MERCANTILE BANK CORP Quarterly Debt-to-equity in % from Q1 2012 to Q2 2024

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 history and growth rate from Q1 2012 to Q2 2024.
  • Mercantile Bank Corp Debt-to-equity for the quarter ending June 30, 2024 was 935 %, a 6.88% decline year-over-year.
Debt-to-equity, Quarterly (%)
Debt-to-equity, YoY Quarterly Growth (%)
Period Value YoY Chg Change % Date
Q2 2024 935 -69.1 -6.88% Jun 30, 2024
Q1 2024 950 -81.8 -7.93% Mar 31, 2024
Q4 2023 958 -110 -10.3% Dec 31, 2023
Q3 2023 978 -102 -9.48% Sep 30, 2023
Q2 2023 1K -48.4 -4.6% Jun 30, 2023
Q1 2023 1.03K +9.84 +0.96% Mar 31, 2023
Q4 2022 1.07K +75.2 +7.57% Dec 31, 2022
Q3 2022 1.08K +124 +13% Sep 30, 2022
Q2 2022 1.05K +116 +12.3% Jun 30, 2022
Q1 2022 1.02K +93.7 +10.1% Mar 31, 2022
Q4 2021 993 +113 +12.8% Dec 31, 2021
Q3 2021 956 +109 +12.9% Sep 30, 2021
Q2 2021 937 +119 +14.5% Jun 30, 2021
Q1 2021 928 +140 +17.8% Mar 31, 2021
Q4 2020 880 +80 +10% Dec 31, 2020
Q3 2020 847 +40.3 +5% Sep 30, 2020
Q2 2020 819 +22.1 +2.78% Jun 30, 2020
Q1 2020 788 -4.73 -0.6% Mar 31, 2020
Q4 2019 800 +15.9 +2.03% Dec 31, 2019
Q3 2019 807 +22.1 +2.81% Sep 30, 2019
Q2 2019 796 +4.66 +0.59% Jun 30, 2019
Q1 2019 792 -0.12 -0.02% Mar 31, 2019
Q4 2018 784 -1.62 -0.21% Dec 31, 2018
Q3 2018 785 -2.5 -0.32% Sep 30, 2018
Q2 2018 792 +9.93 +1.27% Jun 30, 2018
Q1 2018 792 +12.8 +1.64% Mar 31, 2018
Q4 2017 786 +6.89 +0.88% Dec 31, 2017
Q3 2017 787 +16.8 +2.17% Sep 30, 2017
Q2 2017 782 +11.6 +1.51% Jun 30, 2017
Q1 2017 780 +8.59 +1.11% Mar 31, 2017
Q4 2016 779 +7.81 +1.01% Dec 31, 2016
Q3 2016 770 -3.75 -0.48% Sep 30, 2016
Q2 2016 770 -7.79 -1% Jun 30, 2016
Q1 2016 771 -15.8 -2.01% Mar 31, 2016
Q4 2015 771 -23.7 -2.98% Dec 31, 2015
Q3 2015 774 -31.1 -3.86% Sep 30, 2015
Q2 2015 778 -41.2 -5.03% Jun 30, 2015
Q1 2015 787 -29.4 -3.61% Mar 31, 2015
Q4 2014 795 -29 -3.51% Dec 31, 2014
Q3 2014 805 -28.4 -3.4% Sep 30, 2014
Q2 2014 819 -17.1 -2.04% Jun 30, 2014
Q1 2014 816 -28.9 -3.42% Mar 31, 2014
Q4 2013 824 +2.94 +0.36% Dec 31, 2013
Q3 2013 834 +38.1 +4.79% Sep 30, 2013
Q2 2013 836 +14.9 +1.82% Jun 30, 2013
Q1 2013 845 -30.3 -3.46% Mar 31, 2013
Q4 2012 821 Dec 31, 2012
Q3 2012 795 Sep 30, 2012
Q2 2012 821 Jun 30, 2012
Q1 2012 876 Mar 31, 2012
* An asterisk sign (*) next to the value indicates that the value is likely invalid.