Mercantile Bank (MBWM) - Net assets

Net assets on the balance sheet as of September 2024 : €0.55 Billion

According to Mercantile Bank's latest financial reports the company has €0.55 Billion 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	2.07%
2021-12-31	$€0.40 B	12.3%
2020-12-31	$€0.35 B	-3.46%
2019-12-31	$€0.37 B	13.36%
2018-12-31	$€0.32 B	7.57%
2017-12-31	$€0.30 B	-5.89%
2016-12-31	$€0.32 B	6.13%
2015-12-31	$€0.30 B	13.15%
2014-12-31	$€0.26 B	143.01%
2013-12-31	$€0.11 B	0.18%
2012-12-31	$€0.11 B	-12.78%
2011-12-31	$€0.12 B	34.19%
2010-12-31	$€94.67 M	-3.18%
2009-12-31	$€97.78 M	-21.6%
2008-12-31	$€0.12 B	2.23%
2007-12-31	$€0.12 B	-6.35%
2006-12-31	$€0.13 B	-0.51%
2005-12-31	$€0.13 B	25.43%
2004-12-31	$€0.10 B	0.95%
2003-12-31	$€0.10 B	35.41%
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	€0.43 B	-22.45%	🇺🇸 USA
Macatawa Bank MCBC	€0.27 B	-49.77%	🇺🇸 USA
1st Source SRCE	€1.12 B	101.47%	🇺🇸 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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