Mercantile Bank ROA 2012-2026 | MBWM

Current and historical return on assets (ROA) values for Mercantile Bank (MBWM) over the last 10 years. Return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.
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Mercantile Bank ROA - Return on Assets Historical Data
Date TTM Net Income Total Assets Return on Assets
2026-03-31 $0.09B $6.57B 1.42%
2025-12-31 $0.09B $6.37B 1.41%
2025-09-30 $0.09B $6.17B 1.41%
2025-06-30 $0.08B $6.07B 1.37%
2025-03-31 $0.08B $5.93B 1.33%
2024-12-31 $0.08B $5.76B 1.41%
2024-09-30 $0.08B $5.59B 1.45%
2024-06-30 $0.08B $5.42B 1.51%
2024-03-31 $0.08B $5.30B 1.57%
2023-12-31 $0.08B $5.16B 1.59%
2023-09-30 $0.08B $5.04B 1.67%
2023-06-30 $0.08B $4.98B 1.59%
2023-03-31 $0.07B $4.96B 1.43%
2022-12-31 $0.06B $5.03B 1.21%
2022-09-30 $0.05B $5.13B 0.99%
2022-06-30 $0.05B $5.11B 0.98%
2022-03-31 $0.06B $5.04B 1.11%
2021-12-31 $0.06B $4.92B 1.20%
2021-09-30 $0.06B $4.72B 1.29%
2021-06-30 $0.06B $4.58B 1.24%
2021-03-31 $0.05B $4.47B 1.07%
2020-12-31 $0.05B $4.21B 1.07%
2020-09-30 $0.04B $4.01B 1.10%
2020-06-30 $0.05B $3.83B 1.20%
2020-03-31 $0.05B $3.64B 1.34%
2019-12-31 $0.05B $3.62B 1.38%
2019-09-30 $0.05B $3.55B 1.38%
2019-06-30 $0.05B $3.45B 1.33%
2019-03-31 $0.04B $3.38B 1.27%
2018-12-31 $0.04B $3.31B 1.27%
2018-09-30 $0.04B $3.29B 1.15%
2018-06-30 $0.04B $3.28B 1.10%
2018-03-31 $0.03B $3.25B 1.05%
2017-12-31 $0.03B $3.18B 0.98%
2017-09-30 $0.03B $3.13B 0.99%
2017-06-30 $0.03B $3.08B 1.01%
2017-03-31 $0.03B $3.04B 1.02%
2016-12-31 $0.03B $3.02B 1.06%
2016-09-30 $0.03B $2.97B 1.01%
2016-06-30 $0.03B $2.93B 0.99%
2016-03-31 $0.03B $2.90B 1.00%
2015-12-31 $0.03B $2.89B 0.94%
2015-09-30 $0.03B $2.88B 0.94%
2015-06-30 $0.03B $2.88B 0.90%
2015-03-31 $0.02B $2.88B 0.73%
2014-12-31 $0.02B $2.51B 0.72%
2014-09-30 $0.02B $2.15B 0.79%
2014-06-30 $0.01B $1.79B 0.78%
2014-03-31 $0.02B $1.40B 1.14%
2013-12-31 $0.02B $1.40B 1.15%
2013-09-30 $0.01B $1.39B 1.00%
2013-06-30 $0.01B $1.39B 1.01%
2013-03-31 $0.01B $1.40B 0.93%
2012-12-31 $0.01B $1.40B 0.86%
2012-09-30 $0.04B $1.40B 2.78%
2012-06-30 $0.04B $1.43B 2.74%
2012-03-31 $0.04B $1.46B 2.60%
2011-12-31 $0.04B $1.51B 2.39%
2011-09-30 $0.00B $1.56B 0.06%
2011-06-30 $-0.01B $1.64B -0.49%
2011-03-31 $-0.01B $1.71B -0.64%
2010-12-31 $-0.02B $1.79B -0.84%
2010-09-30 $-0.05B $1.86B -2.48%
2010-06-30 $-0.05B $1.91B -2.41%
2010-03-31 $-0.05B $1.97B -2.58%
2009-12-31 $-0.05B $2.06B -2.53%
2009-09-30 $-0.02B $2.13B -0.75%
2009-06-30 $-0.01B $2.18B -0.41%
2009-03-31 $-0.01B $2.21B -0.27%
2008-12-31 $-0.01B $2.17B -0.28%
2008-09-30 $-0.01B $2.15B -0.28%
2008-06-30 $-0.01B $2.13B -0.24%
2008-03-31 $0.00B $2.11B 0.00%
2007-12-31 $0.01B $2.11B 0.38%
2007-09-30 $0.01B $2.09B 0.62%
2007-06-30 $0.02B $2.07B 0.77%
2007-03-31 $0.02B $2.04B 0.93%
2006-12-31 $0.02B $1.99B 1.01%
2006-09-30 $0.02B $1.93B 1.03%
2006-06-30 $0.02B $1.88B 1.01%
2006-03-31 $0.02B $1.81B 1.05%
2005-12-31 $0.02B $1.75B 1.03%
2005-09-30 $0.02B $1.68B 1.01%
2005-06-30 $0.02B $1.60B 1.00%
2005-03-31 $0.01B $1.51B 0.92%
2004-12-31 $0.01B $1.42B 0.91%
2004-09-30 $0.01B $1.34B 0.90%
2004-06-30 $0.01B $1.26B 0.87%
2004-03-31 $0.01B $1.17B 0.94%
2003-12-31 $0.01B $1.09B 0.92%
2003-09-30 $0.01B $1.02B 0.88%
2003-06-30 $0.01B $0.95B 0.95%
2003-03-31 $0.01B $0.89B 0.90%
2002-12-31 $0.01B $0.83B 0.97%
2002-09-30 $0.01B $0.77B 0.91%
2002-06-30 $0.01B $0.71B 0.84%
2002-03-31 $0.01B $0.67B 0.74%
2001-12-31 $0.00B $0.63B 0.63%
2001-09-30 $0.00B $0.59B 0.68%
2001-06-30 $0.00B $0.54B 0.74%
2001-03-31 $0.00B $0.50B 0.80%
2000-12-31 $0.00B $0.46B 0.87%
2000-09-30 $0.00B $0.42B 0.94%
2000-06-30 $0.00B $0.39B 1.03%
2000-03-31 $0.00B $0.35B 1.14%
1999-12-31 $0.00B $0.31B 0.96%
1999-09-30 $0.00B $0.28B 0.73%
1999-06-30 $0.00B $0.24B 0.42%
1999-03-31 $0.00B $0.20B 0.00%
1998-12-31 $0.00B $0.16B -0.64%
Sector Industry Market Cap Revenue
Finance Banks - Midwest $0.924B $0.372B
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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Civista Bancshares (CIVB) United States $0.593B 8.75
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First Business Financial Services (FBIZ) United States $0.489B 9.85
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First Western Financial (MYFW) United States $0.258B 19.62
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Eagle Bancorp Montana (EBMT) United States $0.175B 11.66
CSB Bancorp (CSBB) United States $0.163B 12.25
BNCCORP (BNCC) United States $0.124B 14.07
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United Bancorp (UBCP) United States $0.093B 12.10
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Central Plains Bancshares (CPBI) United States $0.075B 17.20
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