Mercantile Bank (MBWM) - Total liabilities

Total liabilities on the balance sheet as of March 2024 : £3.75 B

According to Mercantile Bank's latest financial reports the company's total liabilities are £3.75 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	£3.79 B	3.53%
2022-12-31	£3.66 B	3.25%
2021-12-31	£3.54 B	21.2%
2020-12-31	£2.92 B	20.76%
2019-12-31	£2.42 B	3.47%
2018-12-31	£2.34 B	8.38%
2017-12-31	£2.16 B	-2.74%
2016-12-31	£2.22 B	28.27%
2015-12-31	£1.73 B	5.12%
2014-12-31	£1.64 B	113.67%
2013-12-31	£0.77 B	-2.29%
2012-12-31	£0.78 B	-3.27%
2011-12-31	£0.81 B	-16.67%
2010-12-31	£0.97 B	-11%
2009-12-31	£1.10 B	-21.99%
2008-12-31	£1.41 B	44.92%
2007-12-31	£0.97 B	0.58%
2006-12-31	£0.96 B	-0.86%
2005-12-31	£0.97 B	34.25%
2004-12-31	£0.72 B	20.15%
2003-12-31	£0.60 B	15.23%
2002-12-31	£0.52 B	21.39%
2001-12-31	£0.43 B

Total liabilities for similar companies or competitors

Company	Total liabilities	differencediff.	Country
Independent Bank (Michigan) IBCP	£3.69 B	-1.67%	🇺🇸 USA
Macatawa Bank MCBC	£1.76 B	-52.90%	🇺🇸 USA
1st Source SRCE	£5.91 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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