NorthEast Community Bancorp, Inc./MD/ Annual Return On Assets in % from 2021 to 2023

Taxonomy & unit
ratio: %
Description
Return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.
Summary
NorthEast Community Bancorp, Inc./MD/ quarterly/annual Return On Assets history and growth rate from 2021 to 2023.
  • NorthEast Community Bancorp, Inc./MD/ Return On Assets for the quarter ending June 30, 2024 was 2.64 %, a 1.15% increase year-over-year.
  • NorthEast Community Bancorp, Inc./MD/ annual Return On Assets for 2023 was 2.8 %, a 47.2% increase from 2022.
  • NorthEast Community Bancorp, Inc./MD/ annual Return On Assets for 2022 was 1.91 %, a 75.3% increase from 2021.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 2.8 +0.9 +47.2% Jan 1, 2023 Dec 31, 2023
2022 1.91 +0.82 +75.3% Jan 1, 2022 Dec 31, 2022
2021 1.09 Jan 1, 2021 Dec 31, 2021
* An asterisk sign (*) next to the value indicates that the value is likely invalid.