University Bancorp (University Bancorp) Gross-Profit-to-Asset % : 13.35% (As of Dec. 2022)

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What is University 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. University Bancorp's annualized Gross Profit for the quarter that ended in Dec. 2022 was $86.42 Mil. University Bancorp's average Total Assets over the quarter that ended in Dec. 2022 was $647.31 Mil. Therefore, University Bancorp's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2022 was 13.35%.

University Bancorp Gross-Profit-to-Asset % Historical Data

The historical data trend for University 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.

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University Bancorp Gross-Profit-to-Asset % Chart

University Bancorp Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Gross-Profit-to-Asset %

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21.45

21.54

28.77

24.16

13.35

University Bancorp Semi-Annual Data
	Dec98	Dec99	Dec00	Dec01	Dec02	Dec03	Dec04	Dec05	Dec06	Dec07	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															21.45	21.54	28.77	24.16	13.35

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

For the Banks - Regional subindustry, University 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.

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

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

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

University Bancorp Gross-Profit-to-Asset % Calculation

University Bancorp's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2022 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2022 )	/	( (Total Assets (A: Dec. 2021 )	+	Total Assets (A: Dec. 2022 ))	/ count )
	=	86.423	/	( (500.384	+	794.235)	/ 2 )
	=	86.423	/	647.3095
	=	13.35 %

University Bancorp's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2022 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Dec. 2022 )	/	( (Total Assets (Q: Dec. 2021 )	+	Total Assets (Q: Dec. 2022 ))	/ count )
	=	86.423	/	( (500.384	+	794.235)	/ 2 )
	=	86.423	/	647.3095
	=	13.35 %

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 one times the annual (Dec. 2022) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

University Bancorp Gross-Profit-to-Asset % Related Terms

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University Bancorp (University Bancorp) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

2015 Washtenaw Avenue, Ann Arbor, MI, USA, 48104

Website

https://www.university-bank.com

University Bancorp Inc is a holding company of University Bank (the Bank). It is a full-service community bank, which offers all customary banking services, including the acceptance of checking, savings and time deposits. The bank also makes commercial, real estate, personal, home improvement, automotive and another installment, credit card, and consumer loans, and provides fee-based services such as foreign currency exchange. The company's customer base is primarily located in the Ann Arbor, Michigan metropolitan statistical area. Its segments include The Bank & Midwest (community banking & servicing), ULG (mortgage banking), and UIF (faith-based lending).

Executives

Nicholas K Fortson	officer: CFO	959 MAIDEN LANE, ANN ARBOR MI 48105
Jove Corp	other: Affiliate of majority owner	3220 COOLIDGE HWY, BERKLEY MI 48072
Joseph Lange Ranzini	director, 10 percent owner	959 MAIDEN LANE, ANN ARBOR MI 48105
Stephen Lange Ranzini	director, 10 percent owner, officer: President & CEO	959 MAIDEN LANE, ANN ARBOR MI 48105
Mildred Lange Ranzini	10 percent owner	43 SWEETWATER, BELLE MEAD NJ 08502