Mercantile Bank (MBWM) - Total liabilities

Total liabilities on the balance sheet as of September 2024 : £4.24 Billion

According to Mercantile Bank's latest financial reports the company's total liabilities are £4.24 Billion. 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	2.98%
2021-12-31	£3.55 B	21.33%
2020-12-31	£2.93 B	19.52%
2019-12-31	£2.45 B	4.18%
2018-12-31	£2.35 B	8.94%
2017-12-31	£2.16 B	-2.74%
2016-12-31	£2.22 B	28.14%
2015-12-31	£1.73 B	5.24%
2014-12-31	£1.64 B	113.39%
2013-12-31	£0.77 B	-2.22%
2012-12-31	£0.78 B	-3.22%
2011-12-31	£0.81 B	-16.39%
2010-12-31	£0.97 B	-10.58%
2009-12-31	£1.09 B	-21.34%
2008-12-31	£1.38 B	41.85%
2007-12-31	£0.97 B	1.09%
2006-12-31	£0.96 B	-0.86%
2005-12-31	£0.97 B	34.37%
2004-12-31	£0.72 B	21.08%
2003-12-31	£0.59 B	14.24%
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	£3.82 B	-9.88%	🇺🇸 USA
Macatawa Bank MCBC	£1.84 B	-56.47%	🇺🇸 USA
1st Source SRCE	£6.04 B	42.28%	🇺🇸 USA

What is the market capitalization of a company?

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In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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