Tectonic Financial, Inc. Annual Return On Equity in % from 2018 to 2023

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 2018 to 2023.
  • Tectonic Financial, Inc. Return On Equity for the quarter ending June 30, 2024 was 12.7 %, a 20.9% 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, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 14.7 -3.76 -20.3% Jan 1, 2023 Dec 31, 2023
2022 18.5 -4.42 -19.3% Jan 1, 2022 Dec 31, 2022
2021 22.9 +3.39 +17.4% Jan 1, 2021 Dec 31, 2021
2020 19.5 +3.32 +20.5% Jan 1, 2020 Dec 31, 2020
2019 16.2 -10.8 -40.1% Jan 1, 2019 Dec 31, 2019
2018 27.1 Jan 1, 2018 Dec 31, 2018
* An asterisk sign (*) next to the value indicates that the value is likely invalid.