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

Mercantile Bank (MBWM) Equity Average (2016 - 2025)

Historic Equity Average for Mercantile Bank (MBWM) over the last 14 years, with Q3 2025 value amounting to $644.6 million.

  • Mercantile Bank's Equity Average rose 1363.53% to $644.6 million in Q3 2025 from the same period last year, while for Sep 2025 it was $644.6 million, marking a year-over-year increase of 1363.53%. This contributed to the annual value of $553.3 million for FY2024, which is 1485.32% up from last year.
  • As of Q3 2025, Mercantile Bank's Equity Average stood at $644.6 million, which was up 1363.53% from $619.9 million recorded in Q2 2025.
  • In the past 5 years, Mercantile Bank's Equity Average ranged from a high of $644.6 million in Q3 2025 and a low of $422.6 million during Q3 2022
  • Over the past 5 years, Mercantile Bank's median Equity Average value was $473.0 million (recorded in 2023), while the average stood at $501.1 million.
  • Per our database at Business Quant, Mercantile Bank's Equity Average crashed by 651.67% in 2022 and then soared by 1793.81% in 2024.
  • Mercantile Bank's Equity Average (Quarter) stood at $454.4 million in 2021, then fell by 5.63% to $428.8 million in 2022, then increased by 17.22% to $502.7 million in 2023, then grew by 16.16% to $583.9 million in 2024, then increased by 10.39% to $644.6 million in 2025.
  • Its last three reported values are $644.6 million in Q3 2025, $619.9 million for Q2 2025, and $596.4 million during Q1 2025.