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First Greenwich FinancialFGFI 66 ROE % is 10.16% as of Mar. 2026, which is 39% above its 10-year median of 7.30. GuruFocus rates FGFI with a GF Score™ of 66/100 and a GF Value™ of $21.09 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,528 Banks companies, First Greenwich Financial ranks worse than 63.87% on this metric.
The historical rank and industry rank for First Greenwich Financial's ROE % or its related term are showing as below:
FGFI'
s ROE % Range Over the Past 10 Years
Min: 3.53 Med: 7.3 Max: 16.3
Current: 8.3
During the past 9 years, First Greenwich Financial's highest ROE % was 16.30%. The lowest was 3.53%. And the median was 7.30%.
FGFI's ROE % is ranked worse than 63.87% of 1528
companies
in the Banks industry
Industry Median: 10.225
vs FGFI: 8.30
First Greenwich Financial (OTCPK:FGFI) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Banks - Regional subindustry, First Greenwich Financial's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
First Greenwich Financial ROE % vs Banks Industry
For the Banks industry and Financial Services sector, First Greenwich Financial's ROE % distribution charts can be found below:
* The bar in red indicates where First Greenwich Financial's ROE % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
First Greenwich Financial (FGFI) has a ROE % of 10.16% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on First Greenwich Financial and its competitors. This is 39% above median its historical median of 7.30. Over the past decade, First Greenwich Financial's ROE % has ranged from 3.53 to 16.30. According to the industry distribution chart, First Greenwich Financial ranks #976 out of 1528 companies in the Banks industry, placing it in the top 63.9%.
Is First Greenwich Financial's ROE % too high?
First Greenwich Financial's current ROE % of 10.16% is 39% above median its 10-year median of 7.30. Over the past 10 years, this metric has ranged from a low of 3.53 to a high of 16.30. The Banks industry median ROE % is 10.23. First Greenwich Financial's value of 10.16% is 0.6% below this industry median. Based on the distribution chart, First Greenwich Financial ranks #976 out of 1528 companies in the Banks industry, which is below the industry midpoint. Overall, First Greenwich Financial has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does First Greenwich Financial's ROE % compare to DENI and PVBK?
According to the Banks industry distribution chart, First Greenwich Financial ranks #976 out of 1528 companies for ROE %. This places First Greenwich Financial in the lower half of its industry. The industry median ROE % is 10.23. First Greenwich Financial's value of 10.16% is 0.6% below this benchmark. Historically, First Greenwich Financial's own ROE % has ranged from 3.53 to 16.30 over the past decade. While the company's 10-year median is 7.30 vs. the industry median of 10.23, First Greenwich Financial has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Banks company?
The median ROE % among Banks companies is 10.23, based on 1,528 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. First Greenwich Financial's current ROE % of 10.16% is 0.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on First Greenwich Financial and its competitors. For the Banks industry, the median ROE % is 10.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Greenwich Financial's current ROE % is 10.16%, which is 39% above median its own 10-year median of 7.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Greenwich Financial stock overvalued right now?
Based on GuruFocus' analysis, First Greenwich Financial (FGFI) is currently considered Fairly Valued. The stock's GF Value™ is $21.09, compared to a current price of $19.65 — trading 6.8% below its estimated fair value. The current ROE % is 10.16%, which is 39% above median its 10-year median of 7.30 and 0.6% below the Banks industry median of 10.23. First Greenwich Financial's overall GF Score™ is 66/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For First Greenwich Financial (FGFI), the current ROE % is 10.16% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is First Greenwich Financial (FGFI) Overvalued in 2026?
Based on GuruFocus' analysis, First Greenwich Financial stock appears to be undervalued.
The current stock price of $19.65 is trading 6.8% below its estimated GF Value™ of $21.09.
GuruFocus considers First Greenwich Financial to be Fairly Valued.
Key valuation signals for FGFI:
ROE %: 10.16% (39% above median its 10-year median of 7.30)
GF Value™: $21.09 vs. price of $19.65 (6.8% below fair value)
Industry Position: 0.6% below the Banks median (#976 of 1528)
No single metric tells the full story. See the FGFI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
First Greenwich Financial Inc is a United States-based company engaged in attracting deposits from the general public and investing those deposits in residential & commercial real estate loans and consumer & small business loans. It offers services including Certificate of Deposit, Checking, Courier Service, Online Banking, Retirement Accounts, and Lending services, among others.
66GF Score
Get the complete analysis for FGFI
ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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