Mercantile Bank (MBWM) Capital Expenditures: 2011-2025
Historic Capital Expenditures for Mercantile Bank (MBWM) over the last 12 years, with Sep 2025 value amounting to $2.6 million.
- Mercantile Bank's Capital Expenditures fell 52.96% to $2.6 million in Q3 2025 from the same period last year, while for Sep 2025 it was $7.1 million, marking a year-over-year decrease of 16.01%. This contributed to the annual value of $8.5 million for FY2024, which is 27.56% up from last year.
- As of Q3 2025, Mercantile Bank's Capital Expenditures stood at $2.6 million, which was up 11.77% from $2.4 million recorded in Q2 2025.
- In the past 5 years, Mercantile Bank's Capital Expenditures registered a high of $5.6 million during Q3 2024, and its lowest value of $67,000 during Q2 2022.
- Over the past 3 years, Mercantile Bank's median Capital Expenditures value was $1.5 million (recorded in 2025), while the average stood at $2.0 million.
- As far as peak fluctuations go, Mercantile Bank's Capital Expenditures tumbled by 96.57% in 2022, and later spiked by 3,141.79% in 2023.
- Mercantile Bank's Capital Expenditures (Quarterly) stood at $1.4 million in 2021, then crashed by 37.06% to $851,000 in 2022, then plummeted by 35.84% to $546,000 in 2023, then climbed by 8.06% to $590,000 in 2024, then tumbled by 52.96% to $2.6 million in 2025.
- Its Capital Expenditures stands at $2.6 million for Q3 2025, versus $2.4 million for Q2 2025 and $1.5 million for Q1 2025.