Mercantile Bank Corporation (MBWM)
NASDAQ: MBWM · Real-Time Price · USD
53.01
-1.35 (-2.48%)
Jun 17, 2026, 3:50 PM EDT - Market open
Mercantile Bank Market Cap
Mercantile Bank has a market cap or net worth of $915.71 million as of June 17, 2026. Its market cap has increased by 27.73% in one year.
Market Cap
915.71M
Enterprise Value
1.06B
1-Year Change
27.73%
Ranking
Category
Stock Price
$53.01
Market Cap Chart
Since July 20, 1999, Mercantile Bank's market cap has increased from $39.10M to $915.71M, an increase of 2,241.98%. That is a compound annual growth rate of 12.42%.
Market Cap History
| Date | Market Cap | % Change |
|---|---|---|
| Jun 17, 2026 | 915.71M | 17.13% |
| Dec 31, 2025 | 781.80M | 8.86% |
| Dec 31, 2024 | 718.20M | 10.99% |
| 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% |
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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
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