Mercantile Bank (MBWM) - Total debt

Total debt on the balance sheet as of March 2024 : £0.44 B

According to Mercantile Bank's latest financial reports the company's total debt is £0.44 B. A company’s total debt is the sum of all current and non-current debts.

Mercantile Bank - Total debt on balance sheet (from 1999 to 2024)

Total debt by year

Year	Total debt	Change
2023-12-31	£0.47 B	29.18%
2022-12-31	£0.36 B	0.58%
2021-12-31	£0.36 B	13.28%
2020-12-31	£0.32 B	7.07%
2019-12-31	£0.30 B	-2.71%
2018-12-31	£0.31 B	58.06%
2017-12-31	£0.19 B	10.27%
2016-12-31	£0.17 B	114.61%
2015-12-31	£83.01 M	19.12%
2014-12-31	£69.69 M	47.58%
2013-12-31	£47.22 M	12.32%
2012-12-31	£42.04 M	-17.72%
2011-12-31	£51.09 M	-28.4%
2010-12-31	£71.36 M	-55.06%
2009-12-31	£0.15 B	-29.01%
2008-12-31	£0.22 B	105.81%
2007-12-31	£0.10 B	62.12%
2006-12-31	£67.03 M	-30.08%
2005-12-31	£95.87 M	18.96%
2004-12-31	£80.6 M	32.83%
2003-12-31	£60.67 M	524.62%
2002-12-31	£9.71 M	-11.97%
2001-12-31	£11.03 M	2.57%
2000-12-31	£10.75 M	8.65%
1999-12-31	£9.9 M

Total debt for similar companies or competitors

Company	Total debt	differencediff.	Country
Independent Bank (Michigan) IBCP	£98.53 M	-77.93%	🇺🇸 USA
Macatawa Bank MCBC	£15.23 M	-96.59%	🇺🇸 USA
1st Source SRCE	£0.24 B	-46.18%	🇺🇸 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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