Mercantile Bank Corporation (MBWM) — Net Asset Momentum
Mercantile Bank Corporation (MBWM) recorded a net asset momentum of 24.0% as of December 2025, with net assets of $724.88 Million USD. Net Asset Momentum measures the year-over-year percentage change in net assets (total assets minus total liabilities), indicating how rapidly the company is building or eroding its equity base. See Mercantile Bank Corporation liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
YoY Momentum
Current Net Assets
Years of Data
Country
Mercantile Bank Corporation Net Asset Momentum (1998–2025)
This chart tracks Mercantile Bank Corporation's year-over-year net asset growth across 28 annual reporting periods from 1998 to 2025. The most recent momentum reading is +24.0%, with net assets of $724.88 Million USD as of December 2025. Read Mercantile Bank Corporation (MBWM) financial obligations for a breakdown of total debt and financial obligations.
Annual Net Asset History for Mercantile Bank Corporation (1998–2025)
The table below shows the complete annual net asset history for Mercantile Bank Corporation from 1998 to 2025, covering 28 yearly periods. Each row includes total assets, total liabilities, net assets, and the year-over-year momentum figure for that period. For live market cap and broader valuation context, see how much is Mercantile Bank Corporation worth.
| Year | Net Assets (USD) | Total Assets | Total Liabilities | YoY Momentum |
|---|---|---|---|---|
| 2025 | $724.88 Million | $6.84 Billion | $6.11 Billion | ▲ +24.0% |
| 2024 | $584.53 Million | $6.05 Billion | $5.47 Billion | ▲ +11.9% |
| 2023 | $522.14 Million | $5.35 Billion | $4.83 Billion | ▲ +18.3% |
| 2022 | $441.41 Million | $4.87 Billion | $4.43 Billion | ▼ -3.3% |
| 2021 | $456.56 Million | $5.26 Billion | $4.80 Billion | ▲ +3.4% |
| 2020 | $441.55 Million | $4.44 Billion | $4.00 Billion | ▲ +6.0% |
| 2019 | $416.56 Million | $3.63 Billion | $3.22 Billion | ▲ +11.0% |
| 2018 | $375.25 Million | $3.36 Billion | $2.99 Billion | ▲ +2.6% |
| 2017 | $365.87 Million | $3.29 Billion | $2.92 Billion | ▲ +7.4% |
| 2016 | $340.81 Million | $3.08 Billion | $2.74 Billion | ▲ +2.1% |
| 2015 | $333.80 Million | $2.90 Billion | $2.57 Billion | ▲ +1.7% |
| 2014 | $328.14 Million | $2.89 Billion | $2.57 Billion | ▲ +114.0% |
| 2013 | $153.32 Million | $1.43 Billion | $1.27 Billion | ▲ +4.6% |
| 2012 | $146.59 Million | $1.42 Billion | $1.28 Billion | ▼ -11.2% |
| 2011 | $165.00 Million | $1.43 Billion | $1.27 Billion | ▲ +31.0% |
| 2010 | $125.94 Million | $1.63 Billion | $1.51 Billion | ▼ -10.1% |
| 2009 | $140.10 Million | $1.91 Billion | $1.77 Billion | ▼ -19.7% |
| 2008 | $174.37 Million | $2.21 Billion | $2.03 Billion | ▼ -2.1% |
| 2007 | $178.16 Million | $2.12 Billion | $1.94 Billion | ▲ +3.6% |
| 2006 | $171.91 Million | $2.07 Billion | $1.90 Billion | ▲ +10.8% |
| 2005 | $155.12 Million | $1.84 Billion | $1.68 Billion | ▲ +9.5% |
| 2004 | $141.62 Million | $1.54 Billion | $1.39 Billion | ▲ +8.8% |
| 2003 | $130.20 Million | $1.20 Billion | $1.07 Billion | ▲ +63.1% |
| 2002 | $79.83 Million | $921.86 Million | $842.02 Million | ▲ +11.7% |
| 2001 | $71.46 Million | $698.68 Million | $627.22 Million | ▲ +124.3% |
| 2000 | $31.85 Million | $512.75 Million | $480.89 Million | ▲ +13.8% |
| 1999 | $28.00 Million | $368.00 Million | $340.00 Million | ▲ +4.9% |
| 1998 | $26.70 Million | $216.24 Million | $189.54 Million | — |