Company / PP&E per Share
MERCANTILE BANK CORP PP&E per Share History
FY2016-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest PP&E per Share
$3.31
FY2024
5-year range
$3.18 / $3.58
FY2020-FY2024
Trend
+4.2%
vs FY2023
Sector context
#90 of 314
Financials
What the data says
At $3.31, MERCANTILE BANK CORP's pp&e per share ranks #90 of 314 in the Financials sector. PP&E per Share returned to growth in FY2024 after 3 years of decline, reaching $3.31.
Based on SEC 10-K filings.
3.31 in FY2024 with a 5-year CAGR of -1.1%.
Improved from $3.25 to $3.31 over the past 2 years.
Financials sector context is included.
PP&E per Share over time
Growth rates
- 3-Year CAGR
- -2.6%
- 5-Year CAGR
- -1.1%
- 10-Year CAGR
- -
Sector benchmark
#90 of 314 in FinancialsTop 29% of 314This company $3.31 Sector average $3.91
▼
-15.2% below sector average
Key checks
Key Insights
- In FY2024, pp&e per share increased 4.2% year-over-year.
- Ranks #90 out of 314 companies in the Financials sector.
- Peak pp&e per share was recorded in FY2020.
- Lowest pp&e per share 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 per ShareValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | $3.31 | +4.2% |
| FY2023 | $3.18 | -2.0% |
| FY2022 | $3.25 | -9.4% |
| FY2021 | $3.58 | -1.1% |
| FY2020 | $3.62 | +3.7% |
| FY2019 | $3.49 | +20.1% |
| FY2018 | $2.91 | +4.2% |
| FY2017 | $2.79 | +0.2% |
| FY2016 | $2.79 | -1.0% |
As of FY2024 · SEC 10-K Annual Filings · Updated Feb 28, 2026