Mercantile Bank (MBWM) - Total debt

Total debt on the balance sheet as of March 2024 : A$0.87 B

According to Mercantile Bank's latest financial reports the company's total debt is A$0.87 B. A company’s total debt is the sum of all current and non-current debts.

Mercantile Bank - Total debt on balance sheet (from 1999 to 2024)

Total debt by year

Year	Total debt	Change
2023-12-31	A$0.89 B	35.88%
2022-12-31	A$0.65 B	-3.93%
2021-12-31	A$0.68 B	19.02%
2020-12-31	A$0.57 B	0.48%
2019-12-31	A$0.57 B	1.44%
2018-12-31	A$0.56 B	65.31%
2017-12-31	A$0.34 B	11.52%
2016-12-31	A$0.30 B	80.38%
2015-12-31	A$0.16 B	27.79%
2014-12-31	A$0.13 B	51.32%
2013-12-31	A$87.43 M	33.34%
2012-12-31	A$65.57 M	-15.34%
2011-12-31	A$77.46 M	-28.57%
2010-12-31	A$0.10 B	-61.95%
2009-12-31	A$0.28 B	-38.97%
2008-12-31	A$0.46 B	88.04%
2007-12-31	A$0.24 B	49.09%
2006-12-31	A$0.16 B	-26.28%
2005-12-31	A$0.22 B	13.11%
2004-12-31	A$0.19 B	38%
2003-12-31	A$0.14 B	423.66%
2002-12-31	A$27.64 M	-11.82%
2001-12-31	A$31.35 M	9.17%
2000-12-31	A$28.71 M	17.95%
1999-12-31	A$24.34 M

Total debt for similar companies or competitors

Company	Total debt	differencediff.	Country
Independent Bank (Michigan) IBCP	A$0.19 B	-77.93%	🇺🇸 USA
Macatawa Bank MCBC	A$29.99 M	-96.59%	🇺🇸 USA
1st Source SRCE	A$0.47 B	-46.18%	🇺🇸 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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