Mercantile Bank (MBWM) Long-Term Debt Repayments: 2011-2024
Historic Long-Term Debt Repayments for Mercantile Bank (MBWM) over the last 13 years, with Dec 2024 value amounting to $90.8 million.
- Mercantile Bank's Long-Term Debt Repayments changed negligibly% to $10.0 million in Q3 2025 from the same period last year, while for Sep 2025 it was $90.9 million, marking a year-over-year increase of 0.04%. This contributed to the annual value of $90.8 million for FY2024, which is 13.03% up from last year.
- Per Mercantile Bank's latest filing, its Long-Term Debt Repayments stood at $90.8 million for FY2024, which was up 13.03% from $80.4 million recorded in FY2023.
- Mercantile Bank's 5-year Long-Term Debt Repayments high stood at $94.0 million for FY2022, and its period low was $20.0 million during FY2020.
- Moreover, its 3-year median value for Long-Term Debt Repayments was $90.8 million (2024), whereas its average is $88.4 million.
- Per our database at Business Quant, Mercantile Bank's Long-Term Debt Repayments slumped by 50.00% in 2020 and then spiked by 370.00% in 2022.
- Yearly analysis of 5 years shows Mercantile Bank's Long-Term Debt Repayments stood at $20.0 million in 2020, then remained steady at $20.0 million in 2021, then skyrocketed by 370.00% to $94.0 million in 2022, then fell by 14.52% to $80.4 million in 2023, then grew by 13.03% to $90.8 million in 2024.