Glen Return On Equity from 2010 to 2024

GLBZ Stock  USD 5.66  0.10  1.74%   
Glen Burnie Return On Equity yearly trend continues to be fairly stable with very little volatility. Return On Equity will likely drop to 0.05 in 2024. Return On Equity is a measure of the profitability of Glen Burnie Bancorp in relation to the equity, calculated by dividing net income by shareholder's equity. View All Fundamentals
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
0.07394567
Current Value
0.0524
Quarterly Volatility
0.04431324
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Glen Burnie financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Glen Burnie's main balance sheet or income statement drivers, such as Depreciation And Amortization of 675 K, Interest Expense of 1.1 M or Selling General Administrative of 6.9 M, as well as many indicators such as Price To Sales Ratio of 1.13, Dividend Yield of 0.07 or PTB Ratio of 1.33. Glen financial statements analysis is a perfect complement when working with Glen Burnie Valuation or Volatility modules.
  
Check out the analysis of Glen Burnie Correlation against competitors.

Latest Glen Burnie's Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Glen Burnie Bancorp over the last few years. Return on Equity is the amount of Glen Burnie Bancorp net income returned as a percentage of Glen Burnie equity. Return on equity measures Glen Burnie profitability by revealing how much profit Glen Burnie Bancorp generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Glen Burnie's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Glen Burnie's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.029810 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

Glen Return On Equity Regression Statistics

Arithmetic Mean0.05
Coefficient Of Variation86.19
Mean Deviation0.03
Median0.05
Standard Deviation0.04
Sample Variance0
Range0.1928
R-Value0.33
Mean Square Error0
R-Squared0.11
Significance0.23
Slope0
Total Sum of Squares0.03

Glen Return On Equity History

2024 0.0524
2023 0.0739
2022 0.11
2021 0.0704
2020 0.045
2019 0.0448
2018 0.0465

About Glen Burnie Financial Statements

Glen Burnie investors use historical fundamental indicators, such as Glen Burnie's Return On Equity, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Glen Burnie. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Equity 0.07  0.05 

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Additional Tools for Glen Stock Analysis

When running Glen Burnie's price analysis, check to measure Glen Burnie's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Glen Burnie is operating at the current time. Most of Glen Burnie's value examination focuses on studying past and present price action to predict the probability of Glen Burnie's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Glen Burnie's price. Additionally, you may evaluate how the addition of Glen Burnie to your portfolios can decrease your overall portfolio volatility.