Mercantile Bank (MBWM) Non-Current Debt (2016 - 2025)

Historic Non-Current Debt for Mercantile Bank (MBWM) over the last 14 years, with Q3 2025 value amounting to $346.2 million.

  • Mercantile Bank's Non-Current Debt fell 1698.99% to $346.2 million in Q3 2025 from the same period last year, while for Sep 2025 it was $346.2 million, marking a year-over-year decrease of 1698.99%. This contributed to the annual value of $387.1 million for FY2024, which is 1727.4% down from last year.
  • Per Mercantile Bank's latest filing, its Non-Current Debt stood at $346.2 million for Q3 2025, which was down 1698.99% from $356.2 million recorded in Q2 2025.
  • Over the past 5 years, Mercantile Bank's Non-Current Debt peaked at $467.9 million during Q2 2023, and registered a low of $308.3 million during Q4 2022.
  • Moreover, its 5-year median value for Non-Current Debt was $387.1 million (2024), whereas its average is $392.9 million.
  • In the last 5 years, Mercantile Bank's Non-Current Debt surged by 5178.92% in 2023 and then tumbled by 1808.66% in 2025.
  • Over the past 5 years, Mercantile Bank's Non-Current Debt (Quarter) stood at $374.0 million in 2021, then decreased by 17.58% to $308.3 million in 2022, then soared by 51.79% to $467.9 million in 2023, then dropped by 17.27% to $387.1 million in 2024, then fell by 10.56% to $346.2 million in 2025.
  • Its Non-Current Debt was $346.2 million in Q3 2025, compared to $356.2 million in Q2 2025 and $366.2 million in Q1 2025.