Farmers & Merchants Bancshares, Inc. Annual Return On Equity in % from 2016 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
Farmers & Merchants Bancshares, Inc. quarterly/annual Return On Equity history and growth rate from 2016 to 2024.
  • Farmers & Merchants Bancshares, Inc. Return On Equity for the quarter ending December 31, 2024 was 7.67 %, a 39.9% decline year-over-year.
  • Farmers & Merchants Bancshares, Inc. annual Return On Equity for 2024 was 7.67 %, a 39.9% decline from 2023.
  • Farmers & Merchants Bancshares, Inc. annual Return On Equity for 2023 was 12.8 %, a 23.4% decline from 2022.
  • Farmers & Merchants Bancshares, Inc. annual Return On Equity for 2022 was 16.7 %, a 12.8% increase from 2021.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2024 7.67 -5.1 -39.9% Jan 1, 2024 Dec 31, 2024
2023 12.8 -3.91 -23.4% Jan 1, 2023 Dec 31, 2023
2022 16.7 +1.89 +12.8% Jan 1, 2022 Dec 31, 2022
2021 14.8 +9.57 +183% Jan 1, 2021 Dec 31, 2021
2020 5.22 -4.24 -44.8% Jan 1, 2020 Dec 31, 2020
2019 9.46 -1.26 -11.8% Jan 1, 2019 Dec 31, 2019
2018 10.7 +1.52 +16.5% Jan 1, 2018 Dec 31, 2018
2017 9.2 -0.98 -9.63% Jan 1, 2017 Dec 31, 2017
2016 10.2 Jan 1, 2016 Dec 31, 2016
* An asterisk sign (*) next to the value indicates that the value is likely invalid.