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?