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

Mercantile Bank has reported Return on Sales for 17 years, with the latest figure 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.
• The five-year high for Return on Sales was 1.09% in Q2 2023, with the low at 1.37% in Q4 2022.
• Historically, Return on Sales has averaged 0.14% across 5 years, with a median of 0.11% in 2024.
• Annual changes were most pronounced in 2022 — Return on Sales plunged 147 bps — and 2023, when it soared 146 bps.
• Mercantile Bank's Return on Sales stood at 1.37% in 2022, then jumped by 107 bps to 0.09% in 2023, then plunged by 212 bps to 0.1% in 2024, then jumped by 63 bps to 0.04% in 2025, then jumped 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.