What is ROE for Skyline Bankshares Inc in the third quarter 2023?
Skyline Bankshares Inc achieved a return on average equity (ROE) of
13.81 % in its third quarter 2023, this is above PKKW's average return on equity of 9.18%.
Skyline Bankshares Inc shareholder's equity over the 12 months ending in its third quarter 2023 are valued at $75 million
ROE decreased relative to the period ending , due to the decline in net income.
Within the
Regional Banks industry 60 other companies had a higher return on equity. While Return on equity, overall ranking has advanced in the quarter, so far to
820, from total ROE ranking in the second quarter 2023 at
1002.
What is ROE?