Company / PP&E (Net)
MERCANTILE BANK CORP PP&E (Net) History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest PP&E (Net)
$62.5M
FY2025
5-year range
$50.9M / $62.5M
FY2021-FY2025
Trend
+16.9%
vs FY2024
Sector context
#214 of 326
Financials
What the data says
At $62M, MERCANTILE BANK CORP's pp&e (net) ranks #214 of 326 in the Financials sector. Improved from $51M to $62M over the past 2 years.
Based on SEC 10-K filings.
$62M in FY2025 with a 5-year CAGR of +1.2%.
Improved from $51M to $62M over the past 2 years.
Financials sector context is included.
PP&E (Net) over time
Growth rates
- 3-Year CAGR
- +6.7%
- 5-Year CAGR
- +1.2%
- 10-Year CAGR
- -
Sector benchmark
#214 of 326 in FinancialsTop 66% of 326This company $62.5M Sector average $478.9M
▼
-87.0% below sector average
Key checks
Key Insights
- 5-year CAGR of +1.2%, indicating consistent growth.
- In FY2025, pp&e (net) increased 16.9% year-over-year.
- Ranks #214 out of 326 companies in the Financials sector.
- Lowest pp&e (net) in the period was in FY2016.
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 | PP&E (Net)Value | YoY GrowthYoY |
|---|---|---|
| FY2025 | $62.5M | +16.9% |
| FY2024 | $53.4M | +4.9% |
| FY2023 | $50.9M | -1.1% |
| FY2022 | $51.5M | -10.2% |
| FY2021 | $57.3M | -2.8% |
| FY2020 | $59.0M | +2.8% |
| FY2019 | $57.3M | +18.6% |
| FY2018 | $48.3M | +5.0% |
| FY2017 | $46.0M | +1.3% |
| FY2016 | $45.5M | -3.0% |
As of FY2025 · SEC 10-K Annual Filings · Updated Feb 28, 2026