Mercantile Bank Corporation (MBWM)
NASDAQ: MBWM · IEX Real-Time Price · USD
+0.08 (0.16%)
Jul 17, 2024, 4:00 PM EDT - Market closed

Mercantile Bank Market Cap

Mercantile Bank has a market cap or net worth of $798.30 million as of July 17, 2024. Its market cap has increased by 80.65% in one year.

Market Cap
Enterprise Value
1-Year Change
Stock Price

Market Cap Chart

Since July 20, 1999, Mercantile Bank's market cap has increased from $39.10M to $798.30M, an increase of 1,941.69%. That is a compound annual growth rate of 12.82%.


DateMarket Cap% Change
Jul 16, 2024797.00M23.16%
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%
Dec 29, 200029.40M-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