Mercantile Bank Market Cap

Mercantile Bank has a market cap or net worth of $813.39 million as of November 22, 2024. Its market cap has increased by 49.96% in one year.

Market Cap

813.39M

Enterprise Value

n/a

1-Year Change

49.96%

Ranking

#2670

Market Cap Chart

Since July 20, 1999, Mercantile Bank's market cap has increased from $39.10M to $813.39M, an increase of 1,980.29%. That is a compound annual growth rate of 12.71%.

Market Cap History

Date	Market Cap	% Change
Nov 21, 2024	791.60M	22.33%
Dec 29, 2023	647.10M	21.82%
Dec 30, 2022	531.20M	-3.22%
Dec 31, 2021	548.90M	24.44%
Dec 31, 2020	441.10M	-25.97%
Dec 31, 2019	595.80M	27.04%
Dec 31, 2018	469.00M	-19.60%
Dec 29, 2017	583.30M	-5.09%
Dec 30, 2016	614.60M	53.96%
Dec 31, 2015	399.20M	12.61%
Dec 31, 2014	354.50M	88.66%
Dec 31, 2013	187.90M	31.86%
Dec 31, 2012	142.50M	69.85%
Dec 30, 2011	83.90M	19.01%
Dec 31, 2010	70.50M	166.04%
Dec 31, 2009	26.50M	-27.79%
Dec 31, 2008	36.70M	-72.07%
Dec 31, 2007	131.40M	-56.53%
Dec 29, 2006	302.30M	3.46%
Dec 30, 2005	292.20M	2.89%
Dec 31, 2004	284.00M	14.33%
Dec 31, 2003	248.40M	103.94%
Dec 31, 2002	121.80M	45.35%
Dec 31, 2001	83.80M	185.03%
Dec 29, 2000	29.40M	-6.67%

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Market Capitalization

Market capitalization, also called net worth, is the total value of all of a company's outstanding shares. It is calculated by multiplying the stock price by the number of shares outstanding.

Formula: Market Cap = Stock Price * Shares Outstanding

Full Definition

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