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BEOB (BEO Bancorp OR) Return-on-Tangible-Asset : 1.63% (As of Dec. 2023)


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What is BEO Bancorp OR Return-on-Tangible-Asset?

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. BEO Bancorp OR's annualized Net Income for the quarter that ended in Dec. 2023 was $14.27 Mil. BEO Bancorp OR's average total tangible assets for the quarter that ended in Dec. 2023 was $874.43 Mil. Therefore, BEO Bancorp OR's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2023 was 1.63%.

The historical rank and industry rank for BEO Bancorp OR's Return-on-Tangible-Asset or its related term are showing as below:

BEOB' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.46   Med: 0.94   Max: 1.63
Current: 1.63

During the past 9 years, BEO Bancorp OR's highest Return-on-Tangible-Asset was 1.63%. The lowest was 0.46%. And the median was 0.94%.

BEOB's Return-on-Tangible-Asset is ranked better than
81.04% of 1535 companies
in the Banks industry
Industry Median: 0.87 vs BEOB: 1.63

BEO Bancorp OR Return-on-Tangible-Asset Historical Data

The historical data trend for BEO Bancorp OR's Return-on-Tangible-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.

BEO Bancorp OR Return-on-Tangible-Asset Chart

BEO Bancorp OR Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only 1.27 0.97 0.94 1.02 1.63

BEO Bancorp OR Semi-Annual Data
Dec03 Dec04 Dec05 Dec06 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only 1.27 0.97 0.94 1.02 1.63

Competitive Comparison of BEO Bancorp OR's Return-on-Tangible-Asset

For the Banks - Regional subindustry, BEO Bancorp OR's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-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.


BEO Bancorp OR's Return-on-Tangible-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, BEO Bancorp OR's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where BEO Bancorp OR's Return-on-Tangible-Asset falls into.



BEO Bancorp OR Return-on-Tangible-Asset Calculation

BEO Bancorp OR's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2023 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=14.27/( (889.071+859.794)/ 2 )
=14.27/874.4325
=1.63 %

BEO Bancorp OR's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2023 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Dec. 2022 )(Q: Dec. 2023 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Dec. 2022 )(Q: Dec. 2023 )
=14.27/( (889.071+859.794)/ 2 )
=14.27/874.4325
=1.63 %

* 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 Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is one times the annual (Dec. 2023) net income data.


BEO Bancorp OR  (OTCPK:BEOB) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


BEO Bancorp OR Return-on-Tangible-Asset Related Terms

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BEO Bancorp OR Business Description

Traded in Other Exchanges
N/A
Address
250 NW Gale Street, PO Box 39, Heppner, OR, USA, 97836
BEO Bancorp OR provides commercial and consumer financing, banking and mortgage lending and other services in Northeastern Oregon and Southeastern Washington. The company activities include lending and deposit functions such as commercial, agricultural, real estate, installment, credit card and mortgage loans; checking, money market, time deposit and savings accounts; internet banking and bill payment; automated teller machines and safe deposit facilities.

BEO Bancorp OR Headlines

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