Company / Assets per Share
MERCANTILE BANK CORP Assets per Share History
FY2016-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Assets per Share
$375.20
FY2024
5-year range
$307.23 / $375.20
FY2020-FY2024
Trend
+12.3%
vs FY2023
Sector context
#102 of 378
Financials
What the data says
At $375.20, MERCANTILE BANK CORP's assets per share ranks #102 of 378 in the Financials sector. Improved from $307.23 to $375.20 over the past 2 years.
Based on SEC 10-K filings.
375.20 in FY2024 with a 5-year CAGR of +11.1%.
Improved from $307.23 to $375.20 over the past 2 years.
Financials sector context is included.
Assets per Share over time
Growth rates
- 3-Year CAGR
- +4.5%
- 5-Year CAGR
- +11.1%
- 10-Year CAGR
- -
Sector benchmark
#102 of 378 in FinancialsTop 27% of 378This company $375.20 Sector average $439.26
▼
-14.6% below sector average
Key checks
Key Insights
- In FY2024, assets per share increased 12.3% year-over-year.
- Ranks #102 out of 378 companies in the Financials sector.
- Lowest assets 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 | Assets per ShareValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | $375.20 | +12.3% |
| FY2023 | $334.25 | +8.8% |
| FY2022 | $307.23 | -6.6% |
| FY2021 | $328.87 | +20.6% |
| FY2020 | $272.74 | +23.2% |
| FY2019 | $221.40 | +9.3% |
| FY2018 | $202.57 | +1.6% |
| FY2017 | $199.33 | +5.5% |
| FY2016 | $188.99 | +8.3% |
As of FY2024 · SEC 10-K Annual Filings · Updated Feb 28, 2026