Mercantile Bank Price to Book Ratio 2010-2025 | MBWM
Historical price to book ratio values for Mercantile Bank (MBWM) over the last 10 years. The current price to book ratio for Mercantile Bank as of May 30, 2025 is 1.18.
Please refer to the Stock Price Adjustment Guide for more information on our historical prices.
| Mercantile Bank Price/Book Ratio Historical Data |
| Date |
Stock Price |
Book Value per Share |
Price to Book Ratio |
| 2025-05-30 |
44.16 |
|
1.18 |
| 2025-03-31 |
43.44 |
$37.47 |
1.16 |
| 2024-12-31 |
44.13 |
$36.20 |
1.22 |
| 2024-09-30 |
43.06 |
$36.14 |
1.19 |
| 2024-06-30 |
39.63 |
$34.15 |
1.16 |
| 2024-03-31 |
37.24 |
$33.28 |
1.12 |
| 2023-12-31 |
38.70 |
$32.38 |
1.20 |
| 2023-09-30 |
29.34 |
$30.16 |
0.97 |
| 2023-06-30 |
25.95 |
$29.89 |
0.87 |
| 2023-03-31 |
28.36 |
$29.21 |
0.97 |
| 2022-12-31 |
30.76 |
$27.60 |
1.11 |
| 2022-09-30 |
27.04 |
$26.24 |
1.03 |
| 2022-06-30 |
28.80 |
$27.05 |
1.06 |
| 2022-03-31 |
31.63 |
$27.55 |
1.15 |
| 2021-12-31 |
31.02 |
$28.82 |
1.08 |
| 2021-09-30 |
28.11 |
$28.77 |
0.98 |
| 2021-06-30 |
26.25 |
$28.23 |
0.93 |
| 2021-03-31 |
27.97 |
$27.21 |
1.03 |
| 2020-12-31 |
23.19 |
$27.04 |
0.86 |
| 2020-09-30 |
15.21 |
$26.59 |
0.57 |
| 2020-06-30 |
18.83 |
$26.20 |
0.72 |
| 2020-03-31 |
17.43 |
$25.82 |
0.68 |
| 2019-12-31 |
29.74 |
$25.36 |
1.17 |
| 2019-09-30 |
26.54 |
$24.93 |
1.06 |
| 2019-06-30 |
26.13 |
$24.34 |
1.07 |
| 2019-03-31 |
26.03 |
$23.37 |
1.11 |
| 2018-12-31 |
22.31 |
$22.70 |
0.98 |
| 2018-09-30 |
25.42 |
$22.84 |
1.11 |
| 2018-06-30 |
27.96 |
$22.57 |
1.24 |
| 2018-03-31 |
25.01 |
$22.19 |
1.13 |
| 2017-12-31 |
26.44 |
$22.05 |
1.20 |
| 2017-09-30 |
25.95 |
$21.99 |
1.18 |
| 2017-06-30 |
23.26 |
$21.69 |
1.07 |
| 2017-03-31 |
25.27 |
$21.13 |
1.20 |
| 2016-12-31 |
27.55 |
$20.76 |
1.33 |
| 2016-09-30 |
19.24 |
$21.44 |
0.90 |
| 2016-06-30 |
16.99 |
$21.18 |
0.80 |
| 2016-03-31 |
15.86 |
$20.86 |
0.76 |
| 2015-12-31 |
17.24 |
$20.40 |
0.85 |
| 2015-09-30 |
14.51 |
$20.20 |
0.72 |
| 2015-06-30 |
14.84 |
$19.85 |
0.75 |
| 2015-03-31 |
13.46 |
$19.69 |
0.68 |
| 2014-12-31 |
14.37 |
$19.33 |
0.74 |
| 2014-09-30 |
12.94 |
$19.04 |
0.68 |
| 2014-06-30 |
15.45 |
$18.77 |
0.82 |
| 2014-03-31 |
12.67 |
$18.04 |
0.70 |
| 2013-12-31 |
13.14 |
$17.54 |
0.75 |
| 2013-09-30 |
13.15 |
$17.21 |
0.76 |
| 2013-06-30 |
10.75 |
$17.34 |
0.62 |
| 2013-03-31 |
9.77 |
$17.20 |
0.57 |
| 2012-12-31 |
9.68 |
$16.84 |
0.57 |
| 2012-09-30 |
9.87 |
$16.74 |
0.59 |
| 2012-06-30 |
10.62 |
$17.38 |
0.61 |
| 2012-03-31 |
8.18 |
$19.41 |
0.42 |
| 2011-12-31 |
5.58 |
$19.17 |
0.29 |
| 2011-09-30 |
4.45 |
$15.89 |
0.28 |
| 2011-06-30 |
4.74 |
$15.21 |
0.31 |
| 2011-03-31 |
5.56 |
$14.74 |
0.38 |
| 2010-12-31 |
4.67 |
$14.65 |
0.32 |
| 2010-09-30 |
2.56 |
$15.67 |
0.16 |
| 2010-06-30 |
3.05 |
$16.18 |
0.19 |
| 2010-03-31 |
2.25 |
$16.09 |
0.14 |
| 2009-12-31 |
1.72 |
$16.30 |
0.11 |
| 2009-09-30 |
2.27 |
$20.64 |
0.11 |
| 2009-06-30 |
1.75 |
$21.15 |
0.08 |
| 2009-03-31 |
2.76 |
$19.70 |
0.14 |
| Sector |
Industry |
Market Cap |
Revenue |
| Finance |
Banks - Midwest |
$0.717B |
$0.362B |
|
Mercantile Bank Corporation serves businesses and consumers across Grand Rapids and Kent County with a full range of mortgage, lending, deposit and checking products and services in a friendly, hometown banking environment.
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