Mercantile Bank (MBWM) - Total assets

Total assets on the balance sheet as of September 2024 : HK$46.05 Billion

According to Mercantile Bank's latest financial reports the company's total assets are HK$46.05 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	HK$41.80 B	9.82%
2022-12-31	HK$38.07 B	-7.14%
2021-12-31	HK$40.99 B	19.18%
2020-12-31	HK$34.39 B	21.58%
2019-12-31	HK$28.29 B	7.41%
2018-12-31	HK$26.34 B	2.58%
2017-12-31	HK$25.67 B	7.43%
2016-12-31	HK$23.90 B	6.22%
2015-12-31	HK$22.50 B	0.28%
2014-12-31	HK$22.44 B	102.82%
2013-12-31	HK$11.06 B	0.32%
2012-12-31	HK$11.02 B	-0.92%
2011-12-31	HK$11.13 B	-12.37%
2010-12-31	HK$12.70 B	-14.05%
2009-12-31	HK$14.78 B	-13.38%
2008-12-31	HK$17.06 B	3.15%
2007-12-31	HK$16.54 B	2.88%
2006-12-31	HK$16.07 B	12.81%
2005-12-31	HK$14.25 B	19.39%
2004-12-31	HK$11.93 B	27.98%
2003-12-31	HK$9.32 B	29.74%
2002-12-31	HK$7.18 B	31.96%
2001-12-31	HK$5.44 B

Total Assets for similar companies or competitors

Company	Total assets	differencediff.	Country
Independent Bank (Michigan) IBCP	HK$40.93 B	-11.12%	🇺🇸 USA
Macatawa Bank MCBC	HK$20.35 B	-55.81%	🇺🇸 USA
1st Source SRCE	HK$68.21 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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