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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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Middlefield Banc Corp quarterly/annual Return On Equity history and growth rate from 2012 to 2023.
- Middlefield Banc Corp Return On Equity for the quarter ending June 30, 2024 was 7.74 %, a 22.2% decline year-over-year.
- Middlefield Banc Corp annual Return On Equity for 2023 was 8.77 %, a 18% decline from 2022.
- Middlefield Banc Corp annual Return On Equity for 2022 was 10.7 %, a 16.5% decline from 2021.
- Middlefield Banc Corp annual Return On Equity for 2021 was 12.8 %, a 114% increase from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)