Mercantile Bank (MBWM) - Market capitalization

Market cap: £0.64 Billion

As of November 2024 Mercantile Bank has a market cap of £0.64 Billion. This makes Mercantile Bank the world's 5885th 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	£0.64 B	27.25%
2023	£0.50 B	15.67%
2022	£0.43 B	6.82%
2021	£0.41 B	26.28%
2020	£0.32 B	-28.74%
2019	£0.45 B	24.1%
2018	£0.36 B	-14.71%
2017	£0.43 B	-13.35%
2016	£0.49 B	83.87%
2015	£0.27 B	18.19%
2014	£0.22 B	100.48%
2013	£0.11 B	28.64%
2012	£88.87 M	64.66%
2011	£53.97 M	18.19%
2010	£45.67 M	179.26%
2009	£16.35 M	-34.67%
2008	£25.03 M	-62.37%
2007	£66.53 M	-56.91%
2006	£0.15 B	-8.89%
2005	£0.16 B	14.51%
2004	£0.14 B	6.56%
2003	£0.13 B	82.58%
2002	£76.05 M	32.85%
2001	£57.25 M	190.32%
2000	£19.72 M	0.78%
1999	£19.56 M

End of Day market cap according to different sources

On Nov 23rd, 2024 the market cap of Mercantile Bank was reported to be:

£0.64 Billion

by Nasdaq

£0.64 Billion

by CompaniesMarketCap

Market capitalization for similar companies or competitors

Name	Marketcap	Market cap differencediff.	Country
Independent Bank (Michigan) IBCP	£0.63 B	-1.10%	🇺🇸 USA
Macatawa Bank MCBC	£0.40 B	-37.39%	🇺🇸 USA
1st Source SRCE	£1.29 B	99.80%	🇺🇸 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: £0.64 Billion