COASTAL FINANCIAL CORP Annual Return On Equity in % from 2018 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
Coastal Financial Corp quarterly/annual Return On Equity history and growth rate from 2018 to 2023.
  • Coastal Financial Corp Return On Equity for the quarter ending June 30, 2024 was 12.6 %, a 36.3% decline year-over-year.
  • Coastal Financial Corp annual Return On Equity for 2023 was 16.1 %, a 11.3% decline from 2022.
  • Coastal Financial Corp annual Return On Equity for 2022 was 18.1 %, a 11.1% increase from 2021.
  • Coastal Financial Corp annual Return On Equity for 2021 was 16.3 %, a 43.5% increase from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 16.1 -2.05 -11.3% Jan 1, 2023 Dec 31, 2023
2022 18.1 +1.81 +11.1% Jan 1, 2022 Dec 31, 2022
2021 16.3 +4.94 +43.5% Jan 1, 2021 Dec 31, 2021
2020 11.4 +0.2 +1.79% Jan 1, 2020 Dec 31, 2020
2019 11.2 +0.09 +0.81% Jan 1, 2019 Dec 31, 2019
2018 11.1 Jan 1, 2018 Dec 31, 2018
* An asterisk sign (*) next to the value indicates that the value is likely invalid.