Allegiance Bancshares Inc Ret. on assets
What is the Ret. on assets of Allegiance Bancshares Inc?
The Ret. on assets of Allegiance Bancshares Inc is 1.14%
What is the definition of Ret. on assets?
Return on assets indicates how profitable a company’s assets are in generating revenue. It is computed by dividing net income by average total assets.
ttm (trailing twelve months)
The return on assets (ROA) tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. It's a useful number for comparing competing companies in the same industry. The number will vary widely across different industries. Return on assets gives an indication of the capital intensity of the company, which will depend on the industry; companies that require large initial investments will generally have lower return on assets. ROAs over 5% are generally considered good.
Ret. on assets of companies in the Finance sector on NASDAQ compared to Allegiance Bancshares Inc
What does Allegiance Bancshares Inc do?
Allegiance is a Houston, Texas based bank holding company. Through its wholly owned subsidiary, Allegiance Bank, Allegiance provides a diversified range of commercial banking services primarily to small- to medium-sized businesses and individual customers within the Houston region. Allegiance operates 28 full-service banking locations, with 27 bank offices in the Houston metropolitan area and one bank office in Beaumont, just outside of the Houston metropolitan area.
Companies with ret. on assets similar to Allegiance Bancshares Inc
- Tiltrenew Fpo Nzx has Ret. on assets of 1.14%
- TPG Pace Beneficial Finance has Ret. on assets of 1.14%
- Lakeland Industries has Ret. on assets of 1.14%
- ENGIE SA has Ret. on assets of 1.14%
- Shrenik has Ret. on assets of 1.14%
- SpareBank 1 BV has Ret. on assets of 1.14%
- Allegiance Bancshares Inc has Ret. on assets of 1.14%
- United Fire Inc has Ret. on assets of 1.14%
- TOC Property Backed Lending PLC has Ret. on assets of 1.14%
- Tietto Minerals has Ret. on assets of 1.15%
- Princeton Bancorp Inc has Ret. on assets of 1.15%
- Jaiprakash Power Ventures has Ret. on assets of 1.15%
- Sansheng () Co has Ret. on assets of 1.15%