Mercantile Bank (MBWM) - Total assets

Total assets on the balance sheet as of March 2024 : S$7.11 B

According to Mercantile Bank's latest financial reports the company's total assets are S$7.11 B. 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	S$7.07 B	8.23%
2022-12-31	S$6.53 B	-7.87%
2021-12-31	S$7.09 B	20.87%
2020-12-31	S$5.86 B	20.08%
2019-12-31	S$4.88 B	6.61%
2018-12-31	S$4.58 B	4.24%
2017-12-31	S$4.39 B	-1.47%
2016-12-31	S$4.46 B	8.53%
2015-12-31	S$4.11 B	7.53%
2014-12-31	S$3.82 B	111.42%
2013-12-31	S$1.80 B	3.85%
2012-12-31	S$1.74 B	-6.19%
2011-12-31	S$1.85 B	-11.77%
2010-12-31	S$2.10 B	-21.47%
2009-12-31	S$2.67 B	-15.63%
2008-12-31	S$3.17 B	3.51%
2007-12-31	S$3.06 B	-3.24%
2006-12-31	S$3.16 B	3.57%
2005-12-31	S$3.06 B	35.12%
2004-12-31	S$2.26 B	10.6%
2003-12-31	S$2.04 B	28.04%
2002-12-31	S$1.59 B	23.67%
2001-12-31	S$1.29 B

Total Assets for similar companies or competitors

Company	Total assets	differencediff.	Country
Independent Bank (Michigan) IBCP	S$6.87 B	-3.45%	🇺🇸 USA
Macatawa Bank MCBC	S$3.40 B	-52.16%	🇺🇸 USA
1st Source SRCE	S$11.56 B	62.42%	🇺🇸 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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