Mercantile Bank (MBWM) Return on Equity ROE from the third quarter 2026 to third quarter 2025 and annually, average high and low, overall ranking from Sep 30 2026 to Sep 30 2025 - CSIMarket
CSIMarket Company Name, Ticker, Industry, else..
 


• ROA Quarterly
• ROI Quarterly
• ROE Quarterly
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 third quarter 2026?
Mercantile Bank Corporation achieved a return on average equity (ROE) of 12.91 % in its third quarter 2026, this is above MBWM's average return on equity of 11.35%.
Mercantile Bank Corporation shareholder's equity over the 12 months ending in its third quarter 2026 are valued at $740 million

ROE decreased relative to the period ending , due to the decline in net income.

Within the Regional Banks industry 40 other companies had a higher return on equity. While return on equity, the total ranking has deteriorated compared to the second quarter 2026 from 1059 to 1067.

What is ROE?



Download as CSV
Commercial Data Licensing & OEM
Annual commercial subscriptions for corporate use, internal BI systems, management reporting, AI integration, and client-facing platforms
API & Data Feeds
Programmatic access to normalized fundamentals & ratios.

Return On Equity (Sep 30 2026)
III. Quarter		 (Jun 30 2026)
II. Quarter		 (Mar 31 2026)
I. Quarter		 (Dec 31 2025)
IV. Quarter		 (Sep 30 2025)
III. Quarter
Y / Y Equity Change 13.11 % 19.57 % 21.14 % 24.01 % -
Y / Y Net Income Change 1.32 % 14.63 % 16.11 % 16.37 % 21.1 %
Net Income (TTM) in Millions 96 95 92 89 86
Return On Equity (TTM) 12.91 % 13.25 % 13.36 % 13.54 % 13.79 %
MBWM's Total Ranking # 1067 # 1059 # 820 # 424 #
Equity (TTM) in Millions 744 755 737 725 658
Seq. Equity Change -1.49 % 2.47 % 1.66 % 10.23 % 4.13 %
Seq. Net Income Change -7.15 % 14.29 % -0.68 % -3.86 % 5.04 %

Back to MBWM Management Effectiveness >> MBWM's 5 Years Annual ROE >> Compare MBWM ROE to its Competitors
Return On Equity Company Ranking
Within: No.
Industry # 41
Sector # 267
Overall # 1067

Return On Equity Statistics
High Average Low
17.96 %
11.35 %
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 %

Back to MBWM Management Effectiveness >> MBWM's 5 Years Annual ROE >> Compare MBWM ROE to its Competitors




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 Sep 30 2026, within Financial Sector ROE
Progressive Corp  35.44 %
Federated Hermes Inc   34.54 %
American Tower Corporation  33.40 %
Kingstone Companies Inc   33.40 %
Atlanticus Holdings Corp  32.48 %
Lincoln National Corporation  31.64 %
Hci Group Inc   31.64 %
Exzeo Group Inc   31.56 %
Primerica Inc   30.94 %
Ryman Hospitality Properties inc   30.39 %
Sei Investments Company  29.69 %
Miami International Holdings Inc   27.70 %
Marsh and Mclennan Companies Inc   27.25 %
Hamilton Lane Incorporated  27.24 %
Slm Corp  27.19 %
Cboe Global Markets Inc   26.79 %
Kinsale Capital Group Inc   26.66 %
Cohen and Steers Inc   26.42 %
Enova International Inc   26.36 %
Travelers Companies inc   26.20 %
Pagaya Technologies Ltd   25.00 %
Lpl Financial Holdings Inc   24.65 %
Mercury General Corporation  24.15 %
Erie Indemnity Company  23.86 %
Greenlight Capital Re Ltd   23.48 %
The Hartford Insurance Group Inc   23.35 %
Udr Inc   22.98 %
Alliancebernstein Holding L p   22.56 %
Rli Corp  22.50 %
Credit Acceptance Corp  22.41 %

Date modified: 2026-10-31T09:57:19+00:00



Help

About us

Products

Data downloads

API

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research.

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com

Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.

© 2026 CSIMarket.com — Proprietary financial dataset. All rights reserved. Redistribution or automated extraction prohibited.