Mercantile Bank (MBWM) - Total debt

Total debt on the balance sheet as of September 2024 : £0.44 Billion

According to Mercantile Bank's latest financial reports the company's total debt is £0.44 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	£0.47 B	29.18%
2022-12-31	£0.36 B	0.32%
2021-12-31	£0.36 B	13.4%
2020-12-31	£0.32 B	5.97%
2019-12-31	£0.30 B	-2.05%
2018-12-31	£0.31 B	58.87%
2017-12-31	£0.19 B	10.27%
2016-12-31	£0.17 B	114.38%
2015-12-31	£83.1 M	19.26%
2014-12-31	£69.68 M	47.39%
2013-12-31	£47.28 M	12.4%
2012-12-31	£42.06 M	-17.68%
2011-12-31	£51.09 M	-28.15%
2010-12-31	£71.12 M	-54.84%
2009-12-31	£0.15 B	-28.42%
2008-12-31	£0.22 B	101.46%
2007-12-31	£0.10 B	62.95%
2006-12-31	£67.03 M	-30.08%
2005-12-31	£95.87 M	19.06%
2004-12-31	£80.52 M	33.87%
2003-12-31	£60.15 M	519.25%
2002-12-31	£9.71 M	-11.97%
2001-12-31	£11.03 M	2.57%
2000-12-31	£10.75 M	8.65%
1999-12-31	£9.9 M

Total debt for similar companies or competitors

Company	Total debt/th>	differencediff.	Country
Independent Bank (Michigan) IBCP	£63.02 M	-85.74%	🇺🇸 USA
Macatawa Bank MCBC	£15.88 M	-96.41%	🇺🇸 USA
1st Source SRCE	£0.15 B	-64.04%	🇺🇸 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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