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Taxonomy & unit
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ratio: %
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Description
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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.
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Summary
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Meridian Corp quarterly/annual Return On Equity history and growth rate from 2018 to 2023.
- Meridian Corp Return On Equity for the quarter ending September 30, 2024 was 6.99 %, a 37.6% decline year-over-year.
- Meridian Corp annual Return On Equity for 2023 was 8.54 %, a 39.5% decline from 2022.
- Meridian Corp annual Return On Equity for 2022 was 14.1 %, a 38.5% decline from 2021.
- Meridian Corp annual Return On Equity for 2021 was 23 %, a 12.2% increase from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)