Mercantile Bank (MBWM) Enterprise Value (2010 - 2026)
Mercantile Bank posted quarterly Enterprise Value of -$598.2 million for Q1 2026, down 45.83% year-on-year from -$1.1 billion in Q1 2025, and down 20.47% on a QoQ basis from -$496.5 million in Q4 2025.
Mercantile Bank (MBWM) has 17 years of Enterprise Value data on file, last reported at -$598.2 million in Q1 2026.
- For the quarter ending Q1 2026, Enterprise Value fell 45.83% year-over-year to -$598.2 million; the trailing twelve-month figure through Mar 2026 stood at -$598.2 million (down 45.83% YoY), and the FY2025 full-year result was -$496.5 million, down 26.31% from the prior year.
- Enterprise Value for Q1 2026 stood at -$598.2 million, 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.
- The 5-year median for Enterprise Value is -$322.0 million (2025), against an average of -$353.2 million.
- The widest annual swing landed in 2023, when Enterprise Value surged 89.51%; it then slumped 230.28% in 2024.
- A 5-year view of Enterprise Value shows it stood at -$122.9 million in 2022, then slipped by 28.54% to -$158.0 million in 2023, then tumbled by 148.74% to -$393.1 million in 2024, then slipped by 26.31% to -$496.5 million in 2025, then retreated by 20.47% to -$598.2 million in 2026.
- The last three Enterprise Value figures came in at -$598.2 million (Q1 2026), -$496.5 million (Q4 2025), and -$502.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 90,891.20 Bn | 90,891.20 Bn | - | -2.12 Mn |
| 2 | Bank Bradesco | 6,807.69 Bn | 6,791.75 Bn | - | -15.94 Bn |
| 3 | Lloyds Banking | 426.28 Bn | 426.28 Bn | - | - |
| 4 | NatWest | 184.56 Bn | 184.56 Bn | - | - |
| 5 | First Capital | 181.18 Bn | 181.03 Bn | - | -149.53 Mn |
| 6 | Landmark Bancorp | 164.67 Bn | 164.64 Bn | - | -32.29 Mn |
| 7 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - | - |
| 8 | KB Financial | 150.02 Bn | 142.15 Bn | - | -7.86 Bn |
| 9 | Pnc Financial Services | 88.79 Bn | 88.84 Bn | - | 49.00 Mn |
| 10 | Mercantile Bank | 899.78 Mn | 301.62 Mn | - | -598.16 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -598.16 Mn |
| Dec 31, 2025 | -496.54 Mn |
| Sep 30, 2025 | -502.12 Mn |
| Jun 30, 2025 | -322.01 Mn |
| Mar 31, 2025 | -410.18 Mn |
| Dec 31, 2024 | -393.11 Mn |
| Sep 30, 2024 | -358.19 Mn |
| Jun 30, 2024 | -197.63 Mn |
| Mar 31, 2024 | -266.89 Mn |
| Dec 31, 2023 | -158.04 Mn |
| Sep 30, 2023 | -301.05 Mn |
| Jun 30, 2023 | -234.68 Mn |
| Mar 31, 2023 | -80.81 Mn |
| Dec 31, 2022 | -122.95 Mn |
| Sep 30, 2022 | -312.46 Mn |
| Jun 30, 2022 | -479.11 Mn |
| Mar 31, 2022 | -770.20 Mn |
| Dec 31, 2021 | -979.77 Mn |
| Sep 30, 2021 | -830.39 Mn |
| Jun 30, 2021 | -762.10 Mn |
| Mar 31, 2021 | -653.13 Mn |
| Dec 31, 2020 | -627.01 Mn |
| Sep 30, 2020 | -554.59 Mn |
| Jun 30, 2020 | -471.23 Mn |
| Mar 31, 2020 | -236.72 Mn |
| Dec 31, 2019 | -233.73 Mn |
| Sep 30, 2019 | -228.54 Mn |
| Jun 30, 2019 | -150.43 Mn |
| Mar 31, 2019 | -214.89 Mn |
| Dec 31, 2018 | -75.35 Mn |
| Sep 30, 2018 | -80.02 Mn |
| Jun 30, 2018 | -125.74 Mn |
| Mar 31, 2018 | -211.16 Mn |
| Dec 31, 2017 | -542.05 Mn |
| Sep 30, 2017 | -509.81 Mn |
| Jun 30, 2017 | -425.16 Mn |
| Mar 31, 2017 | -392.94 Mn |
| Dec 31, 2016 | -520.16 Mn |
| Sep 30, 2016 | -464.26 Mn |
| Jun 30, 2016 | -426.02 Mn |
| Mar 31, 2016 | -440.87 Mn |
| Dec 31, 2015 | -434.69 Mn |
| Sep 30, 2015 | -469.31 Mn |
| Jun 30, 2015 | -511.39 Mn |
| Mar 31, 2015 | -559.28 Mn |
| Dec 31, 2014 | -605.33 Mn |
| Sep 30, 2014 | -589.71 Mn |
| Jun 30, 2014 | -598.29 Mn |
| Mar 31, 2014 | -256.74 Mn |
| Dec 31, 2013 | -286.45 Mn |
| Sep 30, 2013 | -125.92 Mn |
| Jun 30, 2013 | -57.98 Mn |
| Mar 31, 2013 | -114.78 Mn |
| Dec 31, 2012 | -136.00 Mn |
| Dec 31, 2011 | -76.37 Mn |
| Sep 30, 2011 | -125.70 Mn |
| Jun 30, 2011 | -127.00 Mn |
| Dec 31, 2010 | -64.20 Mn |
| Sep 30, 2010 | -172.00 Mn |
| Jun 30, 2010 | -79.88 Mn |