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

Mercantile Bank has reported Equity Average for 16 years, with the latest figure 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.
• The five-year high for Equity Average was $730.9 million in Q1 2026, with the low at $422.6 million in Q3 2022.
• Historically, Equity Average has averaged $538.2 million across 5 years, with a median of $529.4 million in 2024.
• Annual changes were most pronounced in 2022 — Equity Average slipped 6.52% — and 2026, when it rose 22.55%.
• Mercantile Bank's Equity Average stood at $428.8 million in 2022, then gained by 17.22% to $502.7 million in 2023, then climbed by 16.16% to $583.9 million in 2024, then rose by 18.38% to $691.3 million in 2025, then climbed 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.