Mercantile Bank (MBWM) - Total debt

Total debt on the balance sheet as of September 2024 : €0.52 Billion

According to Mercantile Bank's latest financial reports the company's total debt is €0.52 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	€0.54 B	32%
2022-12-31	€0.41 B	-5.08%
2021-12-31	€0.43 B	21.97%
2020-12-31	€0.35 B	0.32%
2019-12-31	€0.35 B	3.33%
2018-12-31	€0.34 B	56.5%
2017-12-31	€0.22 B	5.88%
2016-12-31	€0.20 B	85.55%
2015-12-31	€0.11 B	26.26%
2014-12-31	€89.2 M	57.96%
2013-12-31	€56.47 M	9.87%
2012-12-31	€51.39 M	-15.96%
2011-12-31	€61.15 M	-25.91%
2010-12-31	€82.54 M	-53.6%
2009-12-31	€0.17 B	-22.89%
2008-12-31	€0.23 B	55.23%
2007-12-31	€0.14 B	49.35%
2006-12-31	€99.51 M	-28.7%
2005-12-31	€0.13 B	22.47%
2004-12-31	€0.11 B	33.34%
2003-12-31	€85.47 M	473.63%
2002-12-31	€14.9 M	-17.76%
2001-12-31	€18.11 M	6.29%
2000-12-31	€17.04 M	7.2%
1999-12-31	€15.9 M

Total debt for similar companies or competitors

Company	Total debt/th>	differencediff.	Country
Independent Bank (Michigan) IBCP	€75.2 M	-85.74%	🇺🇸 USA
Macatawa Bank MCBC	€18.95 M	-96.41%	🇺🇸 USA
1st Source SRCE	€0.18 B	-64.04%	🇺🇸 USA

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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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