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 7.73% is in line with its 5-year average of 7.12%, around the middle of its 5-year range (4.01%–9.61%).
As of the fiscal period ended Tuesday, June 30, 2026. 22.74% above its 12-month average of 6.29%.
Trailing-twelve-month return on equity at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 7.73%.
RETURN ON EQUITY (ROE)
7.73%
RETURN ON EQUITY (ROE) AVG TTM
6.29%
RETURN ON EQUITY (ROE) AVG 3Y
7.14%
RETURN ON EQUITY (ROE) AVG 5Y
7.12%
RETURN ON EQUITY (ROE) AVG 10Y
8.19%
RETURN ON EQUITY (ROE) AVG 15Y
8.59%
RETURN ON EQUITY (ROE) AVG 20Y
8.51%
CURRENT VS TTM AVG
+22.74%
CURRENT VS 3Y AVG
+8.21%
CURRENT VS 5Y AVG
+8.53%
CURRENT VS 10Y AVG
-5.70%
CURRENT VS 15Y AVG
-10.09%
CURRENT VS 20Y AVG
-9.26%
SECTOR MEDIAN · FINANCIAL SERVICES
8.77%
median of 604 covered companies
CURRENT VS SECTOR MEDIAN
-11.91%
vs the sector median at left
Independent Bank Corp.
Market Cap
$3.84B
Return on Equity (ROE)
7.73%
TTM Avg
6.29%
3Y Avg
7.14%
5Y Avg
7.12%
Market Cap
$3.86B
Return on Equity (ROE)
28.21%
TTM Avg
28.77%
3Y Avg
30.29%
5Y Avg
28.91%
Market Cap
$3.80B
Return on Equity (ROE)
69.29%
TTM Avg
83.90%
3Y Avg
-57.71%
5Y Avg
-80.63%
Market Cap
$3.72B
Return on Equity (ROE)
12.87%
TTM Avg
13.16%
3Y Avg
14.15%
5Y Avg
13.37%
Market Cap
$3.69B
Return on Equity (ROE)
2.43%
TTM Avg
3.04%
3Y Avg
4.77%
5Y Avg
4.29%
Market Cap
$4.04B
Return on Equity (ROE)
11.40%
TTM Avg
10.41%
3Y Avg
12.09%
5Y Avg
11.66%
Market Cap
$3.61B
Return on Equity (ROE)
12.87%
TTM Avg
13.16%
3Y Avg
14.15%
5Y Avg
13.37%
Market Cap
$3.53B
Return on Equity (ROE)
12.69%
TTM Avg
7.11%
3Y Avg
15.46%
5Y Avg
11.02%
Market Cap
$4.15B
Return on Equity (ROE)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | RETURN ON EQUITY (ROE) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Independent Bank Corp. (INDB) | $3.84B | 7.73% | 6.29% | 7.14% | 7.12% |
| CorVel Corporation (CRVL)vs › | $3.86B | 28.21% | 28.77% | 30.29% | 28.91% |
| Sezzle Inc. (SEZL)vs › | $3.80B | 69.29% | 83.90% | -57.71% | -80.63% |
| BFC Capital Trust II PFD TR 7.20% (BANFP)vs › | $3.72B | 12.87% | 13.16% | 14.15% | 13.37% |
| Genworth Financial, Inc. (GNW)vs › | $3.69B | 2.43% | 3.04% | 4.77% | 4.29% |
| Cathay General Bancorp (CATY)vs › | $4.04B | 11.40% | 10.41% | 12.09% | 11.66% |
| BancFirst Corporation (BANF)vs › | $3.61B | 12.87% | 13.16% | 14.15% | 13.37% |
| Brighthouse Financial, Inc. (BHFAM)vs › | $3.53B | 12.69% | 7.11% | 15.46% | 11.02% |
| Defiance Quantum ETF (QTUM)vs › | $4.15B | N/A | N/A | N/A | N/A |
| Brighthouse Financial, Inc. (BHFAN)vs › | $3.50B | 12.69% | 7.11% | 15.46% | 11.02% |
ROE
7.7%
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 | 7.73% |
| 2026-03-31 | 6.79% |
| 2025-12-31 | 5.75% |
| 2025-09-30 | 5.07% |
| 2025-06-30 | 6.13% |
| 2025-03-31 | 6.22% |
| 2024-12-31 | 6.42% |
| 2024-09-30 | 6.61% |
| 2024-06-30 | 7.36% |
| 2024-03-31 | 7.84% |
| 2023-12-31 | 8.27% |
| 2023-09-30 | 9.07% |
| 2023-06-30 | 9.56% |
| 2023-03-31 | 9.61% |
| 2022-12-31 | 9.14% |
| 2022-09-30 | 6.69% |
| 2022-06-30 | 5.45% |
| 2022-03-31 | 4.46% |
| 2021-12-31 | 4.01% |
| 2021-09-30 | 8.77% |
| 2021-06-30 | 8.54% |
| 2021-03-31 | 7.94% |
| 2020-12-31 | 7.12% |
| 2020-09-30 | 7.93% |
| 2020-06-30 | 9.03% |
| 2020-03-31 | 9.33% |
| 2019-12-31 | 9.67% |
| 2019-09-30 | 8.78% |
| 2019-06-30 | 7.87% |
| 2019-03-31 | 11.71% |
| 2018-12-31 | 11.33% |
| 2018-09-30 | 11.39% |
| 2018-06-30 | 10.70% |
| 2018-03-31 | 9.84% |
| 2017-12-31 | 9.24% |
| 2017-09-30 | 8.84% |
| 2017-06-30 | 8.63% |
| 2017-03-31 | 8.98% |
| 2016-12-31 | 8.86% |
| 2016-09-30 | 9.65% |
| 2016-06-30 | 9.58% |
| 2016-03-31 | 9.40% |
| 2015-12-31 | 8.42% |
| 2015-09-30 | 8.10% |
| 2015-06-30 | 7.89% |
| 2015-03-31 | 7.63% |
| 2014-12-31 | 9.34% |
| 2014-09-30 | 8.68% |
| 2014-06-30 | 8.66% |
| 2014-03-31 | 8.53% |
| 2013-12-31 | 8.50% |
| 2013-09-30 | 8.93% |
| 2013-06-30 | 8.57% |
| 2013-03-31 | 7.94% |
| 2012-12-31 | 8.05% |
| 2012-09-30 | 8.89% |
| 2012-06-30 | 9.14% |
| 2012-03-31 | 9.70% |
| 2011-12-31 | 9.69% |
| 2011-09-30 | 10.00% |
| 2011-06-30 | 9.94% |
| 2011-03-31 | 9.42% |
| 2010-12-31 | 9.22% |
| 2010-09-30 | 8.81% |
| 2010-06-30 | 7.87% |
| 2010-03-31 | 6.18% |
| 2009-12-31 | 5.57% |
| 2009-09-30 | 4.16% |
| 2009-06-30 | 4.75% |
| 2009-03-31 | 6.11% |
| 2008-12-31 | 7.85% |
| 2008-09-30 | 9.41% |
| 2008-06-30 | 9.39% |
| 2008-03-31 | 9.33% |
| 2007-12-31 | 12.87% |
| 2007-09-30 | 13.42% |
| 2007-06-30 | 13.67% |
| 2007-03-31 | 14.25% |
| 2006-12-31 | 14.30% |
| 2006-09-30 | 14.98% |
| 2006-06-30 | 15.47% |
| 2006-03-31 | 14.62% |
| 2005-12-31 | 14.55% |
| 2005-09-30 | 15.15% |
| 2005-06-30 | 15.15% |
| 2005-03-31 | 15.19% |
| 2004-12-31 | 14.60% |
| 2004-09-30 | 14.19% |
| 2004-06-30 | 16.05% |
| 2004-03-31 | 16.98% |
| 2003-12-31 | 15.38% |
| 2003-09-30 | 15.49% |
| 2003-06-30 | 15.54% |
