Mercantile Bank (MBWM) Intangibles (2016 - 2023)

Historic Intangibles for Mercantile Bank (MBWM) over the last 9 years, with Q3 2023 value amounting to $212000.0.

  • Mercantile Bank's Intangibles fell 7139.0% to $212000.0 in Q3 2023 from the same period last year, while for Sep 2023 it was $212000.0, marking a year-over-year decrease of 7139.0%. This contributed to the annual value of $583000.0 for FY2022, which is 9666.86% down from last year.
  • As of Q3 2023, Mercantile Bank's Intangibles stood at $212000.0, which was down 7139.0% from $291000.0 recorded in Q2 2023.
  • In the past 5 years, Mercantile Bank's Intangibles registered a high of $17.5 million during Q4 2019, and its lowest value of $212000.0 during Q3 2023.
  • In the last 5 years, Mercantile Bank's Intangibles had a median value of $2.1 million in 2021 and averaged $4.5 million.
  • In the last 5 years, Mercantile Bank's Intangibles changed by 0.0% in 2019 and then plummeted by 9666.86% in 2022.
  • Quarter analysis of 5 years shows Mercantile Bank's Intangibles stood at $17.5 million in 2019, then changed by 0.0% to $17.5 million in 2020, then changed by 0.0% to $17.5 million in 2021, then crashed by 96.67% to $583000.0 in 2022, then crashed by 63.64% to $212000.0 in 2023.
  • Its last three reported values are $212000.0 in Q3 2023, $291000.0 for Q2 2023, and $424000.0 during Q1 2023.