Mercantile Bank (MBWM) Enterprise Value (2016 - 2025)
Historic Enterprise Value for Mercantile Bank (MBWM) over the last 14 years, with Q3 2025 value amounting to -$502.1 million.
- Mercantile Bank's Enterprise Value fell 4018.24% to -$502.1 million in Q3 2025 from the same period last year, while for Sep 2025 it was -$502.1 million, marking a year-over-year decrease of 4018.24%. This contributed to the annual value of -$419.8 million for FY2024, which is 16563.42% down from last year.
- Per Mercantile Bank's latest filing, its Enterprise Value stood at -$502.1 million for Q3 2025, which was down 4018.24% from -$322.0 million recorded in Q2 2025.
- Over the past 5 years, Mercantile Bank's Enterprise Value peaked at -$80.8 million during Q1 2023, and registered a low of -$979.8 million during Q4 2021.
- In the last 5 years, Mercantile Bank's Enterprise Value had a median value of -$358.2 million in 2024 and averaged -$432.6 million.
- Per our database at Business Quant, Mercantile Bank's Enterprise Value skyrocketed by 8964.33% in 2023 and then plummeted by 23027.51% in 2024.
- Quarter analysis of 5 years shows Mercantile Bank's Enterprise Value stood at -$979.8 million in 2021, then soared by 87.45% to -$122.9 million in 2022, then dropped by 28.54% to -$158.0 million in 2023, then crashed by 165.63% to -$419.8 million in 2024, then dropped by 19.61% to -$502.1 million in 2025.
- Its Enterprise Value was -$502.1 million in Q3 2025, compared to -$322.0 million in Q2 2025 and -$410.2 million in Q1 2025.