Mercantile Bank (MBWM) Debt Ratio (2016 - 2025)
Historic Debt Ratio for Mercantile Bank (MBWM) over the last 14 years, with Q3 2025 value amounting to 0.05.
- Mercantile Bank's Debt Ratio fell 2213.96% to 0.05 in Q3 2025 from the same period last year, while for Sep 2025 it was 0.01, marking a year-over-year decrease of 2487.34%. This contributed to the annual value of 0.06 for FY2024, which is 2682.77% down from last year.
- According to the latest figures from Q3 2025, Mercantile Bank's Debt Ratio is 0.05, which was down 2213.96% from 0.06 recorded in Q2 2025.
- In the past 5 years, Mercantile Bank's Debt Ratio registered a high of 0.09 during Q2 2023, and its lowest value of 0.05 during Q3 2025.
- Moreover, its 5-year median value for Debt Ratio was 0.07 (2022), whereas its average is 0.07.
- As far as peak fluctuations go, Mercantile Bank's Debt Ratio soared by 3816.18% in 2023, and later crashed by 2709.32% in 2025.
- Mercantile Bank's Debt Ratio (Quarter) stood at 0.07 in 2021, then decreased by 11.06% to 0.06 in 2022, then skyrocketed by 38.16% to 0.09 in 2023, then decreased by 26.83% to 0.06 in 2024, then decreased by 14.19% to 0.05 in 2025.
- Its last three reported values are 0.05 in Q3 2025, 0.06 for Q2 2025, and 0.06 during Q1 2025.