Mercantile Bank (MBWM) Current Debt (2010 - 2026)
Mercantile Bank's Current Debt was -$2.04 million in Q2 2026, compared with $683,000 a year earlier.
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Analysis
Mercantile Bank (MBWM) Current Debt (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Mercantile Bank's Current Debt was -$25.32 million through Jun 30, 2026; for FY2025, it came in at $110.77 million.
- Current Debt shows a five-year compound annual growth rate of 47.8% (FY2020 to FY2025).
- In earlier years, Current Debt was -$108.21 million in FY2024, $35.39 million in FY2023, -$3.12 million in FY2022 and $79.1 million in FY2021 (+404.1%).
- Quarterly Current Debt has moved between -$99.42 million (Q4 2024) and $120.58 million (Q1 2025) over five years.
- Per Business Quant data, MBWM's Current Debt in the three quarters before Q2 2026 was -$12.78 million (Q1 2026), -$19.21 million (Q4 2025) and $8.71 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 890.60 Bn | 920.07 Bn | - | -11.68 Bn |
| 2 | Banco Santander Chile | 421.74 Bn | 541.68 Bn | - | - |
| 3 | Bank Of America | 385.85 Bn | -1,990.22 Bn | - | -20.80 Bn |
| 4 | Hsbc Holdings | 345.94 Bn | 345.99 Bn | - | - |
| 5 | Morgan Stanley | 303.15 Bn | -205.95 Bn | - | -17.63 Bn |
| 6 | Royal Bank Of Canada | 279.82 Bn | 130.57 Bn | - | 3.99 Bn |
| 7 | Mitsubishi Ufj Financial | 274.62 Bn | -1,313.87 Bn | 10.89 Bn | - |
| 8 | Goldman Sachs | 267.07 Bn | -3,290.04 Bn | - | - |
| 9 | Wells Fargo & Company | 243.79 Bn | 245.93 Bn | - | 17.43 Bn |
| 10 | Mercantile Bank | 1.02 Bn | 1.02 Bn | - | -2.04 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -2.04 Mn |
| Mar 31, 2026 | -12.78 Mn |
| Dec 31, 2025 | -19.21 Mn |
| Sep 30, 2025 | 8.71 Mn |
| Jun 30, 2025 | 683,000.00 |
| Mar 31, 2025 | 120.58 Mn |
| Dec 31, 2024 | -99.42 Mn |
| Sep 30, 2024 | -962,000.00 |
| Jun 30, 2024 | -6.72 Mn |
| Mar 31, 2024 | -1.12 Mn |
| Dec 31, 2023 | 65.65 Mn |
| Sep 30, 2023 | -55.38 Mn |
| Jun 30, 2023 | -8.00 Mn |
| Mar 31, 2023 | 33.11 Mn |
| Dec 31, 2022 | -4.27 Mn |
| Sep 30, 2022 | -4.73 Mn |
| Jun 30, 2022 | -932,000.00 |
| Mar 31, 2022 | 6.81 Mn |
| Dec 31, 2021 | 21.61 Mn |
| Sep 30, 2021 | 6.11 Mn |
API Access
Mercantile Bank Current Debt API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=current-debt&ticker=MBWM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-debt", "ticker": "MBWM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=current-debt&ticker=MBWM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();