Mercantile Bank (MBWM) Long-Term Debt Issuances: 2011-2024

Historic Long-Term Debt Issuances for Mercantile Bank (MBWM) over the last 13 years, with Dec 2024 value amounting to $10.0 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 $10.0 million in FY2024, which was down 95.83% from $240.0 million recorded in FY2023.
  • In the past 5 years, Mercantile Bank's Long-Term Debt Issuances ranged from a high of $240.0 million in FY2023 and a low of $10.0 million during FY2024.
  • In the last 3 years, Mercantile Bank's Long-Term Debt Issuances had a median value of $28.3 million in 2022 and averaged $92.8 million.
  • As far as peak fluctuations go, Mercantile Bank's Long-Term Debt Issuances spiked by 749.17% in 2023, and later crashed by 95.83% in 2024.
  • Mercantile Bank's Long-Term Debt Issuances (Yearly) stood at $60.0 million in 2020, then rose by 22.72% to $73.6 million in 2021, then slumped by 61.62% to $28.3 million in 2022, then soared by 749.17% to $240.0 million in 2023, then tumbled by 95.83% to $10.0 million in 2024.