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Grove Bank & Trust: Return on Average Equity

6.77% Ranks #3,026 of 3,650 U.S. banks · 17th percentile

Data as of · sourced from FFIEC call reports. How we update

Grove Bank & Trust reported a return on average equity of 6.77% as of Q2 2026, ranking #3,026 of 3,650 U.S. banks (17th percentile). Return on Equity (ROE) is the rate of return banks earn on common shareholders' equity, the standard equity-investor measure of bank profitability.

12-Quarter Trend

Q3 2023 Latest
Q2 2026 6.77%
Q1 2026 7.15%
Q4 2025 6.90%
Q3 2025 8.37%
Q2 2025 5.19%
Q1 2025 3.72%
Q4 2024 4.29%
Q3 2024 2.60%
Q2 2024 1.72%
Q1 2024 -1.60%
Q4 2023 -6.67%
Q3 2023 0.04%

National Context

Latest value 6.77%
National rank#3,026 of 3,650
Percentile 17th
12-quarter low-6.67%
12-quarter high8.37%
Full rankingView leaderboard

What is the Return on Average Equity?

Return on Average Equity measures net income against the bank's average shareholders' equity. It is the most-watched profitability metric for equity investors, the rate of return earned on the shareholders' invested capital.

Most healthy US community banks report ROE between 8% and 15%. Above 15% is excellent. Below 6% means the bank is likely destroying value relative to its cost of equity (typically estimated at 8–10% for community banks).

Full definition & formula →

Frequently asked questions

What is Grove Bank & Trust's Return on Average Equity?

Grove Bank & Trust's Return on Average Equity was 6.77% as of Q2 2026, ranking #3026 of 3,650 U.S. banks.

What is the Return on Average Equity?

Return on Average Equity measures net income against the bank's average shareholders' equity. It is the most-watched profitability metric for equity investors, the rate of return earned on the shareholders' invested capital.

Source: FFIEC call reports, standardized by BankRegReports. Values are point-in-time as filed. See the full Grove Bank & Trust profile or how this data updates. The figures come from the bank's call report.

Regulator records: FDIC BankFind (cert 8018) · FFIEC NIC profile (RSSD 648130)