Mercantile Bank (MBWM) - Cash on Hand

Cash on Hand as of December 2022 : A$0.14 B

According to Mercantile Bank's latest financial reports the company has A$0.14 B 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	-89.4%
2021-12-31	A$1.34 B	65.08%
2020-12-31	A$0.81 B	144.33%
2019-12-31	A$0.33 B	210.95%
2018-12-31	A$0.10 B	-58.28%
2017-12-31	A$0.25 B	0.63%
2016-12-31	A$0.25 B	107.78%
2015-12-31	A$0.12 B	-37.77%
2014-12-31	A$0.19 B	646.46%
2013-12-31	A$26.38 M	-12.09%
2012-12-31	A$30.01 M	39.64%
2011-12-31	A$21.49 M	226.12%
2010-12-31	A$6.59 M	-68.8%
2009-12-31	A$21.12 M	-12.91%
2008-12-31	A$24.25 M	-27.25%
2007-12-31	A$33.34 M	-48.56%
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$0.34 B	134.59%	🇺🇸 USA
Macatawa Bank MCBC	A$76.81 M	-47.08%	🇺🇸 USA
1st Source SRCE	A$0.12 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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