Carver Bancorp's Total Assets for the quarter that ended in Sep. 2024 was $748.76 Mil.
Warning Sign:
If a company builds assets at 8.5% a year, faster than its revenue growth rate of 2.6% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Carver Bancorp's average Total Assets Growth Rate was 0.50% per year.
During the past 3 years, the average Total Assets Growth Rate was 8.10% per year.
During the past 5 years, the average Total Assets Growth Rate was 8.50% per year.
During the past 10 years, the average Total Assets Growth Rate was 2.30% per year.
During the past 13 years, Carver Bancorp's highest 3-Year average Total Assets Growth Rate was 14.10%. The lowest was -18.40%. And the median was 4.10%.
The historical data trend for Carver Bancorp's Total Assets 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.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
Carver Bancorp's Total Assets for the fiscal year that ended in Mar. 2024 is calculated as
* 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.
Carver Bancorp (NAS:CARV) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Sep. 2024) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
Carver Bancorp's Asset Turnover for the quarter that ended in Sep. 2024 is
* 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.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
Carver Bancorp Total Assets Related Terms
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Carver Bancorp Inc is a holding company and conducts its business as a unitary saving and loan holding firm and the business of the company consists of the operation of its subsidiary. The bank offers a wide range of financial solutions to meet customers' banking. It offers other consumer and commercial banking products and services, such as debit cards, online banking, online bill pay, and telephone banking. The company provides deposit products, such as demand, savings, and time deposits for consumers, businesses, and governmental and quasi-governmental agencies in its market area within New York City.
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