Mercantile Bank (MBWM) - Cash on Hand

Cash on Hand as of December 2022 : C$0.13 Billion

According to Mercantile Bank's latest financial reports the company has C$0.13 Billion 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	C$0.13 B	-89.43%
2021-12-31	C$1.24 B	55.7%
2020-12-31	C$0.79 B	161.48%
2019-12-31	C$0.30 B	197.39%
2018-12-31	C$0.10 B	-59.2%
2017-12-31	C$0.25 B	1.97%
2016-12-31	C$0.24 B	99.19%
2015-12-31	C$0.12 B	-33.92%
2014-12-31	C$0.18 B	648.13%
2013-12-31	C$25.05 M	-19.04%
2012-12-31	C$30.94 M	38.03%
2011-12-31	C$22.42 M	236.1%
2010-12-31	C$6.67 M	-66.45%
2009-12-31	C$19.88 M	-2.4%
2008-12-31	C$20.37 M	-29.92%
2007-12-31	C$29.06 M	-51.14%
2006-12-31	C$59.49 M	41.13%
2005-12-31	C$42.15 M	69.86%
2004-12-31	C$24.81 M	17.31%
2003-12-31	C$21.15 M	-42.77%
2002-12-31	C$36.96 M	60.39%
2001-12-31	C$23.04 M	31.56%
2000-12-31	C$17.51 M	-11.34%
1999-12-31	C$19.75 M	99.06%
1998-12-31	C$9.92 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Independent Bank (Michigan) IBCP	C$0.31 B	134.59%	🇺🇸 USA
Macatawa Bank MCBC	C$71.75 M	-47.08%	🇺🇸 USA
1st Source SRCE	C$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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