Return On Equity ratio Analysis of Meridian Bank - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY ROE
Period Ending - Dec-23
Not Good ROE
8.38
Period Ending - Dec-22
Indecisive ROE
14.24
Growth
-41.15 %
Trailing Twelve Months ROE
Period Ending - Dec-23
Not Good ROE
7.63
Most recent Quarter ROE
Period Ending - Mar-24
Not Good ROE
1.67
ROE Analysis of Meridian Bank
| ROE Ratio of MRBK drastically fell by -41.15 % this year. |
| ROE Ratio with value of 18.67 was highest in Year Dec-20 in last Five Years. |
| ROE Ratio with value of 3.04 was lowest in Year Dec-21 in last Five Years. |
| Latest ROE Ratio with value of 8.38 is lower than Average ROE of 10.60 in last five years. |
Other ROE Related Info of MRBK that may interest you.
Meridian Bank Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| MRBK | 10.34 | 9.97 | 3.71 % | Banks-Regional |
Defination of Return On Equity
The Return on Equity (ROE) is a profitability metric that measures a company's ability to generate profits using its shareholder's fund. ROE is calculated by dividing Net Income by Shareholders' Fund. more ..
ROE Related Ratios
| ReturnOnAsset | NetProfitMargin |
Tsr Profitability Index
| Low Profitability Stock | |
FY - Historical Return On Equity of Meridian Bank
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| ROE | 8.38 | 14.24 | 3.04 | 18.67 | 8.68 | 7.43 | 2.99 |
| Change | -41.15 % | 368.97 % | -83.73 % | 114.97 % | 16.88 % | 148.39 % | -57.48 % |
FY Chart of Return On Equity of Meridian Bank
Note : All Data Generated at the End of Trading Hours (EOD Data)