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US Metro Bancorp (US Metro Bancorp) Scaled Net Operating Assets : 0.11 (As of Mar. 2024)


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What is US Metro Bancorp Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

US Metro Bancorp's operating assets for the quarter that ended in Mar. 2024 was $1,282.98 Mil. US Metro Bancorp's operating liabilities for the quarter that ended in Mar. 2024 was $1,144.46 Mil. US Metro Bancorp's Total Assets for the quarter that ended in Dec. 2023 was $1,226.26 Mil. Therefore, US Metro Bancorp's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.11.

US Metro Bancorp Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

US Metro Bancorp's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(1096.759-1080.312)/1122.179
=0.01

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1226.261 - 129.502
=1096.759

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1130.938 - 50.626 - 0
=1080.312

US Metro Bancorp's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(1282.983-1144.459)/1226.261
=0.11

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1294.96 - 11.977
=1282.983

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1174.521 - 30.062 - 0
=1144.459

* 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.

US Metro Bancorp Scaled Net Operating Assets Related Terms

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US Metro Bancorp (US Metro Bancorp) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » US Metro Bancorp (OTCPK:USMT) » Definitions » Scaled Net Operating Assets
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Traded in Other Exchanges
N/A
Address
9866 Garden Grove Boulevard, Garden Grove, CA, USA, 92844
Website
https://www.usmetrobank.com
US Metro Bancorp operates as a bank holding company. It provides checking, savings, loans, online banking, mobile banking, certificate of deposits, and others. The bank offers services to professionals and small- to medium-sized businesses. It generates revenue in the form of interest income.