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
2024-06-30 $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 $25.787B 15.04
Commerce Bancshares (CBSH) United States $9.225B 18.73
Wintrust Financial (WTFC) United States $8.845B 13.93
Old National Bancorp (ONB) United States $7.148B 12.25
UMB Financial (UMBF) United States $6.173B 13.80
Associated Banc-Corp (ASB) United States $4.181B 12.98
First Interstate BancSystem (FIBK) United States $3.547B 14.38
Heartland Financial USA (HTLF) United States $2.954B 14.97
First Financial Bancorp (FFBC) United States $2.831B 11.72
First Merchants (FRME) United States $2.609B 13.27
Enterprise Financial Services (EFSC) United States $2.235B 12.59
Lakeland Financial (LKFN) United States $1.926B 21.51
1st Source (SRCE) United States $1.641B 12.75
First Busey (BUSE) United States $1.557B 13.23
QCR Holdings (QCRH) United States $1.549B 12.99
German American Bancorp (GABC) United States $1.368B 16.65
Peoples Bancorp (PEBO) United States $1.272B 9.89
FirstSun Capital Bancorp (FSUN) United States $1.018B 0.00
Old Second Bancorp (OSBC) United States $0.832B 9.98
Independent Bank (IBCP) United States $0.815B 12.66
Farmers National Banc (FMNB) United States $0.599B 12.16
First Financial Indiana (THFF) United States $0.591B 13.56
MidWestOne Financial (MOFG) United States $0.528B 19.14
First Business Financial Services (FBIZ) United States $0.420B 10.87
Civista Bancshares (CIVB) United States $0.366B 11.57
Heartland BancCorp (HLAN) United States $0.342B 17.35
Fentura Financial (FETM) United States $0.202B 21.33
First Western Financial (MYFW) United States $0.197B 32.85
Eagle Bancorp Montana (EBMT) United States $0.136B 15.76
Ohio Valley Banc (OVBC) United States $0.114B 9.82
CSB Bancorp (CSBB) United States $0.104B 9.14
BNCCORP (BNCC) United States $0.100B 12.72
United Bancorp (UBCP) United States $0.079B 9.59
United Bancshares (UBOH) United States $0.064B 7.67
Central Plains Bancshares (CPBI) United States $0.061B 0.00
Ames National (ATLO) United States $0.000B 17.06