Mercantile Bank (MBWM) - Total assets

Total assets on the balance sheet as of March 2024 : £4.16 B

According to Mercantile Bank's latest financial reports the company's total assets are £4.16 B. 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	£4.20 B	4.33%
2022-12-31	£4.02 B	3.67%
2021-12-31	£3.88 B	19.52%
2020-12-31	£3.25 B	18.73%
2019-12-31	£2.73 B	3.84%
2018-12-31	£2.63 B	8.41%
2017-12-31	£2.43 B	-2.66%
2016-12-31	£2.49 B	27.64%
2015-12-31	£1.95 B	5.31%
2014-12-31	£1.85 B	115.11%
2013-12-31	£0.86 B	-1.81%
2012-12-31	£0.87 B	-4.57%
2011-12-31	£0.92 B	-13.09%
2010-12-31	£1.06 B	-10.65%
2009-12-31	£1.18 B	-22.45%
2008-12-31	£1.53 B	44.13%
2007-12-31	£1.06 B	0.67%
2006-12-31	£1.05 B	-0.99%
2005-12-31	£1.06 B	33.1%
2004-12-31	£0.80 B	18.03%
2003-12-31	£0.67 B	18.02%
2002-12-31	£0.57 B	19.31%
2001-12-31	£0.48 B

Total Assets for similar companies or competitors

Company	Total assets	differencediff.	Country
Independent Bank (Michigan) IBCP	£4.02 B	-3.45%	🇺🇸 USA
Macatawa Bank MCBC	£1.99 B	-52.16%	🇺🇸 USA
1st Source SRCE	£6.76 B	62.42%	🇺🇸 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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