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Bancorp 34 (Bancorp 34) Gross-Profit-to-Asset % : 2.55% (As of Dec. 2023)


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What is Bancorp 34 Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Bancorp 34's annualized Gross Profit for the quarter that ended in Dec. 2023 was $14.84 Mil. Bancorp 34's average Total Assets over the quarter that ended in Dec. 2023 was $581.07 Mil. Therefore, Bancorp 34's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 2.55%.


Bancorp 34 Gross-Profit-to-Asset % Historical Data

The historical data trend for Bancorp 34's Gross-Profit-to-Asset % 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.

* Premium members only.

Bancorp 34 Gross-Profit-to-Asset % Chart

Bancorp 34 Annual Data
Trend Jun14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.86 4.06 4.13 3.45 2.74

Bancorp 34 Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Dec21 Sep22 Dec22 Sep23 Dec23
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 3.57 2.94 2.68 2.55

Competitive Comparison of Bancorp 34's Gross-Profit-to-Asset %

For the Banks - Regional subindustry, Bancorp 34's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bancorp 34's Gross-Profit-to-Asset % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bancorp 34's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Bancorp 34's Gross-Profit-to-Asset % falls into.



Bancorp 34 Gross-Profit-to-Asset % Calculation

Bancorp 34's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=15.831/( (574.34+581.265)/ 2 )
=15.831/577.8025
=2.74 %

Bancorp 34's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=14.844/( (580.868+581.265)/ 2 )
=14.844/581.0665
=2.55 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Bancorp 34 Gross-Profit-to-Asset % Related Terms

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Bancorp 34 (Bancorp 34) Business Description

Traded in Other Exchanges
N/A
Address
500 East 10th Street, Suite 100, Alamogordo, NM, USA, 88310
Bancorp 34 Inc provides a variety of banking services to individuals and businesses through its branches. Its products and services are demand deposits, certificates of deposits, savings and money market accounts, commercial loans, real estate mortgage loans and credit and merchant cards and e-banking. The bank operates banking centers in Alamogordo, Las Cruces, New Mexico, Scottsdale, Arizona, and Peoria.
Executives
James Crotty officer: Co-President and CEO 500 EAST 10TH STREET, SUITE 100, ALAMOGORDO NM 88310
Elaine E. Ralls director 500 EAST 10TH STREET, ALAMOGORDO NM 88310
Van Winkle Don P. director 500 EAST 10TH STREET, ALAMOGORDO NM 88310
Wortham A. Cook director 500 EAST 10TH STREET, ALAMOGORDO NM 88310
James D. Harris director 500 EAST 10TH STREET, ALAMOGORDO NM 88310
Randal L. Rabon director 500 EAST 10TH STREET, ALAMOGORDO NM 88310
William P. Kauper officer: President/Dir Corp Development 500 EAST 10TH STREET, ALAMOGORDO NM 88310
Jan R Thiry officer: President and CEO 500 EAST 10TH STREET, ALAMOGORDO NM 88310
Jill Gutierrez director, officer: CEO 500 EAST 10TH STREET, ALAMOGORDO NM 88310
William F. Burt director 500 EAST 10TH STREET, ALAMOGORDO NM 88310