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Harbor BanksharesHRBK 65 ROA % is 0.35% as of Dec. 2025, which is 51% below its 10-year median of 0.71. GuruFocus rates HRBK with a GF Score™ of 65/100 and a GF Value™ of $17.91 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,527 Banks companies, Harbor Bankshares ranks worse than 84.81% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Harbor Bankshares's annualizedNet Income for the quarter that ended in Dec. 2025 was $1.36 Mil.
Harbor Bankshares's average Total Assets over the quarter that ended in Dec. 2025 was $393.70 Mil. Therefore, Harbor Bankshares's annualized ROA % for the quarter that ended in Dec. 2025 was 0.35%.
The historical rank and industry rank for Harbor Bankshares's ROA % or its related term are showing as below:
HRBK'
s ROA % Range Over the Past 10 Years
Min: -0.67 Med: 0.71 Max: 1.85
Current: 0.35
During the past 13 years, Harbor Bankshares's highest ROA % was 1.85%. The lowest was -0.67%. And the median was 0.71%.
HRBK's ROA % is ranked worse than 84.81% of 1527
companies
in the Banks industry
Industry Median: 1
vs HRBK: 0.35
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.
Harbor Bankshares ROA % Related Terms
Harbor Bankshares ROA % Historical Data
* Premium members only.
The historical data trend for Harbor Bankshares's ROA % 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.
For the Banks - Regional subindustry, Harbor Bankshares'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.
Harbor Bankshares ROA % vs Banks Industry
For the Banks industry and Financial Services sector, Harbor Bankshares's ROA % distribution charts can be found below:
* The bar in red indicates where Harbor Bankshares'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.
Harbor Bankshares (HRBK) has a ROA % of 0.35% 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 Harbor Bankshares and its competitors. This is 51% below median its historical median of 0.71. According to the industry distribution chart, Harbor Bankshares ranks #1295 out of 1527 companies in the Banks industry, placing it in the top 84.8%.
Is Harbor Bankshares' ROA % too high?
Harbor Bankshares' current ROA % of 0.35% is 51% below median its 10-year median of 0.71. The Banks industry median ROA % is 1.00. Harbor Bankshares' value of 0.35% is 65% below this industry median. Based on the distribution chart, Harbor Bankshares ranks #1295 out of 1527 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Harbor Bankshares has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Harbor Bankshares' ROA % compare to OTTW and PCLB?
According to the Banks industry distribution chart, Harbor Bankshares ranks #1295 out of 1527 companies for ROA %. This places Harbor Bankshares in the lower half of its industry. The industry median ROA % is 1.00. Harbor Bankshares' value of 0.35% is 65% below this benchmark. While the company's 10-year median is 0.71 vs. the industry median of 1.00, Harbor Bankshares 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 1,527 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. Harbor Bankshares's current ROA % of 0.35% is 65% 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 Harbor Bankshares 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. Harbor Bankshares's current ROA % is 0.35%, which is 51% below median its own 10-year median of 0.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harbor Bankshares stock overvalued right now?
Based on GuruFocus' analysis, Harbor Bankshares (HRBK) is currently considered Significantly Overvalued. The stock's GF Value™ is $17.91, compared to a current price of $27.80 — trading 55.2% above its estimated fair value. The current ROA % is 0.35%, which is 51% below median its 10-year median of 0.71 and 65% below the Banks industry median of 1.00. Harbor Bankshares' overall GF Score™ is 65/100 with 4 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 Harbor Bankshares (HRBK), the current ROA % is 0.35% 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.
Is Harbor Bankshares (HRBK) Overvalued in 2026?
Based on GuruFocus' analysis, Harbor Bankshares stock appears to be overvalued.
The current stock price of $27.80 is trading 55.2% above its estimated GF Value™ of $17.91.
GuruFocus considers Harbor Bankshares to be Significantly Overvalued.
Key valuation signals for HRBK:
ROA %: 0.35% (51% below median its 10-year median of 0.71)
GF Value™: $17.91 vs. price of $27.80 (55.2% above fair value)
Industry Position: 65% below the Banks median (#1295 of 1527)
No single metric tells the full story. See the HRBK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Harbor Bankshares Corp is a bank holding company. The Bank is a commercial bank. The deposits of the Bank are insured up to statutory limits by the Federal Deposit Insurance Corporation (FDIC). The Bank conducts general banking business in locations and mainly serves the Baltimore, Maryland, metropolitan area. It offers checking, savings and time deposits, commercial real estate, personal, home improvement, automobiles, and other installment and term loans. The Bank is also a member of a national ATM network. The retail nature of the Bank allows for diversification of depositors and borrowers, which limits its dependency upon a single or a few customers. Its activities include providing private capital to businesses through loans and principal investments.
65GF Score
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