Mercantile Bank (MBWM) - Total assets

Total assets on the balance sheet as of September 2024 : £4.71 Billion

According to Mercantile Bank's latest financial reports the company's total assets are £4.71 Billion. A company’s total assets is the sum of all current and non-current assets, such as inventories, cash and cash equivalents, properties and equipment.

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

Total assets by year

Year	Total assets	Change
2023-12-31	£4.20 B	4.33%
2022-12-31	£4.02 B	3.4%
2021-12-31	£3.89 B	19.65%
2020-12-31	£3.25 B	17.5%
2019-12-31	£2.77 B	4.54%
2018-12-31	£2.65 B	8.97%
2017-12-31	£2.43 B	-2.66%
2016-12-31	£2.49 B	27.5%
2015-12-31	£1.95 B	5.43%
2014-12-31	£1.85 B	114.83%
2013-12-31	£0.86 B	-1.74%
2012-12-31	£0.88 B	-4.53%
2011-12-31	£0.92 B	-12.8%
2010-12-31	£1.05 B	-10.23%
2009-12-31	£1.17 B	-21.81%
2008-12-31	£1.50 B	41.08%
2007-12-31	£1.06 B	1.18%
2006-12-31	£1.05 B	-0.99%
2005-12-31	£1.06 B	33.22%
2004-12-31	£0.80 B	18.95%
2003-12-31	£0.67 B	17%
2002-12-31	£0.57 B	19.31%
2001-12-31	£0.48 B

Total Assets for similar companies or competitors

Company	Total assets	differencediff.	Country
Independent Bank (Michigan) IBCP	£4.19 B	-11.12%	🇺🇸 USA
Macatawa Bank MCBC	£2.08 B	-55.81%	🇺🇸 USA
1st Source SRCE	£6.98 B	48.11%	🇺🇸 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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