Mercantile Bank (MBWM) - Total assets

Total assets on the balance sheet as of March 2024 : €5.06 Billion

According to Mercantile Bank's latest financial reports the company's total assets are €5.06 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	€4.84 B	6.6%
2022-12-31	€4.54 B	-2.16%
2021-12-31	€4.64 B	28.69%
2020-12-31	€3.60 B	11.24%
2019-12-31	€3.24 B	10.29%
2018-12-31	€2.94 B	7.35%
2017-12-31	€2.73 B	-6.53%
2016-12-31	€2.93 B	10.36%
2015-12-31	€2.65 B	11.62%
2014-12-31	€2.37 B	130.24%
2013-12-31	€1.03 B	-3.95%
2012-12-31	€1.07 B	-2.53%
2011-12-31	€1.10 B	-10.07%
2010-12-31	€1.22 B	-7.76%
2009-12-31	€1.33 B	-15.76%
2008-12-31	€1.57 B	8.71%
2007-12-31	€1.45 B	-7.26%
2006-12-31	€1.56 B	0.96%
2005-12-31	€1.55 B	37.03%
2004-12-31	€1.13 B	18.48%
2003-12-31	€0.95 B	8.38%
2002-12-31	€0.88 B	11.47%
2001-12-31	€0.79 B

Total Assets for similar companies or competitors

Company	Total assets	differencediff.	Country
Independent Bank (Michigan) IBCP	€4.88 B	-3.45%	🇺🇸 USA
Macatawa Bank MCBC	€2.42 B	-52.16%	🇺🇸 USA
1st Source SRCE	€8.11 B	60.34%	🇺🇸 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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