GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Resource Bancorp Inc (OTCPK:FRSB) » Definitions » Gross-Profit-to-Asset %

First Resource Bancorp (First Resource Bancorp) Gross-Profit-to-Asset % : 3.33% (As of Mar. 2024)


View and export this data going back to 2005. Start your Free Trial

What is First Resource Bancorp Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. First Resource Bancorp's annualized Gross Profit for the quarter that ended in Mar. 2024 was $20.24 Mil. First Resource Bancorp's average Total Assets over the quarter that ended in Mar. 2024 was $606.82 Mil. Therefore, First Resource Bancorp's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 3.33%.


First Resource Bancorp Gross-Profit-to-Asset % Historical Data

The historical data trend for First Resource Bancorp's Gross-Profit-to-Asset % 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.

First Resource Bancorp Gross-Profit-to-Asset % Chart

First Resource Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.75 3.61 3.66 3.74 3.48

First Resource Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross-Profit-to-Asset % 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 3.44 3.55 3.56 3.33 3.33

Competitive Comparison of First Resource Bancorp's Gross-Profit-to-Asset %

For the Banks - Regional subindustry, First Resource Bancorp's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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.


First Resource Bancorp's Gross-Profit-to-Asset % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First Resource Bancorp's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where First Resource Bancorp's Gross-Profit-to-Asset % falls into.



First Resource Bancorp Gross-Profit-to-Asset % Calculation

First Resource Bancorp's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=19.467/( (516.725+602.617)/ 2 )
=19.467/559.671
=3.48 %

First Resource Bancorp's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=20.236/( (602.617+611.026)/ 2 )
=20.236/606.8215
=3.33 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


First Resource Bancorp Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of First Resource Bancorp's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.


First Resource Bancorp (First Resource Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
1 E. Uwchlan Avenue, Suite 410, Exton, PA, USA, 19341
First Resource Bancorp Inc is a community bank. It is a full-service bank providing personal and business lending and deposit services. The company serves the southeastern area of Pennsylvania. The bank offers a range of commercial and consumer deposit accounts and regular savings accounts.

First Resource Bancorp (First Resource Bancorp) Headlines