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BCB Bancorp (BCB Bancorp) Asset Turnover : 0.01 (As of Mar. 2024)


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What is BCB Bancorp Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. BCB Bancorp's Revenue for the three months ended in Mar. 2024 was $25.2 Mil. BCB Bancorp's Total Assets for the quarter that ended in Mar. 2024 was $3,840.8 Mil. Therefore, BCB Bancorp's Asset Turnover for the quarter that ended in Mar. 2024 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. BCB Bancorp's annualized ROE % for the quarter that ended in Mar. 2024 was 7.40%. It is also linked to ROA % through Du Pont Formula. BCB Bancorp's annualized ROA % for the quarter that ended in Mar. 2024 was 0.61%.


BCB Bancorp Asset Turnover Historical Data

The historical data trend for BCB Bancorp's Asset Turnover 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.

BCB Bancorp Asset Turnover Chart

BCB Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.03 0.04 0.04 0.03

BCB Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Asset Turnover 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 0.01 0.01 0.01 0.01 0.01

Competitive Comparison of BCB Bancorp's Asset Turnover

For the Banks - Regional subindustry, BCB Bancorp's Asset Turnover, along with its competitors' market caps and Asset Turnover 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.


BCB Bancorp's Asset Turnover Distribution in the Banks Industry

For the Banks industry and Financial Services sector, BCB Bancorp's Asset Turnover distribution charts can be found below:

* The bar in red indicates where BCB Bancorp's Asset Turnover falls into.



BCB Bancorp Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

BCB Bancorp's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=108.15/( (3546.193+3832.397)/ 2 )
=108.15/3689.295
=0.03

BCB Bancorp's Asset Turnover for the quarter that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=25.248/( (3832.397+3849.195)/ 2 )
=25.248/3840.796
=0.01

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.


BCB Bancorp  (NAS:BCBP) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

BCB Bancorp's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=23.464/317.093
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(23.464 / 100.992)*(100.992 / 3840.796)*(3840.796/ 317.093)
=Net Margin %*Asset Turnover*Equity Multiplier
=23.23 %*0.0263*12.1125
=ROA %*Equity Multiplier
=0.61 %*12.1125
=7.40 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) revenue data.

* 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

BCB Bancorp's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=23.464/3840.796
=(Net Income / Revenue)*(Revenue / Total Assets)
=(23.464 / 100.992)*(100.992 / 3840.796)
=Net Margin %*Asset Turnover
=23.23 %*0.0263
=0.61 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) revenue data.

* 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.


Be Aware

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.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


BCB Bancorp Asset Turnover Related Terms

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


BCB Bancorp (BCB Bancorp) Business Description

Traded in Other Exchanges
Address
104-110 Avenue C, Bayonne, NJ, USA, 07002
BCB Bancorp Inc is a bank holding company. The company offers loans, including commercial and multi-family real estate loans, home equity loans, construction loans, consumer loans, and commercial business loans; FDIC-insured deposit products, such as savings and club accounts, interest and non-interest bearing demand accounts, money market accounts, certificates of deposit and individual retirement accounts, and retail and commercial banking services, including wire transfers, money orders, safe deposit boxes, a night depository, debit cards, online banking, gift cards, fraud detection, and automated teller services.
Executives
James G. Rizzo director 104-110 AVENUE C, BAYONNE NJ 07002
Spencer B. Robbins director 104-110 AVENUE C, BAYONNE NJ 07002
Mark D Hogan director 104-110 AVE C, BAYONE NJ 07002
Ryan Blake officer: Chief Operating Officer 591-595 AVENUE C, BAYONNE NJ 07002
Mark Noto officer: Chief Loan Officer 104-110 AVENUE C, BAYONNE NJ 07002
Thomas Michael Coughlin director, officer: Chief Financial Officer 104 110 AVENUE C, BAYOONE NJ 07002
Vincent Jr Didomenico director 104-110 AVENUE C, BAYONNE NJ 07002
Robert Ballance director 104-110 AVE C, BAYONE NJ 07002
Judith Q Bielan director 104-110 AVE C, BAYONE NJ 07002
James Edward Collins director
Jawad Chaudhry officer: Chief Financial Officer 591-595 AVENUE C, BAYONNE NJ 07002
Joseph Lyga director 104-110 AVE C, BAYONE NJ 07002
David Roque Garcia officer: Chief Lending Officer 104-110 AVENUE C, BAYONNE NJ 07002
Kenneth Emerson officer: SVP/Chief Strategy &Risk Offcr 104-110 AVENUE C, BAYONNE NJ 07002
John Pulomena director 104-110 AVENUE C, BAYONNE NJ 07002