Bank's Return on Equity for Canada
DDEI06CAA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14.88
Year-over-Year Change
111.02%
Date Range
1/1/2000 - 1/1/2021
Summary
The Bank's Return on Equity for Canada measures the profitability of the Canadian banking sector. It is a key indicator of the financial health and efficiency of the Canadian banking industry.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Bank's Return on Equity (ROE) for Canada represents the ratio of net income to shareholders' equity for the Canadian banking sector. It is a widely used metric that demonstrates how effectively banks are generating profits with the capital invested by shareholders.
Methodology
The data is collected and calculated by the World Bank from financial statements of commercial banks in Canada.
Historical Context
The Bank's ROE for Canada is monitored by policymakers, regulators, and market analysts to assess the performance and stability of the Canadian financial system.
Key Facts
- The Bank's ROE for Canada averaged 15.8% from 2000 to 2020.
- Canadian banks have maintained consistently high ROE compared to other major economies.
- ROE is a key driver of bank stock valuations and dividend payouts.
FAQs
Q: What does this economic trend measure?
A: The Bank's Return on Equity for Canada measures the profitability of the Canadian banking sector by calculating the ratio of net income to shareholders' equity.
Q: Why is this trend relevant for users or analysts?
A: The Bank's ROE for Canada is an important indicator of the financial health and efficiency of the Canadian banking industry, and is closely monitored by policymakers, regulators, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank from financial statements of commercial banks in Canada.
Q: How is this trend used in economic policy?
A: The Bank's ROE for Canada is used by policymakers and regulators to assess the performance and stability of the Canadian financial system, which informs policy decisions.
Q: Are there update delays or limitations?
A: The Bank's ROE for Canada data is updated annually by the World Bank, and may have a delay of up to 2 years in reporting the most recent figures.
Related Trends
Production, Sales, Work Started and Orders: Construction Work Started on Dwellings: Economic Activity: Construction of Buildings for Canada
WSCNDW01CAA661S
Production: Construction: Total for Canada
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National Accounts: GDP by Expenditure: Current Prices: Government Final Consumption Expenditure for Canada
CANGFCEQDSMEI
Infra-Annual Labor Statistics: Employment Total: 15 Years or over for Canada
LFEMTTTTCAM647S
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CANLOCOSIORSTM
Infra-Annual Labor Statistics: Inactivity Rate Total: From 55 to 64 Years for Canada
LRIN55TTCAQ156N
Citation
U.S. Federal Reserve, Bank's Return on Equity for Canada (DDEI06CAA156NWDB), retrieved from FRED.