CAMBRIDGE BANCORP Annual Return On Equity in % from 2017 to 2023

Taxonomy & unit
ratio: %
Description
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.
Summary
Cambridge Bancorp quarterly/annual Return On Equity history and growth rate from 2017 to 2023.
  • 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, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 6.46 -5.03 -43.8% Jan 1, 2023 Dec 31, 2023
2022 11.5 -1.28 -10% Jan 1, 2022 Dec 31, 2022
2021 12.8 +4.1 +47.3% Jan 1, 2021 Dec 31, 2021
2020 8.66 -2.09 -19.4% Jan 1, 2020 Dec 31, 2020
2019 10.8 -4.3 -28.6% Jan 1, 2019 Dec 31, 2019
2018 15.1 +4.75 +46.1% Jan 1, 2018 Dec 31, 2018
2017 10.3 Jan 1, 2017 Dec 31, 2017
* An asterisk sign (*) next to the value indicates that the value is likely invalid.