Mercantile Bank (MBWM) Debt to Equity Ratio: 0.8963

Mercantile Bank Corp. (MBWM)

61.09 +0.67 (+1.11%) USD | NASDAQ | Oct 23, 16:00

60.62 -0.47 (-0.77%) After-Hours: 20:00

Debt to Equity Ratio Chart

Historical Debt to Equity Ratio Data

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Date	Value
September 30, 2026	0.8963
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

Date	Value
June 30, 2020	1.432
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

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.

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Debt to Equity Ratio Range, Past 5 Years

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Debt to Equity Ratio Benchmarks

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