Mercantile Bank (MBWM) Enterprise Value (2010 - 2026)
Mercantile Bank (MBWM) posted quarterly Enterprise Value of -$340.9 million for Q2 2026, down 15.15% year-over-year from -$401.8 million in Q2 2025, and up 41.15% on a QoQ basis from -$579.3 million in Q1 2026.
Mercantile Bank (MBWM) Enterprise Value (2010 - 2026) Analysis & Trends
Mercantile Bank has reported Enterprise Value for 17 years, with the latest figure at -$340.9 million in Q2 2026.
- Enterprise Value for Q2 2026 came in at -$340.9 million, down 15.15% year-over-year; the trailing twelve-month figure through Jun 2026 was -$340.9 million (down 15.15% YoY), and the FY2025 annual result was -$473.3 million, down 20.44% from the prior year.
- Enterprise Value grew to -$340.9 million in Q2 2026, from -$579.3 million in the prior quarter.
- Over five years, Enterprise Value peaked at -$57.9 million in Q1 2023 and troughed at -$770.2 million in Q1 2022.
- A 5-year average of -$333.4 million and a median of -$312.3 million in 2024 frame the typical range for Enterprise Value.
- The widest annual swing landed in 2023, when Enterprise Value soared 92.48%; it then tumbled 309.46% in 2024.
- A 5-year view of Enterprise Value shows it 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 declined by 20.44% to -$473.3 million in 2025, then climbed by 27.97% to -$340.9 million in 2026.
- Per Business Quant data, the three most recent Enterprise Value figures were -$340.9 million in Q2 2026, -$579.3 million in Q1 2026, and -$473.3 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.99 Bn | 84.80 Bn | - | -25.61 Bn |
| 2 | Pnc Financial Services | 97.68 Bn | 97.68 Bn | - | 53.00 Mn |
| 3 | Us Bancorp | 95.94 Bn | 95.94 Bn | - | 463.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | -110.07 Bn |
| 5 | NatWest | 74.78 Bn | -144.31 Bn | - | -219.08 Bn |
| 6 | Deutsche Bank Aktiengesellschaft | 72.01 Bn | -81.30 Bn | - | -153.31 Bn |
| 7 | Nu Holdings | 71.17 Bn | 57.48 Bn | 2.35 Bn | -13.68 Bn |
| 8 | Truist Financial | 61.53 Bn | 61.53 Bn | - | - |
| 9 | Fifth Third Bancorp | 49.59 Bn | 25.87 Bn | - | -23.72 Bn |
| 10 | Mercantile Bank | 1.03 Bn | 686.51 Mn | - | -340.93 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -340.93 Mn |
| 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 |