Mercantile Bank ROE 2010-2025 | 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
2025-03-31 $0.08B $0.61B 13.58%
2024-12-31 $0.08B $0.59B 14.36%
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 $0.727B $0.362B
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 $23.314B 12.18
Commerce Bancshares (CBSH) United States $8.278B 15.02
Wintrust Financial (WTFC) United States $8.038B 11.88
UMB Financial (UMBF) United States $7.828B 10.88
Old National Bancorp (ONB) United States $6.702B 11.27
Associated Banc-Corp (ASB) United States $3.892B 10.48
First Interstate BancSystem (FIBK) United States $2.879B 13.01
First Financial Bancorp (FFBC) United States $2.287B 8.98
First Merchants (FRME) United States $2.159B 10.37
First Busey (BUSE) United States $2.039B 10.45
Enterprise Financial Services (EFSC) United States $1.975B 10.42
Lakeland Financial (LKFN) United States $1.548B 17.98
1st Source (SRCE) United States $1.522B 10.65
German American Bancorp (GABC) United States $1.439B 12.93
QCR Holdings (QCRH) United States $1.127B 9.55
Peoples Bancorp (PEBO) United States $1.067B 9.23
FirstSun Capital Bancorp (FSUN) United States $0.963B 10.09
Old Second Bancorp (OSBC) United States $0.770B 9.19
Independent Bank (IBCP) United States $0.651B 10.00
First Financial Indiana (THFF) United States $0.626B 11.43
MidWestOne Financial (MOFG) United States $0.608B 11.55
Farmers National Banc (FMNB) United States $0.507B 10.06
First Business Financial Services (FBIZ) United States $0.407B 9.37
Civista Bancshares (CIVB) United States $0.354B 10.05
Heartland BancCorp (HLAN) United States $0.326B 16.39
First Western Financial (MYFW) United States $0.202B 20.01
Ames National (ATLO) United States $0.160B 14.09
Ohio Valley Banc (OVBC) United States $0.150B 11.85
Eagle Bancorp Montana (EBMT) United States $0.132B 11.77
CSB Bancorp (CSBB) United States $0.115B 10.86
BNCCORP (BNCC) United States $0.101B 12.59
United Bancshares (UBOH) United States $0.083B 8.15
United Bancorp (UBCP) United States $0.079B 10.95
Central Plains Bancshares (CPBI) United States $0.063B 0.00