ECB Bancorp, Inc. /MD/ Annual Return On Equity in % from 2021 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
ECB Bancorp, Inc. /MD/ quarterly/annual Return On Equity history and growth rate from 2021 to 2023.
  • ECB Bancorp, Inc. /MD/ Return On Equity for the quarter ending June 30, 2024 was 2.14 %, a 53.9% increase year-over-year.
  • ECB Bancorp, Inc. /MD/ annual Return On Equity for 2023 was 2.71 %, a 20% increase from 2022.
  • ECB Bancorp, Inc. /MD/ annual Return On Equity for 2022 was 2.25 %, a 57.6% decline from 2021.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 2.71 +0.45 +20% Jan 1, 2023 Dec 31, 2023
2022 2.25 -3.06 -57.6% Jan 1, 2022 Dec 31, 2022
2021 5.31 Jan 1, 2021 Dec 31, 2021
* An asterisk sign (*) next to the value indicates that the value is likely invalid.