Mercantile Bank Market Cap

Mercantile Bank has a market cap or net worth of $1.02 billion as of October 16, 2026. It is the 10,085th most valuable company in the world and the 2,232nd biggest in the United States. Its market cap has increased by 37.54% in one year.

Market Cap

1.02B

Enterprise Value

1.37B

1-Year Change

37.54%

Global Rank

#10,085

Country Rank

#2,232 United States

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Since July 20, 1999, Mercantile Bank's market cap has increased from $39.10M to $1.02B, an increase of 2,499.52%. That is a compound annual growth rate of 12.69%.

Market Cap History

Date	Market Cap	% Change
Oct 16, 2026	1.02B	30.01%
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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