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LBNW (Liberty Northwest Bancorp) Return-on-Tangible-Asset : 0.01% (As of Jun. 2024)


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What is Liberty Northwest Bancorp 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. Liberty Northwest Bancorp's annualized Net Income for the quarter that ended in Jun. 2024 was $0.03 Mil. Liberty Northwest Bancorp's average total tangible assets for the quarter that ended in Jun. 2024 was $188.81 Mil. Therefore, Liberty Northwest Bancorp's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2024 was 0.01%.

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

LBNW' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.02   Med: 0.13   Max: 0.34
Current: 0.02

During the past 5 years, Liberty Northwest Bancorp's highest Return-on-Tangible-Asset was 0.34%. The lowest was 0.02%. And the median was 0.13%.

LBNW's Return-on-Tangible-Asset is ranked worse than
93.13% of 1586 companies
in the Banks industry
Industry Median: 0.9 vs LBNW: 0.02

Liberty Northwest Bancorp Return-on-Tangible-Asset Historical Data

The historical data trend for Liberty Northwest Bancorp'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.

Liberty Northwest Bancorp Return-on-Tangible-Asset Chart

Liberty Northwest Bancorp Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Asset
0.12 0.34 0.13 0.29 0.02

Liberty Northwest Bancorp Quarterly Data
Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Return-on-Tangible-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 0.04 0.01 - 0.03 0.01

Competitive Comparison of Liberty Northwest Bancorp's Return-on-Tangible-Asset

For the Banks - Regional subindustry, Liberty Northwest Bancorp'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.


Liberty Northwest Bancorp's Return-on-Tangible-Asset Distribution in the Banks Industry

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

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


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Liberty Northwest Bancorp Return-on-Tangible-Asset Calculation

Liberty Northwest Bancorp'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 )
=0.035/( (193.016+184.997)/ 2 )
=0.035/189.0065
=0.02 %

Liberty Northwest Bancorp's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2024 )  (Q: Mar. 2024 )(Q: Jun. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2024 )  (Q: Mar. 2024 )(Q: Jun. 2024 )
=0.028/( (186.84+190.782)/ 2 )
=0.028/188.811
=0.01 %

* 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 (Jun. 2024) net income data.


Liberty Northwest Bancorp  (OTCPK:LBNW) 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.


Liberty Northwest Bancorp Return-on-Tangible-Asset Related Terms

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Liberty Northwest Bancorp Business Description

Traded in Other Exchanges
N/A
Address
20150 7th Avenue NE, Poulsbo, WA, USA, 98370
Liberty Northwest Bancorp Inc. is a bank holding company whose wholly-owned subsidiary is Liberty Bank. The Bank provides a full range of banking services to individual and corporate customers through its main office in Poulsbo, Washington, and a leased space in Bellevue, Washington. Its primary deposit products are checking, savings, and term certificate accounts, and its primary lending products are commercial real estate loans, residential real estate loans, and commercial loans.