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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioInterest Coverage RatioInvested CapitalMarket CapitalizationNet MarginReturn on AssetsReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Mercantile Bank (MBWM) Equity Average: 2011-2025

Historic Equity Average for Mercantile Bank (MBWM) over the last 12 years, with Sep 2025 value amounting to $644.6 million.

  • Mercantile Bank's Equity Average rose 13.64% 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 13.64%. This contributed to the annual value of $553.3 million for FY2024, which is 14.85% up from last year.
  • According to the latest figures from Q3 2025, Mercantile Bank's Equity Average is $644.6 million, which was up 3.97% 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 3-year average for Equity Average is $545.1 million, with a median of $543.9 million in 2024.
  • In the last 5 years, Mercantile Bank's Equity Average fell by 6.52% in 2022 and then grew by 17.94% in 2024.
  • Over the past 5 years, Mercantile Bank's Equity Average (Quarterly) stood at $454.4 million in 2021, then fell by 5.63% to $428.8 million in 2022, then climbed by 17.22% to $502.7 million in 2023, then rose by 16.16% to $583.9 million in 2024, then rose by 13.64% 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.