Mercantile Bank Corporation (MBWM)
NASDAQ: MBWM · Real-Time Price · USD
46.00
-0.32 (-0.69%)
At close: May 16, 2025, 4:00 PM
45.81
-0.19 (-0.41%)
After-hours: May 16, 2025, 4:05 PM EDT

Mercantile Bank Market Cap

Mercantile Bank has a market cap or net worth of $743.73 million as of May 16, 2025. Its market cap has increased by 23.09% in one year.

Market Cap
743.73M
Enterprise Value
1.11B
1-Year Change
23.09%
Ranking
Category
Stock Price
$46.00

Market Cap Chart

Since July 20, 1999, Mercantile Bank's market cap has increased from $39.10M to $743.73M, an increase of 1,802.14%. That is a compound annual growth rate of 12.07%.

History

DateMarket Cap% Change
May 16, 2025743.70M3.55%
Dec 31, 2024718.20M10.99%
Dec 29, 2023647.10M21.82%
Dec 30, 2022531.20M-3.22%
Dec 31, 2021548.90M24.44%
Dec 31, 2020441.10M-25.97%
Dec 31, 2019595.80M27.04%
Dec 31, 2018469.00M-19.60%
Dec 29, 2017583.30M-5.09%
Dec 30, 2016614.60M53.96%
Dec 31, 2015399.20M12.61%
Dec 31, 2014354.50M88.66%
Dec 31, 2013187.90M31.86%
Dec 31, 2012142.50M69.85%
Dec 30, 201183.90M19.01%
Dec 31, 201070.50M166.04%
Dec 31, 200926.50M-27.79%
Dec 31, 200836.70M-72.07%
Dec 31, 2007131.40M-56.53%
Dec 29, 2006302.30M3.46%
Dec 30, 2005292.20M2.89%
Dec 31, 2004284.00M14.33%
Dec 31, 2003248.40M103.94%
Dec 31, 2002121.80M45.35%
Dec 31, 200183.80M185.03%
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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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Market Cap Rankings