-
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
-
NorthEast Community Bancorp, Inc./MD/ quarterly/annual Return On Equity history and growth rate from 2020 to 2023.
- NorthEast Community Bancorp, Inc./MD/ Return On Equity for the quarter ending June 30, 2024 was 16.9 %, a 16.6% increase year-over-year.
- NorthEast Community Bancorp, Inc./MD/ annual Return On Equity for 2023 was 17.1 %, a 77.5% increase from 2022.
- NorthEast Community Bancorp, Inc./MD/ annual Return On Equity for 2022 was 9.62 %, a 65.3% increase from 2021.
- NorthEast Community Bancorp, Inc./MD/ annual Return On Equity for 2021 was 5.82 %, a 29.5% decline from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)