Basis: Trailing twelve months (TTM net income over the latest quarterly balance sheet). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the return on assets (ROA) high or low?
The return on assets (ROA) of 1.40% is 12% above its 5-year average of 1.25%, near the high end of its 5-year range (0.99%–1.54%).
6.87% above its 12-month average of 1.31%.
Reported quarterly return on assets; no daily interpolation. Q2 FY2026 (2026-06-30): 0.38%.
RETURN ON ASSETS (ROA)
1.40%
RETURN ON ASSETS (ROA) AVG TTM
1.31%
RETURN ON ASSETS (ROA) AVG 3Y
1.35%
RETURN ON ASSETS (ROA) AVG 5Y
1.25%
RETURN ON ASSETS (ROA) AVG 10Y
1.19%
RETURN ON ASSETS (ROA) AVG 15Y
1.12%
RETURN ON ASSETS (ROA) AVG 20Y
1.06%
CURRENT VS TTM AVG
+6.87%
CURRENT VS 3Y AVG
+3.51%
CURRENT VS 5Y AVG
+11.70%
CURRENT VS 10Y AVG
+18.01%
CURRENT VS 15Y AVG
+24.68%
CURRENT VS 20Y AVG
+31.71%
SECTOR MEDIAN · FINANCIAL SERVICES
1.23%
median of 710 covered companies
CURRENT VS SECTOR MEDIAN
+13.36%
vs the sector median at left
Mercantile Bank Corporation
Market Cap
$1.02B
Return on Assets (ROA)
1.40%
TTM Avg
1.31%
3Y Avg
1.35%
5Y Avg
1.25%
Market Cap
$1.02B
Return on Assets (ROA)
1.14%
TTM Avg
0.83%
3Y Avg
0.96%
5Y Avg
0.93%
Market Cap
$1.02B
Return on Assets (ROA)
2.10%
TTM Avg
2.23%
3Y Avg
2.26%
5Y Avg
1.99%
Market Cap
$1.01B
Return on Assets (ROA)
0.21%
TTM Avg
0.62%
3Y Avg
0.78%
5Y Avg
0.77%
Market Cap
$1.01B
Return on Assets (ROA)
1.04%
TTM Avg
0.95%
3Y Avg
0.97%
5Y Avg
0.95%
Market Cap
$1.00B
Return on Assets (ROA)
1.14%
TTM Avg
0.83%
3Y Avg
0.96%
5Y Avg
0.93%
Market Cap
$1.00B
Return on Assets (ROA)
1.77%
TTM Avg
1.61%
3Y Avg
1.63%
5Y Avg
1.74%
Market Cap
$1.03B
Return on Assets (ROA)
1.48%
TTM Avg
1.47%
3Y Avg
1.92%
5Y Avg
3.18%
Market Cap
$1.04B
Return on Assets (ROA)
2.06%
TTM Avg
2.00%
3Y Avg
1.85%
5Y Avg
2.23%
| NAME | MARKET CAP | RETURN ON ASSETS (ROA) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Mercantile Bank Corporation (MBWM) | $1.02B | 1.40% | 1.31% | 1.35% | 1.25% |
| CNB Financial Corporation (CCNEP)vs › | $1.02B | 1.14% | 0.83% | 0.96% | 0.93% |
| Esquire Financial Holdings, Inc. (ESQ)vs › | $1.02B | 2.10% | 2.23% | 2.26% | 1.99% |
| OceanFirst Financial Corp. (OCFC)vs › | $1.01B | 0.21% | 0.62% | 0.78% | 0.77% |
| Business First Bancshares, Inc. (BFST)vs › | $1.01B | 1.04% | 0.95% | 0.97% | 0.95% |
| CNB Financial Corporation (CCNE)vs › | $1.00B | 1.14% | 0.83% | 0.96% | 0.93% |
| MetroCity Bankshares, Inc. (MCBS)vs › | $1.00B | 1.77% | 1.61% | 1.63% | 1.74% |
| Oaktree Specialty Lending Corporation (OCSL)vs › | $1.03B | 1.48% | 1.47% | 1.92% | 3.18% |
| Northeast Bank (NBN)vs › | $1.04B | 2.06% | 2.00% | 1.85% | 2.23% |
| Horizon Bancorp, Inc. (HBNC)vs › | $992.02M | -2.19% | -0.94% | -0.09% | 0.33% |
ROA
1.4%
ROE
12.6%
ROA = Net Income / Total Assets
Return on assets measures how efficiently a company generates profit from its total assets.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | RETURN ON ASSETS (ROA) |
|---|---|
| 2025-12-31 | 1.30% |
| 2024-12-31 | 1.32% |
| 2023-12-31 | 1.54% |
| 2022-12-31 | 1.25% |
| 2021-12-31 | 1.12% |
| 2020-12-31 | 0.99% |
| 2019-12-31 | 1.36% |
| 2018-12-31 | 1.25% |
| 2017-12-31 | 0.95% |
| 2016-12-31 | 1.04% |
| 2015-12-31 | 0.93% |
| 2014-12-31 | 0.60% |
| 2013-12-31 | 1.19% |
| 2012-12-31 | 0.88% |
| 2011-12-31 | 2.62% |
| 2010-12-31 | -0.82% |
| 2009-12-31 | -2.73% |
| 2008-12-31 | -0.22% |
| 2007-12-31 | 0.42% |
| 2006-12-31 | 0.96% |
| 2005-12-31 | 0.97% |
| 2004-12-31 | 0.89% |
| 2003-12-31 | 0.83% |
| 2002-12-31 | 0.84% |
| 2001-12-31 | 0.64% |
| 2000-12-31 | 0.55% |
| 1999-12-31 | 0.57% |
| 1998-12-31 | -0.51% |
