Mercantile Bank (MBWM) Long-Term Debt Issuances (2016 - 2025)

Historic Long-Term Debt Issuances for Mercantile Bank (MBWM) over the last 14 years, with Q2 2025 value amounting to $20.0 million.

  • Mercantile Bank's Long-Term Debt Issuances changed N/A to $20.0 million in Q2 2025 from the same period last year, while for Sep 2025 it was $20.0 million, marking a year-over-year decrease of 6000.0%. This contributed to the annual value of $10.0 million for FY2024, which is 9583.33% down from last year.
  • Latest data reveals that Mercantile Bank reported Long-Term Debt Issuances of $20.0 million as of Q2 2025.
  • Mercantile Bank's Long-Term Debt Issuances' 5-year high stood at $120.0 million during Q2 2023, with a 5-year trough of $10.0 million in Q1 2024.
  • Over the past 5 years, Mercantile Bank's median Long-Term Debt Issuances value was $40.0 million (recorded in 2023), while the average stood at $53.1 million.
  • As far as peak fluctuations go, Mercantile Bank's Long-Term Debt Issuances soared by 18305.56% in 2023, and later tumbled by 8750.0% in 2024.
  • Mercantile Bank's Long-Term Debt Issuances (Quarter) stood at $73.6 million in 2021, then tumbled by 61.62% to $28.3 million in 2022, then skyrocketed by 41.53% to $40.0 million in 2023, then tumbled by 75.0% to $10.0 million in 2024, then skyrocketed by 100.0% to $20.0 million in 2025.
  • Its last three reported values are $20.0 million in Q2 2025, $10.0 million for Q1 2024, and $40.0 million during Q4 2023.