Mercantile Bank Corp (MBWM) Asset Utilization Ratio (2011 - 2026)
Mercantile Bank's (MBWM) Asset Utilization Ratio came in at 0.00 for Q2 2026, up 1.7% from 0.00 a year earlier and up 2.7% from the prior quarter.
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Analysis
Mercantile Bank Corp (MBWM) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
Since Q3 2011, Mercantile Bank has reported Asset Utilization Ratio for 51 quarters.
- In prior years, Mercantile Bank's Asset Utilization Ratio was 0.00 in FY2024 (-3.5%), 0.00 in FY2023 (+21.7%), 0.00 in FY2022 (+7.8%) and 0.00 in FY2021 (-2.6%).
- The Q2 2026 figure stands as the highest quarterly Asset Utilization Ratio since Q4 2024.
- On a year-over-year basis, Asset Utilization Ratio increased in three of the last eight quarters, with an average decline of 2.2%.
- The strongest year-over-year quarter for Asset Utilization Ratio in the past five years was Q3 2024, with growth of 35.5%; the weakest was Q2 2025, with a decline of 16.2%.
- According to Business Quant data, Asset Utilization Ratio for the three prior quarters was 0.00 (Q1 2026), 0.00 (Q4 2025) and 0.00 (Q3 2025).
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Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.04 |
| Mar 31, 2026 | 0.04 |
| Dec 31, 2025 | 0.04 |
| Sep 30, 2025 | 0.04 |
| Jun 30, 2025 | 0.04 |
| Mar 31, 2025 | 0.04 |
| Dec 31, 2024 | 0.04 |
| Sep 30, 2024 | 0.04 |
| Jun 30, 2024 | 0.04 |
| Mar 31, 2024 | 0.04 |
| Dec 31, 2023 | 0.04 |
| Sep 30, 2023 | 0.04 |
| Jun 30, 2023 | 0.04 |
| Mar 31, 2023 | 0.04 |
| Dec 31, 2022 | 0.04 |
| Sep 30, 2022 | 0.04 |
| Jun 30, 2022 | 0.03 |
| Mar 31, 2022 | 0.03 |
| Dec 31, 2021 | 0.04 |
| Sep 30, 2021 | 0.04 |
API Access
Mercantile Bank Corp Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=MBWM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "MBWM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=MBWM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();