Mercantile Bank Corporation (MBWM) Stock Total Returns
Growth of $10,000 chart
2021-06-03 to 2026-06-03 to
$
%
%
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Investment Performance
Final Value
$17,968
Total Return
79.68%
CAGR
12.44%
Dividends
$2,240.51
Yield on Cost
22.41%
Rolling Returns
1-Month (21 Trading Days)
| Average | +1.48% |
| Median | +0.80% |
| Best | +37.17% |
| Worst | -16.92% |
| % of Windows Positive | 53.7% |
1-Year (252 Trading Days)
| Average | +14.16% |
| Median | +12.16% |
| Best | +76.43% |
| Worst | -19.61% |
| % of Windows Positive | 76.9% |
3-Year (756 Trading Days)
| Average | +55.36% |
| Median | +52.83% |
| Best | +132.54% |
| Worst | +17.03% |
| % of Windows Positive | 100.0% |
Risk Metrics
| Maximum Drawdown | -36.63% |
| Average Drawdown | -10.05% |
| Drawdown Duration | 467 Trading Days |
| Sortino Ratio | 0.81 |
| Calmar Ratio | 0.34 |
| CVaR (5%) | -4.15% |
Yearly Returns
| Year | Percentage | Abs. Return | Dividends | Taxes | Trans. Costs |
|---|---|---|---|---|---|
| 2026 partial | +6.50% (+16.10% ann.) | +$649.68 | $81.08 | $16.22 | $0.13 |
| 2025 | +10.94% | +$1093.86 | $340.48 | $68.10 | $0.54 |
| 2024 | +13.26% | +$1325.75 | $355.66 | $71.13 | $0.57 |
| 2023 | +24.72% | +$2471.85 | $405.43 | $81.09 | $0.65 |
| 2022 | -1.59% | $158.94 | $363.60 | $72.72 | $0.58 |
| 2021 | +32.76% | +$3275.95 | $439.23 | $87.85 | $0.70 |
| 2020 | -22.72% | $2271.71 | $311.24 | $62.25 | $0.50 |
| 2019 | +32.44% | +$3244.32 | $378.82 | $75.76 | $0.60 |
| 2018 | -16.61% | $1661.23 | $480.28 | $96.05 | $0.77 |
| 2017 | -4.44% | $444.34 | $197.66 | $39.53 | $0.32 |
| 2016 | +58.50% | +$5849.78 | $478.10 | $95.62 | $0.77 |
| 2015 | +19.37% | +$1936.75 | $278.38 | $55.68 | $0.45 |
| 2014 | +6.83% | +$682.86 | $1168.14 | $233.63 | $1.87 |
| 2013 | +33.34% | +$3333.53 | $274.87 | $54.98 | $0.44 |
| 2012 | +70.06% | +$7006.08 | $92.30 | $18.46 | $0.15 |
| 2011 | +18.90% | +$1890.24 | $0.00 | $0.00 | $0.00 |
| 2010 | +166.85% | +$16685.12 | $32.48 | $6.51 | $0.07 |
| 2009 | -27.37% | $2737.15 | $163.43 | $32.69 | $0.29 |
| 2008 | -71.63% | $7162.87 | $201.29 | $40.25 | $0.32 |
| 2007 | -55.99% | $5599.11 | $155.02 | $31.00 | $0.25 |
| 2006 | +3.91% | +$391.43 | $138.09 | $27.62 | $0.22 |
| 2005 | +3.17% | +$317.48 | $111.98 | $22.40 | $0.18 |
| 2004 | +14.55% | +$1454.57 | $102.65 | $20.53 | $0.16 |
| 2003 | +63.96% | +$6395.73 | $180.27 | $36.06 | $0.28 |
| 2002 | +39.90% | +$3990.14 | $0.00 | $0.00 | $0.00 |
| 2001 | +56.95% | +$5694.74 | $0.00 | $0.00 | $0.00 |
| 2000 | -6.86% | $686.27 | $0.00 | $0.00 | $0.00 |
| 1999 partial | -19.37% (-38.09% ann.) | $1936.76 | $0.00 | $0.00 | $0.00 |
Market Regimes
about| Regime | Period | Percentage | Annual | Abs. Return | Dividends | Taxes | Trans. Costs |
|---|---|---|---|---|---|---|---|
| Dot-com bubble / TMT mania partial | July 20, 1999 – March 10, 2000 | -33.60% | -47.22% | $3359.68 | $0.00 | $0.00 | $0.00 |
| Dot-com bust / post-bubble disinflation scare | March 13, 2000 – October 9, 2002 | +120.50% | +35.97% | +$12049.99 | $0.00 | $0.00 | $0.00 |
| China-WTO / housing-credit / commodity boom | October 10, 2002 – October 9, 2007 | +37.69% | +6.61% | +$3768.90 | $1234.46 | $246.91 | $1.97 |
| GFC / deleveraging / dollar shortage | October 10, 2007 – March 9, 2009 | -84.01% | -72.68% | $8400.60 | $247.14 | $49.42 | $0.39 |
| Policy-led rebound / euro-sovereign-crisis overlay | March 10, 2009 – July 25, 2012 | +304.22% | +51.25% | +$30422.28 | $99.06 | $19.83 | $0.20 |
| Secular stagnation / QE / low inflation / duration bull | July 26, 2012 – February 19, 2020 | +154.10% | +13.11% | +$15409.82 | $5658.88 | $1131.79 | $9.07 |
| Pandemic shock / liquidity crash | February 20, 2020 – March 23, 2020 | -40.07% | -99.71% | $4006.90 | $85.11 | $17.02 | $0.14 |
| Policy bazooka / monetary euphoria | March 24, 2020 – November 6, 2020 | +3.06% | +4.97% | +$306.11 | $266.03 | $53.21 | $0.43 |
| Reopening reflation / fiscal boom / supply bottlenecks | November 9, 2020 – November 29, 2021 | +40.86% | +38.41% | +$4085.95 | $469.06 | $93.81 | $0.75 |
| Inflation shock / duration crash / aggressive tightening | November 30, 2021 – November 9, 2022 | +6.80% | +7.23% | +$679.54 | $373.22 | $74.64 | $0.60 |
| Disinflation rebound / AI-led narrow bull / higher-for-longer | November 10, 2022 – September 17, 2024 | +33.02% | +16.64% | +$3301.82 | $778.23 | $155.65 | $1.25 |
| Disinflationary easing / resilient growth / AI capex under oil-shock test partial | September 18, 2024 – June 3, 2026 | +16.77% | +9.52% | +$1677.11 | $504.95 | $100.99 | $0.81 |
Dividend History
Annual Dividends Per Share
TTM Yield
—
Consecutive Years Paid
— current
Consecutive Years of Growth
— current
| Date | Per Share | Yield % |
|---|---|---|
| 2003-01-15 | $0.0691 | 0.34% |
| 2003-02-06 | $0.0658 | 0.32% |
| 2003-05-08 | $0.0658 | 0.30% |
| 2003-08-07 | $0.0658 | 0.25% |
| 2003-11-06 | $0.0658 | 0.24% |
| 2004-02-06 | $0.0740 | 0.25% |
| 2004-05-06 | $0.0777 | 0.25% |
| 2004-08-06 | $0.0777 | 0.27% |
| 2004-11-08 | $0.0777 | 0.23% |
| 2005-02-08 | $0.0864 | 0.23% |
| 2005-05-06 | $0.0950 | 0.26% |
| 2005-08-08 | $0.0998 | 0.25% |
| 2005-11-08 | $0.0998 | 0.28% |
| 2006-02-08 | $0.1088 | 0.32% |
| 2006-05-15 | $0.1238 | 0.34% |
| 2006-08-08 | $0.1238 | 0.33% |
| 2006-11-08 | $0.1238 | 0.34% |
| 2007-02-07 | $0.1333 | 0.41% |
| 2007-05-08 | $0.1400 | 0.51% |
| 2007-08-08 | $0.1400 | 0.69% |
| 2007-11-07 | $0.1400 | 0.81% |
| 2008-02-06 | $0.1500 | 1.03% |
| 2008-05-07 | $0.0800 | 0.78% |
| 2008-08-06 | $0.0400 | 0.44% |
| 2008-11-06 | $0.0400 | 0.51% |
| 2009-02-06 | $0.0400 | 0.96% |
| 2009-05-06 | $0.0100 | 0.26% |
| 2009-08-06 | $0.0100 | 0.26% |
| 2009-11-06 | $0.0100 | 0.29% |
| 2010-02-08 | $0.0100 | 0.27% |
| 2012-11-07 | $0.0900 | 0.59% |
| 2013-02-06 | $0.1000 | 0.62% |
| 2013-05-08 | $0.1100 | 0.65% |
| 2013-08-07 | $0.1200 | 0.62% |
| 2013-11-06 | $0.1200 | 0.55% |
| 2014-02-06 | $0.1200 | 0.61% |
| 2014-05-20 | $2.0000 | 8.44% |
| 2014-06-11 | $0.1200 | 0.59% |
| 2014-09-10 | $0.1200 | 0.63% |
| 2014-12-10 | $0.1200 | 0.59% |
| 2015-03-11 | $0.1400 | 0.74% |
| 2015-06-10 | $0.1400 | 0.69% |
| 2015-09-09 | $0.1500 | 0.74% |
| 2015-12-09 | $0.1500 | 0.59% |
| 2016-03-09 | $0.1600 | 0.69% |
| 2016-06-08 | $0.1600 | 0.64% |
| 2016-09-07 | $0.1700 | 0.63% |
| 2016-12-07 | $0.6700 | 1.91% |
| 2017-03-08 | $0.1800 | 0.54% |
| 2017-06-07 | $0.1800 | 0.58% |
| 2017-09-07 | $0.1900 | 0.63% |
| 2017-12-07 | $0.1900 | 0.52% |
| 2018-03-08 | $0.2200 | 0.61% |
| 2018-06-07 | $0.2200 | 0.59% |
| 2018-09-06 | $0.2400 | 0.69% |
| 2018-12-06 | $1.0000 | 3.37% |
| 2019-03-07 | $0.2600 | 0.77% |
| 2019-06-06 | $0.2600 | 0.82% |
| 2019-09-05 | $0.2700 | 0.88% |
| 2019-12-05 | $0.2700 | 0.77% |
| 2020-03-05 | $0.2800 | 0.95% |
| 2020-06-04 | $0.2800 | 1.18% |
| 2020-09-03 | $0.2800 | 1.28% |
| 2020-12-03 | $0.2800 | 1.10% |
| 2021-03-04 | $0.2900 | 0.93% |
| 2021-06-03 | $0.2900 | 0.89% |
| 2021-09-02 | $0.3000 | 0.96% |
| 2021-12-02 | $0.3000 | 0.90% |
| 2022-03-03 | $0.3100 | 0.83% |
| 2022-06-02 | $0.3100 | 0.95% |
| 2022-09-01 | $0.3200 | 0.97% |
| 2022-12-01 | $0.3200 | 0.92% |
| 2023-03-02 | $0.3300 | 0.95% |
| 2023-06-01 | $0.3300 | 1.27% |
| 2023-08-31 | $0.3400 | 1.02% |
| 2023-11-30 | $0.3400 | 0.97% |
| 2024-02-29 | $0.3500 | 0.96% |
| 2024-06-07 | $0.3500 | 0.94% |
| 2024-09-06 | $0.3600 | 0.81% |
| 2024-12-06 | $0.3600 | 0.71% |
| 2025-03-07 | $0.3700 | 0.81% |
| 2025-06-06 | $0.3700 | 0.85% |
| 2025-09-05 | $0.3800 | 0.77% |
| 2025-12-05 | $0.3800 | 0.80% |
| 2026-03-06 | $0.3900 | 0.75% |
| Total | 85 payments |
Portfolio Dividend Returns
Based on $10,000 initial investment, 20% tax rate, 0.2% transaction cost. Showing 2021-06-03 to 2026-06-03. Change
| Date | Total Yield | Tax | Trans. Cost | Shares Bought |
|---|---|---|---|---|
| 2021-06-03 | $88.63 | $17.73 | $0.14 | 2.1779 |
| 2021-09-02 | $92.34 | $18.47 | $0.15 | 2.3523 |
| 2021-12-02 | $93.04 | $18.61 | $0.15 | 2.1816 |
| 2022-03-03 | $96.82 | $19.36 | $0.15 | 2.0603 |
| 2022-06-02 | $97.46 | $19.49 | $0.16 | 2.3993 |
| 2022-09-01 | $101.37 | $20.27 | $0.16 | 2.4555 |
| 2022-12-01 | $102.16 | $20.43 | $0.16 | 2.3505 |
| 2023-03-02 | $106.12 | $21.22 | $0.17 | 2.4652 |
| 2023-06-01 | $106.94 | $21.39 | $0.17 | 3.2255 |
| 2023-08-31 | $111.27 | $22.25 | $0.18 | 2.6615 |
| 2023-11-30 | $112.18 | $22.44 | $0.18 | 2.6044 |
| 2024-02-29 | $116.39 | $23.28 | $0.19 | 2.5224 |
| 2024-06-07 | $117.27 | $23.45 | $0.19 | 2.5723 |
| 2024-09-06 | $121.55 | $24.31 | $0.19 | 2.2648 |
| 2024-12-06 | $122.36 | $24.47 | $0.20 | 1.9342 |
| 2025-03-07 | $126.48 | $25.30 | $0.20 | 2.2160 |
| 2025-06-06 | $127.30 | $25.46 | $0.20 | 2.2850 |
| 2025-09-05 | $131.61 | $26.32 | $0.21 | 2.1585 |
| 2025-12-05 | $132.43 | $26.49 | $0.21 | 2.2709 |
| 2026-03-06 | $136.80 | $27.36 | $0.22 | 2.1701 |
| Total | $2240.51 | $448.10 | $3.59 | 47.3280 |
All calculations use split-adjusted closing prices. Dividends are reinvested on the ex-dividend date at that day's closing price.
For each rolling window, returns are calculated at every possible starting point:
return = (value[i] ÷ value[i − windowSize] − 1) × 100
- Windows
- 1-month = 21 trading days, 1-year = 252 trading days, 3-year = 756 trading days.
- Statistics
- Average: arithmetic mean. Median: middle value when sorted. Best / Worst: max and min. % Positive: share of windows with return > 0.
The series is segmented by calendar year:
return = (endValue ÷ startValue − 1) × 100
startValue is the last value of the prior year (or the first value for the initial year). Partial first/last years are flagged. Dividends, taxes, and transaction costs are scaled proportionally to the initial investment.