Why do some authors average total assets
while others do not?
The ratio of operating expenses to average total assets
has been steadily improving, but much of that is attributable to growth in the balance sheet.
Average total assets
during the quarter amounted to USD622m, an increase of USD27m, or 5 percent above the same quarter of the prior year.
As a result of these increases and a decrease in average total assets
, the ratio of non-interest expense to average total assets
increased to 0.
Average equity to average total assets
increased since September 30, 2014, from 18.
As to profitability, the Bank had struggled with its level of non-special commission income in 2013, but there was a strong recovery in 2014, so that gross income jumped both absolutely and as a share of average total assets
11% Average Total Assets
$426,204 $320,054 $106,150 33.
The bank's costs to average total assets
ratio is higher than the peer group average but so is its gross income level.
The 14% decline in Average Total Assets
was the driver of the decrease in investment management fees.
Return on average total assets
and return on equity during the quarter stood at 1.
7 per cent, and the bank has achieved returns on average equity and average total assets
equal to 12.
79%, while the ratio of non-interest expense to average total assets
rose to 3.