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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)

Mercantile Bank's Equity Average history spans 10 years, with the latest figure at $691.3 million for Q4 2025.

  • For Q4 2025, Equity Average rose 18.38% year-over-year to $691.3 million; the TTM value through Dec 2025 reached $691.3 million, up 18.38%, while the annual FY2025 figure was $654.7 million, 18.32% up from the prior year.
  • Equity Average reached $691.3 million in Q4 2025 per MBWM's latest filing, up from $644.6 million in the prior quarter.
  • In the past five years, Equity Average ranged from a high of $691.3 million in Q4 2025 to a low of $422.6 million in Q3 2022.
  • Average Equity Average over 5 years is $510.6 million, with a median of $477.0 million recorded in 2023.
  • Peak YoY movement for Equity Average: dropped 6.52% in 2022, then grew 18.38% in 2025.
  • A 5-year view of Equity Average shows it stood at $454.4 million in 2021, then fell 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 increased by 18.38% to $691.3 million in 2025.
  • Per Business Quant, the three most recent readings for MBWM's Equity Average are $691.3 million (Q4 2025), $644.6 million (Q3 2025), and $619.9 million (Q2 2025).