Mercantile Bank (MBWM) - Total assets

Total assets on the balance sheet as of September 2024 : A$9.14 Billion

According to Mercantile Bank's latest financial reports the company's total assets are A$9.14 Billion. A company’s total assets is the sum of all current and non-current assets, such as inventories, cash and cash equivalents, properties and equipment.

Mercantile Bank - Total assets on balance sheet (from 2001 to 2024)

Total assets by year

Year	Total assets	Change
2023-12-31	A$7.85 B	9.73%
2022-12-31	A$7.16 B	-1.27%
2021-12-31	A$7.25 B	25.67%
2020-12-31	A$5.77 B	11.22%
2019-12-31	A$5.18 B	8.67%
2018-12-31	A$4.77 B	13.42%
2017-12-31	A$4.20 B	-1.56%
2016-12-31	A$4.27 B	7.29%
2015-12-31	A$3.98 B	12.74%
2014-12-31	A$3.53 B	121%
2013-12-31	A$1.59 B	16.84%
2012-12-31	A$1.36 B	-2.04%
2011-12-31	A$1.39 B	-13.02%
2010-12-31	A$1.60 B	-24.27%
2009-12-31	A$2.12 B	-32.2%
2008-12-31	A$3.12 B	28.98%
2007-12-31	A$2.42 B	-7.47%
2006-12-31	A$2.62 B	4.39%
2005-12-31	A$2.51 B	26.56%
2004-12-31	A$1.98 B	22.62%
2003-12-31	A$1.61 B	-1.06%
2002-12-31	A$1.63 B	19.52%
2001-12-31	A$1.36 B

Total Assets for similar companies or competitors

Company	Total assets	differencediff.	Country
Independent Bank (Michigan) IBCP	A$8.12 B	-11.12%	🇺🇸 USA
Macatawa Bank MCBC	A$4.03 B	-55.81%	🇺🇸 USA
1st Source SRCE	A$13.53 B	48.11%	🇺🇸 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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