Mercantile Bank (MBWM) - Net assets

Net assets on the balance sheet as of March 2024 : €0.48 B

According to Mercantile Bank's latest financial reports the company has €0.48 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Mercantile Bank - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$€0.47 B	14.78%
2022-12-31	$€0.41 B	2.54%
2021-12-31	$€0.40 B	11.1%
2020-12-31	$€0.36 B	-2.63%
2019-12-31	$€0.37 B	13.25%
2018-12-31	$€0.32 B	7.43%
2017-12-31	$€0.30 B	-5.89%
2016-12-31	$€0.32 B	5.97%
2015-12-31	$€0.30 B	13.43%
2014-12-31	$€0.26 B	142.88%
2013-12-31	$€0.11 B	0.07%
2012-12-31	$€0.11 B	-12.71%
2011-12-31	$€0.12 B	33.86%
2010-12-31	$€94.91 M	-3.01%
2009-12-31	$€97.86 M	-20.82%
2008-12-31	$€0.12 B	2.28%
2007-12-31	$€0.12 B	-7.25%
2006-12-31	$€0.13 B	-0.51%
2005-12-31	$€0.13 B	39.81%
2004-12-31	$€93.66 M	-10.14%
2003-12-31	$€0.10 B	36.48%
2002-12-31	$€76.37 M	-5.62%
2001-12-31	$€80.91 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Independent Bank (Michigan) IBCP	€0.38 B	-19.79%	🇺🇸 USA
Macatawa Bank MCBC	€0.26 B	-45.41%	🇺🇸 USA
1st Source SRCE	€1.00 B	107.75%	🇺🇸 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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