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First Reliance BancsharesFSRL +0.30%45 ROA % is 1.00% as of Jun. 2026, which is 54% above its 10-year median of 0.65. GuruFocus rates FSRL with a GF Score™ of 45/100 and a GF Value™ of $11.61 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,527 Banks companies, First Reliance Bancshares ranks better than 54.49% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. First Reliance Bancshares's annualizedNet Income for the quarter that ended in Jun. 2026 was $11.23 Mil.
First Reliance Bancshares's average Total Assets over the quarter that ended in Jun. 2026 was $1,122.65 Mil. Therefore, First Reliance Bancshares's annualized ROA % for the quarter that ended in Jun. 2026 was 1.00%.
The historical rank and industry rank for First Reliance Bancshares's ROA % or its related term are showing as below:
FSRL'
s ROA % Range Over the Past 10 Years
Min: -0.16 Med: 0.65 Max: 1.55
Current: 1.07
During the past 13 years, First Reliance Bancshares's highest ROA % was 1.55%. The lowest was -0.16%. And the median was 0.65%.
FSRL's ROA % is ranked better than 54.49% of 1527
companies
in the Banks industry
Industry Median: 1
vs FSRL: 1.07
First Reliance Bancshares (OTCPK:FSRL) 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 four times the quarterly (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 2026) 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.
* 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.
For the Banks - Regional subindustry, First Reliance Bancshares'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 Reliance Bancshares ROA % vs Banks Industry
For the Banks industry and Financial Services sector, First Reliance Bancshares's ROA % distribution charts can be found below:
* The bar in red indicates where First Reliance Bancshares'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 four times the quarterly (Jun. 2026) net income data.
ROA % is displayed in the 30-year financial page.
First Reliance Bancshares (FSRL) has a ROA % of 1.00% as of Jun. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on First Reliance Bancshares and its competitors. This is 54% above median its historical median of 0.65. According to the industry distribution chart, First Reliance Bancshares ranks #695 out of 1527 companies in the Banks industry, placing it in the top 45.5%.
Is First Reliance Bancshares' ROA % too high?
First Reliance Bancshares' current ROA % of 1.00% is 54% above median its 10-year median of 0.65. The Banks industry median ROA % is 1.00. First Reliance Bancshares' value of 1.00% is 0% at this industry median. Based on the distribution chart, First Reliance Bancshares ranks #695 out of 1527 companies in the Banks industry, which is above the industry midpoint. Overall, First Reliance Bancshares has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Reliance Bancshares' ROA % compare to TYFG and BKUT?
According to the Banks industry distribution chart, First Reliance Bancshares ranks #695 out of 1527 companies for ROA %. This puts First Reliance Bancshares in the upper half of its industry. The industry median ROA % is 1.00. First Reliance Bancshares' value of 1.00% is 0% at this benchmark. While the company's 10-year median is 0.65 vs. the industry median of 1.00, First Reliance Bancshares has consistently been at 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 1,527 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 Reliance Bancshares's current ROA % of 1.00% is 0% at 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 Reliance Bancshares 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 Reliance Bancshares's current ROA % is 1.00%, which is 54% above median its own 10-year median of 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Reliance Bancshares stock overvalued right now?
Based on GuruFocus' analysis, First Reliance Bancshares (FSRL) is currently considered Significantly Overvalued. The stock's GF Value™ is $11.61, compared to a current price of $19.80 — trading 70.5% above its estimated fair value. The current ROA % is 1.00%, which is 54% above median its 10-year median of 0.65 and 0% at the Banks industry median of 1.00. First Reliance Bancshares' overall GF Score™ is 45/100 with 5 warning signs to review. 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 Reliance Bancshares (FSRL), the current ROA % is 1.00% as of Jun. 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 First Reliance Bancshares (FSRL) Overvalued in 2026?
Based on GuruFocus' analysis, First Reliance Bancshares stock appears to be overvalued.
The current stock price of $19.80 is trading 70.5% above its estimated GF Value™ of $11.61.
GuruFocus considers First Reliance Bancshares to be Significantly Overvalued.
Key valuation signals for FSRL:
ROA %: 1.00% (54% above median its 10-year median of 0.65)
GF Value™: $11.61 vs. price of $19.80 (70.5% above fair value)
Industry Position: 0% at the Banks median (#695 of 1527)
No single metric tells the full story. See the FSRL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
First Reliance Bancshares Inc operates as a South Carolina-chartered commercial bank providing banking services across domestic markets in South Carolina. Its deposits are insured by the Federal Deposit Insurance Corporation (FDIC). The Company mainly offers loans to individuals and small businesses for a range of personal and commercial purposes, mainly in South Carolina and North Carolina. It also provides a range of services, including personal banking, business banking, treasury services, and online and mobile banking, etc.
45GF Score
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