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Mercantile Bank (MBWM) Capital Expenditures (2016 - 2025)

Historic Capital Expenditures for Mercantile Bank (MBWM) over the last 14 years, with Q3 2025 value amounting to $2.6 million.

  • Mercantile Bank's Capital Expenditures fell 5295.9% to $2.6 million in Q3 2025 from the same period last year, while for Sep 2025 it was $8.1 million, marking a year-over-year decrease of 1411.55%. This contributed to the annual value of $8.5 million for FY2024, which is 2756.09% up from last year.
  • Latest data reveals that Mercantile Bank reported Capital Expenditures of $2.6 million as of Q3 2025, which was down 5295.9% from $2.4 million recorded in Q2 2025.
  • Over the past 5 years, Mercantile Bank's Capital Expenditures peaked at $5.6 million during Q3 2024, and registered a low of $67000.0 during Q2 2022.
  • Over the past 5 years, Mercantile Bank's median Capital Expenditures value was $1.5 million (recorded in 2023), while the average stood at $1.6 million.
  • Per our database at Business Quant, Mercantile Bank's Capital Expenditures tumbled by 9656.76% in 2022 and then skyrocketed by 314179.1% in 2023.
  • Mercantile Bank's Capital Expenditures (Quarter) stood at $1.4 million in 2021, then tumbled by 37.06% to $851000.0 in 2022, then plummeted by 35.84% to $546000.0 in 2023, then increased by 8.06% to $590000.0 in 2024, then skyrocketed by 347.29% to $2.6 million in 2025.
  • Its last three reported values are $2.6 million in Q3 2025, $2.4 million for Q2 2025, and $1.5 million during Q1 2025.