Mercantile Bank (MBWM) Long-Term Debt Issuances: 2011-2025
Historic Long-Term Debt Issuances for Mercantile Bank (MBWM) over the last 3 years, with Jun 2025 value amounting to $20.0 million.
- Mercantile Bank's Long-Term Debt Issuances was N/A to $20.0 million in Q2 2025 from the same period last year, while for Jun 2025 it was $190.0 million, marking a year-over-year change of. This contributed to the annual value of $10.0 million for FY2024, which is 95.83% down from last year.
- Mercantile Bank's Long-Term Debt Issuances amounted to $20.0 million in Q2 2025, which was up 100.00% from $10.0 million recorded in Q1 2024.
- In the past 5 years, Mercantile Bank's Long-Term Debt Issuances registered a high of $120.0 million during Q2 2023, and its lowest value of $10.0 million during Q1 2024.
- Over the past 3 years, Mercantile Bank's median Long-Term Debt Issuances value was $40.0 million (recorded in 2023), while the average stood at $54.0 million.
- Its Long-Term Debt Issuances has fluctuated over the past 5 years, first spiked by 183.06% in 2023, then crashed by 87.50% in 2024.
- Mercantile Bank's Long-Term Debt Issuances (Quarterly) stood at $73.6 million in 2021, then reached $28.3 million in 2022, then spiked by 183.06% to $40.0 million in 2023, then plummeted by 87.50% to $10.0 million in 2024, then reached $20.0 million in 2025.
- Its Long-Term Debt Issuances was $20.0 million in Q2 2025, compared to $10.0 million in Q1 2024 and $40.0 million in Q4 2023.