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


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What is Origin 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. Origin Bancorp's Revenue for the three months ended in Mar. 2024 was $88.4 Mil. Origin Bancorp's Total Assets for the quarter that ended in Mar. 2024 was $9,807.5 Mil. Therefore, Origin 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. Origin Bancorp's annualized ROE % for the quarter that ended in Mar. 2024 was 8.45%. It is also linked to ROA % through Du Pont Formula. Origin Bancorp's annualized ROA % for the quarter that ended in Mar. 2024 was 0.92%.


Origin Bancorp Asset Turnover Historical Data

The historical data trend for Origin 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.

Origin Bancorp Asset Turnover Chart

Origin Bancorp Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial 0.04 0.04 0.03 0.04 0.04

Origin 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 Origin Bancorp's Asset Turnover

For the Banks - Regional subindustry, Origin 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.


Origin Bancorp's Asset Turnover Distribution in the Banks Industry

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

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



Origin Bancorp Asset Turnover Calculation

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

Origin 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 )
=347.74/( (9686.067+9722.584)/ 2 )
=347.74/9704.3255
=0.04

Origin 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 )
=88.434/( (9722.584+9892.379)/ 2 )
=88.434/9807.4815
=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.


Origin Bancorp  (NYSE:OBK) Asset Turnover Explanation

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

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

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=90.528/1070.879
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(90.528 / 353.736)*(353.736 / 9807.4815)*(9807.4815/ 1070.879)
=Net Margin %*Asset Turnover*Equity Multiplier
=25.59 %*0.0361*9.1583
=ROA %*Equity Multiplier
=0.92 %*9.1583
=8.45 %

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:

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

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=90.528/9807.4815
=(Net Income / Revenue)*(Revenue / Total Assets)
=(90.528 / 353.736)*(353.736 / 9807.4815)
=Net Margin %*Asset Turnover
=25.59 %*0.0361
=0.92 %

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.


Origin Bancorp Asset Turnover Related Terms

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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