Carter Bankshares, Inc. Annual Return On Equity in % from 2020 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
Carter Bankshares, Inc. quarterly/annual Return On Equity history and growth rate from 2020 to 2023.
  • Carter Bankshares, Inc. Return On Equity for the quarter ending September 30, 2024 was 3.93 %, a 67.4% decline year-over-year.
  • Carter Bankshares, Inc. annual Return On Equity for 2023 was 6.77 %, a 54.9% decline from 2022.
  • Carter Bankshares, Inc. annual Return On Equity for 2022 was 15 %, a 90.1% increase from 2021.
  • Carter Bankshares, Inc. annual Return On Equity for 2021 was 7.9 %.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 6.77 -8.23 -54.9% Jan 1, 2023 Dec 31, 2023
2022 15 +7.11 +90.1% Jan 1, 2022 Dec 31, 2022
2021 7.9 +17.9 Jan 1, 2021 Dec 31, 2021
2020 -9.98 Jan 1, 2020 Dec 31, 2020
* An asterisk sign (*) next to the value indicates that the value is likely invalid.