitution Bancorp Total Assets Related Terms
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1st Constitution Bancorp (1st Constitution Bancorp) Business Description
1st Constitution Bancorp is a United States-based bank holding company. Through its subsidiaries, it provides commercial and retail banking. It mainly provides its services to individuals, families, institutions, and small businesses in central and coastal New Jersey and the Fort Lee area of Bergen County. Its loan portfolio segment includes residential real estate loans, home equity loans, and other loans to individuals. It operates in a single segment, which is Community Banking.
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