Mercantile Bank CorporationMBWMNASDAQ
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Return on Tangible Assets Over Time
Trending lower, modest growth trend.
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Return on tangible assets
Latest
1.33%
↑ 11% above average
Average (9y)
1.19%
Historical baseline
Range
High:1.55%
Low:0.95%
CAGR
+3.8%
Modest growth trend
| Period | Value | Change |
|---|---|---|
| 2024 | 1.33% | -14.6% |
| 2023 | 1.55% | +22.7% |
| 2022 | 1.27% | +11.7% |
| 2021 | 1.13% | +12.6% |
| 2020 | 1.01% | -27.2% |
| 2019 | 1.38% | +8.8% |
| 2018 | 1.27% | +31.2% |
| 2017 | 0.97% | -8.3% |
| 2016 | 1.06% | +11.0% |
| 2015 | 0.95% | - |