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NASDAQ · MBWMBanks - RegionalUpdated Nov 2, 2026

Mercantile Bank Corporation enterprise value

Company valuation, historical trends, and peer comparisons.

The Enterprise Value as of November 2026 (TTM) for Mercantile Bank Corporation (MBWM) is 1.10B

According to Mercantile Bank Corporation’s latest financial reports and current stock price. The company's current Enterprise Value is 1.10B. This represents a change of -8.28% compared to the average of 1.20B of the last 4 quarters.

Mercantile Bank Corporation (MBWM) Historical Enterprise Value (quarterly & annually)

How has MBWM Enterprise Value performed in the past?

The mean historical Enterprise Value of Mercantile Bank Corporation over the last ten years is 849.96M. The current 1.10B Enterprise Value has changed 29.07% with respect to the historical average. Over the past ten years (40 quarters), MBWM's Enterprise Value was at its highest in in the June 2026 quarter at 1.61B. The Enterprise Value was at its lowest in in the December 2021 quarter at 268.02M.

Quarterly (TTM)
Annual

Average

849.96M

Median

880.81M

Minimum

278.22M

Maximum

1.35B

Mercantile Bank Corporation (MBWM) Enterprise Value by Quarter and Year

Discovering the peaks and valleys of Mercantile Bank Corporation Enterprise Value, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 286.18%

Maximum Annual Enterprise Value = 1.35B

Minimum Annual Increase = -56.69%

Minimum Annual Enterprise Value = 278.22M

Quarterly (TTM)
Annual
YearEnterprise ValueChange
20251.13B16.65%
2024972.91M-28.06%
20231.35B25.88%
20221.07B286.18%
2021278.22M-26.00%
2020375.95M-56.69%
2019868.12M-2.84%
2018893.51M16.49%
2017767.03M-1.93%
2016782.16M31.19%

Mercantile Bank Corporation (MBWM) Average Enterprise Value

How has MBWM Enterprise Value performed in the past?

The current Enterprise Value of Mercantile Bank Corporation (MBWM) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

1.15B

5-year avg

962.57M

10-year avg

849.96M

Mercantile Bank Corporation (MBWM) Enterprise Value vs. Peers

How is MBWM’s Enterprise Value compared to its peers?

Mercantile Bank Corporation’s Enterprise Value is greater than Bar Harbor Bankshares (776.55M), less than Hope Bancorp, Inc. (1.70B), greater than Farmers & Merchants Bancorp, Inc. (520.04M), less than HBT Financial, Inc. (1.38B), less than Great Southern Bancorp, Inc. (1.80B), greater than Metropolitan Bank Holding Corp. (999.55M), less than Northeast Bank (1.96B), less than City Holding Company (2.35B), greater than Bankwell Financial Group, Inc. (519.07M), greater than CNB Financial Corporation (971.29M),

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