Mercantile Bank (MBWM) - Total assets

Total assets on the balance sheet as of September 2024 : $5.91 Billion USD

According to Mercantile Bank's latest financial reports the company's total assets are $5.91 Billion USD. 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	$5.35 B	9.86%
2022-12-31	$4.87 B	-7.32%
2021-12-31	$5.25 B	18.49%
2020-12-31	$4.43 B	22.14%
2019-12-31	$3.63 B	8%
2018-12-31	$3.36 B	2.35%
2017-12-31	$3.28 B	6.62%
2016-12-31	$3.08 B	6.17%
2015-12-31	$2.90 B	0.35%
2014-12-31	$2.89 B	102.76%
2013-12-31	$1.42 B	0.28%
2012-12-31	$1.42 B	-0.72%
2011-12-31	$1.43 B	-12.2%
2010-12-31	$1.63 B	-14.36%
2009-12-31	$1.90 B	-13.67%
2008-12-31	$2.20 B	4.08%
2007-12-31	$2.12 B	2.62%
2006-12-31	$2.06 B	12.46%
2005-12-31	$1.83 B	19.67%
2004-12-31	$1.53 B	27.65%
2003-12-31	$1.20 B	30.53%
2002-12-31	$0.92 B	31.94%
2001-12-31	$0.69 B

Total Assets for similar companies or competitors

Company	Total assets	differencediff.	Country
Independent Bank (Michigan) IBCP	$5.25 B	-11.12%	🇺🇸 USA
Macatawa Bank MCBC	$2.61 B	-55.81%	🇺🇸 USA
1st Source SRCE	$8.76 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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