West Bancorp''s Return On Capital Employed Insights
Pulled from Benzinga Pro data, West Bancorp (NASDAQ: WTBA ) showed a loss in earnings since Q1, totaling $12.67 million. Sales, on the other hand, increased by 1.14% to $26.52 million during Q2. In Q1, West Bancorp earned $13.18 million and total sales reached $26.22 million. Why Is ROCE Significant? Earnings data without context is not clear and can be difficult to base trading decisions on. Return on Capital Employed (ROCE) helps to filter signal from noise by measuring yearly pre-tax profit relative to capital employed by a business. Generally, a higher ROCE suggests successful … Full story available on Benzinga.com
West Bancorp''s Return On Capital Employed Insights
Pulled from Benzinga Pro data, West Bancorp (NASDAQ: WTBA ) showed a loss in earnings since Q1, totaling $12.67 million. Sales, on the other hand, increased by 1.14% to $26.52 million during Q2. In Q1, West Bancorp earned $13.18 million and total sales reached $26.22 million. Why Is ROCE Significant? Earnings data without context is not clear and can be difficult to base trading decisions on. Return on Capital Employed (ROCE) helps to filter signal from noise by measuring yearly pre-tax profit relative to capital employed by a business. Generally, a higher ROCE suggests successful … Full story available on Benzinga.com