Name: Return on Assets (ROA)

Definition: ROA shows how efficiently the company turns everything it owns — its entire asset base — into net profit after all costs and taxes. A higher ROA means the business squeezes more profit from its assets. Lower ROA might reflect poor asset utilization or heavy reliance on expensive financing.

Interpretation:
• In '2021', NFBK's return on assets was 1.3%, representing returns generated from total assets. Industry average for Savings Institutions in '2021' stood at 0.9%.
• In '2022', NFBK's return on assets was 1.1%, representing returns generated from total assets. The decline from '2021' may indicate some operational or financial challenges. Industry average for Savings Institutions in '2022' stood at 0.8%. Industry average declined by 0.1% from previous year.
• In '2023', NFBK's return on assets was 0.7%, representing returns generated from total assets. The decline from '2022' may indicate some operational or financial challenges. Industry average for Savings Institutions in '2023' stood at 0.5%. Industry average declined by 0.3% from previous year.
• In '2024', NFBK's return on assets was 0.5%, representing returns generated from total assets. The decline from '2023' may indicate some operational or financial challenges. Industry average for Savings Institutions in '2024' stood at 0.5%. Industry average declined by 0.1% from previous year.
Overall, NFBK's return on assets has been volatile but generally stable over the past 4 years.

Formula: ROA = Net Income / Total Assets

Good Range: Commonly 5%-15%.