Company / Total Assets
MERCANTILE BANK CORP Total Assets History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Total Assets
$6.8B
FY2025
5-year range
$4.9B / $6.8B
FY2021-FY2025
Trend
+12.9%
vs FY2024
Sector context
#269 of 400
Financials
What the data says
At $6.8B, MERCANTILE BANK CORP's total assets ranks #269 of 400 in the Financials sector. Total Assets has increased for 3 consecutive years, from $4.9B in FY2022 to $6.8B in FY2025.
Based on SEC 10-K filings.
$6.8B in FY2025 with a 5-year CAGR of +9.0%.
Improved from $5.4B to $6.8B over the past 2 years.
Financials sector context is included.
Total Assets over time
Growth rates
- 3-Year CAGR
- +11.9%
- 5-Year CAGR
- +9.0%
- 10-Year CAGR
- -
Sector benchmark
#269 of 400 in FinancialsTop 67% of 400This company $6.8B Sector average $92.2B
▼
-92.6% below sector average
Key checks
Key Insights
- MERCANTILE BANK CORP's total assets has grown for 3 consecutive years.
- 5-year CAGR of +9.0%, indicating consistent growth.
- In FY2025, total assets increased 12.9% year-over-year.
- Ranks #269 out of 400 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 | Total AssetsValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $6.8B | +12.9% |
| FY2024 | $6.1B | +13.1% |
| FY2023 | $5.4B | +9.9% |
| FY2022 | $4.9B | -7.3% |
| FY2021 | $5.3B | +18.5% |
| FY2020 | $4.4B | +22.1% |
| FY2019 | $3.6B | +8.0% |
| FY2018 | $3.4B | +2.3% |
| FY2017 | $3.3B | +6.6% |
| FY2016 | $3.1B | +6.2% |
As of FY2025 · SEC 10-K Annual Filings · Updated Feb 28, 2026