Return on Equity ROE: Meaning, Formula, Limitations
According to the Federal Deposit Insurance Corporation (FDIC), the average ROE for the banking industry during the same period was 13.57%. The ROE of the entire stock market as measured by the S&P 500 was 16.38% in the third quarter of 2023, as reported by CSI Market. The first, critical component of deciding how to invest …
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