OCEANFIRST FINANCIAL CORP Annual Return On Equity in % from 2021 to 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
Oceanfirst Financial Corp quarterly/annual Return On Equity history and growth rate from 2021 to 2024.
  • Oceanfirst Financial Corp Return On Equity for the quarter ending December 31, 2024 was 5.94 %, a 6.75% decline year-over-year.
  • Oceanfirst Financial Corp annual Return On Equity for 2024 was 5.94 %, a 6.75% decline from 2023.
  • Oceanfirst Financial Corp annual Return On Equity for 2023 was 6.37 %, a 33% decline from 2022.
  • Oceanfirst Financial Corp annual Return On Equity for 2022 was 9.51 %, a 30.4% increase from 2021.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2024 5.94 -0.43 -6.75% Jan 1, 2024 Dec 31, 2024
2023 6.37 -3.14 -33% Jan 1, 2023 Dec 31, 2023
2022 9.51 +2.22 +30.4% Jan 1, 2022 Dec 31, 2022
2021 7.29 Jan 1, 2021 Dec 31, 2021
* An asterisk sign (*) next to the value indicates that the value is likely invalid.