Mercantile Bank (MBWM) Long-Term Debt Repayments (2016 - 2025)
Historic Long-Term Debt Repayments for Mercantile Bank (MBWM) over the last 11 years, with Q3 2025 value amounting to $10.0 million.
- Mercantile Bank's Long-Term Debt Repayments changed 0.0% to $10.0 million in Q3 2025 from the same period last year, while for Sep 2025 it was $81.7 million, marking a year-over-year decrease of 1083.42%. This contributed to the annual value of $90.8 million for FY2024, which is 1303.5% up from last year.
- As of Q3 2025, Mercantile Bank's Long-Term Debt Repayments stood at $10.0 million, which was down 0.0% from $30.0 million recorded in Q2 2025.
- Mercantile Bank's Long-Term Debt Repayments' 5-year high stood at $30.8 million during Q1 2024, with a 5-year trough of $10.0 million in Q3 2023.
- Its 5-year average for Long-Term Debt Repayments is $21.6 million, with a median of $20.4 million in 2021.
- Per our database at Business Quant, Mercantile Bank's Long-Term Debt Repayments crashed by 5833.33% in 2023 and then soared by 19775.91% in 2024.
- Over the past 5 years, Mercantile Bank's Long-Term Debt Repayments (Quarter) stood at $20.0 million in 2021, then skyrocketed by 50.0% to $30.0 million in 2022, then changed by 0.0% to $30.0 million in 2023, then changed by 0.0% to $30.0 million in 2024, then plummeted by 66.67% to $10.0 million in 2025.
- Its last three reported values are $10.0 million in Q3 2025, $30.0 million for Q2 2025, and $20.9 million during Q1 2025.