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Taxonomy & unit
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ratio: %
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Description
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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.
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Summary
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Summit Financial Group, Inc. quarterly/annual Return On Assets history and growth rate from Q4 2011 to Q1 2024.
- Summit Financial Group, Inc. Return On Assets for the quarter ending March 31, 2024 was 1.26 %, a 11.9% decline year-over-year.
- Summit Financial Group, Inc. annual Return On Assets for 2023 was 1.24 %, a 11.4% decline from 2022.
- Summit Financial Group, Inc. annual Return On Assets for 2022 was 1.4 %, a 3.72% increase from 2021.
- Summit Financial Group, Inc. annual Return On Assets for 2021 was 1.34 %, a 22.8% increase from 2020.
Return On Assets, Quarterly (%)
Return On Assets, YoY Quarterly Growth (%)