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Ratios
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) Return on Equity (2016 - 2026)

Mercantile Bank (MBWM) has disclosed Return on Equity for 11 consecutive years, with 0.13% as the latest value for Q1 2026.

  • For Q1 2026, Return on Equity changed 0.0% year-over-year to 0.13%; the TTM value through Mar 2026 reached 0.13%, changed 0.0%, while the annual FY2025 figure was 0.14%, 1.0% down from the prior year.
  • Return on Equity hit 0.13% in Q1 2026 for Mercantile Bank, down from 0.13% in the prior quarter.
  • Across five years, Return on Equity topped out at 0.17% in Q3 2023 and bottomed at 0.12% in Q2 2022.
  • Average Return on Equity over 5 years is 0.14%, with a median of 0.14% recorded in 2024.
  • Year-over-year, Return on Equity increased 5bps in 2023 and then dropped -3bps in 2024.
  • Mercantile Bank's Return on Equity stood at 0.14% in 2022, then increased by 17bps to 0.16% in 2023, then dropped by -17bps to 0.14% in 2024, then fell by -6bps to 0.13% in 2025, then dropped by -2bps to 0.13% in 2026.
  • According to Business Quant data, Return on Equity over the past three periods came in at 0.13%, 0.13%, and 0.13% for Q1 2026, Q4 2025, and Q3 2025 respectively.