Mercantile Bank (MBWM) Non-Current Debt: 2011-2025
Historic Non-Current Debt for Mercantile Bank (MBWM) over the last 11 years, with Sep 2025 value amounting to $346.2 million.
- Mercantile Bank's Non-Current Debt fell 16.99% 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 16.99%. This contributed to the annual value of $387.1 million for FY2024, which is 17.27% down from last year.
- According to the latest figures from Q3 2025, Mercantile Bank's Non-Current Debt is $346.2 million, which was down 2.81% from $356.2 million recorded in Q2 2025.
- Mercantile Bank's 5-year Non-Current Debt high stood at $467.9 million for Q2 2023, and its period low was $308.3 million during Q4 2022.
- Over the past 3 years, Mercantile Bank's median Non-Current Debt value was $417.1 million (recorded in 2024), while the average stood at $410.8 million.
- Per our database at Business Quant, Mercantile Bank's Non-Current Debt spiked by 51.79% in 2023 and then declined by 18.09% in 2025.
- Mercantile Bank's Non-Current Debt (Quarterly) stood at $374.0 million in 2021, then decreased by 17.58% to $308.3 million in 2022, then spiked by 51.79% to $467.9 million in 2023, then declined by 17.27% to $387.1 million in 2024, then fell by 16.99% to $346.2 million in 2025.
- Its Non-Current Debt stands at $346.2 million for Q3 2025, versus $356.2 million for Q2 2025 and $366.2 million for Q1 2025.