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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) Return on Equity: 2012-2024

Historic Return on Equity for Mercantile Bank (MBWM) over the last 10 years, with Dec 2024 value amounting to 0.14%.

  • Mercantile Bank's Return on Equity fell 1.00% to 0.13% in Q3 2025 from the same period last year, while for Sep 2025 it was 0.13%, marking a year-over-year decrease of 1.00%. This contributed to the annual value of 0.14% for FY2024, which is 2.00% down from last year.
  • Mercantile Bank's Return on Equity amounted to 0.14% in FY2024, which was down 14.00% from 0.17% recorded in FY2023.
  • In the past 5 years, Mercantile Bank's Return on Equity registered a high of 0.17% during FY2023, and its lowest value of 0.09% during FY2020.
  • For the 3-year period, Mercantile Bank's Return on Equity averaged around 0.15%, with its median value being 0.14% (2024).
  • Per our database at Business Quant, Mercantile Bank's Return on Equity fell by 3bps in 2020 and then climbed by 4bps in 2021.
  • Over the past 5 years, Mercantile Bank's Return on Equity (Yearly) stood at 0.09% in 2020, then grew by 4bps to 0.13% in 2021, then remained steady at 0.13% in 2022, then grew by 3bps to 0.17% in 2023, then fell by 2bps to 0.14% in 2024.