Kentucky banks ranked eighth for return on assets - Business First of Louisville:

xoqylyjibo.wordpress.com
In the First Quarter Banking Profile issued bythe , the 199 financial institutionsx based in Kentucky posted a return on average of 0.9 percent in first quarter of 2009. Only seven states had banksz that weremore profitable, according the KDFI North Dakota, at 1.48 percent; Colorado at 1.44 Hawaii at 1.38 percent; Montana at 1.25 Oklahoma at 1.17 percent; West Virginia at 1.02 percenyt and New York at 0.99 percent. a return on average assets of 1 percent is considerede a benchmark for aprofitabl bank. Below one percent usually means the bank posted a The average return nationally on averagde assets for the firstr quarterwas 0.
22 percent, including banks in the District of Columbia and Puerto Rico, with some states postinbg low or negative returns.