Mercantile Bank ROE 2010-2023 | 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 |
| 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 |
$0.595B |
$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.
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