NASDAQ:MBWM | Key Financial Ratios | MERCANTILE BANK CORP

Complete source-backed ratio history.

Available history
2009-12-31 to 2026-06-30
Data captured

Historical Key Financial Ratios

DateCurrent ratioDebt/equityROAROE
2026-06-30——1.40%12.61%
2026-03-31——1.32%12.47%
2025-12-31——1.30%12.24%
2025-09-30——1.36%13.01%
2025-06-30——1.32%12.89%
2025-03-31——1.26%12.75%
2024-12-31——1.32%13.62%
2024-09-30——1.35%13.71%
2024-06-30——1.45%14.74%
2024-03-31——1.51%15.43%
2023-12-31——1.54%15.75%
2023-09-30——1.60%17.38%
2023-06-30——1.54%16.54%
2023-03-31——1.44%15.09%
2022-12-31——1.25%13.83%
2022-09-30——1.01%12.23%
2022-06-30——0.99%11.64%
2022-03-31——1.09%12.89%
2021-12-31——1.12%12.93%
2021-09-30——1.24%13.59%
2021-06-30——1.20%12.64%
2021-03-31——1.01%10.81%
2020-12-31——0.99%10.00%
2020-09-30——0.98%10.04%
2020-06-30——1.05%10.65%
2020-03-31——1.32%11.55%
2019-12-31——1.36%11.87%
2019-09-30——1.29%11.72%
2019-06-30——1.26%11.31%
2019-03-31——1.21%11.20%
2018-12-31——1.25%11.20%
2018-09-30——1.16%10.13%
2018-06-30——1.11%9.77%
2018-03-31——1.05%9.38%
2017-12-31——0.95%8.55%
2017-09-30——0.96%8.66%
2017-06-30——0.98%8.64%
2017-03-31——1.03%8.90%
2016-12-31——1.04%9.36%
2016-09-30——0.99%8.67%
2016-06-30——0.99%8.65%
2016-03-31——0.99%8.54%
2015-12-31——0.93%8.09%
2015-09-30——0.93%8.16%
2015-06-30——0.88%7.73%
2015-03-31——0.71%6.13%
2014-12-31——0.60%5.28%
2014-09-30——0.57%5.05%
2014-06-30——0.48%4.34%
2014-03-31——1.15%10.28%
2013-12-31——1.19%11.11%
2013-09-30——1.05%9.96%
2013-06-30——1.05%9.33%
2013-03-31——1.01%9.39%
2012-12-31——0.88%8.55%
2012-09-30——2.87%27.54%
2012-06-30——2.90%26.87%
2012-03-31——2.78%23.31%
2011-12-31——2.62%22.72%
2011-09-30——0.15%1.62%
2011-06-30——-0.40%-4.71%
2011-03-31———-7.30%

Annual Key Financial Ratios

DateCurrent ratioDebt/equityROAROE
2025-12-31——1.30%12.24%
2024-12-31——1.32%13.62%
2023-12-31——1.54%15.75%
2022-12-31——1.25%13.83%
2021-12-31——1.12%12.93%
2020-12-31——0.99%10.00%
2019-12-31——1.36%11.87%
2018-12-31——1.25%11.20%
2017-12-31——0.95%8.55%
2016-12-31——1.04%9.36%
2015-12-31——0.93%8.09%
2014-12-31——0.60%5.28%
2013-12-31——1.19%11.11%
2012-12-31——0.88%8.55%
2011-12-31——2.62%22.72%
2010-12-31——-0.82%-10.57%
2009-12-31———-37.18%