Mercantile Bank (MBWM) Payables: 2011-2025
Historic Payables for Mercantile Bank (MBWM) over the last 11 years, with Sep 2025 value amounting to $4.8 billion.
- Mercantile Bank's Payables rose 7.89% to $4.8 billion in Q3 2025 from the same period last year, while for Sep 2025 it was $18.9 billion, marking a year-over-year increase of 14.42%. This contributed to the annual value of $4.7 billion for FY2024, which is 20.44% up from last year.
- As of Q3 2025, Mercantile Bank's Payables stood at $4.8 billion, which was up 2.15% from $4.7 billion recorded in Q2 2025.
- Over the past 5 years, Mercantile Bank's Payables peaked at $4.8 billion during Q3 2025, and registered a low of $3.6 billion during Q1 2023.
- Its 3-year average for Payables is $4.2 billion, with a median of $4.2 billion in 2024.
- Per our database at Business Quant, Mercantile Bank's Payables skyrocketed by 37.78% in 2021 and then dropped by 9.55% in 2023.
- Quarterly analysis of 5 years shows Mercantile Bank's Payables stood at $4.1 billion in 2021, then decreased by 9.07% to $3.7 billion in 2022, then climbed by 5.07% to $3.9 billion in 2023, then increased by 20.44% to $4.7 billion in 2024, then rose by 7.89% to $4.8 billion in 2025.
- Its Payables stands at $4.8 billion for Q3 2025, versus $4.7 billion for Q2 2025 and $4.7 billion for Q1 2025.