Ledyard Financial Group (Ledyard Financial Group) Total Assets : $894.36 Mil (As of Mar. 2024)

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What is Ledyard Financial Group Total Assets?

Ledyard Financial Group's Total Assets for the quarter that ended in Mar. 2024 was $894.36 Mil.

During the past 3 years, the average Total Assets Growth Rate was 18.10% per year. During the past 5 years, the average Total Assets Growth Rate was 15.00% per year. During the past 10 years, the average Total Assets Growth Rate was 8.10% per year.

During the past 13 years, Ledyard Financial Group's highest 3-Year average Total Assets Growth Rate was 18.60%. The lowest was 2.70%. And the median was 5.65%.

Total Assets is connected with ROA %. Ledyard Financial Group's annualized ROA % for the quarter that ended in Mar. 2024 was 0.21%. Total Assets is also linked to Revenue through Asset Turnover. Ledyard Financial Group's Asset Turnover for the quarter that ended in Mar. 2024 was 0.01.

Ledyard Financial Group Total Assets Historical Data

The historical data trend for Ledyard Financial Group'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.

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Ledyard Financial Group Total Assets Chart

Ledyard Financial Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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500.39

684.71

771.14

743.47

856.12

Ledyard Financial Group Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															-	749.35	800.25	856.12	894.36

Ledyard Financial Group Total Assets Calculation

Total Assets are all the assets a company owns.

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.

Ledyard Financial Group's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	56.02	+	800.095
	=	856.12

Ledyard Financial Group's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	55.545	+	838.818
	=	894.36

Ledyard Financial Group (OTCPK:LFGP) Total Assets Explanation

Total Assets is connected with ROA %.

Ledyard Financial Group's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	1.852	/	( (856.115	+	894.363)	/ 2 )
	=	1.852	/	875.239
	=	0.21 %

Note: The Net Income data used here is four times the quarterly (Mar. 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.

Ledyard Financial Group's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	7.938	/	( (856.115	+	894.363)	/ 2 )
=	7.938	/	875.239
=	0.01

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.

Ledyard Financial Group Total Assets Related Terms

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Ledyard Financial Group (Ledyard Financial Group) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Ledyard Financial Group Inc (OTCPK:LFGP) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Maple Street, Hanover, NH, USA, 03755

Website

https://www.ledyardbank.com

Ledyard Financial Group Inc is a bank holding company. The company, through its subsidiary, operates in two segments: banking and wealth advisory services. The Banking segment consists of lending to commercial and consumer customers, as well as deposit-gathering activities. The Wealth advisory services include financial planning services, investment management services, personal tax services, trustee services, and estate planning. All of its revenues come from the Banking segment.

Ledyard Financial Group (Ledyard Financial Group) Headlines

From GuruFocus

Ledyard Financial Group Inc at Virtual Investor Conferences Transcript

By GuruFocus Research • 02-14-2024