Mercantile Bank (MBWM) Enterprise Value (2016 - 2026)

Mercantile Bank (MBWM) has disclosed Enterprise Value for 11 consecutive years, with -$598.2 million as the latest value for Q1 2026.

  • For Q1 2026, Enterprise Value fell 45.83% year-over-year to -$598.2 million; the TTM value through Mar 2026 reached -$598.2 million, down 45.83%, while the annual FY2025 figure was -$496.5 million, 26.31% down from the prior year.
  • Enterprise Value hit -$598.2 million in Q1 2026 for Mercantile Bank, down from -$496.5 million in the prior quarter.
  • Across five years, Enterprise Value topped out at -$80.8 million in Q1 2023 and bottomed at -$770.2 million in Q1 2022.
  • Average Enterprise Value over 5 years is -$353.2 million, with a median of -$322.0 million recorded in 2025.
  • Year-over-year, Enterprise Value soared 89.51% in 2023 and then crashed 230.28% in 2024.
  • Mercantile Bank's Enterprise Value stood at -$122.9 million in 2022, then dropped by 28.54% to -$158.0 million in 2023, then plummeted by 148.74% to -$393.1 million in 2024, then dropped by 26.31% to -$496.5 million in 2025, then decreased by 20.47% to -$598.2 million in 2026.
  • According to Business Quant data, Enterprise Value over the past three periods came in at -$598.2 million, -$496.5 million, and -$502.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.