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Mercantile Bank (DHA:MERCANBANK) Market Cap : BDT10,291 Mil (As of Jun. 08, 2024)


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What is Mercantile Bank Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Mercantile Bank's share price for the quarter that ended in Mar. 2024 was BDT12.3. Mercantile Bank's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 1,107 Mil. Therefore, Mercantile Bank's market cap for the quarter that ended in Mar. 2024 was BDT13,611 Mil.

Mercantile Bank's quarterly market cap stayed the same from Sep. 2023 (BDT14,718 Mil) to Dec. 2023 (BDT14,718 Mil) but then declined from Dec. 2023 (BDT14,718 Mil) to Mar. 2024 (BDT13,611 Mil).

Mercantile Bank's annual market cap declined from Dec. 2021 (BDT17,668 Mil) to Dec. 2022 (BDT14,754 Mil) and declined from Dec. 2022 (BDT14,754 Mil) to Dec. 2023 (BDT14,718 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Mercantile Bank's Enterprise Value for Today is BDT12,330 Mil.


Mercantile Bank Market Cap Historical Data

The historical data trend for Mercantile Bank's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Mercantile Bank Market Cap Chart

Mercantile Bank Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only 12,370.57 12,497.05 17,668.10 14,754.36 14,717.51

Mercantile Bank Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14,754.36 14,717.51 14,717.51 14,717.51 13,610.93

Competitive Comparison of Mercantile Bank's Market Cap

For the Banks - Regional subindustry, Mercantile Bank's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mercantile Bank's Market Cap Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Mercantile Bank's Market Cap distribution charts can be found below:

* The bar in red indicates where Mercantile Bank's Market Cap falls into.



Mercantile Bank Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Mercantile Bank's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=BDT13.3*1106.58
=BDT14,718

Mercantile Bank's Market Cap for the quarter that ended in Mar. 2024 is calculated as

Market Cap (Q: Mar. 2024 )=Share Price (Q: Mar. 2024 )*Shares Outstanding (EOP) (Q: Mar. 2024 )
=BDT12.3*1106.58
=BDT13,611

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Mercantile Bank  (DHA:MERCANBANK) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Mercantile Bank Market Cap Related Terms

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Mercantile Bank (DHA:MERCANBANK) Business Description

Traded in Other Exchanges
N/A
Address
61, Dilkusha Commercial Area, Dhaka, BGD, 1000
Mercantile Bank PLC is a commercial bank that engages in providing banking and financial services. It offers a range of services such as SME financing, Retail Banking, Corporate Banking, Foreign Trade, NRB banking, Treasury instruments services, and E-banking, among others. Its operating segments comprise Commercial Banking including Off-shore Banking Units, Islamic Banking Window Operations, Mercantile Bank Securities Limited; MBL Assets Managements Limited, and Mercantile Exchange House (UK) Ltd.

Mercantile Bank (DHA:MERCANBANK) Headlines

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