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Taxonomy & unit
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ratio: %
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Description
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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.
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Summary
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CAMBRIDGE BANCORP quarterly/annual Return On Equity history and change rate from Q2 2017 to Q1 2024.
- CAMBRIDGE BANCORP Return On Equity for the quarter ending 31 Mar 2024 was 5 %, a 50% decline year-over-year.
- CAMBRIDGE BANCORP annual Return On Equity for 2023 was 6 %, a 43.8% decline from 2022.
- CAMBRIDGE BANCORP annual Return On Equity for 2022 was 11 %, a 10% decline from 2021.
- CAMBRIDGE BANCORP annual Return On Equity for 2021 was 12 %, a 47.3% increase from 2020.
Return On Equity, Quarterly (%)
Return On Equity, YoY Quarterly Change (%)
Return On Equity, Annual (%)
Return On Equity, YoY Annual Change (%)