Tectonic Financial, Inc. Quarterly Return On Equity in % from Q4 2018 to Q3 2024

Taxonomy & unit
ratio: %
Description
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.
Summary
Tectonic Financial, Inc. quarterly/annual Return On Equity history and growth rate from Q4 2018 to Q3 2024.
  • Tectonic Financial, Inc. Return On Equity for the quarter ending September 30, 2024 was 13 %, a 15.2% decline year-over-year.
  • Tectonic Financial, Inc. annual Return On Equity for 2023 was 14.7 %, a 20.3% decline from 2022.
  • Tectonic Financial, Inc. annual Return On Equity for 2022 was 18.5 %, a 19.3% decline from 2021.
  • Tectonic Financial, Inc. annual Return On Equity for 2021 was 22.9 %, a 17.4% increase from 2020.
Return On Equity, Quarterly (%)
Return On Equity, YoY Quarterly Growth (%)
Period Value YoY Chg Change % Start Date End Date
Q3 2024 13 -2.34 -15.2% Jul 1, 2024 Sep 30, 2024
Q2 2024 12.7 -3.37 -20.9% Apr 1, 2024 Jun 30, 2024
Q1 2024 12.9 -5.49 -29.9% Jan 1, 2024 Mar 31, 2024
Q4 2023 14.7 -3.76 -20.3% Oct 1, 2023 Dec 31, 2023
Q3 2023 15.4 -4.13 -21.2% Jul 1, 2023 Sep 30, 2023
Q2 2023 16.1 -4.84 -23.1% Apr 1, 2023 Jun 30, 2023
Q1 2023 18.4 -2.87 -13.5% Jan 1, 2023 Mar 31, 2023
Q4 2022 18.5 -4.42 -19.3% Oct 1, 2022 Dec 31, 2022
Q3 2022 19.5 -5.01 -20.5% Jul 1, 2022 Sep 30, 2022
Q2 2022 20.9 -2.38 -10.2% Apr 1, 2022 Jun 30, 2022
Q1 2022 21.2 -0.6 -2.75% Jan 1, 2022 Mar 31, 2022
Q4 2021 22.9 +3.39 +17.4% Oct 1, 2021 Dec 31, 2021
Q3 2021 24.5 +6.62 +37.1% Jul 1, 2021 Sep 30, 2021
Q2 2021 23.3 +7.79 +50.2% Apr 1, 2021 Jun 30, 2021
Q1 2021 21.8 +6.28 +40.4% Jan 1, 2021 Mar 31, 2021
Q4 2020 19.5 +3.32 +20.5% Oct 1, 2020 Dec 31, 2020
Q3 2020 17.9 +0.51 +2.94% Jul 1, 2020 Sep 30, 2020
Q2 2020 15.5 -4.81 -23.7% Apr 1, 2020 Jun 30, 2020
Q1 2020 15.6 -6.94 -30.9% Jan 1, 2020 Mar 31, 2020
Q4 2019 16.2 -10.8 -40.1% Oct 1, 2019 Dec 31, 2019
Q3 2019 17.4 Jul 1, 2019 Sep 30, 2019
Q2 2019 20.3 Apr 1, 2019 Jun 30, 2019
Q1 2019 22.5 Jan 1, 2019 Mar 31, 2019
Q4 2018 27.1 Oct 1, 2018 Dec 31, 2018
* An asterisk sign (*) next to the value indicates that the value is likely invalid.