companies: 9,734     total market cap: $111.125 T
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Mercantile Bank
MBWM
#5990
Rank
$0.71 B
Marketcap
🇺🇸 USA
Country
$44.00
Share price
-5.60%
Change (1 day)
39.95%
Change (1 year)
🏦 Banks💳 Financial services
Categories

Market capitalization of Mercantile Bank (MBWM)

Market cap: $0.71 Billion

As of September 2024 Mercantile Bank has a market cap of $0.71 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$0.71 B9.73%
2023$0.64 B21.81%
2022$0.53 B-4.27%
2021$0.55 B25.06%
2020$0.44 B-25.93%
2019$0.59 B28.2%
2018$0.46 B-19.9%
2017$0.58 B-5.09%
2016$0.61 B53.1%
2015$0.40 B12.5%
2014$0.35 B89.22%
2013$0.18 B31.28%
2012$0.14 B71.22%
2011$83.89 M19%
2010$70.5 M166.4%
2009$26.46 M-27.86%
2008$36.68 M-72.24%
2007$0.13 B-56.3%
2006$0.30 B3.49%
2005$0.29 B2.86%
2004$0.28 B14.37%
2003$0.24 B103.7%
2002$0.12 B46.91%
2001$83.01 M182.03%
2000$29.43 M-6.91%
1999$31.61 M

End of Day market cap according to different sources

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

$0.71 Billion
by Yahoo Finance info icon info icon
$0.71 Billion
by CompaniesMarketCap info icon info icon
$0.71 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
$0.70 B-0.21%🇺🇸 USA
Macatawa Bank
MCBC
$0.50 B-28.28%🇺🇸 USA
1st Source
SRCE
$1.47 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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