Basis: Trailing twelve months (TTM), to the latest fiscal quarter end. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the return on equity (ROE) high or low?
The return on equity (ROE) of 10.40% is 18% above its 5-year average of 8.80%, near the high end of its 5-year range (6.62%–11.76%).
As of the fiscal period ended Tuesday, June 30, 2026. 12.62% above its 12-month average of 9.24%.
Trailing-twelve-month return on equity at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 10.40%.
RETURN ON EQUITY (ROE)
10.40%
RETURN ON EQUITY (ROE) AVG TTM
9.24%
RETURN ON EQUITY (ROE) AVG 3Y
8.22%
RETURN ON EQUITY (ROE) AVG 5Y
8.80%
RETURN ON EQUITY (ROE) AVG 10Y
8.79%
RETURN ON EQUITY (ROE) AVG 15Y
8.63%
RETURN ON EQUITY (ROE) AVG 20Y
8.37%
CURRENT VS TTM AVG
+12.62%
CURRENT VS 3Y AVG
+26.52%
CURRENT VS 5Y AVG
+18.19%
CURRENT VS 10Y AVG
+18.39%
CURRENT VS 15Y AVG
+20.47%
CURRENT VS 20Y AVG
+24.25%
SECTOR MEDIAN · FINANCIAL SERVICES
9.22%
median of 535 covered companies
CURRENT VS SECTOR MEDIAN
+12.83%
vs the sector median at left
Farmers & Merchants Bancorp, Inc.
Market Cap
$489.46M
Return on Equity (ROE)
10.40%
TTM Avg
9.24%
3Y Avg
8.22%
5Y Avg
8.80%
Market Cap
$490.53M
Return on Equity (ROE)
6.02%
TTM Avg
3.73%
3Y Avg
0.51%
5Y Avg
2.98%
Market Cap
$492.85M
Return on Equity (ROE)
7.31%
TTM Avg
8.65%
3Y Avg
9.23%
5Y Avg
6.91%
Market Cap
$496.43M
Return on Equity (ROE)
11.34%
TTM Avg
8.15%
3Y Avg
10.29%
5Y Avg
9.66%
Market Cap
$497.10M
Return on Equity (ROE)
15.66%
TTM Avg
15.72%
3Y Avg
17.67%
5Y Avg
16.19%
Market Cap
$473.69M
Return on Equity (ROE)
1.78%
TTM Avg
0.10%
3Y Avg
0.10%
5Y Avg
0.10%
Market Cap
$472.59M
Return on Equity (ROE)
N/A
TTM Avg
0.14%
3Y Avg
54.26%
5Y Avg
54.26%
Market Cap
$471.39M
Return on Equity (ROE)
3.06%
TTM Avg
0.67%
3Y Avg
0.45%
5Y Avg
0.45%
Market Cap
$507.62M
Return on Equity (ROE)
15.46%
TTM Avg
14.83%
3Y Avg
16.28%
5Y Avg
14.23%
| NAME | MARKET CAP | RETURN ON EQUITY (ROE) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Farmers & Merchants Bancorp, Inc. (FMAO) | $489.46M | 10.40% | 9.24% | 8.22% | 8.80% |
| Ponce Financial Group, Inc. (PDLB)vs › | $490.53M | 6.02% | 3.73% | 0.51% | 2.98% |
| Greenlight Capital Re, Ltd. (GLRE)vs › | $492.85M | 7.31% | 8.65% | 9.23% | 6.91% |
| ChoiceOne Financial Services, Inc. (COFS)vs › | $496.43M | 11.34% | 8.15% | 10.29% | 9.66% |
| Private Bancorp of America, Inc. (PBAM)vs › | $497.10M | 15.66% | 15.72% | 17.67% | 16.19% |
| Crane Harbor Acquisition Corp. II Class A Ordinary Shares (CRAN)vs › | $473.69M | 1.78% | 0.10% | 0.10% | 0.10% |
| Gores Holdings X, Inc. (GTEN)vs › | $472.59M | N/A | 0.14% | 54.26% | 54.26% |
| Cantor Equity Partners IV, Inc. Class A Ordinary Shares (CEPF)vs › | $471.39M | 3.06% | 0.67% | 0.45% | 0.45% |
| Orange County Bancorp, Inc. (OBT)vs › | $507.62M | 15.46% | 14.83% | 16.28% | 14.23% |
| Churchill Capital Corp XI (CCXI)vs › | $517.05M | -50.02% | 0.10% | 0.10% | 0.10% |
ROE
10.4%
ROA
1.1%
ROE = Net Income / Total Shareholders' Equity
Return on equity measures how efficiently a company generates profit from shareholders' equity. Higher ROE indicates better capital efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | RETURN ON EQUITY (ROE) |
|---|---|
| 2026-06-30 | 10.40% |
| 2026-03-31 | 9.56% |
| 2025-12-31 | 8.98% |
| 2025-09-30 | 8.82% |
| 2025-06-30 | 8.43% |
| 2025-03-31 | 7.99% |
| 2024-12-31 | 7.74% |
| 2024-09-30 | 6.89% |
| 2024-06-30 | 6.62% |
| 2024-03-31 | 6.82% |
| 2023-12-31 | 7.20% |
| 2023-09-30 | 8.06% |
| 2023-06-30 | 9.39% |
| 2023-03-31 | 10.10% |
| 2022-12-31 | 10.91% |
| 2022-09-30 | 11.76% |
| 2022-06-30 | 10.67% |
| 2022-03-31 | 9.32% |
| 2021-12-31 | 7.91% |
| 2021-09-30 | 8.87% |
| 2021-06-30 | 8.41% |
| 2021-03-31 | 8.47% |
| 2020-12-31 | 8.07% |
| 2020-09-30 | 7.41% |
| 2020-06-30 | 7.45% |
| 2020-03-31 | 8.15% |
| 2019-12-31 | 7.99% |
| 2019-09-30 | 7.42% |
| 2019-06-30 | 7.35% |
| 2019-03-31 | 6.64% |
| 2018-12-31 | 10.43% |
| 2018-09-30 | 10.90% |
| 2018-06-30 | 10.57% |
| 2018-03-31 | 10.12% |
| 2017-12-31 | 9.48% |
| 2017-09-30 | 9.39% |
| 2017-06-30 | 9.35% |
| 2017-03-31 | 9.41% |
| 2016-12-31 | 9.29% |
| 2016-09-30 | 8.86% |
| 2016-06-30 | 8.69% |
| 2016-03-31 | 8.53% |
| 2015-12-31 | 8.61% |
| 2015-09-30 | 8.56% |
| 2015-06-30 | 8.63% |
| 2015-03-31 | 8.62% |
| 2014-12-31 | 8.43% |
| 2014-09-30 | 8.28% |
| 2014-06-30 | 8.02% |
| 2014-03-31 | 8.12% |
| 2013-12-31 | 8.31% |
| 2013-09-30 | 8.58% |
| 2013-06-30 | 8.97% |
| 2013-03-31 | 8.73% |
| 2012-12-31 | 8.88% |
| 2012-09-30 | 9.22% |
| 2012-06-30 | 9.08% |
| 2012-03-31 | 8.36% |
| 2011-12-31 | 8.10% |
| 2011-09-30 | 7.53% |
| 2011-06-30 | 8.04% |
| 2011-03-31 | 8.03% |
| 2010-12-31 | 7.39% |
| 2010-09-30 | 7.23% |
| 2010-06-30 | 6.45% |
| 2010-03-31 | 6.55% |
| 2009-12-31 | 7.06% |
| 2009-09-30 | 6.17% |
| 2009-06-30 | 6.87% |
| 2009-03-31 | 7.54% |
| 2008-12-31 | 7.42% |
| 2008-09-30 | 8.24% |
| 2008-06-30 | 8.23% |
| 2008-03-31 | 7.93% |
| 2007-12-31 | 8.65% |
| 2007-09-30 | 8.70% |
| 2007-06-30 | 9.31% |
| 2007-03-31 | 8.51% |
| 2006-12-31 | 8.56% |
| 2006-09-30 | 8.77% |
| 2006-06-30 | 9.15% |
| 2006-03-31 | 10.22% |
| 2005-12-31 | 10.39% |
| 2005-09-30 | 10.33% |
| 2005-06-30 | 10.36% |
| 2005-03-31 | 10.48% |
| 2004-12-31 | 10.44% |
| 2004-09-30 | 10.55% |
| 2004-06-30 | 11.56% |
| 2004-03-31 | 12.72% |
| 2003-12-31 | 10.19% |
| 2003-09-30 | 12.42% |
| 2003-06-30 | 12.57% |
