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Mercantile Bank logo

Mercantile Bank Market Cap

$0.78 B
+28.63 M
NASDAQ:MBWM · January 23, 2025
Share price
$48.52
Enterprise Value
$1.17 B
Change (1-Year)
11.0%
Global Rank
#5551
Country Rank
#2100
Regions
USA
Market cap

As of January 23, 2025, Mercantile Bank (MBWM) has a market cap of $0.78 billion USD. According to our data, Mercantile Bank is ranked No.5551 in global market value.

Sector Rank:
MBWM Market Capitalization Growth
30D Growth:
-3.0%
1 Years Growth:
11.0%
3 Years Growth:
28.3%
5 Years Growth:
58.1%
10 Years Growth:
234.4%
15 Years Growth:
1850.4%
20 Years Growth:
110.0%
Total Growth:
606%

Mercantile Bank Market Cap Chart

1M
3M
6M
YTD
1Y
3Y
5Y
10Y
15Y
20Y
MAX

Mercantile Bank Market Cap CAGR Chart

Mercantile Bank Market Cap History 1999 - 2025

Year Market Cap %Change
Jan 23, 2025 $0.78 B
9.09%
Dec 31, 2024 $0.72 B
14.03%
Dec 29, 2023 $0.63 B
25.81%
Dec 30, 2022 $0.50 B
-0.84%
Dec 31, 2021 $0.50 B
33.79%
Dec 31, 2020 $0.38 B
-22.04%
Dec 31, 2019 $0.48 B
33.33%
Dec 31, 2018 $0.36 B
-15.74%
Dec 29, 2017 $0.43 B
-4.02%
Dec 30, 2016 $0.45 B
59.75%
Dec 31, 2015 $0.28 B
20.02%
Dec 31, 2014 $0.23 B
9.01%
Dec 31, 2013 $0.21 B
34.02%
Dec 31, 2012 $0.16 B
70.24%
Dec 30, 2011 $94.13 M
18.90%
Dec 31, 2010 $79.17 M
166.94%
Dec 31, 2009 $29.66 M
-27.10%
Dec 31, 2008 $40.68 M
-71.48%
Dec 31, 2007 $0.14 B
-55.77%
Dec 29, 2006 $0.32 B
-0.78%
Dec 30, 2005 $0.33 B
3.36%
Dec 31, 2004 $0.31 B
14.75%
Dec 31, 2003 $0.27 B
64.34%
Dec 31, 2002 $0.17 B
39.90%
Dec 31, 2001 $0.12 B
56.95%
Dec 29, 2000 $75.93 M
-6.86%
Dec 31, 1999 $81.53 M
100%

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About Mercantile Bank Inc.

Name
Mercantile Bank Corporation
Headquarters
Grand Rapids,MI
symbol
MBWM
CURRENCY
USD
country
United States
fullTimeEmployees
653
exchange
NMS
firstTradeDateEpochUtc
1999/07/20
MBWM Market Cap Formula
Market Cap = MBWM Stock Price * MBWM Shares Outstanding
= $48.52 * 16.15 M
= $0.78 B
What is Market Cap?
Market capitalization represents the market's valuation of a company, calculated by multiplying the current share price by the total number of outstanding shares. It helps to assess the company's size and allows for comparison with other companies.
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