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Eagle Bancorp (Eagle Bancorp) Asset Turnover : 0.01 (As of Dec. 2023)


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What is Eagle 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. Eagle Bancorp's Revenue for the three months ended in Dec. 2023 was $75.9 Mil. Eagle Bancorp's Total Assets for the quarter that ended in Dec. 2023 was $11,414.4 Mil. Therefore, Eagle Bancorp's Asset Turnover for the quarter that ended in Dec. 2023 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Eagle Bancorp's annualized ROE % for the quarter that ended in Dec. 2023 was 6.50%. It is also linked to ROA % through Du Pont Formula. Eagle Bancorp's annualized ROA % for the quarter that ended in Dec. 2023 was 0.71%.


Eagle Bancorp Asset Turnover Historical Data

The historical data trend for Eagle 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.

Eagle Bancorp Asset Turnover Chart

Eagle 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 0.04 0.04 0.03 0.03 0.03

Eagle 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 Eagle Bancorp's Asset Turnover

For the Banks - Regional subindustry, Eagle 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.


Eagle Bancorp's Asset Turnover Distribution in the Banks Industry

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

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



Eagle Bancorp Asset Turnover Calculation

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

Eagle 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 )
=312.082/( (11150.854+11664.538)/ 2 )
=312.082/11407.696
=0.03

Eagle Bancorp's Asset Turnover for the quarter that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=75.886/( (11164.214+11664.538)/ 2 )
=75.886/11414.376
=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.


Eagle Bancorp  (NAS:EGBN) Asset Turnover Explanation

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

Eagle Bancorp's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=80.9/1245.0835
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(80.9 / 303.544)*(303.544 / 11414.376)*(11414.376/ 1245.0835)
=Net Margin %*Asset Turnover*Equity Multiplier
=26.65 %*0.0266*9.1676
=ROA %*Equity Multiplier
=0.71 %*9.1676
=6.50 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) 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:

Eagle Bancorp's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=80.9/11414.376
=(Net Income / Revenue)*(Revenue / Total Assets)
=(80.9 / 303.544)*(303.544 / 11414.376)
=Net Margin %*Asset Turnover
=26.65 %*0.0266
=0.71 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) 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.


Eagle Bancorp Asset Turnover Related Terms

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


Eagle Bancorp (Eagle Bancorp) Business Description

Traded in Other Exchanges
Address
7830 Old Georgetown Road, Third Floor, Bethesda, MD, USA, 20814
Eagle Bancorp Inc is a bank holding company that operates through its wholly-owned subsidiary, EagleBank which offers a broad range of commercial banking services to business and professional clients, and consumer banking services to individuals. These services include commercial loans for a variety of business purposes such as for working capital, equipment purchases, real estate lines of credit and government contract financing, asset-based lending and accounts receivable financing, construction and commercial real estate loans, business equipment financing, consumer home equity lines of credit, personal lines of credit and term loans, consumer loans, personal credit cards, residential mortgage loans.
Executives
Paul Saltzman officer: EVP/Chief Legal Officer 7830 OLD GEORGETOWN ROAD, BETHESDA MD 20814
Theresa G. Laplaca director 2131 SHERWOOD AVE., CHARLOTTE NC 28207-2119
Eric R Newell officer: EVP, Chief Financial Officer 7701 E. KELLOGG, SUITE 300, WICHITA KS 67207
Ryan Riel officer: Executive Vice President 7830 OLD GEORGETOWN ROAD, BETHESDA MD 20814
A. Leslie Ludwig director 1801 N. HERNDON ST., ARLINGTON VA 22201
Antonio F Marquez officer: EVP/CLO-CRE 6205 MAZWOOD ROAD, ROCKVILLE MD 20852
James A Soltesz director 8608 WHITE POST COURT, POTOMAC MD 20854
Matthew D Brockwell director 104 WESTMANOR COURT, VIENNA VA 22180
Kathy A Raffa director 1899 L ST., NW, SUITE 850, WASHINGTON DC 20036
Benjamin M. Soto director 3240 FESSENDEN STREET NW, WASHINGTON DC 20008
Janice L. Williams officer: EVP/CCO 9712 BEMAN WOODS WAY, POTOMAC MD 20854
Charles Levingston officer: EVP/CFO 7830 OLD GEORGETOWN ROAD, BETHESDA MD 20814
Susan G Riel director, officer: President & CEO 688 RIDGE ROAD, MT. AIRY MD 21771
Ernie Jarvis director 10013 ORMOND ROAD, POTOMAC MD 20854
Steven Freidkin director 7100 GLENBROOK ROAD, BETHESDA MD 20814