Mercantile Bank (MBWM) - Market capitalization

Market cap: ₹66.88 Billion

As of November 2024 Mercantile Bank has a market cap of ₹66.88 Billion. This makes Mercantile Bank the world's 5912th 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	₹66.88 B	24.16%
2023	₹53.86 B	22.55%
2022	₹43.95 B	6.43%
2021	₹41.29 B	27.27%
2020	₹32.44 B	-24.04%
2019	₹42.71 B	30.75%
2018	₹32.67 B	-12.28%
2017	₹37.24 B	-10.82%
2016	₹41.76 B	56.55%
2015	₹26.67 B	17.96%
2014	₹22.61 B	94.12%
2013	₹11.65 B	48.13%
2012	₹7.86 B	77.22%
2011	₹4.43 B	40.48%
2010	₹3.15 B	157.27%
2009	₹1.22 B	-30.36%
2008	₹1.76 B	-66%
2007	₹5.18 B	-61.28%
2006	₹13.39 B	1.86%
2005	₹13.15 B	6.88%
2004	₹12.30 B	8.78%
2003	₹11.31 B	93.4%
2002	₹5.84 B	46.01%
2001	₹4.00 B	191.58%
2000	₹1.37 B	-0.06%
1999	₹1.37 B

End of Day market cap according to different sources

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

₹67.03 Billion

by Nasdaq

₹66.88 Billion

by CompaniesMarketCap

Market capitalization for similar companies or competitors

Name	Marketcap	Market cap differencediff.	Country
Independent Bank (Michigan) IBCP	₹66.59 B	-0.44%	🇺🇸 USA
Macatawa Bank MCBC	₹43.02 B	-35.67%	🇺🇸 USA
1st Source SRCE	₹134.68 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: ₹66.88 Billion