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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 - 2026)

Mercantile Bank (MBWM) has disclosed Assets Average for 11 consecutive years, with $6.9 billion as the latest value for Q1 2026.

  • For Q1 2026, Assets Average rose 13.01% year-over-year to $6.9 billion; the TTM value through Mar 2026 reached $6.9 billion, up 13.01%, while the annual FY2025 figure was $6.4 billion, 12.99% up from the prior year.
  • Assets Average hit $6.9 billion in Q1 2026 for Mercantile Bank, up from $6.6 billion in the prior quarter.
  • Across five years, Assets Average topped out at $6.9 billion in Q1 2026 and bottomed at $4.9 billion in Q1 2023.
  • Average Assets Average over 5 years is $5.6 billion, with a median of $5.4 billion recorded in 2024.
  • Year-over-year, Assets Average increased 14.06% in 2022 and then fell 6.38% in 2023.
  • Mercantile Bank's Assets Average stood at $4.9 billion in 2022, then rose by 7.23% to $5.3 billion in 2023, then rose by 12.87% to $6.0 billion in 2024, then rose by 9.81% to $6.6 billion in 2025, then increased by 4.84% to $6.9 billion in 2026.
  • According to Business Quant data, Assets Average over the past three periods came in at $6.9 billion, $6.6 billion, and $6.2 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.