What is National Western Life Group Inc 's ROA in the third quarter of 2023?
National Western Life Group Inc achieved a return on average assets (ROA) of
1.36 % in its third quarter of 2023, this is above NWLI's average return on assets of 0.93%.
National Western Life Group Inc s assets during the 12 months ending in the third quarter of 2023 are valued at $9 billion
ROA has improved compared to 0.9% in the second quarter of 2023, due to net income growth.
However, within the
Financial sector 549 other companies had a higher return on assets. While Return on assets, overall ranking has advanced in the Sep 30 2023 quarter, so far to
2201, from total ROA ranking in the second quarter of 2023 at
2478.
What is ROA?