Balance Sheet
Accounts PayablesAccumulated ExpensesAssetsCash & Current InvestmentsCash & EquivalentsCash Due from BankCommon EquityFed Funds SoldGoodwillGoodwill & IntangiblesInterest DepositsLiabilities and Shareholders EquityLoans - GrossLoans - Loss AllowanceLoans - NetNon-Current DebtOther Non-Current AssetsOther Non-Current LiabilitiesPayablesProperty, Plant & Equipment (Net)Retained EarningsSecurities - TradableShareholder's EquityShort-term InvestmentsTotal DebtTotal LiabilitiesTotal Non-Current LiabilitiesTreasury Shares
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Others
Ratios

Mercantile Bank (MBWM) Common Equity: 2011-2024

Historic Common Equity for Mercantile Bank (MBWM) over the last 12 years, with Dec 2024 value amounting to $584.5 million.

  • Mercantile Bank's Common Equity rose 12.74% to $657.6 million in Q3 2025 from the same period last year, while for Sep 2025 it was $657.6 million, marking a year-over-year increase of 12.74%. This contributed to the annual value of $584.5 million for FY2024, which is 11.95% up from last year.
  • As of FY2024, Mercantile Bank's Common Equity stood at $584.5 million, which was up 11.95% from $522.1 million recorded in FY2023.
  • Mercantile Bank's Common Equity's 5-year high stood at $584.5 million during FY2024, with a 5-year trough of $441.4 million in FY2022.
  • For the 3-year period, Mercantile Bank's Common Equity averaged around $516.0 million, with its median value being $522.1 million (2023).
  • In the last 5 years, Mercantile Bank's Common Equity decreased by 3.32% in 2022 and then increased by 18.29% in 2023.
  • Over the past 5 years, Mercantile Bank's Common Equity (Yearly) stood at $441.6 million in 2020, then grew by 3.40% to $456.6 million in 2021, then fell by 3.32% to $441.4 million in 2022, then grew by 18.29% to $522.1 million in 2023, then climbed by 11.95% to $584.5 million in 2024.