Mercantile Bank (MBWM) - Total assets

Total assets on the balance sheet as of March 2024 : A$8.19 B

According to Mercantile Bank's latest financial reports the company's total assets are A$8.19 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	A$7.85 B	9.73%
2022-12-31	A$7.16 B	-0.98%
2021-12-31	A$7.23 B	25.57%
2020-12-31	A$5.75 B	11.43%
2019-12-31	A$5.16 B	8.27%
2018-12-31	A$4.77 B	13.38%
2017-12-31	A$4.20 B	-1.56%
2016-12-31	A$4.27 B	7.28%
2015-12-31	A$3.98 B	12.97%
2014-12-31	A$3.52 B	120.55%
2013-12-31	A$1.59 B	16.57%
2012-12-31	A$1.37 B	-1.82%
2011-12-31	A$1.39 B	-13.31%
2010-12-31	A$1.61 B	-24.35%
2009-12-31	A$2.13 B	-33.33%
2008-12-31	A$3.19 B	31.68%
2007-12-31	A$2.42 B	-7.42%
2006-12-31	A$2.62 B	4.39%
2005-12-31	A$2.51 B	26.56%
2004-12-31	A$1.98 B	22.62%
2003-12-31	A$1.61 B	-1.06%
2002-12-31	A$1.63 B	19.52%
2001-12-31	A$1.36 B

Total Assets for similar companies or competitors

Company	Total assets	differencediff.	Country
Independent Bank (Michigan) IBCP	A$7.91 B	-3.45%	🇺🇸 USA
Macatawa Bank MCBC	A$3.92 B	-52.16%	🇺🇸 USA
1st Source SRCE	A$13.31 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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