Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Others
Ratios
Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioInterest Coverage RatioInvested CapitalNet MarginReturn on AssetsReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Mercantile Bank (MBWM) Asset Utilization Ratio (2016 - 2025)

Historic Asset Utilization Ratio for Mercantile Bank (MBWM) over the last 13 years, with Q3 2025 value amounting to 0.0.

  • Mercantile Bank's Asset Utilization Ratio fell 751.15% to 0.0 in Q3 2025 from the same period last year, while for Sep 2025 it was 0.0, marking a year-over-year decrease of 751.15%. This contributed to the annual value of 0.0 for FY2024, which is 1127.74% down from last year.
  • Per Mercantile Bank's latest filing, its Asset Utilization Ratio stood at 0.0 for Q3 2025, which was down 751.15% from 0.0 recorded in Q2 2025.
  • In the past 5 years, Mercantile Bank's Asset Utilization Ratio ranged from a high of 0.0 in Q3 2023 and a low of 0.0 during Q1 2021
  • For the 5-year period, Mercantile Bank's Asset Utilization Ratio averaged around 0.0, with its median value being 0.0 (2022).
  • Its Asset Utilization Ratio has fluctuated over the past 5 years, first crashed by 1152.14% in 2021, then soared by 1184.57% in 2023.
  • Mercantile Bank's Asset Utilization Ratio (Quarter) stood at 0.0 in 2021, then grew by 3.73% to 0.0 in 2022, then rose by 8.08% to 0.0 in 2023, then dropped by 11.04% to 0.0 in 2024, then dropped by 4.43% to 0.0 in 2025.
  • Its Asset Utilization Ratio was 0.0 in Q3 2025, compared to 0.0 in Q2 2025 and 0.0 in Q1 2025.