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.
  • Latest data reveals that Mercantile Bank reported Intangibles of $212000.0 as of Q3 2023, which was down 7139.0% from $291000.0 recorded in Q2 2023.
  • Over the past 5 years, Mercantile Bank's Intangibles peaked at $17.5 million during Q4 2019, and registered a low of $212000.0 during Q3 2023.
  • Over the past 5 years, Mercantile Bank's median Intangibles value was $2.1 million (recorded in 2021), while the average stood at $4.5 million.
  • Its Intangibles has fluctuated over the past 5 years, first changed by 0.0% in 2019, 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 Intangibles was $212000.0 in Q3 2023, compared to $291000.0 in Q2 2023 and $424000.0 in Q1 2023.