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.
  • 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.
  • Its 5-year average for Equity Average is $501.1 million, with a median of $473.0 million in 2023.
  • Its Equity Average has fluctuated over the past 5 years, first crashed by 651.67% in 2022, then soared by 1793.81% in 2024.
  • Quarter analysis of 5 years shows Mercantile Bank's Equity Average 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 Equity Average stands at $644.6 million for Q3 2025, versus $619.9 million for Q2 2025 and $596.4 million for Q1 2025.