Two Rivers Financial Group (Two Rivers Financial Group) Total Assets : $1,189.99 Mil (As of Mar. 2024)

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What is Two Rivers Financial Group Total Assets?

Two Rivers Financial Group's Total Assets for the quarter that ended in Mar. 2024 was $1,189.99 Mil.

During the past 12 months, Two Rivers Financial Group's average Total Assets Growth Rate was 0.50% per year. During the past 3 years, the average Total Assets Growth Rate was 15.40% per year.

During the past 5 years, Two Rivers Financial Group's highest 3-Year average Total Assets Growth Rate was 15.40%. The lowest was 15.40%. And the median was 15.40%.

Total Assets is connected with ROA %. Two Rivers Financial Group's annualized ROA % for the quarter that ended in Mar. 2024 was 0.48%. Total Assets is also linked to Revenue through Asset Turnover. Two Rivers Financial Group's Asset Turnover for the quarter that ended in Mar. 2024 was 0.01.

Two Rivers Financial Group Total Assets Historical Data

The historical data trend for Two Rivers 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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Two Rivers Financial Group Total Assets Chart

Two Rivers Financial Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

862.06

1,010.60

993.53

1,248.88

1,198.27

Two Rivers Financial Group Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial													1,196.90	1,197.88	1,197.99	1,198.27	1,189.99

Two Rivers 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.

Two Rivers 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 )
	=	98.411	+	1099.856
	=	1,198.27

Two Rivers 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 )
	=	99.074	+	1090.92
	=	1,189.99

Two Rivers Financial Group (OTCPK:TRVR) Total Assets Explanation

Total Assets is connected with ROA %.

Two Rivers 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 )
	=	5.78	/	( (1198.267	+	1189.994)	/ 2 )
	=	5.78	/	1194.1305
	=	0.48 %

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.

Two Rivers 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 )
=	10.464	/	( (1198.267	+	1189.994)	/ 2 )
=	10.464	/	1194.1305
=	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.

Two Rivers Financial Group Total Assets Related Terms

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Two Rivers Financial Group (Two Rivers Financial Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Two Rivers Financial Group Inc (OTCPK:TRVR) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

222 North Main Street, P.O. Box 728, Burlington, IA, USA, 52601

Website

https://www.tworivers.bank

Two Rivers Financial Group Inc is a bank holding company. The company offers banking and related services which include Personal Banking, Business Banking, Loans and credit cards and Wealth Management.

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