Towne Bank (FRA:3T8) Efficiency Overhead Ratio % : 0.00% (As of . 20)

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What is Towne Bank Efficiency Overhead Ratio %?

Efficiency Overhead Ratio % for banks is non-interest expenses divided by revenue. It helps show how well banks control their overhead expenses. A lower Efficiency Overhead Ratio suggests that the bank is operating better.

The historical rank and industry rank for Towne Bank's Efficiency Overhead Ratio % or its related term are showing as below:

FRA:3T8's Efficiency Overhead Ratio % is not ranked ^*
in the Banks industry.
Industry Median:
* Ranked among companies with meaningful Efficiency Overhead Ratio % only.

Towne Bank Efficiency Overhead Ratio % Historical Data

The historical data trend for Towne Bank's Efficiency Overhead Ratio % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Towne Bank Efficiency Overhead Ratio % Chart

Towne Bank (FRA:3T8) Efficiency Overhead Ratio % Calculation

Efficiency Overhead Ratio % is calculated as

Efficiency Overhead Ratio %

Non-interest Expenses

Revenue

Towne Bank (FRA:3T8) Efficiency Overhead Ratio % Explanation

Efficiency Overhead Ratio % is typically used to analyze how well a company uses its assets and liabilities. It typically calculates the turnover of receivables, the repayment of liabilities, etc. In the banking industry, Efficiency Overhead Ratio % specifically refers to non-interest expenses divided by revenue. This ratio shows how well banks control their overhead expenses and allows analysts to assess their performance.

An Efficiency Overhead Ratio lower than 50% is considered to be optimal. If the Efficiency Overhead Ratio decreases, it means the bank’s expenses are decreasing and revenues are increasing, suggesting the bank is operating better.

Towne Bank Efficiency Overhead Ratio % Related Terms

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Towne Bank (FRA:3T8) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Towne Bank (FRA:3T8) » Definitions » Efficiency Overhead Ratio %

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Traded in Other Exchanges

TOWN:USA

Address

5716 High Street, Portsmouth, VA, USA, 23703

Website

https://www.townebank.com

Towne Bank is a financial services company that places special emphasis on serving the financial needs of individuals, commercial enterprises, and professionals, offering retail and commercial banking services to numerous markets in Virginia and North Carolina. The company has three reportable segments: Banking Segment provides loan and deposit services to retail and commercial customers and provides commercial mortgage brokerage services and investment and asset management services, and the Realty Segment provides residential real estate services and mortgage loans. It also provides resort property management and residential and commercial title insurance, and Insurance Segment provides provide a wide array of insurance products, including property, casualty, life, and health insurance.

Towne Bank (FRA:3T8) Headlines

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