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 6.89% is 29% below its 5-year average of 9.77%, near the low end of its 5-year range (6.89%–12.09%).
As of the fiscal period ended Tuesday, June 30, 2026. 19.41% below its 12-month average of 8.56%.
Trailing-twelve-month return on equity at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 6.89%.
RETURN ON EQUITY (ROE)
6.89%
RETURN ON EQUITY (ROE) AVG TTM
8.56%
RETURN ON EQUITY (ROE) AVG 3Y
8.73%
RETURN ON EQUITY (ROE) AVG 5Y
9.77%
RETURN ON EQUITY (ROE) AVG 10Y
9.39%
RETURN ON EQUITY (ROE) AVG 15Y
8.94%
RETURN ON EQUITY (ROE) AVG 20Y
8.88%
CURRENT VS TTM AVG
-19.41%
CURRENT VS 3Y AVG
-20.99%
CURRENT VS 5Y AVG
-29.40%
CURRENT VS 10Y AVG
-26.55%
CURRENT VS 15Y AVG
-22.85%
CURRENT VS 20Y AVG
-22.35%
SECTOR MEDIAN · FINANCIAL SERVICES
8.76%
median of 677 covered companies
CURRENT VS SECTOR MEDIAN
-21.29%
vs the sector median at left
First Merchants Corporation
Market Cap
$2.49B
Return on Equity (ROE)
6.89%
TTM Avg
8.56%
3Y Avg
8.73%
5Y Avg
9.77%
Market Cap
$2.49B
Return on Equity (ROE)
7.76%
TTM Avg
5.99%
3Y Avg
8.45%
5Y Avg
8.45%
Market Cap
$2.49B
Return on Equity (ROE)
9.69%
TTM Avg
6.85%
3Y Avg
8.64%
5Y Avg
8.63%
Market Cap
$2.48B
Return on Equity (ROE)
4.86%
TTM Avg
1.69%
3Y Avg
3.76%
5Y Avg
4.88%
Market Cap
$2.53B
Return on Equity (ROE)
11.22%
TTM Avg
11.93%
3Y Avg
13.84%
5Y Avg
16.21%
Market Cap
$2.44B
Return on Equity (ROE)
-56.75%
TTM Avg
-27.14%
3Y Avg
-13.95%
5Y Avg
1.02%
Market Cap
$2.58B
Return on Equity (ROE)
-9.19%
TTM Avg
-4.92%
3Y Avg
-8.20%
5Y Avg
-7.02%
Market Cap
$2.39B
Return on Equity (ROE)
11.22%
TTM Avg
11.93%
3Y Avg
13.84%
5Y Avg
16.21%
| NAME | MARKET CAP | RETURN ON EQUITY (ROE) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| First Merchants Corporation (FRME) | $2.49B | 6.89% | 8.56% | 8.73% | 9.77% |
| First Bancorp (FBNC)vs › | $2.49B | 7.76% | 5.99% | 8.45% | 8.45% |
| First Busey Corporation (BUSE)vs › | $2.49B | 9.69% | 6.85% | 8.64% | 8.63% |
| Columbia Financial, Inc. (CLBK)vs › | $2.48B | 4.86% | 1.69% | 3.76% | 4.88% |
| Merchants Bancorp (MBINM)vs › | $2.53B | 11.22% | 11.93% | 13.84% | 16.21% |
| Oxford Lane Capital Corp. (OXLCM)vs › | $2.44B | -56.75% | -27.14% | -13.95% | 1.02% |
| WaFd, Inc. (WAFDP)vs › | $2.57B | 8.49% | 7.05% | 8.78% | 8.73% |
| The Baldwin Insurance Group, Inc. (BWIN)vs › | $2.58B | -9.19% | -4.92% | -8.20% | -7.02% |
| Merchants Bancorp (MBINL)vs › | $2.39B | 11.22% | 11.93% | 13.84% | 16.21% |
| Merchants Bancorp (MBINN)vs › | $2.39B | 11.22% | 11.93% | 13.84% | 16.21% |
ROE
6.9%
ROA
0.9%
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 | 6.89% |
| 2026-03-31 | 7.44% |
| 2025-12-31 | 9.16% |
| 2025-09-30 | 9.67% |
| 2025-06-30 | 9.61% |
| 2025-03-31 | 8.95% |
| 2024-12-31 | 8.74% |
| 2024-09-30 | 7.80% |
| 2024-06-30 | 8.44% |
| 2024-03-31 | 9.33% |
| 2023-12-31 | 9.96% |
| 2023-09-30 | 12.05% |
| 2023-06-30 | 12.09% |
| 2023-03-31 | 11.19% |
| 2022-12-31 | 10.91% |
| 2022-09-30 | 10.44% |
| 2022-06-30 | 9.51% |
| 2022-03-31 | 11.32% |
| 2021-12-31 | 10.75% |
| 2021-09-30 | 10.86% |
| 2021-06-30 | 9.96% |
| 2021-03-31 | 9.07% |
| 2020-12-31 | 7.92% |
| 2020-09-30 | 8.25% |
| 2020-06-30 | 8.39% |
| 2020-03-31 | 8.99% |
| 2019-12-31 | 9.21% |
| 2019-09-30 | 9.05% |
| 2019-06-30 | 10.83% |
| 2019-03-31 | 11.08% |
| 2018-12-31 | 11.30% |
| 2018-09-30 | 10.42% |
| 2018-06-30 | 9.33% |
| 2018-03-31 | 8.34% |
| 2017-12-31 | 7.37% |
| 2017-09-30 | 7.32% |
| 2017-06-30 | 8.76% |
| 2017-03-31 | 9.31% |
| 2016-12-31 | 8.99% |
| 2016-09-30 | 8.10% |
| 2016-06-30 | 7.77% |
| 2016-03-31 | 7.71% |
| 2015-12-31 | 7.69% |
| 2015-09-30 | 8.67% |
| 2015-06-30 | 8.74% |
| 2015-03-31 | 8.48% |
| 2014-12-31 | 8.28% |
| 2014-09-30 | 8.23% |
| 2014-06-30 | 7.55% |
| 2014-03-31 | 7.10% |
| 2013-12-31 | 7.01% |
| 2013-09-30 | 8.45% |
| 2013-06-30 | 8.20% |
| 2013-03-31 | 7.91% |
| 2012-12-31 | 8.17% |
| 2012-09-30 | 7.75% |
| 2012-06-30 | 7.07% |
| 2012-03-31 | 6.47% |
| 2011-12-31 | 4.91% |
| 2011-09-30 | 4.24% |
| 2010-06-30 | -3.04% |
| 2010-03-31 | -8.85% |
| 2009-12-31 | -8.79% |
| 2009-09-30 | -6.37% |
| 2009-06-30 | -4.15% |
| 2009-03-31 | 3.27% |
| 2008-12-31 | 5.21% |
| 2008-09-30 | 8.44% |
| 2008-06-30 | 9.31% |
| 2008-03-31 | 9.17% |
| 2007-12-31 | 9.31% |
| 2007-09-30 | 9.01% |
| 2007-06-30 | 8.97% |
| 2007-03-31 | 9.27% |
| 2006-12-31 | 9.23% |
| 2006-09-30 | 9.33% |
| 2006-06-30 | 9.76% |
| 2006-03-31 | 9.84% |
| 2005-12-31 | 9.65% |
| 2005-09-30 | 9.48% |
| 2005-06-30 | 9.45% |
| 2005-03-31 | 9.35% |
| 2004-12-31 | 9.35% |
| 2004-09-30 | 8.85% |
| 2004-06-30 | 9.02% |
| 2004-03-31 | 9.33% |
| 2003-12-31 | 9.07% |
| 2003-09-30 | 9.41% |
| 2003-06-30 | 9.58% |
