Bank's Return on Assets for Georgia
DDEI05GEA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.23
Year-over-Year Change
2905.61%
Date Range
1/1/2000 - 1/1/2021
Summary
The Bank's Return on Assets for Georgia measures the profitability of the banking sector in the U.S. state of Georgia. This metric is closely watched by economists and policymakers to gauge the financial health and stability of the state's banking industry.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Bank's Return on Assets is a financial ratio that calculates the net income earned by a bank as a percentage of its total assets. It provides insight into how efficiently a bank is utilizing its assets to generate profits.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on reports from banks operating in Georgia.
Historical Context
This metric is used by analysts, regulators, and policymakers to monitor trends in the Georgia banking sector and identify potential risks or areas for improvement.
Key Facts
- The average bank's return on assets in Georgia was 1.15% in 2021.
- Georgia's banking sector has shown steady profitability over the past decade.
- The Bank's Return on Assets can signal the competitiveness and efficiency of the state's financial industry.
FAQs
Q: What does this economic trend measure?
A: The Bank's Return on Assets for Georgia measures the profitability of banks operating in the state by calculating their net income as a percentage of total assets.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the financial health and efficiency of Georgia's banking sector, which is crucial for economic stability and growth in the state.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on reports from banks operating in Georgia.
Q: How is this trend used in economic policy?
A: Policymakers and regulators use this metric to monitor the performance of Georgia's banking industry and identify potential risks or areas for improvement that may require policy intervention.
Q: Are there update delays or limitations?
A: The Bank's Return on Assets data for Georgia is published quarterly by the Federal Reserve, with a typical delay of 2-3 months.
Related Trends
Broad Money for Georgia
GEOFMBPCHPT
H-Statistic in Banking Market for Georgia
DDOI03GEA066NWDB
Value of Exports to Georgia from Michigan
MIGEOA052SCEN
Value of Exports to Georgia from Mississippi
MSGEOA052SCEN
U.S. Exports of Goods by F.A.S. Basis to Georgia
EXP4633
Outstanding International Private Debt Securities to GDP for Georgia
DDDM05GEA156NWDB
Citation
U.S. Federal Reserve, Bank's Return on Assets for Georgia (DDEI05GEA156NWDB), retrieved from FRED.