Mercantile Bank (MBWM) Asset Utilization Ratio: 2013-2024
Historic Asset Utilization Ratio for Mercantile Bank (MBWM) over the last 9 years, with Dec 2024 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.
- According to the latest figures from FY2024, Mercantile Bank's Asset Utilization Ratio is 0.00, which was down 11.28% from 0.00 recorded in FY2023.
- In the past 5 years, Mercantile Bank's Asset Utilization Ratio ranged from a high of 0.00 in FY2023 and a low of 0.00 during FY2020.
- Its 3-year average for Asset Utilization Ratio is 0.00, with a median of 0.00 in 2022.
- As far as peak fluctuations go, Mercantile Bank's Asset Utilization Ratio fell by 12.60% in 2020, and later grew by 7.48% in 2023.
- Mercantile Bank's Asset Utilization Ratio (Yearly) stood at 0.00 in 2020, then rose by 4.74% to 0.00 in 2021, then rose by 4.62% to 0.00 in 2022, then increased by 7.48% to 0.00 in 2023, then fell by 11.28% to 0.00 in 2024.