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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 - 2026)

Mercantile Bank (MBWM) has disclosed Equity Average for 11 consecutive years, with $730.9 million as the latest value for Q1 2026.

  • For Q1 2026, Equity Average rose 22.55% year-over-year to $730.9 million; the TTM value through Mar 2026 reached $730.9 million, up 22.55%, while the annual FY2025 figure was $654.7 million, 18.32% up from the prior year.
  • Equity Average hit $730.9 million in Q1 2026 for Mercantile Bank, 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.
  • Average Equity Average over 5 years is $538.2 million, with a median of $529.4 million recorded in 2024.
  • Year-over-year, Equity Average dropped 6.52% in 2022 and then grew 22.55% in 2026.
  • Mercantile Bank's Equity Average stood at $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, then increased by 5.74% to $730.9 million in 2026.
  • According to Business Quant data, Equity Average over the past three periods came in at $730.9 million, $691.3 million, and $644.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.