Mercantile Bank (MBWM) - Cash on Hand

Cash on Hand as of December 2022 : S$0.12 B

According to Mercantile Bank's latest financial reports the company has S$0.12 B 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	S$0.12 B	-90.14%
2021-12-31	S$1.31 B	58.9%
2020-12-31	S$0.82 B	163.32%
2019-12-31	S$0.31 B	206.18%
2018-12-31	S$0.10 B	-61.65%
2017-12-31	S$0.26 B	0.72%
2016-12-31	S$0.26 B	110.19%
2015-12-31	S$0.12 B	-40.77%
2014-12-31	S$0.21 B	615.54%
2013-12-31	S$29.82 M	-21.69%
2012-12-31	S$38.08 M	33.42%
2011-12-31	S$28.54 M	231.91%
2010-12-31	S$8.6 M	-67.61%
2009-12-31	S$26.55 M	10.22%
2008-12-31	S$24.09 M	-42.82%
2007-12-31	S$42.13 M	-46.23%
2006-12-31	S$78.35 M	29.97%
2005-12-31	S$60.28 M	97.87%
2004-12-31	S$30.46 M	9.76%
2003-12-31	S$27.75 M	-31.65%
2002-12-31	S$40.6 M	51.63%
2001-12-31	S$26.78 M	32.15%
2000-12-31	S$20.26 M	-11.16%
1999-12-31	S$22.81 M	114.01%
1998-12-31	S$10.65 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Independent Bank (Michigan) IBCP	S$0.29 B	134.59%	🇺🇸 USA
Macatawa Bank MCBC	S$66.7 M	-47.08%	🇺🇸 USA
1st Source SRCE	S$0.11 B	-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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