Mercantile Bank (MBWM) - Total assets

Total assets on the balance sheet as of September 2024 : ₹499.58 Billion

According to Mercantile Bank's latest financial reports the company's total assets are ₹499.58 Billion. 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	₹445.64 B	10.53%
2022-12-31	₹403.20 B	3.03%
2021-12-31	₹391.34 B	20.59%
2020-12-31	₹324.52 B	25.27%
2019-12-31	₹259.06 B	10.14%
2018-12-31	₹235.21 B	12.08%
2017-12-31	₹209.85 B	0.18%
2016-12-31	₹209.47 B	8.56%
2015-12-31	₹192.95 B	5.22%
2014-12-31	₹183.37 B	108.01%
2013-12-31	₹88.15 B	13.15%
2012-12-31	₹77.90 B	2.76%
2011-12-31	₹75.81 B	3.65%
2010-12-31	₹73.14 B	-17.3%
2009-12-31	₹88.44 B	-16.66%
2008-12-31	₹106.12 B	27.47%
2007-12-31	₹83.25 B	-9.07%
2006-12-31	₹91.55 B	10.69%
2005-12-31	₹82.71 B	24.34%
2004-12-31	₹66.52 B	21.42%
2003-12-31	₹54.78 B	23.93%
2002-12-31	₹44.20 B	31.13%
2001-12-31	₹33.71 B

Total Assets for similar companies or competitors

Company	Total assets	differencediff.	Country
Independent Bank (Michigan) IBCP	₹444.04 B	-11.12%	🇺🇸 USA
Macatawa Bank MCBC	₹220.77 B	-55.81%	🇺🇸 USA
1st Source SRCE	₹739.94 B	48.11%	🇺🇸 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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