What is Peoples Financial's ROA in the fourth quarter of 2023?
Peoples Financial Corp achieved a return on average assets (ROA) of
1.05 % in its fourth quarter of 2023, this is above PFBX's average return on assets of 0.08%.
Peoples Financial Corp assets over the 12 months ending in its fourth quarter of 2023 are valued at $873 million
ROA decreased relative to the period ending Sep 30 2023, due to the decline in net income.
However, within the
Financial sector 280 other companies had a higher return on assets. While Return on assets, overall ranking has advanced in the Dec 31 2023 quarter, so far to
1574, from total ROA ranking in the third quarter of 2023 at
2001.
What is ROA?