Return On Equity
Net income divided by total equity. Measures profitability by showing how efficiently invested capital is being used.
"Return On Equity" In Context
"LEBANON — LCNB National Bank has been recognized for its "outstanding" three-year average return on equity by American Banker Magazine in its May edition, the bank said. LCNB is ranked 53rd for its return on equity out of 200 community banks and thrifts ..." This Insurance Word is available for Sponsorship Sponsor this Definition Today.