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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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Magyar Bancorp, Inc. quarterly/annual Return On Assets history and growth rate from Q3 2022 to Q3 2024.
- Magyar Bancorp, Inc. Return On Assets for the quarter ending September 30, 2024 was 0.83 %, a 7.78% decline year-over-year.
- Magyar Bancorp, Inc. annual Return On Assets for 2024 was 0.83 %, a 7.78% decline from 2023.
- Magyar Bancorp, Inc. annual Return On Assets for 2023 was 0.9 %, a 10% decline from 2022.
- Magyar Bancorp, Inc. annual Return On Assets for 2022 was 1 %, a 26.7% increase from 2021.
Return On Assets, Quarterly (%)
Return On Assets, YoY Quarterly Growth (%)