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LSFG (Lifestore Financial Group) ROE % : 10.02% (As of Jun. 2024)


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What is Lifestore Financial Group ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Lifestore Financial Group's annualized net income for the quarter that ended in Jun. 2024 was $5.01 Mil. Lifestore Financial Group's average Total Stockholders Equity over the quarter that ended in Jun. 2024 was $50.02 Mil. Therefore, Lifestore Financial Group's annualized ROE % for the quarter that ended in Jun. 2024 was 10.02%.

The historical rank and industry rank for Lifestore Financial Group's ROE % or its related term are showing as below:

LSFG' s ROE % Range Over the Past 10 Years
Min: -2.42   Med: 10.62   Max: 16.85
Current: 10.02

During the past 13 years, Lifestore Financial Group's highest ROE % was 16.85%. The lowest was -2.42%. And the median was 10.62%.

LSFG's ROE % is ranked better than
54.46% of 1535 companies
in the Banks industry
Industry Median: 9.39 vs LSFG: 10.02

Lifestore Financial Group ROE % Historical Data

The historical data trend for Lifestore Financial Group's ROE % 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.

Lifestore Financial Group ROE % Chart

Lifestore Financial Group Annual Data
Trend Jun04 Jun05 Jun06 Jun07 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.43 16.85 11.21 12.90 10.02

Lifestore Financial Group Semi-Annual Data
Jun97 Jun98 Jun99 Jun00 Jun01 Jun02 Jun03 Jun04 Jun05 Jun06 Jun07 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
ROE % 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 Premium Member Only 12.43 16.85 11.21 12.90 10.02

Competitive Comparison of Lifestore Financial Group's ROE %

For the Banks - Regional subindustry, Lifestore Financial Group's ROE %, along with its competitors' market caps and ROE % 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.


Lifestore Financial Group's ROE % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Lifestore Financial Group's ROE % distribution charts can be found below:

* The bar in red indicates where Lifestore Financial Group's ROE % falls into.



Lifestore Financial Group ROE % Calculation

Lifestore Financial Group's annualized ROE % for the fiscal year that ended in Jun. 2024 is calculated as

ROE %=Net Income (A: Jun. 2024 )/( (Total Stockholders Equity (A: Jun. 2023 )+Total Stockholders Equity (A: Jun. 2024 ))/ count )
=5.014/( (47.516+52.53)/ 2 )
=5.014/50.023
=10.02 %

Lifestore Financial Group's annualized ROE % for the quarter that ended in Jun. 2024 is calculated as

ROE %=Net Income (Q: Jun. 2024 )/( (Total Stockholders Equity (Q: Jun. 2023 )+Total Stockholders Equity (Q: Jun. 2024 ))/ count )
=5.014/( (47.516+52.53)/ 2 )
=5.014/50.023
=10.02 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is one times the annual (Jun. 2024) net income data. ROE % is displayed in the 30-year financial page.


Lifestore Financial Group  (OTCPK:LSFG) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Jun. 2024 )
=Net Income/Total Stockholders Equity
=5.014/50.023
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(5.014 / 22.389)*(22.389 / 433.583)*(433.583 / 50.023)
=Net Margin %*Asset Turnover*Equity Multiplier
=22.39 %*0.0516*8.6677
=ROA %*Equity Multiplier
=1.16 %*8.6677
=10.02 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Jun. 2024 )
=Net Income/Total Stockholders Equity
=5.014/50.023
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (5.014 / 6.046) * (6.046 / 22.389) * (22.389 / 433.583) * (433.583 / 50.023)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= 0.8293 * 27 % * 0.0516 * 8.6677
=10.02 %

Note: The net income data used here is one times the annual (Jun. 2024) net income data. The Revenue data used here is one times the annual (Jun. 2024) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Lifestore Financial Group ROE % Related Terms

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Lifestore Financial Group Business Description

Traded in Other Exchanges
N/A
Address
21 East Ashe Street, P.O. Box 26, West Jefferson, NC, USA, 28694
Lifestore Financial Group Inc through its subsidiaries, is engaged in providing banking and insurance services. The company offers full-service banking services designed to meet the needs of retail and commercial customers. It also acts as an independent insurance agency offering traditional property and casualty, life, and health insurance products. It operates in two business segments; Banking and Insurance.

Lifestore Financial Group Headlines

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