Mercantile Bank (MBWM) - Market capitalization

Market cap: C$1.03 Billion

As of December 2024 Mercantile Bank has a market cap of C$1.03 Billion. This makes Mercantile Bank the world's 6115th most valuable company by market cap according to our data. The market capitalization, commonly called market cap, is the total market value of a publicly traded company's outstanding shares and is commonly used to measure how much a company is worth.

Market cap history of Mercantile Bank from 1999 to 2024

End of year Market Cap

Year	Marketcap	Change
2024	C$1.03 B	20.77%
2023	C$0.85 B	19.07%
2022	C$0.72 B	1.93%
2021	C$0.70 B	24.99%
2020	C$0.56 B	-27.69%
2019	C$0.78 B	22.92%
2018	C$0.63 B	-13.21%
2017	C$0.73 B	-11.21%
2016	C$0.82 B	48.31%
2015	C$0.55 B	34.47%
2014	C$0.41 B	106.28%
2013	C$0.20 B	40.54%
2012	C$0.14 B	67.39%
2011	C$85.34 M	21.09%
2010	C$70.47 M	153.09%
2009	C$27.84 M	-37.58%
2008	C$44.6 M	-66.17%
2007	C$0.13 B	-62.56%
2006	C$0.35 B	3.5%
2005	C$0.34 B	-0.29%
2004	C$0.34 B	5.89%
2003	C$0.32 B	67.3%
2002	C$0.19 B	45.65%
2001	C$0.13 B	199.89%
2000	C$44.09 M	-3.31%
1999	C$45.6 M

End of Day market cap according to different sources

On Dec 30th, 2024 the market cap of Mercantile Bank was reported to be:

C$1.03 Billion

by Nasdaq

C$1.03 Billion

by CompaniesMarketCap

Market capitalization for similar companies or competitors

Name	Marketcap	Market cap differencediff.	Country
Independent Bank (Michigan) IBCP	C$1.04 B	0.64%	🇺🇸 USA
Macatawa Bank MCBC	C$0.73 B	-29.39%	🇺🇸 USA
1st Source SRCE	C$2.06 B	99.23%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Market capitalization of Mercantile Bank (MBWM)

Market cap: C$1.03 Billion