Mercantile Bank (MBWM) Debt to Equity (2016 - 2025)
Historic Debt to Equity for Mercantile Bank (MBWM) over the last 14 years, with Q3 2025 value amounting to $0.53.
- Mercantile Bank's Debt to Equity fell 2637.09% to $0.53 in Q3 2025 from the same period last year, while for Sep 2025 it was $0.53, marking a year-over-year decrease of 2637.09%. This contributed to the annual value of $0.66 for FY2024, which is 2610.26% down from last year.
- Per Mercantile Bank's latest filing, its Debt to Equity stood at $0.53 for Q3 2025, which was down 2637.09% from $0.56 recorded in Q2 2025.
- Mercantile Bank's Debt to Equity's 5-year high stood at $0.98 during Q2 2023, with a 5-year trough of $0.53 in Q3 2025.
- In the last 5 years, Mercantile Bank's Debt to Equity had a median value of $0.82 in 2021 and averaged $0.79.
- Per our database at Business Quant, Mercantile Bank's Debt to Equity skyrocketed by 2831.87% in 2023 and then tumbled by 2774.12% in 2025.
- Over the past 5 years, Mercantile Bank's Debt to Equity (Quarter) stood at $0.82 in 2021, then decreased by 14.75% to $0.7 in 2022, then increased by 28.32% to $0.9 in 2023, then decreased by 26.1% to $0.66 in 2024, then fell by 20.5% to $0.53 in 2025.
- Its Debt to Equity was $0.53 in Q3 2025, compared to $0.56 in Q2 2025 and $0.6 in Q1 2025.