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IBERIABANK (IBERIABANK) Asset Turnover : 0.01 (As of Mar. 2020)


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What is IBERIABANK Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. IBERIABANK's Revenue for the three months ended in Mar. 2020 was $291.36 Mil. IBERIABANK's Total Assets for the quarter that ended in Mar. 2020 was $31,976.72 Mil. Therefore, IBERIABANK's Asset Turnover for the quarter that ended in Mar. 2020 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. IBERIABANK's annualized ROE % for the quarter that ended in Mar. 2020 was 3.36%. It is also linked to ROA % through Du Pont Formula. IBERIABANK's annualized ROA % for the quarter that ended in Mar. 2020 was 0.46%.


IBERIABANK Asset Turnover Historical Data

The historical data trend for IBERIABANK's Asset Turnover 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.

IBERIABANK Asset Turnover Chart

IBERIABANK Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.04 0.04 0.04 0.04

IBERIABANK Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
Asset Turnover 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 Premium Member Only Premium Member Only Premium Member Only 0.01 0.01 0.01 0.01 0.01

Competitive Comparison of IBERIABANK's Asset Turnover

For the Banks - Regional subindustry, IBERIABANK's Asset Turnover, along with its competitors' market caps and Asset Turnover 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.


IBERIABANK's Asset Turnover Distribution in the Banks Industry

For the Banks industry and Financial Services sector, IBERIABANK's Asset Turnover distribution charts can be found below:

* The bar in red indicates where IBERIABANK's Asset Turnover falls into.



IBERIABANK Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

IBERIABANK's Asset Turnover for the fiscal year that ended in Dec. 2019 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2019 )/( (Total Assets (A: Dec. 2018 )+Total Assets (A: Dec. 2019 ))/ count )
=1209.558/( (30833.015+31713.45)/ 2 )
=1209.558/31273.2325
=0.04

IBERIABANK's Asset Turnover for the quarter that ended in Mar. 2020 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2020 )/( (Total Assets (Q: Dec. 2019 )+Total Assets (Q: Mar. 2020 ))/ count )
=291.355/( (31713.45+32239.983)/ 2 )
=291.355/31976.7165
=0.01

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.


IBERIABANK  (NAS:IBKCO.PFD) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

IBERIABANK's annulized ROE % for the quarter that ended in Mar. 2020 is

ROE %**(Q: Mar. 2020 )
=Net Income/Total Stockholders Equity
=145.7/4341.9205
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(145.7 / 1165.42)*(1165.42 / 31976.7165)*(31976.7165/ 4341.9205)
=Net Margin %*Asset Turnover*Equity Multiplier
=12.5 %*0.0364*7.3646
=ROA %*Equity Multiplier
=0.46 %*7.3646
=3.36 %

Note: The Net Income data used here is four times the quarterly (Mar. 2020) net income data. The Revenue data used here is four times the quarterly (Mar. 2020) revenue data.

* 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

IBERIABANK's annulized ROA % for the quarter that ended in Mar. 2020 is

ROA %(Q: Mar. 2020 )
=Net Income/Total Assets
=145.7/31976.7165
=(Net Income / Revenue)*(Revenue / Total Assets)
=(145.7 / 1165.42)*(1165.42 / 31976.7165)
=Net Margin %*Asset Turnover
=12.5 %*0.0364
=0.46 %

Note: The Net Income data used here is four times the quarterly (Mar. 2020) net income data. The Revenue data used here is four times the quarterly (Mar. 2020) revenue data.

* 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

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.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


IBERIABANK Asset Turnover Related Terms

Thank you for viewing the detailed overview of IBERIABANK's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


IBERIABANK (IBERIABANK) Business Description

Traded in Other Exchanges
N/A
Address
200 West Congress Street, Lafayette, LA, USA, 70501
Iberiabank is a bank holding company that concentrates on commercial banking in the southeastern United States. In addition, the company provides other comprehensive financial services, including retail banking, private banking, and mortgages. The company's strategy emphasizes growth, organically and through acquisitions. The company also emphasizes efficient operations through expense reduction and revenue enhancement. Iberiabank, the company's bank subsidiary, has hundreds of locations. Most of its income is net interest income. Nearly half of its commercial loan portfolio is in real estate.
Executives
Kemp Sr James Michael director 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Rosa Sugranes director 2975 N.W. 77TH AVE, DORAL FL 33132
Monica R. Sylvain officer: EVP, Chief Diversity Officer 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Nicolas Young officer: EVP, CHIEF CREDIT OFFICER 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Fernando Perez-hickman officer: VICE CHAIRMAN 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Terry Lawson Akins officer: CHIEF RISK OFFICER 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Eli Jones director 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Ricky E Maples director 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Cooper Angus R Ii director 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
J Randolph Bryan officer: EVP, CHIEF RISK OFFICER 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Michael Scott Price officer: Chief Acctg Officer,Controller 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
O Miles Pollard director 200 W CONGRESS ST, LAFAYTTE LA 70502
John N Casbon director 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
William H Fenstermaker director 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Breaux Ernest P Jr director 200 WEST CONGRESS STREET, LAFAYETTE LA 70501

IBERIABANK (IBERIABANK) Headlines

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