Mercantile Bank (MBWM) - Total debt

Total debt on the balance sheet as of September 2024 : C$0.77 Billion

According to Mercantile Bank's latest financial reports the company's total debt is C$0.77 Billion. 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	C$0.80 B	32.97%
2022-12-31	C$0.60 B	-4.27%
2021-12-31	C$0.63 B	12.25%
2020-12-31	C$0.56 B	7.53%
2019-12-31	C$0.52 B	-2.99%
2018-12-31	C$0.53 B	61.67%
2017-12-31	C$0.33 B	13%
2016-12-31	C$0.29 B	72.93%
2015-12-31	C$0.17 B	35.69%
2014-12-31	C$0.12 B	51.66%
2013-12-31	C$83.02 M	22.79%
2012-12-31	C$67.6 M	-16.31%
2011-12-31	C$80.79 M	-26.39%
2010-12-31	C$0.10 B	-59.08%
2009-12-31	C$0.26 B	-31.61%
2008-12-31	C$0.39 B	81.15%
2007-12-31	C$0.21 B	41.6%
2006-12-31	C$0.15 B	-20.58%
2005-12-31	C$0.19 B	3.66%
2004-12-31	C$0.18 B	33.02%
2003-12-31	C$0.13 B	467.42%
2002-12-31	C$24.6 M	-3.48%
2001-12-31	C$25.48 M	5.95%
2000-12-31	C$24.05 M	4.25%
1999-12-31	C$23.07 M

Total debt for similar companies or competitors

Company	Total debt/th>	differencediff.	Country
Independent Bank (Michigan) IBCP	C$0.11 B	-85.74%	🇺🇸 USA
Macatawa Bank MCBC	C$27.94 M	-96.41%	🇺🇸 USA
1st Source SRCE	C$0.27 B	-64.04%	🇺🇸 USA

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