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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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Hanover Bancorp, Inc. /NY quarterly/annual Return On Equity history and growth rate from Q3 2021 to Q3 2024.
- Hanover Bancorp, Inc. /NY Return On Equity for the quarter ending September 30, 2024 was 6.45 %, a 22.6% decline year-over-year.
- Hanover Bancorp, Inc. /NY annual Return On Equity for 2023 was 8.34 %, a 46.5% decline from 2022.
- Hanover Bancorp, Inc. /NY annual Return On Equity for 2022 was 15.6 %, a 43.8% increase from 2021.
Return On Equity, Quarterly (%)
Return On Equity, YoY Quarterly Growth (%)