ROA of the banking industry in Luxembourg 2015-2022
In 2022, the return on assets (ROA) of the banking industry in Luxembourg was 0.45 percent, the same as in 2021. The ROA is calculated by dividing a company's net income by total assets. Financial analysts frequently apply this is a key financial indicator, as banks rely on loans and money flow as their business model. As such, it is said that even a profit of one percent could be a significant number for a bank.