Mercantile Bank Corporation drawdown: 5.0% below the all-time high (price)
Mercantile Bank Corporation is 5.0% below its all-time high, set Sep 4, 2026 (as of market close, Oct 20, 2026), measured on price alone — dividends are not included, the convention headlines and crash histories use. The chart shows every day as a percentage of the highest level reached up to that point: 100% means a fresh record, everything below is a drawdown.
- Below all-time high
- −5.0%
- 95.0% of ATH
- All-time high
- $62.14
- Sep 4, 2026
- Time below the high
- 46 days
- since Sep 4, 2026
- Worst-ever drawdown
- −93.8%
- Jun 24, 2009
- Longest underwater
- 19.0 yrs
- between all-time highs
- Today's level first reached
- Jul 21, 2026
- 3 mo ago
- Last time this deep
- Jun 3, 2026
- in a previous episode
% of all-time high since 1999: price#
The classic underwater chart (drawdown curve), drawn as % of the all-time high — 100% is a fresh record, everything below it is time spent underwater. Basis and range are in the URL, so a particular view is a link.
The deepest drawdowns on record#
Every decline of 15% or more from an all-time high (price basis), deepest first.
| Peak | Trough | Depth | Peak → trough | Recovered by | Underwater |
|---|---|---|---|---|---|
| Jul 20, 2005 | Jun 24, 2009 | −93.8% | 3.9 yrs | Jul 16, 2024 | 19.0 yrs |
| Jul 28, 1999 | Jun 6, 2000 | −40.3% | 10 mo | Feb 14, 2001 | 1.6 yrs |
| Feb 11, 2025 | Apr 11, 2025 | −25.6% | 59 days | Jan 21, 2026 | 11 mo |
| May 28, 2002 | Jul 24, 2002 | −24.9% | 57 days | Dec 17, 2002 | 7 mo |
| Aug 13, 2001 | Sep 21, 2001 | −19.0% | 39 days | Jan 17, 2002 | 5 mo |
| Nov 6, 2024 | Jan 10, 2025 | −18.5% | 2 mo | Feb 11, 2025 | 3 mo |
| Jul 26, 2024 | Oct 2, 2024 | −18.2% | 2 mo | Nov 6, 2024 | 3 mo |
| Jan 5, 2004 | May 19, 2004 | −17.1% | 4 mo | Oct 25, 2004 | 10 mo |
Price basis (no dividends) — the convention crash histories use. With dividends reinvested, recoveries arrive years earlier; switch the basis on the chart above to see it.
Drawdown vs what came next#
One dot per month since 1999: how far Mercantile Bank Corporation stood below its all-time high, and the total return over the following 1, 5 and 10 years.
Read this with survivorship bias in mind: a single asset's history is one surviving sample, so past recoveries here say little about the odds ahead. Monthly windows also overlap heavily (they are not independent samples). Not investment advice.
FAQ#
- How far is Mercantile Bank Corporation from its all-time high?
- Mercantile Bank Corporation is currently 5.0% below its all-time high, set Sep 4, 2026 (as of market close, Oct 20, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest Mercantile Bank Corporation drawdown ever?
- The deepest decline on record in our data (since 1999) took Mercantile Bank Corporation 93.8% below its prior high, bottoming Jun 24, 2009. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily data since -1 from MBWM; no free deep history exists for Mercantile Bank Corporation — for a 150-year drawdown record see the S&P 500 drawdown page. The price basis excludes dividends; the total-return basis reinvests them; the real basis additionally deflates by CPI. See also returns by year. Past performance does not predict future returns; not investment advice.