companies: 9,734     total market cap: ₹9322.778 T
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Mercantile Bank
MBWM
#5990
Rank
₹59.56 B
Marketcap
🇺🇸 USA
Country
₹3,691
Share price
-5.60%
Change (1 day)
41.55%
Change (1 year)
🏦 Banks💳 Financial services
Categories

Market capitalization of Mercantile Bank (MBWM)

Market cap: ₹59.56 Billion

As of September 2024 Mercantile Bank has a market cap of ₹59.56 Billion. This makes Mercantile Bank the world's 5990th 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 Market cap Change
2024₹59.56 B10.58%
2023₹53.86 B22.55%
2022₹43.95 B6.3%
2021₹41.35 B27.64%
2020₹32.39 B-24.02%
2019₹42.63 B31.19%
2018₹32.50 B-12.73%
2017₹37.24 B-10.82%
2016₹41.76 B56.57%
2015₹26.67 B18.11%
2014₹22.58 B93.77%
2013₹11.65 B48.16%
2012₹7.86 B77.25%
2011₹4.43 B40.42%
2010₹3.16 B156.4%
2009₹1.23 B-32.41%
2008₹1.82 B-65%
2007₹5.21 B-61.09%
2006₹13.39 B1.86%
2005₹13.15 B17.69%
2004₹11.17 B-1.39%
2003₹11.33 B93.76%
2002₹5.84 B46.01%
2001₹4.00 B191.58%
2000₹1.37 B-0.06%
1999₹1.37 B

End of Day market cap according to different sources

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

₹59.56 Billion
by Yahoo Finance info icon info icon
₹59.56 Billion
by CompaniesMarketCap info icon info icon
₹59.56 Billion
by Nasdaq info icon info icon

Market capitalization for similar companies or competitors

Name Market cap Market cap differencediff. Country
Independent Bank (Michigan)
IBCP
₹59.44 B-0.21%🇺🇸 USA
Macatawa Bank
MCBC
₹42.72 B-28.28%🇺🇸 USA
1st Source
SRCE
₹123.98 B 108.13%🇺🇸 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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