MVB FINANCIAL CORP Annual Return On Equity in % from 2020 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
Mvb Financial Corp quarterly/annual Return On Equity history and growth rate from 2020 to 2023.
  • Mvb Financial Corp Return On Equity for the quarter ending December 31, 2023 was 11.3 %, a 91.9% increase year-over-year.
  • Mvb Financial Corp annual Return On Equity for 2023 was 11.3 %, a 91.9% increase from 2022.
  • Mvb Financial Corp annual Return On Equity for 2022 was 5.89 %, a 61.3% decline from 2021.
  • Mvb Financial Corp annual Return On Equity for 2021 was 15.2 %, a 7.08% decline from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 11.3 +5.41 +91.9% Jan 1, 2023 Dec 31, 2023
2022 5.89 -9.33 -61.3% Jan 1, 2022 Dec 31, 2022
2021 15.2 -1.16 -7.08% Jan 1, 2021 Dec 31, 2021
2020 16.4 Jan 1, 2020 Dec 31, 2020
* An asterisk sign (*) next to the value indicates that the value is likely invalid.