Balance Sheet
Accounts PayablesAccumulated ExpensesAssetsCash & Current InvestmentsCash & EquivalentsCash Due from BankCommon EquityFed Funds SoldGoodwillGoodwill & IntangiblesInterest DepositsLiabilities and Shareholders EquityLoans - GrossLoans - Loss AllowanceLoans - NetNon-Current DebtOther Non-Current AssetsOther Non-Current LiabilitiesPayablesProperty, Plant & Equipment (Net)Retained EarningsSecurities - TradableShareholder's EquityShort-term InvestmentsTotal DebtTotal LiabilitiesTotal Non-Current LiabilitiesTreasury Shares
Cash Flow Statement
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Growth Metrics
Income Statement
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Ratios

Mercantile Bank (MBWM) Non-Current Debt: 2012-2024

Historic Non-Current Debt for Mercantile Bank (MBWM) over the last 11 years, with Dec 2024 value amounting to $387.1 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 FY2024, Mercantile Bank's Non-Current Debt is $387.1 million, which was down 17.27% from $467.9 million recorded in FY2023.
  • Mercantile Bank's 5-year Non-Current Debt high stood at $467.9 million for FY2023, and its period low was $308.3 million during FY2022.
  • For the 3-year period, Mercantile Bank's Non-Current Debt averaged around $387.8 million, with its median value being $387.1 million (2024).
  • Per our database at Business Quant, Mercantile Bank's Non-Current Debt declined by 17.58% in 2022 and then skyrocketed by 51.79% in 2023.
  • Yearly analysis of 5 years shows Mercantile Bank's Non-Current Debt stood at $394.0 million in 2020, then decreased by 5.08% to $374.0 million in 2021, then fell 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.