Mercantile Bank Corporation
Returns on Capital
| Fiscal Year | ROE | ROI | ROA |
|---|---|---|---|
| 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% |
Returns on Capital
| Fiscal Year | ROE | ROI | ROA |
|---|---|---|---|
| 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% |