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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioInterest Coverage RatioInvested CapitalMarket CapitalizationNet MarginReturn on AssetsReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Mercantile Bank (MBWM) Enterprise Value: 2009-2024

Historic Enterprise Value for Mercantile Bank (MBWM) over the last 16 years, with Dec 2024 value amounting to $360.7 million.

  • Mercantile Bank's Enterprise Value fell 32.49% to $229.1 million in Q3 2025 from the same period last year, while for Sep 2025 it was -$922.9 million, marking a year-over-year decrease of 194.47%. This contributed to the annual value of $360.7 million for FY2024, which is 26.23% down from last year.
  • Latest data reveals that Mercantile Bank reported Enterprise Value of $360.7 million as of FY2024, which was down 26.23% from $489.0 million recorded in FY2023.
  • In the past 5 years, Mercantile Bank's Enterprise Value ranged from a high of $489.0 million in FY2023 and a low of -$430.8 million during FY2021.
  • For the 3-year period, Mercantile Bank's Enterprise Value averaged around $419.3 million, with its median value being $408.3 million (2022).
  • Its Enterprise Value has fluctuated over the past 5 years, first plummeted by 151.36% in 2020, then spiked by 194.76% in 2022.
  • Mercantile Bank's Enterprise Value (Yearly) stood at -$185.9 million in 2020, then slumped by 131.70% to -$430.8 million in 2021, then surged by 194.76% to $408.3 million in 2022, then climbed by 19.79% to $489.0 million in 2023, then declined by 26.23% to $360.7 million in 2024.