As of June 10, 2025, Mercantile Bank Corp (MBWM) reports a ROA (Return on Assets) of 1.32%.
ROA (Return on Assets) evaluates how effectively a company turns its assets into profits, showcasing resource utilization.
Historical Trend of Mercantile Bank Corp's ROA (Return on Assets)
Over recent years, Mercantile Bank Corp's ROA (Return on Assets) has shown a moderate pattern. The table below summarizes the historical values:
| Date | ROA (Return on Assets) |
|---|---|
| 2024-12-31 | 1.32% |
| 2023-12-31 | 1.54% |
| 2022-12-31 | 1.25% |
| 2021-12-31 | 1.12% |
| 2020-12-31 | 0.99% |
This slight upward trend highlights how Mercantile Bank Corp manages its efficiency in using assets to generate earnings over time.
Comparing Mercantile Bank Corp's ROA (Return on Assets) to Peers
To better understand Mercantile Bank Corp's position, it's useful to compare its ROA (Return on Assets) against industry peers. Below are selected comparisons:
| Company | ROA (Return on Assets) |
|---|---|
| Mercantile Bank Corp (MBWM) | 1.32% |
| Farmers & Merchants Bancorp (FMCB) | 1.65% |
| First Community Bankshares Inc (FCBC) | 1.58% |
| Atlantic Capital Bancshares Inc (ACBI) | 1.31% |
| Independent Bank Corp (Michigan) (IBCP) | 1.25% |
| Capital City Bank Group Inc (CCBG) | 1.22% |
Compared to its competitors, Mercantile Bank Corp's ROA (Return on Assets) is among the highest compared to peers, demonstrating superior efficiency in generating earnings from assets.