Return on Average Assets or “(ROAA)” means the Bank’s after-tax net income at the end of the fiscal year, before payment of any common stock dividends and adjusted for extraordinary items, divided by the Bank’s average assets for the same fiscal year, as reported in the Bank’s general ledger and determined by the Bank’s independent auditors.
Return on Average Assets means, for the Consolidated Bank Subsidiaries as at the end Fiscal Quarter (or portion thereof), the quotient, expressed as a percentage, obtained by dividing the net income of the Consolidated Bank Subsidiaries for such Fiscal Quarter by the average total daily assets of the Consolidated Bank Subsidiaries during such Fiscal Quarter (or portion thereof).
Return on Average Assets. (ROAA) shall mean Net Income of the Holding Company for the Incentive Period divided by Average Total Assets for the Incentive Period. Average Total Assets shall be as reported in the Holding Company's annual report to shareholders (or as otherwise reported to shareholders).
Examples of Return on Average Assets in a sentence
The cap will be based on Kootenay Savings Credit Union’s ability to pay at that time, which will be defined by a minimum Return on Average Assets (ROAA) of .40% as reported through the FICOM Comparative Analysis Report (CAR) audited year end: Line: “Net Operating Income (Loss)”.
With respect to the Consolidated Bank Subsidiaries, maintain as at the end of any Fiscal Quarter a Return on Average Assets of at least equal to 0.90%.
More Definitions of Return on Average Assets
Return on Average Assets means, for the applicable reporting period, the ratio, expressed as a percentage, of Bank’s Net Income year-to-date annualized to Bank’s Average Assets determined at the end of the applicable period being analyzed.
Return on Average Assets means net profit (attributable to equity holders of the Bank) divided by average total assets.
Return on Average Assets means, on a consolidated basis, a Return on Average Assets for the current and the prior three fiscal quarters, as determined by taking the sum of the Return on Average Assets as reported in the Borrower’s SEC filings, excluding the effect of any impairment of intangible assets (including goodwill), divided by four (4).
Return on Average Assets means, with respect to the Thrift for any Quarterly Fiscal Date, a percentage determined by dividing (a) the sum of Thrift Net Income for such Quarterly Fiscal Date and the three preceding Quarterly Fiscal Dates by (b) the average of the “total assets” of the Thrift (as stated in TFR Report Schedule SO, Line SI870) for such four Quarterly Fiscal Dates.
Return on Average Assets means, with respect to the Borrower as of the last day of each Fiscal Quarter, a percentage determined by dividing (a) the sum of the “net income” of the Borrower (as determined by reference to the line item “net income” under the “Consolidated Income Statement” in the Borrower’s most recent Form 10-Q or 10-K, as applicable) for such Fiscal Quarter and the three immediately preceding Fiscal Quarters by (b) the average of the “total assets” of the Borrower (as determined by reference to the line item “total assets” under the “Consolidated Balance Sheet” in the Borrower’s most recent Form 10-Q or 10-K, as applicable) for such four Fiscal Quarters.
Return on Average Assets or “RoAA” means, for any period, Profit for the financial period divided by the arithmetic average of Total assets at the beginning and end of the period.
Return on Average Assets means Cole Xxxxxx'x xxxio of (i) net income after taxes but before extraordinary items to (ii) total assets, all as determined in accordance with GAAP.