MetroCity Bankshares, Inc. Annual Return On Assets in % from 2020 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
MetroCity Bankshares, Inc. quarterly/annual Return On Assets history and growth rate from 2020 to 2023.
  • MetroCity Bankshares, Inc. Return On Assets for the quarter ending September 30, 2024 was 1.66 %, a 13.7% increase year-over-year.
  • MetroCity Bankshares, Inc. annual Return On Assets for 2023 was 1.48 %, a 22.5% decline from 2022.
  • MetroCity Bankshares, Inc. annual Return On Assets for 2022 was 1.91 %, a 18.3% decline from 2021.
  • MetroCity Bankshares, Inc. annual Return On Assets for 2021 was 2.34 %, a 12% increase from 2020.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 1.48 -0.43 -22.5% Jan 1, 2023 Dec 31, 2023
2022 1.91 -0.43 -18.3% Jan 1, 2022 Dec 31, 2022
2021 2.34 +0.25 +12% Jan 1, 2021 Dec 31, 2021
2020 2.09 Jan 1, 2020 Dec 31, 2020
* An asterisk sign (*) next to the value indicates that the value is likely invalid.