Mercantile Bank MBWM
NASDAQ MBWM
$60.93 -0.29 (-0.47%)
As of: Nov 12, 2026 · 2:06 PM EST

Mercantile Bank (MBWM) Sales of Property, Plant and Equipment (2016 - 2024)

Updated

Mercantile Bank (MBWM) recorded Sales of Property, Plant and Equipment of $283,000 in FY2024, down 52.7% from $598,000 in FY2023.

Analysis

Mercantile Bank (MBWM) Sales of Property, Plant and Equipment (2016 - 2024) Analysis & Trends

Starting with FY2016, Mercantile Bank's Sales of Property, Plant and Equipment history includes 9 years.

  • Annual Sales of Property, Plant and Equipment has a five-year compound annual growth rate of -19.8% (FY2019 to FY2024).
  • The FY2024 figure is the lowest annual Sales of Property, Plant and Equipment since FY2020.
  • Per Business Quant data, MBWM's Sales of Property, Plant and Equipment was $598,000 in FY2023 (-80.0%), $2.99 million in FY2022 (+297.6%), $753,000 in FY2021 (+364.8%) and $162,000 in FY2020 (-81.0%).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) PP&E (Sale) (Qtr)
1 Jpmorgan Chase 909.02 Bn 886.77 Bn - -
2 Banco Santander Chile 406.67 Bn -7,110.43 Bn - -
3 Bank Of America 350.91 Bn -2,025.20 Bn - -
4 Hsbc Holdings 308.71 Bn -2,966.46 Bn - -
5 Morgan Stanley 293.66 Bn -249.15 Bn - -
6 Royal Bank Of Canada 283.56 Bn -546.44 Bn - -
7 Goldman Sachs 262.71 Bn -3,480.74 Bn - -
8 Wells Fargo & Company 257.44 Bn 92.87 Bn - -
9 Mitsubishi Ufj Financial 256.82 Bn -75.42 Bn 10.89 Bn -
10 Mercantile Bank 1.06 Bn -4.34 Bn - -
Historic Data

Historic Data

Download Data
DateValue
Sep 30, 2024 5,000.00
Sep 30, 2023 598,000.00
Sep 30, 2022 2.99 Mn
Dec 31, 2021 483,000.00
Sep 30, 2021 265,000.00
Jun 30, 2021 5,000.00
Mar 31, 2020 162,000.00
Mar 31, 2019 854,000.00
Jun 30, 2018 1.96 Mn
Dec 31, 2017 3,000.00
Jun 30, 2017 22,000.00
Sep 30, 2016 -1,000.00
Jun 30, 2016 1,000.00
Mar 31, 2016 45,000.00
API Access

Mercantile Bank Sales of Property, Plant and Equipment 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=sales-of-property-plant-and-equipment&ticker=MBWM&period=max&api_key=YOUR_API_KEY