CSIMarket
 


First Trinity Financial Corp   (FTFC)
Other Ticker:  
 
    Sector  Financial    Industry Life Insurance
   Industry Life Insurance
   Sector  Financial


First Trinity Financial 's ROA from the fourth quarter of 2023 to the fourth quarter of 2022 and 5 Year Period

Return on Assets, Quarterly Results, Trends, Rankings, Statistics


What is First Trinity Financial 's ROA in the fourth quarter of 2023?
First Trinity Financial Corp achieved a return on average assets (ROA) of 1.63 % in its fourth quarter of 2023, this is above FTFC's average return on assets of 0.79%.
First Trinity Financial Corp assets over the 12 months ending in its fourth quarter of 2023 are valued at $486 million

Despite the company's net income deteriorating, First Trinity Financial was able to improve its ROA compared to the third quarter of 2023.

However, within the Financial sector 257 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 1532, from total ROA ranking in the third quarter of 2023 at 2152.

What is ROA?


Return On Assets (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Total Assets Change 5.78 % 9.6 % -14.66 % -16.46 % -20.73 %
Y / Y Net Income Change 24.88 % 56.02 % 3 % 11.24 % 72.27 %
Net Income (TTM) in million 8 7 6 6 6
Return On Assets (TTM) 1.63 % 1.56 % 1.35 % 1.29 % 1.21 %
FTFC's Total Ranking # 1532 # 2152 # 2391 # 2475 # 2765
Total Assets (TTM) in million 493 487 481 483 466
Seq. Total Assets Change 1.28 % 1.2 % -0.41 % 3.64 % 4.94 %
Seq. Net Income Change -30.41 % 111.95 % 47.96 % -42.77 % -13.06 %



Return On Assets Company Ranking
Within: No.
Industry # 2
Sector # 258
Overall # 1525

Return On Assets Statistics
High Average Low
1.27 %
0.79 %
0.26 %
  (Dec 31 2017)





Financial Statements
First Trinity Financial 's Assets $ 493 million FTFC's Balance sheet
First Trinity Financial 's Income $ 2 million Quarterly FTFC's Income Statement
FTFC's Income by Division See FTFC's Income by Division



Annual Return On Assets (Dec 31 2023)
FY 2023
(Dec 31 2022)
FY 2022
(Dec 31 2021)
FY 2021
(Dec 31 2020)
FY 2020
(Dec 31 2019)
FY 2019
Y / Y Total Assets Change 5.78 % -20.73 % 3.7 % 7.16 % 42.13 %
Total Assets in million 493 466 588 567 529
Y / Y Net Income Change 27.98 % 116.45 % -10.11 % -47.89 % 18.62 %
Net Income in million 8 6 3 3 6
Return On Assets 1.61 % 1.33 % 0.49 % 0.56 % 1.15 %




Comment on FTFC's ROA in the fiscal year ending 2023
In the fiscal year 2023 ROA improved to 1.61 % compared to prior year, due to annual net income growth of 27.98 % to $7.92 million, while value of First Trinity Financial 's overall assets grew just by 5.78 % to $492.97 million, compared to $492.97 a year before.


More Return On Assets Ratios
FTFC's' Return on Assets at Yahoo Finance
Life Insurance Industry Return On Assets Trends and Statistics
Financial Sector Roa Statistics
Roa Trends for overall market
FTFC's Roa Ratio versus Life Insurance Industry, Financial Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Roa for FTFC's Competitors
Roa for First Trinity Financial 's Suppliers
Return On Assets for FTFC's Customers

You may also want to know
FTFC's Roi FTFC's Inventory Turnover Ratio FTFC's Growth Rates FTFC's Dividend Comparisons
FTFC's Profitability Ratios FTFC's Asset Turnover Ratio FTFC's Dividend Growth
FTFC's Roe FTFC's Valuation Ratios FTFC's Financial Strength Ratios FTFC's Dividend Payout Ratio



Companies with similar Return On Assets at Dec 31 2023, within Financial Sector ROA
Camden Property Trust  4.42 %
Ares Acquisition Corporation Ii  4.35 %
Essential Properties Realty Trust Inc   4.32 %
Udr Inc   4.23 %
Chubb Limited  4.19 %
Morningstar inc   4.13 %
Nasdaq Inc   4.10 %
Four Corners Property Trust Inc   4.04 %
Stepstone Group Inc   4.03 %
Atlanticus Holdings Corp  4.02 %
Markel Group Inc   3.98 %
One Liberty Properties inc   3.90 %
Credit Acceptance Corp  3.90 %
National Storage Affiliates Trust  3.88 %
W R Berkley Corp  3.87 %
Crown Castle Inc  3.87 %
Virtus Investment Partners Inc   3.83 %
Ares Management Corporation  3.80 %
W P Carey Inc   3.80 %
Equity Commonwealth  3.79 %
Mr Cooper Group Inc   3.74 %
Kimco Realty Corporation  3.69 %
Globe Life Inc   3.60 %
Aflac Incorporated  3.60 %
Evergreen Corporation  3.60 %
The Cigna Group  3.58 %
Mars Acquisition Corp   3.57 %
Seven Hills Realty Trust  3.56 %
American Homes 4 Rent  3.44 %
Franklin Resources Inc   3.41 %


Date modified: 2024-03-15T06:17:38+00:00


Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com