Mercantile Bank ROE 2010-2024 | MBWM

Current and historical return on equity (ROE) values for Mercantile Bank (MBWM) over the last 10 years. Return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.
Mercantile Bank ROE - Return on Equity Historical Data
Date TTM Net Income Shareholder's Equity Return on Equity
2024-09-30 $0.08B $0.58B 14.77%
2024-06-30 $0.08B $0.55B 15.67%
2024-03-31 $0.08B $0.54B 16.43%
2023-12-31 $0.08B $0.52B 16.81%
2023-09-30 $0.08B $0.48B 17.97%
2023-06-30 $0.08B $0.48B 17.53%
2023-03-31 $0.07B $0.47B 16.20%
2022-12-31 $0.06B $0.44B 14.17%
2022-09-30 $0.05B $0.42B 11.74%
2022-06-30 $0.05B $0.43B 11.27%
2022-03-31 $0.06B $0.44B 12.47%
2021-12-31 $0.06B $0.46B 13.10%
2021-09-30 $0.06B $0.45B 13.65%
2021-06-30 $0.06B $0.45B 12.90%
2021-03-31 $0.05B $0.44B 11.03%
2020-12-31 $0.05B $0.44B 10.48%
2020-09-30 $0.04B $0.43B 10.40%
2020-06-30 $0.05B $0.43B 11.04%
2020-03-31 $0.05B $0.42B 11.94%
2019-12-31 $0.05B $0.42B 12.44%
2019-09-30 $0.05B $0.41B 12.52%
2019-06-30 $0.05B $0.40B 11.96%
2019-03-31 $0.04B $0.38B 11.37%
2018-12-31 $0.04B $0.38B 11.22%
2018-09-30 $0.04B $0.38B 10.22%
2018-06-30 $0.04B $0.38B 9.78%
2018-03-31 $0.03B $0.37B 9.35%
2017-12-31 $0.03B $0.37B 8.65%
2017-09-30 $0.03B $0.36B 8.80%
2017-06-30 $0.03B $0.36B 8.89%
2017-03-31 $0.03B $0.35B 8.97%
2016-12-31 $0.03B $0.34B 9.32%
2016-09-30 $0.03B $0.35B 8.78%
2016-06-30 $0.03B $0.35B 8.61%
2016-03-31 $0.03B $0.34B 8.72%
2015-12-31 $0.03B $0.33B 8.15%
2015-09-30 $0.03B $0.33B 8.19%
2015-06-30 $0.03B $0.33B 7.93%
2015-03-31 $0.02B $0.33B 6.47%
2014-12-31 $0.02B $0.33B 6.41%
2014-09-30 $0.02B $0.32B 7.17%
2014-06-30 $0.01B $0.32B 7.21%
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 $0.813B $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.
Stock Name Country Market Cap PE Ratio
Huntington Bancshares (HBAN) United States $25.991B 15.16
Commerce Bancshares (CBSH) United States $9.450B 19.19
Wintrust Financial (WTFC) United States $9.115B 14.35
Old National Bancorp (ONB) United States $6.906B 11.83
UMB Financial (UMBF) United States $6.100B 13.63
Associated Banc-Corp (ASB) United States $4.131B 12.82
First Interstate BancSystem (FIBK) United States $3.595B 14.57
Heartland Financial USA (HTLF) United States $2.896B 14.68
First Financial Bancorp (FFBC) United States $2.851B 11.80
First Merchants (FRME) United States $2.584B 13.15
Enterprise Financial Services (EFSC) United States $2.255B 12.71
Lakeland Financial (LKFN) United States $1.923B 21.48
1st Source (SRCE) United States $1.625B 12.63
QCR Holdings (QCRH) United States $1.563B 13.11
First Busey (BUSE) United States $1.553B 13.19
German American Bancorp (GABC) United States $1.364B 16.59
Peoples Bancorp (PEBO) United States $1.273B 9.90
FirstSun Capital Bancorp (FSUN) United States $1.049B 0.00
Old Second Bancorp (OSBC) United States $0.839B 10.06
Independent Bank (IBCP) United States $0.804B 12.50
MidWestOne Financial (MOFG) United States $0.700B 19.26
Farmers National Banc (FMNB) United States $0.593B 12.05
First Financial Indiana (THFF) United States $0.588B 13.50
First Business Financial Services (FBIZ) United States $0.419B 10.83
Civista Bancshares (CIVB) United States $0.360B 11.39
Heartland BancCorp (HLAN) United States $0.330B 16.74
First Western Financial (MYFW) United States $0.207B 34.47
Fentura Financial (FETM) United States $0.200B 21.11
Eagle Bancorp Montana (EBMT) United States $0.137B 15.80
Ohio Valley Banc (OVBC) United States $0.131B 11.23
BNCCORP (BNCC) United States $0.108B 13.80
CSB Bancorp (CSBB) United States $0.103B 9.13
United Bancorp (UBCP) United States $0.076B 9.57
United Bancshares (UBOH) United States $0.066B 7.82
Central Plains Bancshares (CPBI) United States $0.059B 0.00
Ames National (ATLO) United States $0.000B 16.47