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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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Magyar Bancorp, Inc. quarterly/annual Return On Equity history and change rate from 2021 to Q2 2023.
- Magyar Bancorp, Inc. Return On Equity for the quarter ending 30 Jun 2023 was 7 %.
- Magyar Bancorp, Inc. annual Return On Equity for 2022 was 7 %, a 9.94% decline from 2021.
Return On Equity, Quarterly (%)
Return On Equity, Annual (%)
Return On Equity, YoY Annual Change (%)