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Mercantile Bank (MBWM) Other Non-Current Liabilities: 2012-2024

Historic Other Non-Current Liabilities for Mercantile Bank (MBWM) over the last 7 years, with Dec 2024 value amounting to $27.1 million.

  • Mercantile Bank's Other Non-Current Liabilities fell 15.67% to $25.5 million in Q3 2025 from the same period last year, while for Sep 2025 it was $25.5 million, marking a year-over-year decrease of 15.67%. This contributed to the annual value of $27.1 million for FY2024, which is 3.27% down from last year.
  • Latest data reveals that Mercantile Bank reported Other Non-Current Liabilities of $27.1 million as of FY2024, which was down 3.27% from $28.0 million recorded in FY2023.
  • In the past 5 years, Mercantile Bank's Other Non-Current Liabilities registered a high of $28.0 million during FY2023, and its lowest value of $1.0 million during FY2020.
  • Moreover, its 3-year median value for Other Non-Current Liabilities was $27.1 million (2024), whereas its average is $27.1 million.
  • In the last 5 years, Mercantile Bank's Other Non-Current Liabilities surged by 443.07% in 2022 and then dropped by 3.27% in 2024.
  • Yearly analysis of 5 years shows Mercantile Bank's Other Non-Current Liabilities stood at $1.0 million in 2020, then skyrocketed by 372.93% to $4.9 million in 2021, then soared by 443.07% to $26.4 million in 2022, then climbed by 6.02% to $28.0 million in 2023, then fell by 3.27% to $27.1 million in 2024.