Mercantile Bank (MBWM) - Cash on Hand

Cash on Hand as of December 2022 : A$0.15 Billion

According to Mercantile Bank's latest financial reports the company has A$0.15 Billion in cash and cash equivalents.
A company’s cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.

Mercantile Bank - Cash on Hand chart (from 1999 to 2022)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	A$0.14 B	-89.43%
2021-12-31	A$1.34 B	65.22%
2020-12-31	A$0.81 B	143.87%
2019-12-31	A$0.33 B	212.1%
2018-12-31	A$0.10 B	-58.27%
2017-12-31	A$0.25 B	0.63%
2016-12-31	A$0.25 B	107.8%
2015-12-31	A$0.12 B	-37.9%
2014-12-31	A$0.19 B	647.96%
2013-12-31	A$26.38 M	-11.89%
2012-12-31	A$29.95 M	39.31%
2011-12-31	A$21.49 M	227.2%
2010-12-31	A$6.57 M	-68.76%
2009-12-31	A$21.03 M	-11.42%
2008-12-31	A$23.74 M	-28.75%
2007-12-31	A$33.32 M	-48.58%
2006-12-31	A$64.82 M	30.99%
2005-12-31	A$49.48 M	85.33%
2004-12-31	A$26.7 M	21.69%
2003-12-31	A$21.94 M	-47.18%
2002-12-31	A$41.54 M	46.54%
2001-12-31	A$28.34 M	35.55%
2000-12-31	A$20.91 M	0.31%
1999-12-31	A$20.84 M	97.73%
1998-12-31	A$10.54 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Independent Bank (Michigan) IBCP	A$0.36 B	134.59%	🇺🇸 USA
Macatawa Bank MCBC	A$82.39 M	-47.08%	🇺🇸 USA
1st Source SRCE	A$0.13 B	-12.47%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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