Mercantile Bank (MBWM) Asset Utilization Ratio (2016 - 2025)
Historic Asset Utilization Ratio for Mercantile Bank (MBWM) over the last 12 years, with Q3 2025 value amounting to 0.0.
- Mercantile Bank's Asset Utilization Ratio fell 507.46% 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 507.46%. This contributed to the annual value of 0.0 for FY2024, which is 1127.74% down from last year.
- As of Q3 2025, Mercantile Bank's Asset Utilization Ratio stood at 0.0, which was down 507.46% from 0.0 recorded in Q2 2025.
- Mercantile Bank's 5-year Asset Utilization Ratio high stood at 0.0 for Q2 2023, and its period low was 0.0 during Q1 2021.
- In the last 5 years, Mercantile Bank's Asset Utilization Ratio had a median value of 0.0 in 2024 and averaged 0.0.
- In the last 5 years, Mercantile Bank's Asset Utilization Ratio plummeted by 1573.63% in 2021 and then soared by 1616.31% in 2023.
- Quarter analysis of 5 years shows Mercantile Bank's Asset Utilization Ratio stood at 0.0 in 2021, then rose by 12.99% to 0.0 in 2022, then rose by 1.19% to 0.0 in 2023, then fell by 12.34% to 0.0 in 2024, then decreased by 1.14% to 0.0 in 2025.
- Its Asset Utilization Ratio stands at 0.0 for Q3 2025, versus 0.0 for Q2 2025 and 0.0 for Q1 2025.