Mercantile Bank ROA 2010-2023 | 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.
Mercantile Bank ROA - Return on Assets Historical Data
Date TTM Net Income Total Assets Return on Assets
2023-12-31 $0.08B $5.35B 1.59%
2023-09-30 $0.08B $5.25B 1.67%
2023-06-30 $0.08B $5.14B 1.59%
2023-03-31 $0.07B $4.90B 1.43%
2022-12-31 $0.06B $4.87B 1.21%
2022-09-30 $0.05B $5.02B 0.99%
2022-06-30 $0.05B $5.06B 0.98%
2022-03-31 $0.06B $5.18B 1.11%
2021-12-31 $0.06B $5.26B 1.20%
2021-09-30 $0.06B $4.96B 1.29%
2021-06-30 $0.06B $4.76B 1.24%
2021-03-31 $0.05B $4.71B 1.07%
2020-12-31 $0.05B $4.44B 1.07%
2020-09-30 $0.04B $4.42B 1.10%
2020-06-30 $0.05B $4.31B 1.20%
2020-03-31 $0.05B $3.66B 1.34%
2019-12-31 $0.05B $3.63B 1.38%
2019-09-30 $0.05B $3.71B 1.38%
2019-06-30 $0.05B $3.58B 1.33%
2019-03-31 $0.04B $3.55B 1.27%
2018-12-31 $0.04B $3.36B 1.27%
2018-09-30 $0.04B $3.30B 1.15%
2018-06-30 $0.04B $3.29B 1.10%
2018-03-31 $0.03B $3.29B 1.05%
2017-12-31 $0.03B $3.29B 0.98%
2017-09-30 $0.03B $3.26B 0.99%
2017-06-30 $0.03B $3.14B 1.01%
2017-03-31 $0.03B $3.02B 1.02%
2016-12-31 $0.03B $3.08B 1.06%
2016-09-30 $0.03B $3.06B 1.01%
2016-06-30 $0.03B $3.00B 0.99%
2016-03-31 $0.03B $2.93B 1.00%
2015-12-31 $0.03B $2.90B 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 $2.89B 0.72%
2014-09-30 $0.02B $2.86B 0.79%
2014-06-30 $0.01B $2.88B 0.78%
2014-03-31 $0.02B $1.41B 1.14%
2013-12-31 $0.02B $1.43B 1.15%
2013-09-30 $0.01B $1.42B 1.00%
2013-06-30 $0.01B $1.34B 1.01%
2013-03-31 $0.01B $1.39B 0.93%
2012-12-31 $0.01B $1.42B 0.86%
2012-09-30 $0.04B $1.39B 2.78%
2012-06-30 $0.04B $1.39B 2.74%
2012-03-31 $0.04B $1.40B 2.60%
2011-12-31 $0.04B $1.43B 2.39%
2011-09-30 $0.00B $1.48B 0.06%
2011-06-30 $-0.01B $1.54B -0.49%
2011-03-31 $-0.01B $1.58B -0.64%
2010-12-31 $-0.02B $1.63B -0.84%
2010-09-30 $-0.05B $1.81B -2.48%
2010-06-30 $-0.05B $1.80B -2.41%
2010-03-31 $-0.05B $1.90B -2.58%
2009-12-31 $-0.05B $1.91B -2.53%
Sector Industry Market Cap Revenue
Finance Banks - Midwest $0.595B $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
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United Bancorp (UBCP) United States $0.074B 8.25
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Central Plains Bancshares (CPBI) United States $0.042B 0.00