o 82 percent. Over the five year period for the other banks in the state ROA is not nearly as good: previous five years ROA equals 54 percent; previous year ROA equals 24 percent; and the most recent year ROA is still down at 28 percent.
Since ROA is the measure of efficiency, it appears that MNB is much more efficient than the states average. MNB is handling its assets and resources much more efficiently. Actually it represents a healthy number, but the states overall efficiency is way down. Finally, if the
Financial Institutions
1. How profitable has Merc. (1969, December 31). In LotsofEssays.com. Retrieved 00:20, April 30, 2024, from https://www.lotsofessays.com/viewpaper/1705142.html
Lots of Essays. "Financial Institutions
1. How profitable has Merc." LotsofEssays.com. LotsofEssays.com, (December 31, 1969). Web. 30 Apr. 2024.
Lots of Essays, "Financial Institutions
1. How profitable has Merc.," LotsofEssays.com, https://www.lotsofessays.com/viewpaper/1705142.html (accessed April 30, 2024)