Mercantile Bank Corporation
Returns on Capital
| Fiscal Year | ROE | ROI | ROA |
|---|---|---|---|
| FY2010 | -10.6% | -10.6% | -0.8% |
| FY2011 | 22.7% | 22.7% | 2.6% |
| FY2012 | 8.6% | 8.6% | 0.9% |
| FY2013 | 11.1% | 11.1% | 1.2% |
| FY2014 | 5.3% | 5.3% | 0.6% |
| FY2015 | 8.1% | 8.1% | 0.9% |
| FY2016 | 9.4% | 9.4% | 1.0% |
| FY2017 | 8.5% | 8.5% | 1.0% |
| FY2018 | 11.2% | 11.2% | 1.2% |
| FY2019 | 11.9% | 11.9% | 1.4% |
| FY2020 | 10.0% | 10.0% | 1.0% |
| FY2021 | 12.9% | 12.9% | 1.1% |
| FY2022 | 13.8% | 13.8% | 1.3% |
| FY2023 | 15.7% | 15.7% | 1.5% |
| FY2024 | 13.6% | 13.6% | 1.3% |
| FY2025 | 12.2% | 12.2% | 1.3% |