Mercantile Bank (MBWM) Market Capitalization (2010 - 2026)
Mercantile Bank's Market Capitalization came in at $992.56 million for Q2 2026, up 31.6% from $754.1 million a year earlier and up 13.8% from the prior quarter.
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Analysis
Mercantile Bank (MBWM) Market Capitalization (2010 - 2026) Analysis & Trends
For FY2025, Mercantile Bank's Market Capitalization was $826.41 million, up 15.0% from FY2024.
- Market Capitalization has increased in each of the last three years, with a five-year compound annual growth rate of 13.2% (FY2020 to FY2025).
- Going back by year, Market Capitalization was $718.35 million in FY2024 (+10.3%), $651.15 million in FY2023 (+21.6%), $535.51 million in FY2022 (-3.5%) and $554.87 million in FY2021 (+25.1%).
- The Q2 2026 figure represents the highest quarterly Market Capitalization in data going back to Q2 2010.
- Year-over-year, Market Capitalization has increased for 12 consecutive quarters, with growth averaging 19.5% over the last eight quarters.
- The fastest year-over-year change in Market Capitalization over five years came in Q3 2021 (growth of 72.0%), and the weakest in Q1 2023 (a decline of 12.8%).
- Business Quant data shows MBWM's Market Capitalization at $872.35 million (Q1 2026), $826.41 million (Q4 2025) and $731.41 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - |
| 10 | Mercantile Bank | 1.01 Bn | 1.01 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 992.56 Mn |
| Mar 31, 2026 | 872.35 Mn |
| Dec 31, 2025 | 826.41 Mn |
| Sep 30, 2025 | 731.41 Mn |
| Jun 30, 2025 | 754.10 Mn |
| Mar 31, 2025 | 705.28 Mn |
| Dec 31, 2024 | 718.35 Mn |
| Sep 30, 2024 | 705.75 Mn |
| Jun 30, 2024 | 654.70 Mn |
| Mar 31, 2024 | 620.56 Mn |
| Dec 31, 2023 | 651.15 Mn |
| Sep 30, 2023 | 495.28 Mn |
| Jun 30, 2023 | 442.42 Mn |
| Mar 31, 2023 | 489.32 Mn |
| Dec 31, 2022 | 535.51 Mn |
| Sep 30, 2022 | 471.39 Mn |
| Jun 30, 2022 | 506.76 Mn |
| Mar 31, 2022 | 561.17 Mn |
| Dec 31, 2021 | 554.87 Mn |
| Sep 30, 2021 | 503.44 Mn |
API Access
Mercantile Bank Market Capitalization API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=market-capitalization&ticker=MBWM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "market-capitalization", "ticker": "MBWM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=market-capitalization&ticker=MBWM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();