Mercantile Bank Return on Tangible Equity 2010-2024 | MBWM
Current and historical return on tangible equity values for Mercantile Bank (MBWM) over the last 10 years. Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.
| Mercantile Bank Return On Tangible Equity Historical Data |
| Date |
TTM Net Income |
Tangible Equity |
Return on Tangible Equity |
| 2024-06-30 |
$0.08B |
$0.50B |
17.30% |
| 2024-03-31 |
$0.08B |
$0.49B |
18.21% |
| 2023-12-31 |
$0.08B |
$0.47B |
18.71% |
| 2023-09-30 |
$0.08B |
$0.43B |
20.10% |
| 2023-06-30 |
$0.08B |
$0.43B |
19.70% |
| 2023-03-31 |
$0.07B |
$0.42B |
18.28% |
| 2022-12-31 |
$0.06B |
$0.39B |
16.02% |
| 2022-09-30 |
$0.05B |
$0.37B |
13.27% |
| 2022-06-30 |
$0.05B |
$0.38B |
12.72% |
| 2022-03-31 |
$0.06B |
$0.39B |
14.05% |
| 2021-12-31 |
$0.06B |
$0.41B |
14.77% |
| 2021-09-30 |
$0.06B |
$0.40B |
15.42% |
| 2021-06-30 |
$0.06B |
$0.40B |
14.61% |
| 2021-03-31 |
$0.05B |
$0.39B |
12.52% |
| 2020-12-31 |
$0.05B |
$0.39B |
11.94% |
| 2020-09-30 |
$0.04B |
$0.38B |
11.88% |
| 2020-06-30 |
$0.05B |
$0.37B |
12.65% |
| 2020-03-31 |
$0.05B |
$0.37B |
13.74% |
| 2019-12-31 |
$0.05B |
$0.36B |
14.38% |
| 2019-09-30 |
$0.05B |
$0.35B |
14.54% |
| 2019-06-30 |
$0.05B |
$0.35B |
13.95% |
| 2019-03-31 |
$0.04B |
$0.33B |
13.31% |
| 2018-12-31 |
$0.04B |
$0.32B |
13.18% |
| 2018-09-30 |
$0.04B |
$0.32B |
12.03% |
| 2018-06-30 |
$0.04B |
$0.32B |
11.57% |
| 2018-03-31 |
$0.03B |
$0.31B |
11.10% |
| 2017-12-31 |
$0.03B |
$0.31B |
10.32% |
| 2017-09-30 |
$0.03B |
$0.31B |
10.56% |
| 2017-06-30 |
$0.03B |
$0.30B |
10.71% |
| 2017-03-31 |
$0.03B |
$0.29B |
10.85% |
| 2016-12-31 |
$0.03B |
$0.28B |
11.32% |
| 2016-09-30 |
$0.03B |
$0.29B |
10.70% |
| 2016-06-30 |
$0.03B |
$0.28B |
10.56% |
| 2016-03-31 |
$0.03B |
$0.28B |
10.74% |
| 2015-12-31 |
$0.03B |
$0.27B |
10.08% |
| 2015-09-30 |
$0.03B |
$0.27B |
10.17% |
| 2015-06-30 |
$0.03B |
$0.27B |
9.90% |
| 2015-03-31 |
$0.02B |
$0.27B |
8.13% |
| 2014-12-31 |
$0.02B |
$0.26B |
7.80% |
| 2014-09-30 |
$0.02B |
$0.25B |
8.36% |
| 2014-06-30 |
$0.01B |
$0.25B |
7.90% |
| 2014-03-31 |
$0.02B |
$0.16B |
10.46% |
| 2013-12-31 |
$0.02B |
$0.15B |
10.60% |
| 2013-09-30 |
$0.01B |
$0.15B |
9.36% |
| 2013-06-30 |
$0.01B |
$0.15B |
9.44% |
| 2013-03-31 |
$0.01B |
$0.15B |
8.78% |
| 2012-12-31 |
$0.01B |
$0.15B |
7.88% |
| 2012-09-30 |
$0.04B |
$0.15B |
24.88% |
| 2012-06-30 |
$0.04B |
$0.15B |
25.20% |
| 2012-03-31 |
$0.04B |
$0.17B |
25.33% |
| 2011-12-31 |
$0.04B |
$0.17B |
25.71% |
| 2011-09-30 |
$0.00B |
$0.14B |
0.77% |
| 2011-06-30 |
$-0.01B |
$0.13B |
-6.17% |
| 2011-03-31 |
$-0.01B |
$0.13B |
-8.35% |
| 2010-12-31 |
$-0.02B |
$0.13B |
-11.15% |
| 2010-09-30 |
$-0.05B |
$0.14B |
-33.33% |
| 2010-06-30 |
$-0.05B |
$0.14B |
-30.98% |
| 2010-03-31 |
$-0.05B |
$0.14B |
-32.03% |
| 2009-12-31 |
$-0.05B |
$0.14B |
-31.14% |
| Sector |
Industry |
Market Cap |
Revenue |
| Finance |
Banks - Midwest |
$0.811B |
$0.304B |
|
Mercantile Bank Corporation serves businesses and consumers across Grand Rapids and Kent County with a full range of mortgage, lending, deposit and checking products and services in a friendly, hometown banking environment.
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