Mercantile Bank (MBWM) - Total liabilities

Total liabilities on the balance sheet as of September 2024 : ₹456.21 Billion

According to Mercantile Bank's latest financial reports the company's total liabilities are ₹456.21 Billion. A company’s total liabilities is the sum of all current and non-current debts and obligations.

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

Total liabilities by year

Year	Total liabilities	Change
2023-12-31	₹402.18 B	9.68%
2022-12-31	₹366.68 B	2.61%
2021-12-31	₹357.35 B	22.29%
2020-12-31	₹292.22 B	27.41%
2019-12-31	₹229.36 B	9.76%
2018-12-31	₹208.97 B	12.05%
2017-12-31	₹186.49 B	0.1%
2016-12-31	₹186.31 B	9.1%
2015-12-31	₹170.77 B	5.04%
2014-12-31	₹162.57 B	106.62%
2013-12-31	₹78.68 B	12.6%
2012-12-31	₹69.88 B	4.16%
2011-12-31	₹67.08 B	-0.62%
2010-12-31	₹67.50 B	-17.62%
2009-12-31	₹81.94 B	-16.16%
2008-12-31	₹97.74 B	28.17%
2007-12-31	₹76.26 B	-9.15%
2006-12-31	₹83.94 B	10.84%
2005-12-31	₹75.73 B	25.41%
2004-12-31	₹60.39 B	23.6%
2003-12-31	₹48.85 B	21%
2002-12-31	₹40.37 B	33.42%
2001-12-31	₹30.26 B

Total liabilities for similar companies or competitors

Company	Total liabilities	differencediff.	Country
Independent Bank (Michigan) IBCP	₹411.14 B	-9.88%	🇺🇸 USA
Macatawa Bank MCBC	₹198.60 B	-56.47%	🇺🇸 USA
1st Source SRCE	₹649.08 B	42.28%	🇺🇸 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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