Mercantile Bank (MBWM) - Cash on Hand

Cash on Hand as of December 2022 : $96.77 Million USD

According to Mercantile Bank's latest financial reports the company has $96.77 Million USD in cash and cash equivalents.
A company’s cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.

Mercantile Bank - Cash on Hand chart (from 1999 to 2022)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	$96.77 M	-90.08%
2021-12-31	$0.97 B	55.77%
2020-12-31	$0.62 B	167.83%
2019-12-31	$0.23 B	210.18%
2018-12-31	$75.35 M	-62.34%
2017-12-31	$0.20 B	8.99%
2016-12-31	$0.18 B	105.61%
2015-12-31	$89.29 M	-44.72%
2014-12-31	$0.16 B	586.26%
2013-12-31	$23.53 M	-24.37%
2012-12-31	$31.12 M	41.2%
2011-12-31	$22.04 M	230.28%
2010-12-31	$6.67 M	-64.68%
2009-12-31	$18.89 M	12.79%
2008-12-31	$16.75 M	-42.5%
2007-12-31	$29.13 M	-42.98%
2006-12-31	$51.09 M	41.12%
2005-12-31	$36.2 M	75.24%
2004-12-31	$20.66 M	26.69%
2003-12-31	$16.3 M	-30.32%
2002-12-31	$23.4 M	61.78%
2001-12-31	$14.46 M	23.73%
2000-12-31	$11.69 M	-14.65%
1999-12-31	$13.7 M	112.21%
1998-12-31	$6.45 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Independent Bank (Michigan) IBCP	$0.22 B	134.59%	🇺🇸 USA
Macatawa Bank MCBC	$51.21 M	-47.08%	🇺🇸 USA
1st Source SRCE	$84.7 M	-12.47%	🇺🇸 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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