CHOICEONE FINANCIAL SERVICES INC Annual Return On Equity in % from 2011 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
Choiceone Financial Services Inc quarterly/annual Return On Equity history and growth rate from 2011 to 2023.
  • Choiceone Financial Services Inc Return On Equity for the quarter ending June 30, 2024 was 11.3 %, a 19.2% decline year-over-year.
  • Choiceone Financial Services Inc annual Return On Equity for 2023 was 11.7 %, a 16.2% decline from 2022.
  • Choiceone Financial Services Inc annual Return On Equity for 2022 was 14 %, a 42% increase from 2021.
  • Choiceone Financial Services Inc annual Return On Equity for 2021 was 9.86 %, a 34% increase from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 11.7 -2.27 -16.2% Jan 1, 2023 Dec 31, 2023
2022 14 +4.14 +42% Jan 1, 2022 Dec 31, 2022
2021 9.86 +2.5 +34% Jan 1, 2021 Dec 31, 2021
2020 7.36 +0.92 +14.3% Jan 1, 2020 Dec 31, 2020
2019 6.44 -3.04 -32.1% Jan 1, 2019 Dec 31, 2019
2018 9.48 +1.3 +15.9% Jan 1, 2018 Dec 31, 2018
2017 8.18 -0.25 -2.97% Jan 1, 2017 Dec 31, 2017
2016 8.43 +0.08 +0.96% Jan 1, 2016 Dec 31, 2016
2015 8.35 -0.49 -5.55% Jan 1, 2015 Dec 31, 2015
2014 8.84 +0.5 +6% Jan 1, 2014 Dec 31, 2014
2013 8.34 +1.22 +17.1% Jan 1, 2013 Dec 31, 2013
2012 7.12 +0.92 +14.8% Jan 1, 2012 Dec 31, 2012
2011 6.2 Jan 1, 2011 Dec 31, 2011
* An asterisk sign (*) next to the value indicates that the value is likely invalid.