Mercantile Bank (MBWM) - Total liabilities

Total liabilities on the balance sheet as of September 2024 : C$7.45 Billion

According to Mercantile Bank's latest financial reports the company's total liabilities are C$7.45 Billion. A company’s total liabilities is the sum of all current and non-current debts and obligations.

Mercantile Bank - Total liabilities on balance sheet (from 2001 to 2024)

Total liabilities by year

Year	Total liabilities	Change
2023-12-31	C$6.40 B	6.57%
2022-12-31	C$6.01 B	-1.73%
2021-12-31	C$6.11 B	20.1%
2020-12-31	C$5.09 B	21.29%
2019-12-31	C$4.20 B	3.18%
2018-12-31	C$4.07 B	10.86%
2017-12-31	C$3.67 B	-0.33%
2016-12-31	C$3.68 B	3.36%
2015-12-31	C$3.56 B	19.75%
2014-12-31	C$2.97 B	119.57%
2013-12-31	C$1.35 B	6.82%
2012-12-31	C$1.26 B	-1.62%
2011-12-31	C$1.29 B	-14.33%
2010-12-31	C$1.50 B	-18.96%
2009-12-31	C$1.85 B	-24.85%
2008-12-31	C$2.47 B	27.55%
2007-12-31	C$1.93 B	-12.15%
2006-12-31	C$2.20 B	12.62%
2005-12-31	C$1.95 B	16.99%
2004-12-31	C$1.67 B	20.32%
2003-12-31	C$1.39 B	4.68%
2002-12-31	C$1.32 B	33.1%
2001-12-31	C$0.99 B

Total liabilities for similar companies or competitors

Company	Total liabilities	differencediff.	Country
Independent Bank (Michigan) IBCP	C$6.71 B	-9.88%	🇺🇸 USA
Macatawa Bank MCBC	C$3.24 B	-56.47%	🇺🇸 USA
1st Source SRCE	C$10.60 B	42.28%	🇺🇸 USA

What is the market capitalization of a company?

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In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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