Prime Meridian Holding Co Annual Return On Equity in % from 2013 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
Prime Meridian Holding Co quarterly/annual Return On Equity history and growth rate from 2013 to 2023.
  • Prime Meridian Holding Co Return On Equity for the quarter ending June 30, 2024 was 9.58 %, a 35% decline year-over-year.
  • Prime Meridian Holding Co annual Return On Equity for 2023 was 11.6 %, a 22.1% decline from 2022.
  • Prime Meridian Holding Co annual Return On Equity for 2022 was 14.8 %, a 14.4% increase from 2021.
  • Prime Meridian Holding Co annual Return On Equity for 2021 was 13 %, a 68.3% increase from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 11.6 -3.27 -22.1% Jan 1, 2023 Dec 31, 2023
2022 14.8 +1.86 +14.4% Jan 1, 2022 Dec 31, 2022
2021 13 +5.26 +68.3% Jan 1, 2021 Dec 31, 2021
2020 7.7 +1.13 +17.2% Jan 1, 2020 Dec 31, 2020
2019 6.57 -1.74 -20.9% Jan 1, 2019 Dec 31, 2019
2018 8.31 +1.54 +22.7% Jan 1, 2018 Dec 31, 2018
2017 6.77 -1.63 -19.4% Jan 1, 2017 Dec 31, 2017
2016 8.4 +1.34 +19% Jan 1, 2016 Dec 31, 2016
2015 7.06 +2.22 +45.9% Jan 1, 2015 Dec 31, 2015
2014 4.84 -2.26 -31.8% Jan 1, 2014 Dec 31, 2014
2013 7.1 Jan 1, 2013 Dec 31, 2013
* An asterisk sign (*) next to the value indicates that the value is likely invalid.