A bank's profitability affects its safety and soundness. Earnings can be retained by the bank, increasing its capital buffer, or be used to deal with problematic loans, likely making the bank better able to withstand economic shocks. Conversely, losses reduce a bank's ability to do those things.
On Bankrate's test of earnings, Bessemer Trust Company scored 30 out of a possible 30, beating out the national average of 15.12.
Return on equity, calculated by dividing net income (profit, basically) by total equity, is one important way to measure a bank's earnings. Bessemer Trust Company's most recent annualized quarterly return on equity was 40.75 percent, above the national average of 8.10 percent.
The bank reported net income of $27.3 million on total equity of $71.2 million for the twelve months ended December 31, 2017. The bank had an annualized return on average assets, or ROA, of 3.15 percent, above the 1 percent deemed satisfactory in accordance with industry standards, and above the average for U.S. banks of 1.00 percent.