INDEPENDENT BANK CORP Annual Return On Assets in % from 2012 to 2023

Taxonomy & unit
ratio: %
Description
Return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.
Summary
Independent Bank Corp quarterly/annual Return On Assets history and growth rate from 2012 to 2023.
  • Independent Bank Corp Return On Assets for the quarter ending June 30, 2024 was 1.11 %, a 20.7% decline year-over-year.
  • Independent Bank Corp annual Return On Assets for 2023 was 1.24 %, a 7.5% decline from 2022.
  • Independent Bank Corp annual Return On Assets for 2022 was 1.33 %, a 72.8% increase from 2021.
  • Independent Bank Corp annual Return On Assets for 2021 was 0.77 %, a 18% decline from 2020.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 1.24 -0.1 -7.5% Jan 1, 2023 Dec 31, 2023
2022 1.33 +0.56 +72.8% Jan 1, 2022 Dec 31, 2022
2021 0.77 -0.17 -18% Jan 1, 2021 Dec 31, 2021
2020 0.94 -0.57 -37.6% Jan 1, 2020 Dec 31, 2020
2019 1.52 +0.07 +4.85% Jan 1, 2019 Dec 31, 2019
2018 1.44 +0.35 +32% Jan 1, 2018 Dec 31, 2018
2017 1.09 +0.07 +6.81% Jan 1, 2017 Dec 31, 2017
2016 1.03 +0.11 +12% Jan 1, 2016 Dec 31, 2016
2015 0.91 -0.03 -3.17% Jan 1, 2015 Dec 31, 2015
2014 0.95 +0.09 +10.6% Jan 1, 2014 Dec 31, 2014
2013 0.85 +0.04 +4.94% Jan 1, 2013 Dec 31, 2013
2012 0.81 Jan 1, 2012 Dec 31, 2012
* An asterisk sign (*) next to the value indicates that the value is likely invalid.