Mercantile Bank (MBWM) - Total assets

Total assets on the balance sheet as of March 2024 : ₹458.56 B

According to Mercantile Bank's latest financial reports the company's total assets are ₹458.56 B. 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	₹445.64 B	10.53%
2022-12-31	₹403.20 B	2.91%
2021-12-31	₹391.82 B	20.94%
2020-12-31	₹323.97 B	25.29%
2019-12-31	₹258.59 B	10.51%
2018-12-31	₹233.99 B	11.5%
2017-12-31	₹209.85 B	0.18%
2016-12-31	₹209.47 B	8.58%
2015-12-31	₹192.92 B	5.36%
2014-12-31	₹183.10 B	107.64%
2013-12-31	₹88.18 B	13.18%
2012-12-31	₹77.92 B	2.77%
2011-12-31	₹75.81 B	3.6%
2010-12-31	₹73.18 B	-17.58%
2009-12-31	₹88.79 B	-19.11%
2008-12-31	₹109.76 B	31.22%
2007-12-31	₹83.64 B	-8.64%
2006-12-31	₹91.55 B	10.69%
2005-12-31	₹82.71 B	36.92%
2004-12-31	₹60.41 B	10.07%
2003-12-31	₹54.89 B	24.17%
2002-12-31	₹44.20 B	31.13%
2001-12-31	₹33.71 B

Total Assets for similar companies or competitors

Company	Total assets	differencediff.	Country
Independent Bank (Michigan) IBCP	₹442.75 B	-3.45%	🇺🇸 USA
Macatawa Bank MCBC	₹219.37 B	-52.16%	🇺🇸 USA
1st Source SRCE	₹744.81 B	62.42%	🇺🇸 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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