Mercantile Bank Corp. (MBWM)
60.28
+0.67
(+1.12%)
USD |
NASDAQ |
Aug 24, 16:00
60.28
0.00 (0.00%)
After-Hours: 20:00
Mercantile Bank Debt to Equity Ratio : 0.9169 for June 30, 2026
Debt to Equity Ratio Chart
Sep '18
Jan '19
May '19
285.00
270.00
255.00
240.00
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| June 30, 2026 | 0.9169 |
| March 31, 2026 | 0.9593 |
| December 31, 2025 | 1.011 |
| September 30, 2025 | 1.128 |
| June 30, 2025 | 1.177 |
| March 31, 2025 | 1.237 |
| December 31, 2024 | 1.117 |
| September 30, 2024 | 1.341 |
| June 30, 2024 | 1.439 |
| March 31, 2024 | 1.527 |
| December 31, 2023 | 1.609 |
| September 30, 2023 | 1.582 |
| June 30, 2023 | 1.732 |
| March 31, 2023 | 1.635 |
| December 31, 2022 | 1.458 |
| September 30, 2022 | 1.630 |
| June 30, 2022 | 1.645 |
| March 31, 2022 | 1.663 |
| December 31, 2021 | 1.525 |
| September 30, 2021 | 1.366 |
| June 30, 2021 | 1.354 |
| March 31, 2021 | 1.321 |
| December 31, 2020 | 1.268 |
| September 30, 2020 | 1.386 |
| June 30, 2020 | 1.432 |
| Date | Value |
|---|---|
| March 31, 2020 | 1.376 |
| December 31, 2019 | 1.209 |
| September 30, 2019 | 1.264 |
| June 30, 2019 | 1.350 |
| March 31, 2019 | 1.411 |
| December 31, 2018 | 1.332 |
| September 30, 2018 | 1.050 |
| June 30, 2018 | 0.988 |
| March 31, 2018 | 1.006 |
| December 31, 2017 | 1.050 |
| September 30, 2017 | 1.069 |
| June 30, 2017 | 1.122 |
| March 31, 2017 | 1.082 |
| December 31, 2016 | 1.032 |
| September 30, 2016 | 1.057 |
| June 30, 2016 | 1.042 |
| March 31, 2016 | 0.8998 |
| December 31, 2015 | 0.8326 |
| September 30, 2015 | 0.855 |
| June 30, 2015 | 0.7748 |
| March 31, 2015 | 0.7538 |
| December 31, 2014 | 0.8413 |
| September 30, 2014 | 0.7919 |
| June 30, 2014 | 0.7896 |
| March 31, 2014 | 0.8951 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
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Minimum
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Maximum
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Average
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Median
Debt to Equity Ratio Benchmarks
| Colony Bankcorp, Inc. | 0.5979 |
| Columbia Banking System, Inc. | 0.6455 |
| First Merchants Corp. (Indiana) | 0.5946 |
| German American Bancorp, Inc. | 0.1437 |
| Glacier Bancorp, Inc. | 0.5279 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 6.819B |
| Total Liabilities (Quarterly) | 6.064B |
| Shareholders Equity (Quarterly) | 755.12M |
| Current Ratio | 0.0654 |
| Net Debt Paydown Yield | 1.21% |