The efficiency ratio
, a non-GAAP measure, was 56.9 percent at June 30, 2019, compared to 58.3 percent at September 30, 2018.
The Company expects to achieve modest improvement in 2019 annual operating efficiency ratio
compared to the 2018 annual operating efficiency ratio
River Town Bank, Dardanelle Total Assets: $134.5 million Net Income: $151,000 Staff: 49 (As of March 31, 2019) Eight full-service locations: Two each in Dardanelle and Russellville, and one each in Atkins, Conway, Danville and Dover 2010 2011 2012 Total Assets $176,047 $171,359 $175,566 Net Income $1,625 $1,100 $245 Dividends $676 $200 $197 Efficiency Ratio
62.68% 67.46% 85.92% 2013 2014 2015 Total Assets $156,236 $148,181 $143,602 Net Income -$2,498 $293 $290 Dividends $100 $0 $0 Efficiency Ratio
119.83% 92.16% 90.97% 2016 2017 2018 Total Assets $137,995 $133,631 $132,730 Net Income $314 $106 $1,107 Dividends $450 $0 $961 Efficiency Ratio
88.23% 89.39% 76.83% Source: Federal Deposit Insurance Corp.
The Bank continues to improve its efficiency in accordance with its strategic outline: the efficiency ratio
improved to 67.2% as compared with a ratio of 68.4% as at the end of 2018 and 74.8% in the corresponding quarter last year.
With Wells Fargo & Co's ((https://www.reuters.com/finance/stocks/overview?symbol=WFC.N) WFC.N ) revenue slumping and no clear end in sight for sales scandal-related costs, analysts have pushed back predictions for when the bank's closely watched efficiency ratio
will return to pre-scandal levels.
Metrics include return on average tangible equity, return on average assets, net interest margin, efficiency ratio
and net charge-offs as a percent of total loans.
This year's Dual Inverter has an industry leading Energy Efficiency Ratio
(EER) rating of 13, and Seasonal Energy Efficiency Ratio
(SEER) rating of 13.
The Group's prudent cost control policy and strong revenue generating capability helped to improve the efficiency ratio
(cost to income ratio) to 29 percent from 30.1 percent in September 2016, which is considered one of the best ratios among financial institutions in the region, the statement said.
Inclusion of AFB1 at both 2 and 4 ppm levels significantly (p<0.05) decreased specific growth rate (SGR), net weight gain (NWG), average daily gain (ADG), survival, feed intake, feed efficiency ratio
(FER) and protein efficiency ratio
(PRE), irrespective the addition of the 4TX in the diets.
Gree has introduced high energy-efficient smart-inverter Airconditioning technology that saves 60 percent of the energy, compared with the regular ACs It promises an Energy Efficiency Ratio
of 4.0 (E.E.R).
Combined with high airflow fan technology, these features are said to allow AFC chillers to work with low noise levels, even in high ambient temperatures, and offer Energy Efficiency Ratio
(EER) values of up to 5.9.