Balance Sheet
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Income Statement
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Mercantile Bank (MBWM) Intangibles: 2014-2023

Historic Intangibles for Mercantile Bank (MBWM) over the last 8 years, with Sep 2023 value amounting to $212,000.

  • Mercantile Bank's Intangibles fell 71.39% to $212,000 in Q3 2023 from the same period last year, while for Sep 2023 it was $212,000, marking a year-over-year decrease of 71.39%. This contributed to the annual value of $583,000 for FY2022, which is 96.67% down from last year.
  • As of Q3 2023, Mercantile Bank's Intangibles stood at $212,000, which was down 27.15% from $291,000 recorded in Q2 2023.
  • Mercantile Bank's 5-year Intangibles high stood at $17.5 million for Q4 2019, and its period low was $212,000 during Q3 2023.
  • In the last 3 years, Mercantile Bank's Intangibles had a median value of $900,000 in 2022 and averaged $2.5 million.
  • Data for Mercantile Bank's Intangibles shows a maximum YoY slumped of 96.67% (in 2022) over the last 5 years.
  • Mercantile Bank's Intangibles (Quarterly) stood at $17.5 million in 2019, then remained steady at $17.5 million in 2020, then remained steady at $17.5 million in 2021, then crashed by 96.67% to $583,000 in 2022, then tumbled by 71.39% to $212,000 in 2023.
  • Its Intangibles was $212,000 in Q3 2023, compared to $291,000 in Q2 2023 and $424,000 in Q1 2023.