Balance Sheet
Accounts PayablesAccumulated ExpensesAssetsCash & Current InvestmentsCash & EquivalentsCash Due from BankCommon EquityFed Funds SoldGoodwillGoodwill & IntangiblesIntangiblesInterest DepositsLiabilities and Shareholders EquityLoans - GrossLoans - Loss AllowanceLoans - NetLoans - NetNon-Current DebtOther Non-Current AssetsOther Non-Current LiabilitiesPayablesProperty, Plant & Equipment (Net)Property, Plant & Equipment (Net)Receivables - AccuredRetained EarningsSecurities - TradableShareholder's EquityShares OutstandingShort-term InvestmentsTotal DebtTotal LiabilitiesTotal Non-Current LiabilitiesTreasury Shares
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Others
Ratios

Mercantile Bank (MBWM) Non-Current Debt (2016 - 2026)

Mercantile Bank (MBWM) has disclosed Non-Current Debt for 11 consecutive years, with $315.3 million as the latest value for Q1 2026.

  • For Q1 2026, Non-Current Debt rose 30.24% year-over-year to $315.3 million; the TTM value through Mar 2026 reached $315.3 million, up 30.24%, while the annual FY2025 figure was $232.3 million, 160.08% up from the prior year.
  • Non-Current Debt hit $315.3 million in Q1 2026 for Mercantile Bank, up from $232.3 million in the prior quarter.
  • Across five years, Non-Current Debt topped out at $346.2 million in Q3 2025 and bottomed at $49.3 million in Q2 2023.
  • Average Non-Current Debt over 5 years is $157.1 million, with a median of $89.3 million recorded in 2024.
  • Year-over-year, Non-Current Debt plummeted 77.55% in 2022 and then soared 171.85% in 2025.
  • Mercantile Bank's Non-Current Debt stood at $88.6 million in 2022, then rose by 0.39% to $89.0 million in 2023, then increased by 0.39% to $89.3 million in 2024, then soared by 160.08% to $232.3 million in 2025, then skyrocketed by 35.74% to $315.3 million in 2026.
  • According to Business Quant data, Non-Current Debt over the past three periods came in at $315.3 million, $232.3 million, and $346.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.