Question
Using below information for Martin & Fortin Bank (all figures in millions), what thoughts do you have regarding Martin & Fortin's performance ratios as compared
Using below information for Martin & Fortin Bank (all figures in millions), what thoughts do you have regarding Martin & Fortin's performance ratios as compared to the industry benchmark?
Ratio
ROA- Martin & Fortin Bank .65%
ROE- Martin & Fortin Bank10.23%
Net Interest Margin- Martin & Fortin Bank 4.43%
The Equity Multiplier- Martin & Fortin Bank 25x
Compared to Benchmark
Ratio
ROA- Benchmark 1.01%
ROE- Benchmark 9.03%
Net Interest Margin- Benchmark 4.50%
The Equity Multiplier- Benchmark 10x
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Intermediate Financial Management
Authors: Brigham, Daves
10th Edition
978-1439051764, 1111783659, 9780324594690, 1439051763, 9781111783655, 324594690, 978-1111021573
