Mercantile Bank ROE 2012-2026 | 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.
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Mercantile Bank ROE - Return on Equity Historical Data
Date TTM Net Income Shareholder's Equity Return on Equity
2026-06-30 $0.10B $0.72B 13.36%
2026-03-31 $0.09B $0.69B 13.52%
2025-12-31 $0.09B $0.66B 13.72%
2025-09-30 $0.09B $0.62B 14.02%
2025-06-30 $0.08B $0.60B 13.79%
2025-03-31 $0.08B $0.58B 13.58%
2024-12-31 $0.08B $0.56B 14.36%
2024-09-30 $0.08B $0.55B 14.77%
2024-06-30 $0.08B $0.52B 15.67%
2024-03-31 $0.08B $0.51B 16.43%
2023-12-31 $0.08B $0.49B 16.81%
2023-09-30 $0.08B $0.47B 17.97%
2023-06-30 $0.08B $0.45B 17.53%
2023-03-31 $0.07B $0.44B 16.20%
2022-12-31 $0.06B $0.43B 14.17%
2022-09-30 $0.05B $0.44B 11.74%
2022-06-30 $0.05B $0.44B 11.27%
2022-03-31 $0.06B $0.45B 12.47%
2021-12-31 $0.06B $0.45B 13.10%
2021-09-30 $0.06B $0.45B 13.65%
2021-06-30 $0.06B $0.44B 12.90%
2021-03-31 $0.05B $0.44B 11.03%
2020-12-31 $0.05B $0.43B 10.48%
2020-09-30 $0.04B $0.42B 10.40%
2020-06-30 $0.05B $0.42B 11.04%
2020-03-31 $0.05B $0.41B 11.94%
2019-12-31 $0.05B $0.40B 12.44%
2019-09-30 $0.05B $0.39B 12.52%
2019-06-30 $0.05B $0.39B 11.96%
2019-03-31 $0.04B $0.38B 11.37%
2018-12-31 $0.04B $0.37B 11.22%
2018-09-30 $0.04B $0.37B 10.22%
2018-06-30 $0.04B $0.37B 9.78%
2018-03-31 $0.03B $0.36B 9.35%
2017-12-31 $0.03B $0.36B 8.65%
2017-09-30 $0.03B $0.35B 8.80%
2017-06-30 $0.03B $0.35B 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 $0.34B 8.78%
2016-06-30 $0.03B $0.34B 8.61%
2016-03-31 $0.03B $0.33B 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 $0.28B 6.41%
2014-09-30 $0.02B $0.24B 7.17%
2014-06-30 $0.01B $0.19B 7.21%
2014-03-31 $0.02B $0.15B 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 $0.16B 24.88%
2012-06-30 $0.04B $0.16B 25.20%
2012-03-31 $0.04B $0.15B 25.33%
2011-12-31 $0.04B $0.14B 25.71%
2011-09-30 $0.00B $0.13B 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 $0.14B -11.15%
2010-09-30 $-0.05B $0.14B -33.33%
2010-06-30 $-0.05B $0.15B -30.98%
2010-03-31 $-0.05B $0.16B -32.03%
2009-12-31 $-0.05B $0.17B -31.14%
2009-09-30 $-0.02B $0.18B -9.12%
2009-06-30 $-0.01B $0.17B -5.17%
2009-03-31 $-0.01B $0.17B -3.52%
2008-12-31 $-0.01B $0.17B -3.49%
2008-09-30 $-0.01B $0.17B -3.47%
2008-06-30 $-0.01B $0.18B -2.87%
2008-03-31 $0.00B $0.18B 0.00%
2007-12-31 $0.01B $0.18B 4.53%
2007-09-30 $0.01B $0.18B 7.43%
2007-06-30 $0.02B $0.17B 9.28%
2007-03-31 $0.02B $0.17B 11.23%
2006-12-31 $0.02B $0.17B 12.10%
2006-09-30 $0.02B $0.16B 12.42%
2006-06-30 $0.02B $0.16B 12.10%
2006-03-31 $0.02B $0.15B 12.36%
2005-12-31 $0.02B $0.15B 11.98%
2005-09-30 $0.02B $0.15B 11.56%
2005-06-30 $0.02B $0.14B 11.15%
2005-03-31 $0.01B $0.14B 10.02%
2004-12-31 $0.01B $0.14B 9.51%
2004-09-30 $0.01B $0.13B 8.97%
2004-06-30 $0.01B $0.13B 8.48%
2004-03-31 $0.01B $0.12B 9.40%
2003-12-31 $0.01B $0.10B 9.59%
2003-09-30 $0.01B $0.09B 9.81%
2003-06-30 $0.01B $0.08B 11.15%
2003-03-31 $0.01B $0.08B 10.16%
2002-12-31 $0.01B $0.08B 10.46%
2002-09-30 $0.01B $0.07B 9.43%
2002-06-30 $0.01B $0.07B 8.39%
2002-03-31 $0.01B $0.06B 7.97%
2001-12-31 $0.00B $0.06B 7.34%
2001-09-30 $0.00B $0.05B 8.94%
2001-06-30 $0.00B $0.04B 11.27%
2001-03-31 $0.00B $0.03B 12.21%
2000-12-31 $0.00B $0.03B 13.45%
2000-09-30 $0.00B $0.03B 13.91%
2000-06-30 $0.00B $0.03B 14.16%
2000-03-31 $0.00B $0.03B 14.41%
1999-12-31 $0.00B $0.03B 10.91%
1999-09-30 $0.00B $0.03B 7.34%
1999-06-30 $0.00B $0.03B 3.70%
1999-03-31 $0.00B $0.02B 0.00%
1998-12-31 $0.00B $0.02B -5.13%
Sector Industry Market Cap Revenue
Finance Banks - Midwest $1.044B $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
Huntington Bancshares (HBAN) United States $32.084B 10.38
UMB Financial (UMBF) United States $10.235B 10.56
Wintrust Financial (WTFC) United States $9.981B 11.62
Old National Bancorp (ONB) United States $9.687B 10.25
Commerce Bancshares (CBSH) United States $8.240B 13.91
Associated Banc-Corp (ASB) United States $5.643B 10.10
First Interstate BancSystem (FIBK) United States $3.542B 11.43
First Financial Bancorp (FFBC) United States $3.371B 10.26
First Merchants (FRME) United States $2.569B 10.94
First Busey (BUSE) United States $2.490B 11.25
Enterprise Financial Services (EFSC) United States $2.249B 12.43
1st Source (SRCE) United States $2.066B 12.32
German American Bancorp (GABC) United States $1.849B 13.01
FirstSun Capital Bancorp (FSUN) United States $1.838B 12.89
QCR Holdings (QCRH) United States $1.652B 11.78
Lakeland Financial (LKFN) United States $1.482B 13.68
Old Second Bancorp (OSBC) United States $1.268B 11.59
MidWestOne Financial (MOFG) United States $1.017B 17.24
Farmers National Banc (FMNB) United States $0.927B 9.32
First Financial Indiana (THFF) United States $0.917B 10.80
First Business Financial Services (FBIZ) United States $0.598B 11.14
Civista Bancshares (CIVB) United States $0.566B 9.52
First Western Financial (MYFW) United States $0.299B 16.45
Ames National (ATLO) United States $0.286B 12.52
Ohio Valley Banc (OVBC) United States $0.212B 14.92
CSB Bancorp (CSBB) United States $0.200B 13.17
Eagle Bancorp Montana (EBMT) United States $0.175B 10.75
BNCCORP (BNCC) United States $0.113B 12.69
United Bancshares (UBOH) United States $0.108B 9.99
United Bancorp (UBCP) United States $0.090B 11.41
Central Plains Bancshares (CPBI) United States $0.090B 18.19
Solera National Bancorp (SLRK) United States $0.086B 3.34
Commercial National Financial (CEFC) United States $0.062B 9.13