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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 Sales: 2009-2024

Historic Return on Sales for Mercantile Bank (MBWM) over the last 16 years, with Dec 2024 value amounting to 8.98%.

  • Mercantile Bank's Return on Sales rose 54.00% to 9.36% in Q3 2025 from the same period last year, while for Sep 2025 it was 9.36%, marking a year-over-year increase of 54.00%. This contributed to the annual value of 8.98% for FY2024, which is 2.00% down from last year.
  • According to the latest figures from FY2024, Mercantile Bank's Return on Sales is 8.98%, which was down 0.19% from 8.99% recorded in FY2023.
  • Over the past 5 years, Mercantile Bank's Return on Sales peaked at 8.99% during FY2023, and registered a low of 6.68% during FY2020.
  • Over the past 3 years, Mercantile Bank's median Return on Sales value was 8.98% (recorded in 2024), while the average stood at 8.41%.
  • Its Return on Sales has fluctuated over the past 5 years, first plummeted by 167bps in 2020, then spiked by 173bps in 2023.
  • Mercantile Bank's Return on Sales (Yearly) stood at 6.68% in 2020, then soared by 117bps to 7.85% in 2021, then slumped by 59bps to 7.27% in 2022, then surged by 173bps to 8.99% in 2023, then dropped by 2bps to 8.98% in 2024.