Debt-to-equity of MERCANTILE BANK CORP from 31 Mar 2012 to 31 Dec 2025

Taxonomy & unit
ratio: %
Description
Debt-to-equity (D/E) ratio is used to evaluate a company's financial leverage and is calculated by dividing a company's total liabilities by its shareholder equity.
Summary
MERCANTILE BANK CORP quarterly Debt-to-equity in % history and change rate from 31 Mar 2012 to 31 Dec 2025.
  • MERCANTILE BANK CORP Debt-to-equity for the quarter ending 31 Dec 2025 was 871%, a 5.5% decline year-over-year.
Debt-to-equity, Quarterly (%)
Debt-to-equity, YoY Quarterly Change (%)

MERCANTILE BANK CORP Quarterly Debt-to-equity (%)

Period Value YoY Chg Change % Date
Q4 2025 871% -50% -5.5% 31 Dec 2025
Q3 2025 894% -24% -2.6% 30 Sep 2025
Q2 2025 909% -26% -2.8% 30 Jun 2025
Q1 2025 919% -31% -3.2% 31 Mar 2025
Q4 2024 921% -36% -3.8% 31 Dec 2024
Q3 2024 919% -59% -6% 30 Sep 2024
Q2 2024 935% -69% -6.9% 30 Jun 2024
Q1 2024 950% -82% -7.9% 31 Mar 2024
Q4 2023 958% -110% -10% 31 Dec 2023
Q3 2023 978% -102% -9.5% 30 Sep 2023
Q2 2023 1005% -48% -4.6% 30 Jun 2023
Q1 2023 1031% +9.8% +0.96% 31 Mar 2023
Q4 2022 1068% +75% +7.6% 31 Dec 2022
Q3 2022 1080% +124% +13% 30 Sep 2022
Q2 2022 1053% +116% +12% 30 Jun 2022
Q1 2022 1022% +94% +10% 31 Mar 2022
Q4 2021 993% +113% +13% 31 Dec 2021
Q3 2021 956% +109% +13% 30 Sep 2021
Q2 2021 937% +119% +15% 30 Jun 2021
Q1 2021 928% +140% +18% 31 Mar 2021
Q4 2020 880% +80% +10% 31 Dec 2020
Q3 2020 847% +40% +5% 30 Sep 2020
Q2 2020 819% +22% +2.8% 30 Jun 2020
Q1 2020 788% -4.7% -0.6% 31 Mar 2020
Q4 2019 800% +16% +2% 31 Dec 2019
Q3 2019 807% +22% +2.8% 30 Sep 2019
Q2 2019 796% +4.7% +0.59% 30 Jun 2019
Q1 2019 792% -0.12% -0.02% 31 Mar 2019
Q4 2018 784% -1.6% -0.21% 31 Dec 2018
Q3 2018 785% -2.5% -0.32% 30 Sep 2018
Q2 2018 792% +9.9% +1.3% 30 Jun 2018
Q1 2018 792% +13% +1.6% 31 Mar 2018
Q4 2017 786% +6.9% +0.88% 31 Dec 2017
Q3 2017 787% +17% +2.2% 30 Sep 2017
Q2 2017 782% +12% +1.5% 30 Jun 2017
Q1 2017 780% +8.6% +1.1% 31 Mar 2017
Q4 2016 779% +7.8% +1% 31 Dec 2016
Q3 2016 770% -3.8% -0.48% 30 Sep 2016
Q2 2016 770% -7.8% -1% 30 Jun 2016
Q1 2016 771% -16% -2% 31 Mar 2016
Q4 2015 771% -24% -3% 31 Dec 2015
Q3 2015 774% -31% -3.9% 30 Sep 2015
Q2 2015 778% -41% -5% 30 Jun 2015
Q1 2015 787% -29% -3.6% 31 Mar 2015
Q4 2014 795% -29% -3.5% 31 Dec 2014
Q3 2014 805% -28% -3.4% 30 Sep 2014
Q2 2014 819% -17% -2% 30 Jun 2014
Q1 2014 816% -29% -3.4% 31 Mar 2014
Q4 2013 824% +2.9% +0.36% 31 Dec 2013
Q3 2013 834% +38% +4.8% 30 Sep 2013
Q2 2013 836% +15% +1.8% 30 Jun 2013
Q1 2013 845% -30% -3.5% 31 Mar 2013
Q4 2012 821% 31 Dec 2012
Q3 2012 795% 30 Sep 2012
Q2 2012 821% 30 Jun 2012
Q1 2012 876% 31 Mar 2012
* An asterisk sign (*) next to the value indicates that the value is likely invalid.