Mercantile Bank (MBWM) Return on Equity ROE from the second quarter 2026 to second quarter 2025 and annually, average high and low, overall ranking from Jun 30 2026 to Jun 30 2025 - CSIMarket
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Mercantile Bank Corporation  (NASDAQ: MBWM)
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial

Mercantile Bank's ROE per quarter

Return on Equity, Quarterly Results, Trends, Rankings, Statistics


What is ROE for Mercantile Bank in the second quarter 2026?
Mercantile Bank Corporation achieved a return on average equity (ROE) of 13.25 % in its second quarter 2026, this is above MBWM's average return on equity of 11.32%.
Mercantile Bank Corporation shareholder's equity over the 12 months ending in its second quarter 2026 are valued at $719 million

ROE fell compared to the first quarter 2026, despite the net income growth of 14.29% from the first quarter 2026.

Within the Regional Banks industry 35 other companies had a higher return on equity. While return on equity, the total ranking has deteriorated compared to the first quarter 2026 from 1059 to 1067.

What is ROE?




Return On Equity (Jun 30 2026)
II. Quarter
(Mar 31 2026)
I. Quarter
(Dec 31 2025)
IV. Quarter
(Sep 30 2025)
III. Quarter
(Jun 30 2025)
II. Quarter
Y / Y Equity Change 19.57 % 21.14 % 24.01 % 12.74 % -
Y / Y Net Income Change 14.63 % 16.11 % 16.37 % 21.1 % 20.4 %
Net Income (TTM) in Millions 95 92 89 86 81
Return On Equity (TTM) 13.25 % 13.36 % 13.54 % 13.79 % 13.52 %
MBWM's Total Ranking # 1067 # 1059 # 820 # 424 # 844
Equity (TTM) in Millions 755 737 725 658 632
Seq. Equity Change 2.47 % 1.66 % 10.23 % 4.13 % 3.81 %
Seq. Net Income Change 14.29 % -0.68 % -3.86 % 5.04 % 15.77 %

Return On Equity Company Ranking
Within: No.
Industry # 36
Sector # 252
Overall # 1067

Return On Equity Statistics
High Average Low
17.96 %
11.32 %
6.17 %
(Sep 30 2023)   (Dec 31 2014)





MBWM Annual Return On Equity (Dec 31 2025)
2025
(Dec 31 2024)
2024
(Dec 31 2023)
2023
(Dec 31 2022)
2022
(Dec 31 2021)
2021
Total Equity in Millions 725 585 522 441 457
Y / Y Equity Change 24.01 % 11.95 % 18.29 % -3.32 % 3.4 %
Net Income in Millions 89 80 82 61 59
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 %





Annual Roe Comment
In 2025 ROE fell to 12.24 %, despite net income growth.


More Return On Equity Ratios
Regional Banks Industry Roe Trends and Statistics
Financial Sector Return On Equity Statistics
MBWM's' Return on Equity at Yahoo Finance
MBWM's Roe Ratio versus Regional Banks Industry, Financial Sector and overall Market
Highest Ranking Return On Equity
Lowest Ranking Return On Equity
Subscribers only: Roe for MBWM's Competitors
Subscribers only: Roe for Mercantile Bank's Suppliers
Subscribers only: Return On Equity for MBWM's Customers




Companies with similar Return On Equity at Jun 30 2026, within Financial Sector ROE
Pjt Partners Inc   35.79 %
Ryman Hospitality Properties inc   35.55 %
Progressive Corp  35.40 %
Morningstar inc   35.29 %
Brookfield Asset Management Ltd   34.88 %
Renaissancere Holdings Ltd  34.22 %
American Express Company  34.12 %
American Tower Corporation  33.86 %
Blackstone Inc   33.51 %
Hamilton Lane Incorporated  33.24 %
Jefferson Capital Inc   32.94 %
Primerica Inc   32.52 %
Brookfield Oaktree Holdings Llc  32.37 %
Credit Acceptance Corp  32.35 %
The Bancorp Inc   32.32 %
Hamilton Insurance Group Ltd   31.21 %
Corvel Corporation  31.01 %
American Coastal Insurance Corporation  30.43 %
Nexpoint Real Estate Finance Inc   29.99 %
Encore Capital Group Inc   29.83 %
Kingstone Companies Inc   29.78 %
Sei Investments Company  29.54 %
Rreef Property Trust Inc   29.17 %
Kinsale Capital Group Inc   29.06 %
STEELE BANCORP INC  28.69 %
Cohen and Steers Inc   27.58 %
Hippo Holdings Inc   27.38 %
Union Bankshares Inc   27.34 %
Carter bankshares inc   27.32 %
Marsh and Mclennan Companies Inc   26.71 %


Date modified: 2026-09-05T07:00:26+00:00



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