Return On Equity of SUMMIT FINANCIAL GROUP, INC. from 31 Dec 2011 to 31 Mar 2024

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
SUMMIT FINANCIAL GROUP, INC. quarterly and annual Return On Equity in % history and change rate from 31 Dec 2011 to 31 Mar 2024.
  • SUMMIT FINANCIAL GROUP, INC. Return On Equity for the quarter ending 31 Mar 2024 was 14%, a 15% decline year-over-year.
  • SUMMIT FINANCIAL GROUP, INC. annual Return On Equity for 2023 was 13%, a 14% decline from 2022.
  • SUMMIT FINANCIAL GROUP, INC. annual Return On Equity for 2022 was 16%, a 7.7% increase from 2021.
  • SUMMIT FINANCIAL GROUP, INC. annual Return On Equity for 2021 was 15%, a 24% increase from 2020.
Return On Equity, Quarterly (%)
Return On Equity, YoY Quarterly Change (%)
Return On Equity, Annual (%)
Return On Equity, YoY Annual Change (%)

SUMMIT FINANCIAL GROUP, INC. Quarterly Return On Equity (%)

Period Value YoY Chg Change % Start Date End Date
Q1 2024 14% -2% -15% 01 Jan 2024 31 Mar 2024
Q4 2023 13% -2% -14% 01 Oct 2023 31 Dec 2023
Q3 2023 14% 01 Jul 2023 30 Sep 2023
Q2 2023 14% 01 Apr 2023 30 Jun 2023
Q1 2023 16% 01 Jan 2023 31 Mar 2023
Q4 2022 16% 01 Oct 2022 31 Dec 2022
Q2 2012 6% 01 Apr 2012 30 Jun 2012
Q1 2012 6% 01 Jan 2012 31 Mar 2012
Q4 2011 4% 01 Oct 2011 31 Dec 2011

SUMMIT FINANCIAL GROUP, INC. Annual Return On Equity (%)

Period Value YoY Chg Change % Start Date End Date
2023 13% -2% -14% 01 Jan 2023 31 Dec 2023
2022 16% +1% +7.7% 01 Jan 2022 31 Dec 2022
2021 15% +3% +24% 01 Jan 2021 31 Dec 2021
2020 12% 01 Jan 2020 31 Dec 2020
2011 4% 01 Jan 2011 31 Dec 2011
* An asterisk sign (*) next to the value indicates that the value is likely invalid.