LAKELAND BANCORP INC Annual Return On Equity in % from 2012 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
Lakeland Bancorp Inc quarterly/annual Return On Equity history and growth rate from 2012 to 2023.
  • Lakeland Bancorp Inc Return On Equity for the quarter ending March 31, 2024 was 7.34 %, a 27.2% decline year-over-year.
  • Lakeland Bancorp Inc annual Return On Equity for 2023 was 7.43 %, a 24.4% decline from 2022.
  • Lakeland Bancorp Inc annual Return On Equity for 2022 was 9.83 %, a 17.1% decline from 2021.
  • Lakeland Bancorp Inc annual Return On Equity for 2021 was 11.9 %, a 54.6% increase from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 7.43 -2.4 -24.4% Jan 1, 2023 Dec 31, 2023
2022 9.83 -2.03 -17.1% Jan 1, 2022 Dec 31, 2022
2021 11.9 +4.19 +54.6% Jan 1, 2021 Dec 31, 2021
2020 7.67 -2.36 -23.5% Jan 1, 2020 Dec 31, 2020
2019 10 -0.46 -4.39% Jan 1, 2019 Dec 31, 2019
2018 10.5 +1.29 +14% Jan 1, 2018 Dec 31, 2018
2017 9.2 +0.69 +8.1% Jan 1, 2017 Dec 31, 2017
2016 8.51 +0.28 +3.4% Jan 1, 2016 Dec 31, 2016
2015 8.24 -0.18 -2.14% Jan 1, 2015 Dec 31, 2015
2014 8.42 +0.87 +11.5% Jan 1, 2014 Dec 31, 2014
2013 7.54 -0.76 -9.15% Jan 1, 2013 Dec 31, 2013
2012 8.3 Jan 1, 2012 Dec 31, 2012
* An asterisk sign (*) next to the value indicates that the value is likely invalid.