Mercantile Bank (MBWM) - Total assets

Total assets on the balance sheet as of September 2024 : C$8.50 Billion

According to Mercantile Bank's latest financial reports the company's total assets are C$8.50 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	C$7.10 B	7.39%
2022-12-31	C$6.61 B	-1.33%
2021-12-31	C$6.70 B	18.43%
2020-12-31	C$5.65 B	19.24%
2019-12-31	C$4.74 B	3.55%
2018-12-31	C$4.58 B	10.89%
2017-12-31	C$4.13 B	-0.25%
2016-12-31	C$4.14 B	2.85%
2015-12-31	C$4.02 B	19.96%
2014-12-31	C$3.35 B	121.05%
2013-12-31	C$1.51 B	7.35%
2012-12-31	C$1.41 B	-2.94%
2011-12-31	C$1.45 B	-10.66%
2010-12-31	C$1.63 B	-18.64%
2009-12-31	C$2.00 B	-25.29%
2008-12-31	C$2.68 B	26.86%
2007-12-31	C$2.11 B	-12.07%
2006-12-31	C$2.40 B	12.47%
2005-12-31	C$2.14 B	15.99%
2004-12-31	C$1.84 B	18.2%
2003-12-31	C$1.56 B	7.21%
2002-12-31	C$1.45 B	30.81%
2001-12-31	C$1.11 B

Total Assets for similar companies or competitors

Company	Total assets	differencediff.	Country
Independent Bank (Michigan) IBCP	C$7.55 B	-11.12%	🇺🇸 USA
Macatawa Bank MCBC	C$3.75 B	-55.81%	🇺🇸 USA
1st Source SRCE	C$12.59 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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