1st Summit Bancorp JohnstownFSMK +1.15%45 Return-on-Tangible-Asset is 0.60% as of Mar. 2026, which is 13% below its 10-year median of 0.69. GuruFocus rates FSMK with a GF Score™ of 45/100 and a GF Value™ of $39.42 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,530 Banks companies, 1st Summit Bancorp Johnstown ranks worse than 80.39% on this metric.
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.
1st Summit Bancorp Johnstown Return-on-Tangible-Asset Related Terms
1st Summit Bancorp Johnstown 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.
FSMK vs KLIB, UWHR, CIWV: Return-on-Tangible-Asset Comparison
For the Banks - Regional subindustry, 1st Summit Bancorp Johnstown'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.
1st Summit Bancorp Johnstown Return-on-Tangible-Asset vs Banks Industry
For the Banks industry and Financial Services sector, 1st Summit Bancorp Johnstown's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where 1st Summit Bancorp Johnstown'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 four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 0.60% mean?
1st Summit Bancorp Johnstown (FSMK) has a Return-on-Tangible-Asset of 0.60% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on 1st Summit Bancorp Johnstown and its competitors. This is 13% below median its historical median of 0.69. Over the past decade, 1st Summit Bancorp Johnstown's Return-on-Tangible-Asset has ranged from 0.19 to 1.00. According to the industry distribution chart, 1st Summit Bancorp Johnstown ranks #1230 out of 1530 companies in the Banks industry, placing it in the top 80.4%.
Is 1st Summit Bancorp Johnstown's Return-on-Tangible-Asset too high?
1st Summit Bancorp Johnstown's current Return-on-Tangible-Asset of 0.60% is 13% below median its 10-year median of 0.69. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 1.00. The Banks industry median Return-on-Tangible-Asset is 0.99. 1st Summit Bancorp Johnstown's value of 0.60% is 39.4% below this industry median. Based on the distribution chart, 1st Summit Bancorp Johnstown ranks #1230 out of 1530 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, 1st Summit Bancorp Johnstown has a GF Score™ of 45/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does 1st Summit Bancorp Johnstown's Return-on-Tangible-Asset compare to KLIB and UWHR?
According to the Banks industry distribution chart, 1st Summit Bancorp Johnstown ranks #1230 out of 1530 companies for Return-on-Tangible-Asset. This places 1st Summit Bancorp Johnstown in the lower half of its industry. The industry median Return-on-Tangible-Asset is 0.99. 1st Summit Bancorp Johnstown's value of 0.60% is 39.4% below this benchmark. Historically, 1st Summit Bancorp Johnstown's own Return-on-Tangible-Asset has ranged from 0.19 to 1.00 over the past decade. While the company's 10-year median is 0.69 vs. the industry median of 0.99, 1st Summit Bancorp Johnstown 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 0.99, based on 1,530 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. 1st Summit Bancorp Johnstown's current Return-on-Tangible-Asset of 0.60% is 39.4% 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 1st Summit Bancorp Johnstown and its competitors. For the Banks industry, the median Return-on-Tangible-Asset is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. 1st Summit Bancorp Johnstown's current Return-on-Tangible-Asset is 0.60%, which is 13% below median its own 10-year median of 0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 1st Summit Bancorp Johnstown stock overvalued right now?
Based on GuruFocus' analysis, 1st Summit Bancorp Johnstown (FSMK) is currently considered Fairly Valued. The stock's GF Value™ is $39.42, compared to a current price of $39.45 — trading 0.1% above its estimated fair value. The current Return-on-Tangible-Asset is 0.60%, which is 13% below median its 10-year median of 0.69 and 39.4% below the Banks industry median of 0.99. 1st Summit Bancorp Johnstown's overall GF Score™ is 45/100 with 6 warning signs to review. 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 1st Summit Bancorp Johnstown (FSMK), the current Return-on-Tangible-Asset is 0.60% as of Mar. 2026. 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.
Is 1st Summit Bancorp Johnstown (FSMK) Overvalued in 2026?
Based on GuruFocus' analysis, 1st Summit Bancorp Johnstown stock appears to be overvalued.
The current stock price of $39.45 is trading 0.1% above its estimated GF Value™ of $39.42.
GuruFocus considers 1st Summit Bancorp Johnstown to be Fairly Valued.
Key valuation signals for FSMK:
Return-on-Tangible-Asset: 0.60% (13% below median its 10-year median of 0.69)
GF Value™: $39.42 vs. price of $39.45 (0.1% above fair value)
Industry Position: 39.4% below the Banks median (#1230 of 1530)
No single metric tells the full story. See the FSMK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
1st Summit Bancorp Johnstown Inc is the holding company of the Bank. The Bank is a state-chartered bank located in Pennsylvania. The company's principal sources of revenue emanate from its portfolio of residential real estate, commercial mortgage, commercial, and consumer loans, its investment portfolio, as well as trust and a variety of deposit services to its customers through Bank offices and a Bank Loan Production Office. The Bank has the following portfolio segments: Commercial and industrial loans, commercial real estate-nonowner occupied, commercial real estate-all other, construction, residential real estate, and consumer loans.
45GF Score
Get the complete analysis for FSMK
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FSMK has been successfully added to your 
