Balance Sheet
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Income Statement
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Mercantile Bank (MBWM) Intangibles: 2016-2022

Historic Intangibles for Mercantile Bank (MBWM) over the last 7 years, with Dec 2022 value amounting to $583,000.

  • 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.
  • Mercantile Bank's Intangibles amounted to $583,000 in FY2022, which was down 96.67% from $17.5 million recorded in FY2021.
  • Over the past 5 years, Mercantile Bank's Intangibles peaked at $17.5 million during FY2018, and registered a low of $583,000 during FY2022.
  • In the last 3 years, Mercantile Bank's Intangibles had a median value of $17.5 million in 2021 and averaged $11.9 million.
  • Data for Mercantile Bank's Intangibles shows a maximum YoY plummeted of 96.67% (in 2022) over the last 5 years.
  • Mercantile Bank's Intangibles (Yearly) stood at $17.5 million in 2018, then remained steady 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 slumped by 96.67% to $583,000 in 2022.