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MNB Holdings (MNB Holdings) ROA % : 0.34% (As of Dec. 2023)


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What is MNB Holdings ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. MNB Holdings's annualized Net Income for the quarter that ended in Dec. 2023 was $0.66 Mil. MNB Holdings's average Total Assets over the quarter that ended in Dec. 2023 was $194.31 Mil. Therefore, MNB Holdings's annualized ROA % for the quarter that ended in Dec. 2023 was 0.34%.

The historical rank and industry rank for MNB Holdings's ROA % or its related term are showing as below:

MNBO' s ROA % Range Over the Past 10 Years
Min: -0.49   Med: 0.69   Max: 0.97
Current: 0.34

During the past 13 years, MNB Holdings's highest ROA % was 0.97%. The lowest was -0.49%. And the median was 0.69%.

MNBO's ROA % is ranked worse than
80.67% of 1459 companies
in the Banks industry
Industry Median: 0.9 vs MNBO: 0.34

MNB Holdings ROA % Historical Data

The historical data trend for MNB Holdings'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.

* Premium members only.

MNB Holdings ROA % Chart

MNB Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.94 -0.49 -0.09 -0.39 0.34

MNB Holdings Semi-Annual Data
Dec04 Dec05 Dec06 Dec07 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROA % 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 0.94 -0.49 -0.09 -0.39 0.34

Competitive Comparison of MNB Holdings's ROA %

For the Banks - Regional subindustry, MNB Holdings'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.


MNB Holdings's ROA % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, MNB Holdings's ROA % distribution charts can be found below:

* The bar in red indicates where MNB Holdings's ROA % falls into.



MNB Holdings ROA % Calculation

MNB Holdings's annualized ROA % for the fiscal year that ended in Dec. 2023 is calculated as:

ROA %=Net Income (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=0.662/( (186.705+201.907)/ 2 )
=0.662/194.306
=0.34 %

MNB Holdings's annualized ROA % for the quarter that ended in Dec. 2023 is calculated as:

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Dec. 2023 ))/ count )
=0.662/( (186.705+201.907)/ 2 )
=0.662/194.306
=0.34 %

* 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. 2023) net income data. ROA % is displayed in the 30-year financial page.


MNB Holdings  (OTCPK:MNBO) 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 bank’s 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:

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=0.662/194.306
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0.662 / 9.236)*(9.236 / 194.306)
=Net Margin %*Asset Turnover
=7.17 %*0.0475
=0.34 %

Note: The Net Income data used here is one times the annual (Dec. 2023) net income data. The Revenue data used here is one times the annual (Dec. 2023) 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.


MNB Holdings ROA % Related Terms

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MNB Holdings (MNB Holdings) Business Description

Traded in Other Exchanges
N/A
Address
3060 16th Street, San Francisco, CA, USA, 94103
MNB Holdings Corp is a commercial bank. It provides business checking, business lending, and personal banking services. In business banking, it offers business money market, business savings, business checking analyzed and Attorney Trust Account. The company provides service to underserved groups, such as commercial banking services to minority small businesses, and niche retail segments and geographic operating areas.
Executives
Maritza Aberouette director 3060 16TH STREET, C/O MNB HOLDINGS CORP, SAN FRANCISCO CA 94103

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