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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioInterest Coverage RatioInvested CapitalNet MarginReturn on AssetsReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

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.
  • Mercantile Bank's Debt to Equity amounted to $0.53 in Q3 2025, which was down 2637.09% from $0.56 recorded in Q2 2025.
  • Over the past 5 years, Mercantile Bank's Debt to Equity peaked at $0.98 during Q2 2023, and registered a low of $0.53 during Q3 2025.
  • For the 5-year period, Mercantile Bank's Debt to Equity averaged around $0.79, with its median value being $0.82 (2021).
  • Its Debt to Equity has fluctuated over the past 5 years, first surged by 2831.87% in 2023, then crashed by 2774.12% in 2025.
  • Over the past 5 years, Mercantile Bank's Debt to Equity (Quarter) stood at $0.82 in 2021, then fell by 14.75% to $0.7 in 2022, then rose by 28.32% to $0.9 in 2023, then fell by 26.1% to $0.66 in 2024, then dropped by 20.5% to $0.53 in 2025.
  • Its Debt to Equity stands at $0.53 for Q3 2025, versus $0.56 for Q2 2025 and $0.6 for Q1 2025.