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Taxonomy & unit
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ratio: %
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Description
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Return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.
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Summary
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Cambridge Bancorp quarterly/annual Return On Equity history and growth rate from Q2 2017 to Q1 2024.
- Cambridge Bancorp Return On Equity for the quarter ending March 31, 2024 was 5.38 %, a 50% decline year-over-year.
- Cambridge Bancorp annual Return On Equity for 2023 was 6.46 %, a 43.8% decline from 2022.
- Cambridge Bancorp annual Return On Equity for 2022 was 11.5 %, a 10% decline from 2021.
- Cambridge Bancorp annual Return On Equity for 2021 was 12.8 %, a 47.3% increase from 2020.
Return On Equity, Quarterly (%)
Return On Equity, YoY Quarterly Growth (%)