What is ROE for Siebert Financial in the third quarter 2023?
Siebert Financial Corp achieved a return on average equity (ROE) of
6.23 % in its third quarter 2023, this is above SIEB's average return on equity of 5.43%.
Siebert Financial Corp shareholder's equity over the 12 months ending in its third quarter 2023 are valued at $57 million
While the company's net income was fading, Siebert Financial was able to improve its ROE compared to the first quarter 2023.
Within the
Investment Services industry 63 other companies had a higher return on equity. While Return on equity, overall ranking has advanced in the quarter, so far to
1736, from total ROE ranking in the first quarter 2023 at
2135.
What is ROE?