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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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Meridian Corp quarterly/annual Return On Assets history and growth rate from 2019 to 2023.
- Meridian Corp Return On Assets for the quarter ending September 30, 2024 was 0.49 %, a 38% decline year-over-year.
- Meridian Corp annual Return On Assets for 2023 was 0.59 %, a 47.4% decline from 2022.
- Meridian Corp annual Return On Assets for 2022 was 1.14 %, a 44.8% decline from 2021.
- Meridian Corp annual Return On Assets for 2021 was 2.05 %, a 23.5% increase from 2020.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)