Mercantile Bank (MBWM) - Market capitalization

Market cap: HK$6.19 Billion

As of November 2024 Mercantile Bank has a market cap of HK$6.19 Billion. This makes Mercantile Bank the world's 5899th 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	HK$6.19 B	22.64%
2023	HK$5.05 B	21.76%
2022	HK$4.15 B	-4.07%
2021	HK$4.32 B	25.79%
2020	HK$3.43 B	-26.27%
2019	HK$4.66 B	27.5%
2018	HK$3.65 B	-19.71%
2017	HK$4.55 B	-4.37%
2016	HK$4.76 B	53.17%
2015	HK$3.11 B	12.41%
2014	HK$2.76 B	89.27%
2013	HK$1.46 B	31.33%
2012	HK$1.11 B	70.88%
2011	HK$0.65 B	18.76%
2010	HK$0.54 B	167.38%
2009	HK$0.20 B	-27.62%
2008	HK$0.28 B	-72.49%
2007	HK$1.03 B	-56.19%
2006	HK$2.35 B	3.81%
2005	HK$2.26 B	2.63%
2004	HK$2.20 B	14.66%
2003	HK$1.92 B	102.46%
2002	HK$0.95 B	46.93%
2001	HK$0.64 B	181.97%
2000	HK$0.22 B	-6.55%
1999	HK$0.24 B

End of Day market cap according to different sources

On Nov 13th, 2024 the market cap of Mercantile Bank was reported to be:

HK$6.22 Billion

by Nasdaq

HK$6.22 Billion

by CompaniesMarketCap

Market capitalization for similar companies or competitors

Name	Marketcap	Market cap differencediff.	Country
Independent Bank (Michigan) IBCP	HK$6.16 B	-0.54%	🇺🇸 USA
Macatawa Bank MCBC	HK$3.96 B	-36.07%	🇺🇸 USA
1st Source SRCE	HK$12.46 B	101.18%	🇺🇸 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: HK$6.19 Billion