Mercantile Bank (MBWM) - Total assets

Total assets on the balance sheet as of September 2024 : NZ$10.07 Billion

According to Mercantile Bank's latest financial reports the company's total assets are NZ$10.07 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	NZ$8.46 B	10.3%
2022-12-31	NZ$7.67 B	-0.3%
2021-12-31	NZ$7.69 B	25.17%
2020-12-31	NZ$6.14 B	14.01%
2019-12-31	NZ$5.39 B	7.56%
2018-12-31	NZ$5.01 B	8.37%
2017-12-31	NZ$4.62 B	3.99%
2016-12-31	NZ$4.45 B	4.9%
2015-12-31	NZ$4.24 B	14.88%
2014-12-31	NZ$3.69 B	112.66%
2013-12-31	NZ$1.73 B	0.39%
2012-12-31	NZ$1.72 B	-5.81%
2011-12-31	NZ$1.83 B	-13.21%
2010-12-31	NZ$2.11 B	-19.38%
2009-12-31	NZ$2.62 B	-31.02%
2008-12-31	NZ$3.80 B	37.38%
2007-12-31	NZ$2.76 B	-5.62%
2006-12-31	NZ$2.93 B	9.11%
2005-12-31	NZ$2.68 B	24.93%
2004-12-31	NZ$2.15 B	16.29%
2003-12-31	NZ$1.85 B	5.09%
2002-12-31	NZ$1.76 B	4.69%
2001-12-31	NZ$1.68 B

Total Assets for similar companies or competitors

Company	Total assets	differencediff.	Country
Independent Bank (Michigan) IBCP	NZ$8.95 B	-11.12%	🇺🇸 USA
Macatawa Bank MCBC	NZ$4.45 B	-55.81%	🇺🇸 USA
1st Source SRCE	NZ$14.91 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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