LAKE SHORE BANCORP, INC. Annual Return On Assets in % from 2012 to 2023

Taxonomy & unit
ratio: %
Description
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.
Summary
Lake Shore Bancorp, Inc. quarterly/annual Return On Assets history and growth rate from 2012 to 2023.
  • Lake Shore Bancorp, Inc. Return On Assets for the quarter ending September 30, 2024 was 0.59 %, a 20.4% decline year-over-year.
  • Lake Shore Bancorp, Inc. annual Return On Assets for 2023 was 0.67 %, a 18.4% decline from 2022.
  • Lake Shore Bancorp, Inc. annual Return On Assets for 2022 was 0.82 %, a 6.89% decline from 2021.
  • Lake Shore Bancorp, Inc. annual Return On Assets for 2021 was 0.87 %, a 27.9% increase from 2020.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 0.67 -0.15 -18.4% Jan 1, 2023 Dec 31, 2023
2022 0.82 -0.06 -6.89% Jan 1, 2022 Dec 31, 2022
2021 0.87 +0.19 +27.9% Jan 1, 2021 Dec 31, 2021
2020 0.68 -0.02 -2.86% Jan 1, 2020 Dec 31, 2020
2019 0.7 -0.04 -5.41% Jan 1, 2019 Dec 31, 2019
2018 0.74 +0.07 +10.5% Jan 1, 2018 Dec 31, 2018
2017 0.67 -0.07 -9.57% Jan 1, 2017 Dec 31, 2017
2016 0.73 +0.03 +4.29% Jan 1, 2016 Dec 31, 2016
2015 0.7 +0.05 +7.73% Jan 1, 2015 Dec 31, 2015
2014 0.65 -0.12 -15.6% Jan 1, 2014 Dec 31, 2014
2013 0.77 +0.03 +4.07% Jan 1, 2013 Dec 31, 2013
2012 0.74 Jan 1, 2012 Dec 31, 2012
* An asterisk sign (*) next to the value indicates that the value is likely invalid.