Mercantile Bank CorporationMBWMNASDAQ
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ROIC Trend
Above historical average, modest growth trend.
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Return on invested capital
Latest
5.88%
↑ 17% above average
Average (9y)
5.01%
Historical baseline
Range
High:5.88%
Low:4.17%
CAGR
+3.2%
Modest growth trend
| Period | Value | Change |
|---|---|---|
| 2024 | 5.88% | +3.9% |
| 2023 | 5.66% | +0.3% |
| 2022 | 5.65% | +10.0% |
| 2021 | 5.13% | +16.5% |
| 2020 | 4.41% | -18.0% |
| 2019 | 5.37% | +11.9% |
| 2018 | 4.80% | +15.2% |
| 2017 | 4.17% | -9.6% |
| 2016 | 4.61% | +4.4% |
| 2015 | 4.42% | - |