Mercantile Bank (MBWM) Asset Utilization Ratio (2011 - 2026)

Mercantile Bank has reported Asset Utilization Ratio for 14 years, with the latest figure at 0.0 in Q1 2026.

• For the quarter ending Q1 2026, Asset Utilization Ratio fell 37.33% year-over-year to 0.0; the trailing twelve-month figure through Mar 2026 stood at 0.0 (down 37.33% YoY), and the FY2025 full-year result was 0.0, down 74.65% from the prior year.
• Asset Utilization Ratio for Q1 2026 stood at 0.0, up from 0.0 in the prior quarter.
• The five-year high for Asset Utilization Ratio was 0.0 in Q2 2024, with the low at 0.0 in Q4 2025.
• Historically, Asset Utilization Ratio has averaged 0.0 across 5 years, with a median of 0.0 in 2023.
• Annual changes were most pronounced in 2024 — Asset Utilization Ratio soared 193.55% — and 2025, when it tumbled 131.82%.
• Mercantile Bank's Asset Utilization Ratio stood at 0.0 in 2022, then soared by 166.84% to 0.0 in 2023, then plunged by 72.01% to 0.0 in 2024, then slumped by 131.82% to 0.0 in 2025, then jumped by 237.27% to 0.0 in 2026.
• The last three Asset Utilization Ratio figures came in at 0.0 (Q1 2026), 0.0 (Q4 2025), and 0.0 (Q3 2025), per Business Quant data.