Mercantile Bank Return on Tangible Equity 2010-2025 | 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
2025-06-30 $0.08B $0.58B 15.02%
2025-03-31 $0.08B $0.56B 14.84%
2024-12-31 $0.08B $0.54B 15.74%
2024-09-30 $0.08B $0.53B 16.23%
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 $0.775B $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
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Commerce Bancshares (CBSH) United States $8.269B 14.76
Associated Banc-Corp (ASB) United States $4.201B 10.69
First Interstate BancSystem (FIBK) United States $3.169B 13.61
First Financial Bancorp (FFBC) United States $2.434B 9.24
First Merchants (FRME) United States $2.280B 10.21
Enterprise Financial Services (EFSC) United States $2.118B 10.82
First Busey (BUSE) United States $2.069B 10.06
Lakeland Financial (LKFN) United States $1.634B 17.44
1st Source (SRCE) United States $1.508B 10.53
German American Bancorp (GABC) United States $1.505B 12.78
QCR Holdings (QCRH) United States $1.276B 10.80
Peoples Bancorp (PEBO) United States $1.057B 9.87
FirstSun Capital Bancorp (FSUN) United States $1.018B 10.57
Old Second Bancorp (OSBC) United States $0.925B 9.34
First Financial Indiana (THFF) United States $0.658B 10.62
Independent Bank (IBCP) United States $0.650B 10.23
MidWestOne Financial (MOFG) United States $0.592B 11.12
Farmers National Banc (FMNB) United States $0.534B 10.27
First Business Financial Services (FBIZ) United States $0.414B 9.32
Civista Bancshares (CIVB) United States $0.388B 8.10
First Western Financial (MYFW) United States $0.210B 18.15
Ames National (ATLO) United States $0.171B 12.50
Ohio Valley Banc (OVBC) United States $0.169B 12.23
Eagle Bancorp Montana (EBMT) United States $0.135B 10.59
CSB Bancorp (CSBB) United States $0.119B 9.32
BNCCORP (BNCC) United States $0.106B 12.72
United Bancshares (UBOH) United States $0.087B 7.66
United Bancorp (UBCP) United States $0.082B 11.17
Central Plains Bancshares (CPBI) United States $0.065B 15.53