Mercantile Bank (MBWM) - Total liabilities

Total liabilities on the balance sheet as of March 2024 : ₹413.53 B

According to Mercantile Bank's latest financial reports the company's total liabilities are ₹413.53 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	₹402.18 B	9.68%
2022-12-31	₹366.68 B	2.48%
2021-12-31	₹357.79 B	22.64%
2020-12-31	₹291.73 B	27.43%
2019-12-31	₹228.94 B	10.13%
2018-12-31	₹207.89 B	11.47%
2017-12-31	₹186.49 B	0.1%
2016-12-31	₹186.31 B	9.12%
2015-12-31	₹170.74 B	5.18%
2014-12-31	₹162.34 B	106.25%
2013-12-31	₹78.71 B	12.62%
2012-12-31	₹69.89 B	4.18%
2011-12-31	₹67.08 B	-0.66%
2010-12-31	₹67.53 B	-17.9%
2009-12-31	₹82.26 B	-18.63%
2008-12-31	₹101.09 B	31.94%
2007-12-31	₹76.62 B	-8.72%
2006-12-31	₹83.94 B	10.84%
2005-12-31	₹75.73 B	38.09%
2004-12-31	₹54.84 B	12.04%
2003-12-31	₹48.95 B	21.23%
2002-12-31	₹40.37 B	33.42%
2001-12-31	₹30.26 B

Total liabilities for similar companies or competitors

Company	Total liabilities	differencediff.	Country
Independent Bank (Michigan) IBCP	₹406.63 B	-1.67%	🇺🇸 USA
Macatawa Bank MCBC	₹194.79 B	-52.90%	🇺🇸 USA
1st Source SRCE	₹651.28 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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