What is Suntrust Banks Inc's ROA in the third quarter of 2019?
Suntrust Banks Inc achieved a return on average assets (ROA) of
1.19 % in its third quarter of 2019, this is above STI's average return on assets of 0.74%.
Suntrust Banks Incs assets during the 12 months ending in the third quarter of 2019 are valued at $214 billion
ROA decreased relative to the period ending Jun 30 2019, due to the decline in net income.
However, within the
Financial sector 488 other companies had a higher return on assets. While Return on assets, overall ranking has advanced in the Sep 30 2019 quarter, so far to
2218, from total ROA ranking in the second quarter of 2019 at
2228.
What is ROA?