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 11.22% is 27% below its 5-year average of 15.33%, near the low end of its 5-year range (9.59%–21.55%).
As of the fiscal period ended Tuesday, June 30, 2026. 5.30% above its 12-month average of 10.66%.
Trailing-twelve-month return on equity at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 11.22%.
RETURN ON EQUITY (ROE)
11.22%
RETURN ON EQUITY (ROE) AVG TTM
10.66%
RETURN ON EQUITY (ROE) AVG 3Y
13.74%
RETURN ON EQUITY (ROE) AVG 5Y
15.33%
RETURN ON EQUITY (ROE) AVG 10Y
15.63%
RETURN ON EQUITY (ROE) AVG 15Y
N/A
RETURN ON EQUITY (ROE) AVG 20Y
N/A
CURRENT VS TTM AVG
+5.30%
CURRENT VS 3Y AVG
-18.34%
CURRENT VS 5Y AVG
-26.81%
CURRENT VS 10Y AVG
-28.21%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · FINANCIAL SERVICES
8.99%
median of 548 covered companies
CURRENT VS SECTOR MEDIAN
+24.81%
vs the sector median at left
Merchants Bancorp
Market Cap
$2.54B
Return on Equity (ROE)
11.22%
TTM Avg
10.66%
3Y Avg
13.74%
5Y Avg
15.33%
Market Cap
$2.52B
Return on Equity (ROE)
6.89%
TTM Avg
8.95%
3Y Avg
9.69%
5Y Avg
9.57%
Market Cap
$2.51B
Return on Equity (ROE)
4.86%
TTM Avg
1.69%
3Y Avg
3.76%
5Y Avg
4.88%
Market Cap
$2.50B
Return on Equity (ROE)
9.69%
TTM Avg
6.85%
3Y Avg
8.64%
5Y Avg
8.63%
Market Cap
$2.50B
Return on Equity (ROE)
7.76%
TTM Avg
5.99%
3Y Avg
8.45%
5Y Avg
8.45%
Market Cap
$2.58B
Return on Equity (ROE)
-9.19%
TTM Avg
-4.92%
3Y Avg
-8.20%
5Y Avg
-7.02%
Market Cap
$2.44B
Return on Equity (ROE)
-56.75%
TTM Avg
-27.14%
3Y Avg
-13.95%
5Y Avg
1.02%
Market Cap
$2.64B
Return on Equity (ROE)
11.02%
TTM Avg
9.07%
3Y Avg
9.86%
5Y Avg
10.10%
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 |
|---|---|---|---|---|---|
| Merchants Bancorp (MBINM) | $2.54B | 11.22% | 10.66% | 13.74% | 15.33% |
| First Merchants Corporation (FRME)vs › | $2.52B | 6.89% | 8.95% | 9.69% | 9.57% |
| Columbia Financial, Inc. (CLBK)vs › | $2.51B | 4.86% | 1.69% | 3.76% | 4.88% |
| First Busey Corporation (BUSE)vs › | $2.50B | 9.69% | 6.85% | 8.64% | 8.63% |
| First Bancorp (FBNC)vs › | $2.50B | 7.76% | 5.99% | 8.45% | 8.45% |
| The Baldwin Insurance Group, Inc. (BWIN)vs › | $2.58B | -9.19% | -4.92% | -8.20% | -7.02% |
| Oxford Lane Capital Corp. (OXLCM)vs › | $2.44B | -56.75% | -27.14% | -13.95% | 1.02% |
| NBT Bancorp Inc. (NBTB)vs › | $2.64B | 11.02% | 9.07% | 9.86% | 10.10% |
| Merchants Bancorp (MBINL)vs › | $2.39B | 11.22% | 11.93% | 13.84% | 16.21% |
| Merchants Bancorp (MBINN)vs › | $2.38B | 11.22% | 11.93% | 13.84% | 16.21% |
ROE
11.2%
ROA
1.3%
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 | 11.22% |
| 2026-03-31 | 9.80% |
| 2025-12-31 | 9.59% |
| 2025-09-30 | 11.08% |
| 2025-06-30 | 11.59% |
| 2025-03-31 | 13.49% |
| 2024-12-31 | 14.28% |
| 2024-09-30 | 15.58% |
| 2024-06-30 | 17.08% |
| 2024-03-31 | 17.53% |
| 2023-12-31 | 16.42% |
| 2023-09-30 | 15.86% |
| 2023-06-30 | 15.12% |
| 2023-03-31 | 14.91% |
| 2022-12-31 | 15.05% |
| 2022-09-30 | 15.42% |
| 2022-06-30 | 17.73% |
| 2022-03-31 | 18.11% |
| 2021-12-31 | 19.66% |
| 2021-09-30 | 20.88% |
| 2021-06-30 | 21.55% |
| 2021-03-31 | 21.55% |
| 2020-12-31 | 22.27% |
| 2020-09-30 | 19.92% |
| 2020-06-30 | 16.39% |
| 2020-03-31 | 13.57% |
| 2019-12-31 | 11.83% |
| 2019-09-30 | 9.96% |
| 2019-06-30 | 11.49% |
| 2019-03-31 | 12.22% |
| 2018-12-31 | 14.93% |
| 2018-09-30 | 16.64% |
| 2018-06-30 | 15.65% |
| 2018-03-31 | 15.96% |
| 2017-12-31 | 14.88% |
| 2017-09-30 | 17.72% |
| 2017-06-30 | 19.53% |
| 2017-03-31 | 17.27% |
| 2016-12-31 | 15.86% |
