Mercantile Bank Corporation (MBWM) — Strategic Asset Allocation Index

Latest as of June 2026: 147.4%

Mercantile Bank Corporation (MBWM) has a Strategic Asset Allocation Index of 147.4% as of June 2026. Strategic assets (PP&E of $- plus long-term investments of $1.11 Billion) total $1.11 Billion, measured against net assets of $755.12 Million. A higher index reflects capital-intensive or investment-heavy strategies where strategic assets dominate the equity base. See debt-free asset ratio of Mercantile Bank Corporation to measure how much of total assets are equity-financed.

SAAI

147.4%
Strategic Assets / Net Assets

Strategic Assets

$1.11 Billion
PP&E + LT Investments

PP&E

$-
USD

Net Assets

$755.12 Million
USD

Mercantile Bank Corporation Strategic Asset Allocation Index (2000–2025)

This chart shows how Mercantile Bank Corporation's Strategic Asset Allocation Index has evolved across 26 annual periods from 2000 to 2025. As of June 2026, the index stands at 147.4%, representing strategic assets of $1.11 Billion against net assets of $755.12 Million USD. For live market cap and overall valuation, see MBWM company net worth.

Annual Strategic Asset Allocation Index for Mercantile Bank Corporation (2000–2025)

The table below presents the year-by-year Strategic Asset Allocation Index for Mercantile Bank Corporation from 2000 to 2025, covering 26 annual filings. Each row shows PP&E, long-term investments, strategic assets combined, net assets, the index percentage, and the change in percentage points compared to the prior year. See Mercantile Bank Corporation (MBWM) net assets for net asset value and shareholders' equity analysis.

Year SAAI Strategic Assets (USD) PP&E LT Investments Net Assets Change (pp)
2025 118.3% $857.63 Million $- $857.63 Million $724.88 Million ▼ -6.6 pp
2024 124.9% $730.35 Million $- $730.35 Million $584.53 Million ▲ +6.8 pp
2023 118.2% $617.09 Million $- $617.09 Million $522.14 Million ▼ -30.1 pp
2022 148.3% $654.41 Million $51.48 Million $602.94 Million $441.41 Million ▲ +5.9 pp
2021 142.4% $650.04 Million $57.30 Million $592.74 Million $456.56 Million ▼ -678.5 pp
2020 820.9% $3.62 Billion $58.96 Million $3.57 Billion $441.55 Million ▲ +46.8 pp
2019 774.1% $3.22 Billion $57.33 Million $3.17 Billion $416.56 Million ▼ -56.3 pp
2018 830.5% $3.12 Billion $48.32 Million $3.07 Billion $375.25 Million ▲ +123.9 pp
2017 706.6% $2.59 Billion $46.03 Million $2.54 Billion $365.87 Million ▲ +0.6 pp
2016 706.0% $2.41 Billion $45.46 Million $2.36 Billion $340.81 Million ▲ +14.3 pp
2015 691.7% $2.31 Billion $46.86 Million $2.26 Billion $333.80 Million ▲ +46.2 pp
2014 645.5% $2.12 Billion $48.81 Million $2.07 Billion $328.14 Million ▼ -42.8 pp
2013 688.3% $1.06 Billion $24.90 Million $1.03 Billion $153.32 Million ▼ -20.1 pp
2012 708.4% $1.04 Billion $25.92 Million $1.01 Billion $146.59 Million ▲ +64.3 pp
2011 644.1% $1.06 Billion $26.80 Million $1.04 Billion $165.00 Million ▲ +621.9 pp
2010 22.1% $27.87 Million $27.87 Million $- $125.94 Million ▲ +0.9 pp
2009 21.2% $29.68 Million $29.68 Million $- $140.10 Million ▲ +2.6 pp
2008 18.5% $32.33 Million $32.33 Million $- $174.37 Million ▼ -0.7 pp
2007 19.3% $34.35 Million $34.35 Million $- $178.16 Million ▼ -0.2 pp
2006 19.5% $33.54 Million $33.54 Million $- $171.91 Million ▲ +0.0 pp
2005 19.5% $30.21 Million $30.21 Million $- $155.12 Million ▲ +2.1 pp
2004 17.4% $24.57 Million $24.57 Million $- $141.62 Million ▲ +5.6 pp
2003 11.8% $15.30 Million $15.30 Million $- $130.20 Million ▼ -3.5 pp
2002 15.2% $12.17 Million $12.17 Million $- $79.83 Million ▲ +1.9 pp
2001 13.4% $9.56 Million $9.56 Million $- $71.46 Million ▲ +0.4 pp
2000 12.9% $4.12 Million $4.12 Million $- $31.85 Million
pp = percentage points