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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioInterest Coverage RatioInvested CapitalMarket CapitalizationNet MarginReturn on AssetsReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Mercantile Bank (MBWM) Assets Average: 2013-2024

Historic Assets Average for Mercantile Bank (MBWM) over the last 9 years, with Dec 2024 value amounting to $5.7 billion.

  • Mercantile Bank's Assets Average rose 8.42% 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 8.42%. This contributed to the annual value of $5.7 billion for FY2024, which is 11.53% up from last year.
  • Per Mercantile Bank's latest filing, its Assets Average stood at $5.7 billion for FY2024, which was up 11.53% from $5.1 billion recorded in FY2023.
  • In the past 5 years, Mercantile Bank's Assets Average registered a high of $5.7 billion during FY2024, and its lowest value of $4.0 billion during FY2020.
  • Its 3-year average for Assets Average is $5.3 billion, with a median of $5.1 billion in 2023.
  • Data for Mercantile Bank's Assets Average shows a peak YoY rose of 20.13% (in 2021) over the last 5 years.
  • Mercantile Bank's Assets Average (Yearly) stood at $4.0 billion in 2020, then climbed by 20.13% to $4.8 billion in 2021, then rose by 4.49% to $5.1 billion in 2022, then rose by 0.94% to $5.1 billion in 2023, then climbed by 11.53% to $5.7 billion in 2024.