Return on equity of de Volksbank N.V. 2012-2023
The return on equity (ROE) of de Volksbank N.V. fluctuated between 2012 and 2023. After hitting its lowest point in 2013 at minus 69 percent, ROE of de Volksbank N.V. started to increase, albeit with some fluctuations. In 2023, de Volksbank reached a ROE of 11.4 percent, which was well above its target of eight percent for 2025. De Volksbank is a bank holding company in the Netherlands that emerged from a merger of the four brands ASN Bank, BLG Wonen, RegioBank and SNS in 2017. De Volksbank as a brand does not exist in the Netherlands. Instead, the parent company still uses the four brands.