Return on assets of Agricultural Development Bank (ADB) of Ghana 2017-2021
ROA is an important performance metric for banks as it provides insight into the bank's ability to generate profits from its assets, such as loans and investments. A high return on assets indicates that the bank is generating a significant return from its assets. This may indicate that the bank has a well-diversified portfolio of assets, is effectively managing its risk, and is operating efficiently. A low return on assets, on the other hand, suggests that the bank may not be using its assets effectively to generate profits, or may be facing challenges such as a higher risk profile, lower loan demand, or a more competitive market environment.