Mercantile Bank (MBWM) - Net assets

Net assets on the balance sheet as of September 2024 : ₹49.28 Billion

According to Mercantile Bank's latest financial reports the company has ₹49.28 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	$₹43.46 B	19%
2022-12-31	$₹36.52 B	7.49%
2021-12-31	$₹33.98 B	5.23%
2020-12-31	$₹32.29 B	8.71%
2019-12-31	$₹29.70 B	13.21%
2018-12-31	$₹26.23 B	12.32%
2017-12-31	$₹23.36 B	0.87%
2016-12-31	$₹23.15 B	4.4%
2015-12-31	$₹22.18 B	6.67%
2014-12-31	$₹20.79 B	119.55%
2013-12-31	$₹9.47 B	18.02%
2012-12-31	$₹8.02 B	-8.05%
2011-12-31	$₹8.72 B	54.67%
2010-12-31	$₹5.64 B	-13.19%
2009-12-31	$₹6.50 B	-22.44%
2008-12-31	$₹8.38 B	19.87%
2007-12-31	$₹6.99 B	-8.17%
2006-12-31	$₹7.61 B	9.07%
2005-12-31	$₹6.98 B	13.82%
2004-12-31	$₹6.13 B	3.46%
2003-12-31	$₹5.92 B	54.84%
2002-12-31	$₹3.82 B	11.03%
2001-12-31	$₹3.44 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Independent Bank (Michigan) IBCP	₹38.22 B	-22.45%	🇺🇸 USA
Macatawa Bank MCBC	₹24.75 B	-49.77%	🇺🇸 USA
1st Source SRCE	₹99.29 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.

DISCLAIMER

CompaniesMarketCap is not associated in any way with CoinMarketCap.com
Stock prices are delayed, the delay can range from a few minutes to several hours.
Company logos are from the CompaniesLogo.com logo database and belong to their respective copyright holders. Companies Marketcap displays them for editorial purposes only.

Contact

For inquiries or if you want to report a problem write to hello@8marketcap.com

Links

- Privacy policy

- Terms and conditions