Randolph Bancorp (NAS:RNDB) Efficiency Overhead Ratio %

: 95.51% (As of Jun. 2022)

View and export this data going back to 2016. Start your Free Trial

Efficiency Overhead Ratio % for banks is non-interest expenses divided by revenue. It helps show how well banks control their overhead expenses. A lower Efficiency Overhead Ratio suggests that the bank is operating better.

Randolph Bancorp's Efficiency Overhead Ratio % for the quarter that ended in Jun. 2022 was 95.51% , which is lower than 116.72% for the pervious quarter ended in Mar. 2022.

Randolph Bancorp's Efficiency Overhead Ratio % for the annual that ended in Dec. 2021 was 77.31% , which is higher than 62.40% for the pervious year ended in Dec. 2020.

The historical rank and industry rank for Randolph Bancorp's Efficiency Overhead Ratio % or its related term are showing as below:

RNDB's Efficiency Overhead Ratio % is not ranked ^*
in the Banks industry.
Industry Median:
* Ranked among companies with meaningful Efficiency Overhead Ratio % only.

Randolph Bancorp Efficiency Overhead Ratio % Historical Data

The historical data trend for Randolph Bancorp's Efficiency Overhead Ratio % 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.

Randolph Bancorp Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Efficiency Overhead Ratio %

Randolph BancorpQuarterly Data

Trend

Sep17

Dec17

Mar18

Jun18

Sep18

Dec18

Mar19

Jun19

Sep19

Dec19

Mar20

Jun20

Sep20

Dec20

Mar21

Jun21

Sep21

Dec21

Mar22

Jun22

Efficiency Overhead Ratio %

Competitive Comparison

For the Banks - Regional subindustry, Randolph Bancorp's Efficiency Overhead Ratio %, along with its competitors' market caps and Efficiency Overhead Ratio % 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.

Annual Data Quarterly Data

Randolph Bancorp (NAS:RNDB) Efficiency Overhead Ratio % Calculation

Efficiency Overhead Ratio % is calculated as

Efficiency Overhead Ratio %

Non-interest Expenses

Revenue

Randolph Bancorp (NAS:RNDB) Efficiency Overhead Ratio % Explanation

Efficiency Overhead Ratio % is typically used to analyze how well a company uses its assets and liabilities. It typically calculates the turnover of receivables, the repayment of liabilities, etc. In the banking industry, Efficiency Overhead Ratio % specifically refers to non-interest expenses divided by revenue. This ratio shows how well banks control their overhead expenses and allows analysts to assess their performance.

An Efficiency Overhead Ratio lower than 50% is considered to be optimal. If the Efficiency Overhead Ratio decreases, it means the bank’s expenses are decreasing and revenues are increasing, suggesting the bank is operating better.

Randolph Bancorp Efficiency Overhead Ratio % Related Terms

Thank you for viewing the detailed overview of Randolph Bancorp's Efficiency Overhead Ratio % provided by GuruFocus.com. Please click on the following links to see related term pages.

Randolph Bancorp (NAS:RNDB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Randolph Bancorp Inc (NAS:RNDB) » Definitions » Efficiency Overhead Ratio %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Batterymarch Park, Suite 301, Quincy, MA, USA, 02169

Website

https://www.randolphbancorp.com

Randolph Bancorp Inc is a bank holding company of Envision Bank. The company is engaged in providing financial services to individuals, families, and small to mid-size businesses. The business of the company includes accepting deposits from the public and investing those deposits, commercial real estate loans, construction loans, investment securities, and consumer loans. The firm also offers deposit accounts, certificates of deposit, and money market accounts. The company has two reporting segments; Envision Bank, which is the key revenue generating segment; and Envision Mortgage. Envision Mortgage consists primarily of gains on loan origination and sales activities, loan servicing income and interest income on loans held for sale and residential construction loans.

Executives

Martin S. Friedman	10 percent owner	7901 JONES BRANCH DR. SUITE 210, MCLEAN VA 22102
Evelyn Kaupp	director	C/O RANDOLPH BANCORP, INC., 10 CABOT PLACE, STOUGHTON MA 02072
Ronald K Perry	director	320 NORWOOD PARK SOUTH, NORWOOD MA 02062
Pamela C Scott	director	151 BRADLEE AVENUE, SWAMPSCOTT MA 01907
William M Parent	director, officer: President & CEO	C/O GRAIL INVESTMENT CORP., 767 THIRD AVENUE, 21ST FLOOR, NEW YORK NY 10017
Lauren Messmore	officer: EVP & CFO	320 NORWOOD PARK SOUTH, NORWOOD MA 02062
Nancy J. Curry	officer: SVP/Commercial Lending	C/O RANDOLPH BANCORP, INC., 10 CABOT PLACE, STOUGHTON MA 02072
Peter J. Fraser	officer: Senior Vice President	C/O RANDOLPH BANCORP, INC., 10 CABOT PLACE, STOUGHTON MA 02072
O'connor John J. Iii	director	C/O RANDOLPH BANCORP, INC., 10 CABOT PLACE, STOUGHTON MA 02072
James P Mcdonough	director, officer: See Remarks	C/O RANDOLPH BANCORP, INC., 10 CABOT PLACE, STOUGHTON MA 02072
Paul R Donovan	director	CHAIRMAN'S VIEW, 300 GRANITE ST., SUITE 406, BRAINTREE MA 02184
Phillips Richard A. Sr.	director	C/O RANDOLPH BANCORP, INC., 10 CABOT PLACE, STOUGHTON MA 02072
Martie M. Dwyer	officer: See Remarks	C/O RANDOLPH BANCORP, INC., 10 CABOT PLACE, STOUGHTON MA 02072
Michael K Devlin	officer: See Remarks	C/O RANDOLPH BANCORP, INC., 10 CABOT PLACE, STOUGHTON MA 02072
Donna L. Thaxter	officer: See Remarks	C/O RANDOLPH BANCORP, INC., 10 CABOT PLACE, STOUGHTON MA 02072