Company / Shareholders' Equity
MERCANTILE BANK CORP Shareholders' Equity History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Shareholders' Equity
$724.9M
FY2025
5-year range
$441.4M / $724.9M
FY2021-FY2025
Trend
+24.0%
vs FY2024
Sector context
#312 of 395
Financials
What the data says
MERCANTILE BANK CORP's shareholders' equity of $725M is lower than 79% of companies in the Financials sector (FY2025). Shareholders' Equity has increased for 3 consecutive years, from $441M in FY2022 to $725M in FY2025.
Based on SEC 10-K filings.
$725M in FY2025 with a 5-year CAGR of +10.4%.
Improved from $522M to $725M over the past 2 years.
Financials sector context is included.
Shareholders' Equity over time
Growth rates
- 3-Year CAGR
- +18.0%
- 5-Year CAGR
- +10.4%
- 10-Year CAGR
- -
Sector benchmark
Bottom 21% in FinancialsTop 79% of 395This company $724.9M Sector average $11.3B
▼
-93.6% below sector average
Key checks
Key Insights
- MERCANTILE BANK CORP's shareholders' equity has grown for 3 consecutive years.
- 5-year CAGR of +10.4%, indicating consistent growth.
- In FY2025, shareholders' equity increased 24.0% year-over-year.
- Ranks #312 out of 395 companies in the Financials sector.
Company context
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Shareholders' EquityValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $724.9M | +24.0% |
| FY2024 | $584.5M | +11.9% |
| FY2023 | $522.1M | +18.3% |
| FY2022 | $441.4M | -3.3% |
| FY2021 | $456.6M | +3.4% |
| FY2020 | $441.6M | +6.0% |
| FY2019 | $416.6M | +11.0% |
| FY2018 | $375.2M | +2.6% |
| FY2017 | $365.9M | +7.4% |
| FY2016 | $340.8M | +2.1% |
As of FY2025 · SEC 10-K Annual Filings · Updated Feb 28, 2026