Mercantile Bank (MBWM) - Cash on Hand

Cash on Hand as of December 2022 : £76.78 Million

According to Mercantile Bank's latest financial reports the company has £76.78 Million in cash and cash equivalents.
A company’s cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.

Mercantile Bank - Cash on Hand chart (from 1999 to 2022)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	£79.99 M	-88.93%
2021-12-31	£0.72 B	57.3%
2020-12-31	£0.45 B	157.66%
2019-12-31	£0.17 B	200.26%
2018-12-31	£59.36 M	-59.9%
2017-12-31	£0.14 B	-0.49%
2016-12-31	£0.14 B	146.94%
2015-12-31	£60.25 M	-41.92%
2014-12-31	£0.10 B	627.08%
2013-12-31	£14.26 M	-25.9%
2012-12-31	£19.25 M	35.78%
2011-12-31	£14.18 M	228.03%
2010-12-31	£4.32 M	-62.98%
2009-12-31	£11.67 M	2.15%
2008-12-31	£11.43 M	-22.06%
2007-12-31	£14.66 M	-43.78%
2006-12-31	£26.08 M	24.24%
2005-12-31	£20.99 M	95.09%
2004-12-31	£10.76 M	18.05%
2003-12-31	£9.11 M	-37.54%
2002-12-31	£14.59 M	46.29%
2001-12-31	£9.97 M	27.36%
2000-12-31	£7.83 M	-7.6%
1999-12-31	£8.47 M	118.38%
1998-12-31	£3.88 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Independent Bank (Michigan) IBCP	£0.18 B	134.59%	🇺🇸 USA
Macatawa Bank MCBC	£40.63 M	-47.08%	🇺🇸 USA
1st Source SRCE	£67.21 M	-12.47%	🇺🇸 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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