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First Carolina Financial ServicesFCBM +0.97%10 Return-on-Tangible-Asset is 0.39% as of Dec. 2025, which is 46% below its 10-year median of 0.72. GuruFocus rates FCBM with a GF Score™ of 10/100. Among 1,528 Banks companies, First Carolina Financial Services ranks worse than 83.18% on this metric.
The historical rank and industry rank for First Carolina Financial Services's Return-on-Tangible-Asset or its related term are showing as below:
FCBM'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.39 Med: 0.72 Max: 0.73
Current: 0.39
During the past 3 years, First Carolina Financial Services's highest Return-on-Tangible-Asset was 0.73%. The lowest was 0.39%. And the median was 0.72%.
FCBM's Return-on-Tangible-Asset is ranked worse than 83.18% of 1528
companies
in the Banks industry
Industry Median: 1.005
vs FCBM: 0.39
First Carolina Financial Services (NYSE:FCBM) 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 companys 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 companys 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.
First Carolina Financial Services Return-on-Tangible-Asset Related Terms
First Carolina Financial Services Return-on-Tangible-Asset Historical 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.
First Carolina Financial Services Return-on-Tangible-Asset Chart
First Carolina Financial Services Annual Data
Trend
Dec23
Dec24
Dec25
Return-on-Tangible-Asset
0.72
0.73
0.39
First Carolina Financial Services Semi-Annual Data
Dec23
Dec24
Dec25
Return-on-Tangible-Asset
0.72
0.73
0.39
FCBM vs FRST, PKBK, CHMG: Return-on-Tangible-Asset Comparison
For the Banks - Regional subindustry, First Carolina Financial Services'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.
First Carolina Financial Services Return-on-Tangible-Asset vs Banks Industry
For the Banks industry and Financial Services sector, First Carolina Financial Services's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where First Carolina Financial Services's Return-on-Tangible-Asset falls into.
* 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. 2025) net income data.
What does a Return-on-Tangible-Asset of 0.39% mean?
First Carolina Financial Services (FCBM) has a Return-on-Tangible-Asset of 0.39% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on First Carolina Financial Services and its competitors. This is 46% below median its historical median of 0.72. Over the past decade, First Carolina Financial Services' Return-on-Tangible-Asset has ranged from 0.39 to 0.73. According to the industry distribution chart, First Carolina Financial Services ranks #1271 out of 1528 companies in the Banks industry, placing it in the top 83.2%.
Is First Carolina Financial Services' Return-on-Tangible-Asset too high?
First Carolina Financial Services' current Return-on-Tangible-Asset of 0.39% is 46% below median its 10-year median of 0.72. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 0.73. The Banks industry median Return-on-Tangible-Asset is 1.01. First Carolina Financial Services' value of 0.39% is 61.2% below this industry median. Based on the distribution chart, First Carolina Financial Services ranks #1271 out of 1528 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, First Carolina Financial Services has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does First Carolina Financial Services' Return-on-Tangible-Asset compare to FRST and PKBK?
According to the Banks industry distribution chart, First Carolina Financial Services ranks #1271 out of 1528 companies for Return-on-Tangible-Asset. This places First Carolina Financial Services in the lower half of its industry. The industry median Return-on-Tangible-Asset is 1.01. First Carolina Financial Services' value of 0.39% is 61.2% below this benchmark. Historically, First Carolina Financial Services' own Return-on-Tangible-Asset has ranged from 0.39 to 0.73 over the past decade. While the company's 10-year median is 0.72 vs. the industry median of 1.01, First Carolina Financial Services has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Banks company?
The median Return-on-Tangible-Asset among Banks companies is 1.01, based on 1,528 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. First Carolina Financial Services's current Return-on-Tangible-Asset of 0.39% is 61.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on First Carolina Financial Services and its competitors. For the Banks industry, the median Return-on-Tangible-Asset is 1.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Carolina Financial Services's current Return-on-Tangible-Asset is 0.39%, which is 46% below median its own 10-year median of 0.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Carolina Financial Services stock overvalued right now?
First Carolina Financial Services (FCBM) has a current Return-on-Tangible-Asset of 0.39%. The current Return-on-Tangible-Asset is 0.39%, which is 46% below median its 10-year median of 0.72 and 61.2% below the Banks industry median of 1.01. First Carolina Financial Services' overall GF Score™ is 10/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For First Carolina Financial Services (FCBM), the current Return-on-Tangible-Asset is 0.39% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
First Carolina Financial Services Business Description
First Carolina Financial Services Inc is a bank holding company. The company's activities consist of managing and owning the Bank and its direct and indirect subsidiaries. The Bank provides commercial banking, payment, consumer banking, and wealth management services to small and medium-sized businesses, individuals, professionals, as well as institutions of higher education. It has four primary lines of business: Commercial Banking, Payments, Consumer Banking and Wealth Management. The reportable segments are Community Banking and BM Tech. The majority of revenue is derived from the Community Banking segment, which comprises activities of a traditional banking institution, gathering deposits and originating loans for portfolio in its respective primary market areas.
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