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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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Summit Financial Group, Inc. quarterly/annual Return On Equity history and growth rate from Q4 2011 to Q1 2024.
- Summit Financial Group, Inc. Return On Equity for the quarter ending March 31, 2024 was 13.5 %, a 15.1% decline year-over-year.
- Summit Financial Group, Inc. annual Return On Equity for 2023 was 13.5 %, a 13.9% decline from 2022.
- Summit Financial Group, Inc. annual Return On Equity for 2022 was 15.7 %, a 7.71% increase from 2021.
- Summit Financial Group, Inc. annual Return On Equity for 2021 was 14.5 %, a 24.4% increase from 2020.
Return On Equity, Quarterly (%)
Return On Equity, YoY Quarterly Growth (%)