Mercantile Bank (MBWM) Equity Average (2010 - 2026)

Mercantile Bank (MBWM) has 16 years of Equity Average data on file, last reported at $730.9 million in Q1 2026.

• For the quarter ending Q1 2026, Equity Average rose 22.55% year-over-year to $730.9 million; the trailing twelve-month figure through Mar 2026 stood at $730.9 million (up 22.55% YoY), and the FY2025 full-year result was $654.7 million, up 18.32% from the prior year.
• Equity Average for Q1 2026 stood at $730.9 million, up from $691.3 million in the prior quarter.
• Across five years, Equity Average topped out at $730.9 million in Q1 2026 and bottomed at $422.6 million in Q3 2022.
• The 5-year median for Equity Average is $529.4 million (2024), against an average of $538.2 million.
• The widest annual swing landed in 2022, when Equity Average slipped 6.52%; it then rose 22.55% in 2026.
• A 5-year view of Equity Average shows it stood at $428.8 million in 2022, then advanced by 17.22% to $502.7 million in 2023, then grew by 16.16% to $583.9 million in 2024, then gained by 18.38% to $691.3 million in 2025, then grew by 5.74% to $730.9 million in 2026.
• The last three Equity Average figures came in at $730.9 million (Q1 2026), $691.3 million (Q4 2025), and $644.6 million (Q3 2025), per Business Quant data.

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