Mercantile Bank Corporation Return on Equity (ROE) for the Trailing 12 Months (TTM) ending June 30, 2024: 15.52%

Mercantile Bank Corporation Return on Equity (ROE) is 15.52% for the Trailing 12 Months (TTM) ending June 30, 2024, a -11.57% change year over year. Return on equity measures profit against shareholder equity; higher ROE indicates superior profitability and value creation.
  • Mercantile Bank Corporation Return on Equity (ROE) for the Trailing 12 Months (TTM) ending June 30, 2023 was 17.56%, a 56.00% change year over year.
  • Mercantile Bank Corporation Return on Equity (ROE) for the Trailing 12 Months (TTM) ending June 30, 2022 was 11.25%, a -12.95% change year over year.
  • Mercantile Bank Corporation Return on Equity (ROE) for the Trailing 12 Months (TTM) ending June 30, 2021 was 12.93%, a 19.00% change year over year.
  • Mercantile Bank Corporation Return on Equity (ROE) for the Trailing 12 Months (TTM) ending June 30, 2020 was 10.86%, a -7.62% change year over year.
Key Data
Date Return on Equity (ROE) Return on Assets (ROA) Revenue Per Share Free Cash Flow Per Share