Farmers & Merchants Bancshares, Inc. Annual Return On Assets in % from 2017 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
Farmers & Merchants Bancshares, Inc. quarterly/annual Return On Assets history and growth rate from 2017 to 2023.
  • 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, Annual (%)
Return On Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 0.85 -0.28 -24.8% Jan 1, 2023 Dec 31, 2023
2022 1.13 -0.02 -1.74% Jan 1, 2022 Dec 31, 2022
2021 1.15 +0.65 +131% Jan 1, 2021 Dec 31, 2021
2020 0.5 -0.55 -52.5% Jan 1, 2020 Dec 31, 2020
2019 1.05 -0.09 -7.89% Jan 1, 2019 Dec 31, 2019
2018 1.14 +0.19 +20.1% Jan 1, 2018 Dec 31, 2018
2017 0.95 Jan 1, 2017 Dec 31, 2017
* An asterisk sign (*) next to the value indicates that the value is likely invalid.