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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.
  • Per Mercantile Bank's latest filing, its Equity Average stood at $644.6 million for Q3 2025, which was up 1363.53% from $619.9 million recorded in Q2 2025.
  • Mercantile Bank's Equity Average's 5-year high stood at $644.6 million during Q3 2025, with a 5-year trough of $422.6 million in Q3 2022.
  • Moreover, its 5-year median value for Equity Average was $473.0 million (2023), whereas its average is $501.1 million.
  • Its Equity Average has fluctuated over the past 5 years, first plummeted by 651.67% in 2022, then skyrocketed by 1793.81% in 2024.
  • Mercantile Bank's Equity Average (Quarter) stood at $454.4 million in 2021, then dropped by 5.63% to $428.8 million in 2022, then rose by 17.22% to $502.7 million in 2023, then increased by 16.16% to $583.9 million in 2024, then rose by 10.39% to $644.6 million in 2025.
  • Its Equity Average stands at $644.6 million for Q3 2025, versus $619.9 million for Q2 2025 and $596.4 million for Q1 2025.