Return On Equity	(Dec 31 2025) 2025	(Dec 31 2024) 2024	(Dec 31 2023) 2023	(Dec 31 2022) 2022	(Dec 31 2021) 2021
Y / Y Equity Change	24.01 %	11.95 %	18.29 %	-3.32 %	3.4 %
Y / Y Net Income Change	11.51 %	-3.19 %	34.64 %	3.46 %	33.72 %
Return On Equity	12.24 %	13.62 %	15.75 %	13.83 %	12.93 %

MBWM all Ratios >> Back to MBWM Management Effectiveness >> See Quarterly MBWM Return On Equity

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Roe Comment

In (Dec 31 2025) ROE detoriated to 12.24 %, despite net income growth.

Financial Statements
Mercantile Bank's Equity	$ 725 Millions	Annual MBWM's Balance sheet
Mercantile Bank's Annual Income	$ 89 Millions	Annual MBWM's Income Statement
Where are MBWM's Income coming from?		Visit MBWM's Income by Segment

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