Mercantile Bank (MBWM) - Market capitalization

Market cap: NZ$1.35 Billion

As of November 2024 Mercantile Bank has a market cap of NZ$1.35 Billion. This makes Mercantile Bank the world's 5916th 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	NZ$1.35 B	32.44%
2023	NZ$1.02 B	22.29%
2022	NZ$0.83 B	2.99%
2021	NZ$0.81 B	32.1%
2020	NZ$0.61 B	-30.86%
2019	NZ$0.88 B	27.68%
2018	NZ$0.69 B	-15.19%
2017	NZ$0.82 B	-7.43%
2016	NZ$0.88 B	51.27%
2015	NZ$0.58 B	28.78%
2014	NZ$0.45 B	98.46%
2013	NZ$0.22 B	31.42%
2012	NZ$0.17 B	62.44%
2011	NZ$0.10 B	17.63%
2010	NZ$91.38 M	150.81%
2009	NZ$36.43 M	-42.37%
2008	NZ$63.22 M	-63.36%
2007	NZ$0.17 B	-59.81%
2006	NZ$0.42 B	0.41%
2005	NZ$0.42 B	7.39%
2004	NZ$0.39 B	4.19%
2003	NZ$0.38 B	63.99%
2002	NZ$0.23 B	16.57%
2001	NZ$0.19 B	200.98%
2000	NZ$66.41 M	9.77%
1999	NZ$60.5 M

End of Day market cap according to different sources

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

NZ$1.35 Billion

by Nasdaq

NZ$1.35 Billion

by CompaniesMarketCap

Market capitalization for similar companies or competitors

Name	Marketcap	Market cap differencediff.	Country
Independent Bank (Michigan) IBCP	NZ$1.34 B	-0.44%	🇺🇸 USA
Macatawa Bank MCBC	NZ$0.87 B	-35.67%	🇺🇸 USA
1st Source SRCE	NZ$2.72 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: NZ$1.35 Billion