Mercantile Bank (MBWM) Return on Sales (2010 - 2026)

Mercantile Bank (MBWM) has 17 years of Return on Sales data on file, last reported at 0.09% in Q1 2026.

• For the quarter ending Q1 2026, Return on Sales fell 10.0% year-over-year to 0.09%; the trailing twelve-month figure through Mar 2026 stood at 1.08% (up 43.0% YoY), and the FY2025 full-year result was 1.01%, up 75.0% from the prior year.
• Return on Sales for Q1 2026 stood at 0.09%, up from 0.04% in the prior quarter.
• Across five years, Return on Sales topped out at 1.09% in Q2 2023 and bottomed at 1.37% in Q4 2022.
• The 5-year median for Return on Sales is 0.11% (2024), against an average of 0.14%.
• The widest annual swing landed in 2022, when Return on Sales slumped 147 bps; it then soared 146 bps in 2023.
• A 5-year view of Return on Sales shows it stood at 1.37% in 2022, then surged by 107 bps to 0.09% in 2023, then tumbled by 212 bps to 0.1% in 2024, then surged by 63 bps to 0.04% in 2025, then surged by 342 bps to 0.09% in 2026.
• The last three Return on Sales figures came in at 0.09% (Q1 2026), 0.04% (Q4 2025), and 0.12% (Q3 2025), per Business Quant data.

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