Mercantile Bank (MBWM) - Market capitalization

Market cap: $0.79 Billion USD

As of November 2024 Mercantile Bank has a market cap of $0.79 Billion USD. This makes Mercantile Bank the world's 5915th 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	$0.79 B	22.34%
2023	$0.64 B	21.81%
2022	$0.53 B	-4.27%
2021	$0.55 B	25.06%
2020	$0.44 B	-25.93%
2019	$0.59 B	28.2%
2018	$0.46 B	-19.9%
2017	$0.58 B	-5.09%
2016	$0.61 B	53.1%
2015	$0.40 B	12.5%
2014	$0.35 B	89.22%
2013	$0.18 B	31.28%
2012	$0.14 B	71.22%
2011	$83.89 M	19%
2010	$70.5 M	166.4%
2009	$26.46 M	-27.86%
2008	$36.68 M	-72.24%
2007	$0.13 B	-56.3%
2006	$0.30 B	3.49%
2005	$0.29 B	2.86%
2004	$0.28 B	14.37%
2003	$0.24 B	103.7%
2002	$0.12 B	46.91%
2001	$83.01 M	182.03%
2000	$29.43 M	-6.91%
1999	$31.61 M

End of Day market cap according to different sources

On Nov 21st, 2024 the market cap of Mercantile Bank was reported to be:

$0.79 Billion USD

by Nasdaq

$0.79 Billion USD

by CompaniesMarketCap

Market capitalization for similar companies or competitors

Name	Marketcap	Market cap differencediff.	Country
Independent Bank (Michigan) IBCP	$0.78 B	-0.44%	🇺🇸 USA
Macatawa Bank MCBC	$0.50 B	-35.67%	🇺🇸 USA
1st Source SRCE	$1.59 B	101.37%	🇺🇸 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: $0.79 Billion USD