Mercantile Bank (MBWM) Asset Utilization Ratio: 2013-2025
Historic Asset Utilization Ratio for Mercantile Bank (MBWM) over the last 11 years, with Sep 2025 value amounting to 0.00.
- Mercantile Bank's Asset Utilization Ratio fell 5.07% to 0.00 in Q3 2025 from the same period last year, while for Sep 2025 it was 0.00, marking a year-over-year decrease of 5.07%. This contributed to the annual value of 0.00 for FY2024, which is 11.28% down from last year.
- Latest data reveals that Mercantile Bank reported Asset Utilization Ratio of 0.00 as of Q3 2025, which was down 0.09% from 0.00 recorded in Q2 2025.
- In the past 5 years, Mercantile Bank's Asset Utilization Ratio registered a high of 0.00 during Q2 2023, and its lowest value of 0.00 during Q1 2021.
- Moreover, its 3-year median value for Asset Utilization Ratio was 0.00 (2024), whereas its average is 0.00.
- As far as peak fluctuations go, Mercantile Bank's Asset Utilization Ratio fell by 15.74% in 2021, and later increased by 16.16% in 2023.
- Over the past 5 years, Mercantile Bank's Asset Utilization Ratio (Quarterly) stood at 0.00 in 2021, then climbed by 12.99% to 0.00 in 2022, then climbed by 1.19% to 0.00 in 2023, then declined by 12.34% to 0.00 in 2024, then decreased by 5.07% to 0.00 in 2025.
- Its Asset Utilization Ratio stands at 0.00 for Q3 2025, versus 0.00 for Q2 2025 and 0.00 for Q1 2025.