Between 2014 and 2023, the return on equity (ROE) of the banking industry in Latvia increased overall, despite periodic fluctuations. A notable drop in the ROE occurred in the second quarter of 2020 due to weak economic conditions caused by the COVID-19 pandemic. After this sharp decline, the ROE grew notably in the following quarters. In the third quarter of 2024, the ROE of the banking industry in Latvia stood at 19.9 percent, significantly lower than the ratios observed in the previous year.
Return on equity (ROE) of the banking industry in Latvia from 4th quarter 2014 to 3rd quarter 2024
The source adds the following information: Data includes subsidiaries. For example, the subsidiary in country X of a bank domiciled in country Y is included both in data for countries X and Y (for the latter as part of the consolidated entity). The sample of banks is unbalanced and reviewed annually.
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EBA. (December 16, 2024). Return on equity (ROE) of the banking industry in Latvia from 4th quarter 2014 to 3rd quarter 2024 [Graph]. In Statista. Retrieved March 15, 2025, from https://www.statista.com/statistics/1449703/latvia-banking-industry-roe-quarterly/?__sso_cookie_checker=failed
EBA. "Return on equity (ROE) of the banking industry in Latvia from 4th quarter 2014 to 3rd quarter 2024." Chart. December 16, 2024. Statista. Accessed March 15, 2025. https://www.statista.com/statistics/1449703/latvia-banking-industry-roe-quarterly/?__sso_cookie_checker=failed
EBA. (2024). Return on equity (ROE) of the banking industry in Latvia from 4th quarter 2014 to 3rd quarter 2024. Statista. Statista Inc.. Accessed: March 15, 2025. https://www.statista.com/statistics/1449703/latvia-banking-industry-roe-quarterly/?__sso_cookie_checker=failed
EBA. "Return on Equity (Roe) of The Banking Industry in Latvia from 4th Quarter 2014 to 3rd Quarter 2024." Statista, Statista Inc., 16 Dec 2024, https://www.statista.com/statistics/1449703/latvia-banking-industry-roe-quarterly/?__sso_cookie_checker=failed
EBA, Return on equity (ROE) of the banking industry in Latvia from 4th quarter 2014 to 3rd quarter 2024 Statista, https://www.statista.com/statistics/1449703/latvia-banking-industry-roe-quarterly/?__sso_cookie_checker=failed (last visited March 15, 2025)
Return on equity (ROE) of the banking industry in Latvia from 4th quarter 2014 to 3rd quarter 2024 [Graph], EBA, December 16, 2024. [Online]. Available: https://www.statista.com/statistics/1449703/latvia-banking-industry-roe-quarterly/?__sso_cookie_checker=failed
