TC Bancshares, 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
TC Bancshares, Inc. quarterly/annual Return On Equity history and growth rate from 2020 to 2023.
  • TC Bancshares, Inc. Return On Equity for the quarter ending March 31, 2024 was -0.05 %, a 103% decline year-over-year.
  • TC Bancshares, Inc. annual Return On Equity for 2023 was 0.32 %, a 84.4% decline from 2022.
  • TC Bancshares, Inc. annual Return On Equity for 2022 was 2.06 %, a 50.4% decline from 2021.
  • TC Bancshares, Inc. annual Return On Equity for 2021 was 4.17 %, a 446% increase from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 0.32 -1.74 -84.4% Jan 1, 2023 Dec 31, 2023
2022 2.06 -2.1 -50.4% Jan 1, 2022 Dec 31, 2022
2021 4.17 +3.4 +446% Jan 1, 2021 Dec 31, 2021
2020 0.76 Jan 1, 2020 Dec 31, 2020
* An asterisk sign (*) next to the value indicates that the value is likely invalid.