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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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Farmers & Merchants Bancshares, Inc. quarterly/annual Return On Assets history and growth rate from Q3 2017 to Q3 2024.
- Farmers & Merchants Bancshares, Inc. Return On Assets for the quarter ending September 30, 2024 was 0.6 %, a 37.6% decline year-over-year.
- Farmers & Merchants Bancshares, Inc. annual Return On Assets for 2023 was 0.85 %, a 24.8% decline from 2022.
- Farmers & Merchants Bancshares, Inc. annual Return On Assets for 2022 was 1.13 %, a 1.74% decline from 2021.
- Farmers & Merchants Bancshares, Inc. annual Return On Assets for 2021 was 1.15 %, a 131% increase from 2020.
Return On Assets, Quarterly (%)
Return On Assets, YoY Quarterly Growth (%)