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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) Enterprise Value: 2011-2025

Historic Enterprise Value for Mercantile Bank (MBWM) over the last 14 years, with Sep 2025 value amounting to $229.1 million.

  • Mercantile Bank's Enterprise Value fell 32.49% to $229.1 million in Q3 2025 from the same period last year, while for Sep 2025 it was -$922.9 million, marking a year-over-year decrease of 194.47%. This contributed to the annual value of $360.7 million for FY2024, which is 26.23% down from last year.
  • Mercantile Bank's Enterprise Value amounted to $229.1 million in Q3 2025, which was down 42.75% from $400.1 million recorded in Q2 2025.
  • Mercantile Bank's 5-year Enterprise Value high stood at $489.0 million for Q4 2023, and its period low was -$430.8 million during Q4 2021.
  • For the 3-year period, Mercantile Bank's Enterprise Value averaged around $336.9 million, with its median value being $353.4 million (2024).
  • Per our database at Business Quant, Mercantile Bank's Enterprise Value slumped by 214.83% in 2021 and then soared by 1,967.32% in 2023.
  • Quarterly analysis of 5 years shows Mercantile Bank's Enterprise Value stood at -$430.8 million in 2021, then soared by 194.76% to $408.3 million in 2022, then rose by 19.79% to $489.0 million in 2023, then declined by 26.23% to $360.7 million in 2024, then plummeted by 32.49% to $229.1 million in 2025.
  • Its last three reported values are $229.1 million in Q3 2025, $400.1 million for Q2 2025, and $298.1 million during Q1 2025.