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Mercantile Bank (MBWM) Accounts Payables: 2012-2024

Historic Accounts Payables for Mercantile Bank (MBWM) over the last 11 years, with Dec 2024 value amounting to $4.7 billion.

  • Mercantile Bank's Accounts Payables rose 7.89% to $4.8 billion in Q3 2025 from the same period last year, while for Sep 2025 it was $4.8 billion, marking a year-over-year increase of 7.89%. This contributed to the annual value of $4.7 billion for FY2024, which is 20.44% up from last year.
  • Latest data reveals that Mercantile Bank reported Accounts Payables of $4.7 billion as of FY2024, which was up 20.44% from $3.9 billion recorded in FY2023.
  • Mercantile Bank's Accounts Payables' 5-year high stood at $4.7 billion during FY2024, with a 5-year trough of $3.4 billion in FY2020.
  • Over the past 3 years, Mercantile Bank's median Accounts Payables value was $3.9 billion (recorded in 2023), while the average stood at $4.1 billion.
  • In the last 5 years, Mercantile Bank's Accounts Payables grew by 26.81% in 2020 and then dropped by 9.07% in 2022.
  • Over the past 5 years, Mercantile Bank's Accounts Payables (Yearly) stood at $3.4 billion in 2020, then rose by 19.69% to $4.1 billion in 2021, then decreased by 9.07% to $3.7 billion in 2022, then rose by 5.07% to $3.9 billion in 2023, then climbed by 20.44% to $4.7 billion in 2024.