Mercantile Bank (MBWM) Assets: 2012-2024
Historic Assets for Mercantile Bank (MBWM) over the last 11 years, with Dec 2024 value amounting to $6.1 billion.
- Mercantile Bank's Assets rose 6.61% to $6.3 billion in Q3 2025 from the same period last year, while for Sep 2025 it was $6.3 billion, marking a year-over-year increase of 6.61%. This contributed to the annual value of $6.1 billion for FY2024, which is 13.06% up from last year.
- Mercantile Bank's Assets amounted to $6.1 billion in FY2024, which was up 13.06% from $5.4 billion recorded in FY2023.
- Mercantile Bank's Assets' 5-year high stood at $6.1 billion during FY2024, with a 5-year trough of $4.4 billion in FY2020.
- Over the past 3 years, Mercantile Bank's median Assets value was $5.4 billion (recorded in 2023), while the average stood at $5.4 billion.
- Per our database at Business Quant, Mercantile Bank's Assets grew by 22.14% in 2020 and then declined by 7.32% in 2022.
- Mercantile Bank's Assets (Yearly) stood at $4.4 billion in 2020, then climbed by 18.49% to $5.3 billion in 2021, then decreased by 7.32% to $4.9 billion in 2022, then climbed by 9.86% to $5.4 billion in 2023, then rose by 13.06% to $6.1 billion in 2024.