Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Others
Ratios
Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioInterest Coverage RatioInvested CapitalMarket CapitalizationNet MarginReturn on AssetsReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Mercantile Bank (MBWM) Equity Ratio: 2012-2024

Historic Equity Ratio for Mercantile Bank (MBWM) over the last 11 years, with Dec 2024 value amounting to 0.10.

  • Mercantile Bank's Equity Ratio rose 5.75% to 0.10 in Q3 2025 from the same period last year, while for Sep 2025 it was 0.10, marking a year-over-year increase of 5.75%. This contributed to the annual value of 0.10 for FY2024, which is 0.98% down from last year.
  • Latest data reveals that Mercantile Bank reported Equity Ratio of 0.10 as of FY2024, which was down 0.98% from 0.10 recorded in FY2023.
  • Mercantile Bank's 5-year Equity Ratio high stood at 0.10 for FY2020, and its period low was 0.09 during FY2021.
  • For the 3-year period, Mercantile Bank's Equity Ratio averaged around 0.09, with its median value being 0.10 (2024).
  • Per our database at Business Quant, Mercantile Bank's Equity Ratio dropped by 13.22% in 2020 and then grew by 7.67% in 2023.
  • Yearly analysis of 5 years shows Mercantile Bank's Equity Ratio stood at 0.10 in 2020, then decreased by 12.74% to 0.09 in 2021, then increased by 4.32% to 0.09 in 2022, then grew by 7.67% to 0.10 in 2023, then decreased by 0.98% to 0.10 in 2024.