Mercantile Bank (MBWM) - Total liabilities

Total liabilities on the balance sheet as of March 2024 : C$6.68 B

According to Mercantile Bank's latest financial reports the company's total liabilities are C$6.68 B. A company’s total liabilities is the sum of all current and non-current debts and obligations.

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

Total liabilities by year

Year	Total liabilities	Change
2023-12-31	C$6.40 B	6.57%
2022-12-31	C$6.01 B	-1.04%
2021-12-31	C$6.07 B	19.25%
2020-12-31	C$5.09 B	22.21%
2019-12-31	C$4.16 B	2.27%
2018-12-31	C$4.07 B	11.02%
2017-12-31	C$3.67 B	-0.33%
2016-12-31	C$3.68 B	3.25%
2015-12-31	C$3.56 B	19.94%
2014-12-31	C$2.97 B	119.58%
2013-12-31	C$1.35 B	6.52%
2012-12-31	C$1.27 B	-1.39%
2011-12-31	C$1.29 B	-14.45%
2010-12-31	C$1.50 B	-18.95%
2009-12-31	C$1.86 B	-25.12%
2008-12-31	C$2.48 B	30.42%
2007-12-31	C$1.90 B	-13.66%
2006-12-31	C$2.20 B	12.62%
2005-12-31	C$1.95 B	28.78%
2004-12-31	C$1.52 B	8.17%
2003-12-31	C$1.40 B	5.78%
2002-12-31	C$1.32 B	33.1%
2001-12-31	C$0.99 B

Total liabilities for similar companies or competitors

Company	Total liabilities	differencediff.	Country
Independent Bank (Michigan) IBCP	C$6.57 B	-1.67%	🇺🇸 USA
Macatawa Bank MCBC	C$3.14 B	-52.90%	🇺🇸 USA
1st Source SRCE	C$10.52 B	57.49%	🇺🇸 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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