Return On Equity ratio Analysis of Towne Bank - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY ROE
Period Ending - Dec-23
Not Good ROE
8.41
Period Ending - Dec-22
Good ROE
18.78
Growth
-55.21 %
Trailing Twelve Months ROE
Period Ending - Dec-23
Not Good ROE
7.50
Most recent Quarter ROE
Period Ending - Mar-24
Not Good ROE
1.69
ROE Analysis of Towne Bank
| ROE Ratio of TOWN drastically fell by -55.21 % this year. |
| ROE Ratio with value of 18.78 was highest in Year Dec-22 in last Five Years. |
| ROE Ratio with value of 8.24 was lowest in Year Dec-20 in last Five Years. |
| Latest ROE Ratio with value of 8.41 is lower than Average ROE of 11.05 in last five years. |
Other ROE Related Info of TOWN that may interest you.
Towne Bank Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| TOWN | 27.19 | 27.05 | 0.518 % | 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
| Mild Profitability | |
FY - Historical Return On Equity of Towne Bank
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| ROE | 8.41 | 18.78 | 11.34 | 8.24 | 8.46 | 8.77 | 7.75 |
| Change | -55.21 % | 65.61 % | 37.67 % | -2.62 % | -3.56 % | 13.18 % | 23.89 % |
FY Chart of Return On Equity of Towne Bank
Note : All Data Generated at the End of Trading Hours (EOD Data)