Mercantile Bank (MBWM) Enterprise Value (2010 - 2026)
Mercantile Bank (MBWM) posted Enterprise Value of -$579.3 million for Q1 2026, down 22.39% on a QoQ basis from -$473.3 million in Q4 2025, and down 50.29% year-over-year from -$1.2 billion in Q1 2025.
Mercantile Bank (MBWM) Enterprise Value (2010 - 2026) Analysis & Trends
Mercantile Bank's Enterprise Value history runs 17 years deep, the most recent figure standing at -$579.3 million for Q1 2026.
- Quarterly Enterprise Value fell 50.29% year-over-year to -$579.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$579.3 million (down 50.29% YoY) and the FY2025 annual result came in at -$473.3 million, down 20.44% from the prior year.
- Enterprise Value was -$579.3 million for Q1 2026 at Mercantile Bank, down from -$473.3 million in the prior quarter.
- Across five years, Enterprise Value topped out at -$57.9 million in Q1 2023 and bottomed at -$770.2 million in Q1 2022.
- A 5-year average of -$332.9 million and a median of -$296.1 million in 2025 frame the typical range for Enterprise Value.
- Annual changes were most pronounced in 2023 — Enterprise Value soared 92.48% — and 2024, when it tumbled 309.46%.
- Mercantile Bank's Enterprise Value stood at -$96.8 million in 2022, then tumbled by 34.89% to -$130.5 million in 2023, then plunged by 201.08% to -$393.0 million in 2024, then retreated by 20.44% to -$473.3 million in 2025, then dropped by 22.39% to -$579.3 million in 2026.
- Business Quant data shows MBWM's Enterprise Value at -$579.3 million in Q1 2026, -$473.3 million in Q4 2025, and -$477.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 43,124.21 Bn | 43,125.44 Bn | -775,612.08 | -7.10 Bn |
| 2 | Shinhan Financial | 33,971.34 Bn | 33,973.00 Bn | - | -2.83 Bn |
| 3 | Bank Of Chile | 4,105.33 Bn | 4,105.33 Bn | 167,623.00 | -7.31 Mn |
| 4 | NatWest | 768.74 Bn | 572.78 Bn | 1.79 Bn | -218.99 Bn |
| 5 | Mizuho Financial | 385.64 Bn | 389.59 Bn | - | -452.57 Bn |
| 6 | Lloyds Banking | 358.14 Bn | 358.14 Bn | - | -113.83 Bn |
| 7 | First Capital | 200.03 Bn | 199.69 Bn | - | -344.83 Mn |
| 8 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | -31.87 Mn |
| 9 | Pnc Financial Services | 100.96 Bn | 101.01 Bn | - | 49.00 Mn |
| 10 | Mercantile Bank | 985.63 Mn | 406.32 Mn | - | -579.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -579.30 Mn |
| Dec 31, 2025 | -473.32 Mn |
| Sep 30, 2025 | -477.02 Mn |
| Jun 30, 2025 | -296.07 Mn |
| Mar 31, 2025 | -385.46 Mn |
| Dec 31, 2024 | -393.01 Mn |
| Sep 30, 2024 | -328.55 Mn |
| Jun 30, 2024 | -197.63 Mn |
| Mar 31, 2024 | -237.23 Mn |
| Dec 31, 2023 | -130.53 Mn |
| Sep 30, 2023 | -265.99 Mn |
| Jun 30, 2023 | -207.80 Mn |
| Mar 31, 2023 | -57.94 Mn |
| Dec 31, 2022 | -96.77 Mn |
| Sep 30, 2022 | -284.01 Mn |
| Jun 30, 2022 | -479.11 Mn |
| Mar 31, 2022 | -770.20 Mn |
| Dec 31, 2021 | -975.16 Mn |
| Sep 30, 2021 | -825.36 Mn |
| Jun 30, 2021 | -759.53 Mn |