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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) Assets Average (2016 - 2025)

Historic Assets Average for Mercantile Bank (MBWM) over the last 13 years, with Q3 2025 value amounting to $6.2 billion.

  • Mercantile Bank's Assets Average rose 842.01% to $6.2 billion in Q3 2025 from the same period last year, while for Sep 2025 it was $6.2 billion, marking a year-over-year increase of 842.01%. This contributed to the annual value of $5.7 billion for FY2024, which is 1153.49% up from last year.
  • As of Q3 2025, Mercantile Bank's Assets Average stood at $6.2 billion, which was up 842.01% from $6.2 billion recorded in Q2 2025.
  • In the past 5 years, Mercantile Bank's Assets Average registered a high of $6.2 billion during Q3 2025, and its lowest value of $4.6 billion during Q1 2021.
  • Moreover, its 5-year median value for Assets Average was $5.2 billion (2023), whereas its average is $5.3 billion.
  • Per our database at Business Quant, Mercantile Bank's Assets Average skyrocketed by 2547.76% in 2021 and then plummeted by 637.51% in 2023.
  • Over the past 5 years, Mercantile Bank's Assets Average (Quarter) stood at $5.1 billion in 2021, then dropped by 3.25% to $4.9 billion in 2022, then grew by 7.23% to $5.3 billion in 2023, then increased by 12.87% to $6.0 billion in 2024, then increased by 4.35% to $6.2 billion in 2025.
  • Its last three reported values are $6.2 billion in Q3 2025, $6.2 billion for Q2 2025, and $6.1 billion during Q1 2025.