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First Carolina Financial ServicesFCBM +0.97%10 ROA % is 0.38% as of Dec. 2025, which is 47% 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 83.7% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. First Carolina Financial Services's annualizedNet Income for the quarter that ended in Dec. 2025 was $12.2 Mil.
First Carolina Financial Services's average Total Assets over the quarter that ended in Dec. 2025 was $3,178.4 Mil. Therefore, First Carolina Financial Services's annualized ROA % for the quarter that ended in Dec. 2025 was 0.38%.
First Carolina Financial Services (NYSE:FCBM) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is one times the annual (Dec. 2025) net income data. The Revenue data used here is one times the annual (Dec. 2025) revenue 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.
Be Aware
Like ROE, ROA % 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. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % 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 ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
First Carolina Financial Services ROA % Related Terms
First Carolina Financial Services ROA % 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 ROA % Chart
First Carolina Financial Services Annual Data
Trend
Dec23
Dec24
Dec25
ROA %
0.72
0.73
0.38
First Carolina Financial Services Semi-Annual Data
Dec23
Dec24
Dec25
ROA %
0.72
0.73
0.38
FCBM vs FRST, PKBK, CHMG: ROA % Comparison
For the Banks - Regional subindustry, First Carolina Financial Services's ROA %, along with its competitors' market caps and ROA % 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 ROA % vs Banks Industry
For the Banks industry and Financial Services sector, First Carolina Financial Services's ROA % distribution charts can be found below:
* The bar in red indicates where First Carolina Financial Services's ROA % 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 ROA %, the net income of the last fiscal year and the average total 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.
ROA % is displayed in the 30-year financial page.
First Carolina Financial Services (FCBM) has a ROA % of 0.38% as of Dec. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on First Carolina Financial Services and its competitors. This is 47% below median its historical median of 0.72. Over the past decade, First Carolina Financial Services' ROA % has ranged from 0.38 to 0.73. According to the industry distribution chart, First Carolina Financial Services ranks #1279 out of 1528 companies in the Banks industry, placing it in the top 83.7%.
Is First Carolina Financial Services' ROA % too high?
First Carolina Financial Services' current ROA % of 0.38% is 47% below median its 10-year median of 0.72. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 0.73. The Banks industry median ROA % is 1.00. First Carolina Financial Services' value of 0.38% is 62% below this industry median. Based on the distribution chart, First Carolina Financial Services ranks #1279 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' ROA % compare to FRST and PKBK?
According to the Banks industry distribution chart, First Carolina Financial Services ranks #1279 out of 1528 companies for ROA %. This places First Carolina Financial Services in the lower half of its industry. The industry median ROA % is 1.00. First Carolina Financial Services' value of 0.38% is 62% below this benchmark. Historically, First Carolina Financial Services' own ROA % has ranged from 0.38 to 0.73 over the past decade. While the company's 10-year median is 0.72 vs. the industry median of 1.00, 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 ROA % for a Banks company?
The median ROA % among Banks companies is 1.00, based on 1,528 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. First Carolina Financial Services's current ROA % of 0.38% is 62% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on First Carolina Financial Services and its competitors. For the Banks industry, the median ROA % is 1.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Carolina Financial Services's current ROA % is 0.38%, which is 47% 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 ROA % of 0.38%. The current ROA % is 0.38%, which is 47% below median its 10-year median of 0.72 and 62% below the Banks industry median of 1.00. 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 ROA % calculated?
ROA % is calculated from a company's financial statements. For First Carolina Financial Services (FCBM), the current ROA % is 0.38% 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 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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