Mercantile Bank (MBWM) - Total debt

Total debt on the balance sheet as of September 2024 : A$0.85 Billion

According to Mercantile Bank's latest financial reports the company's total debt is A$0.85 Billion. A company’s total debt is the sum of all current and non-current debts.

Mercantile Bank - Total debt on balance sheet (from 1999 to 2024)

Total debt by year

Year	Total debt	Change
2023-12-31	A$0.89 B	35.88%
2022-12-31	A$0.65 B	-4.21%
2021-12-31	A$0.68 B	19.11%
2020-12-31	A$0.57 B	0.29%
2019-12-31	A$0.57 B	1.81%
2018-12-31	A$0.56 B	65.36%
2017-12-31	A$0.34 B	11.52%
2016-12-31	A$0.30 B	80.4%
2015-12-31	A$0.16 B	27.52%
2014-12-31	A$0.13 B	51.62%
2013-12-31	A$87.43 M	33.64%
2012-12-31	A$65.42 M	-15.54%
2011-12-31	A$77.46 M	-28.34%
2010-12-31	A$0.10 B	-61.9%
2009-12-31	A$0.28 B	-37.93%
2008-12-31	A$0.45 B	84.17%
2007-12-31	A$0.24 B	49.01%
2006-12-31	A$0.16 B	-26.28%
2005-12-31	A$0.22 B	13.11%
2004-12-31	A$0.19 B	38%
2003-12-31	A$0.14 B	423.66%
2002-12-31	A$27.64 M	-11.82%
2001-12-31	A$31.35 M	9.17%
2000-12-31	A$28.71 M	17.95%
1999-12-31	A$24.34 M

Total debt for similar companies or competitors

Company	Total debt/th>	differencediff.	Country
Independent Bank (Michigan) IBCP	A$0.12 B	-85.74%	🇺🇸 USA
Macatawa Bank MCBC	A$30.75 M	-96.41%	🇺🇸 USA
1st Source SRCE	A$0.30 B	-64.04%	🇺🇸 USA

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