# Mercantile Bank Corporation (MBWM) — Shareholder Equity

## Annual Shareholder Equity (USD)

| Year | Shareholder Equity |
| --- | --- |
| 2025 | $725M |
| 2024 | $585M |
| 2023 | $522M |
| 2022 | $441M |
| 2021 | $457M |
| 2020 | $442M |
| 2019 | $417M |
| 2018 | $375M |
| 2017 | $366M |
| 2016 | $341M |
| 2015 | $334M |
| 2014 | $328M |
| 2013 | $153M |
| 2012 | $147M |
| 2011 | $165M |
| 2010 | $126M |

Source: [MarketCapTrends](https://marketcaptrends.com/company/MBWM/shareholders-equity)