Mercantile Bank (MBWM) Short-term Investments (2013 - 2017)

Mercantile Bank has reported Short-term Investments for 5 years, with the latest figure at $341.9 million in Q4 2017.

• Short-term Investments for Q4 2017 came in at $341.9 million, up 1.6% year-over-year; the trailing twelve-month figure through Dec 2017 was $341.9 million (up 1.6% YoY), and the FY2017 annual result was $341.9 million, up 1.6% from the prior year.
• Short-term Investments rose to $341.9 million in Q4 2017, from $332.8 million in the prior quarter.
• Over five years, Short-term Investments peaked at $479.4 million in Q2 2014 and troughed at $139.5 million in Q4 2013.
• A 5-year average of $341.5 million and a median of $340.0 million in 2017 frame the typical range for Short-term Investments.
• The widest annual swing landed in 2014, when Short-term Investments jumped 210.13%; it then slipped 22.21% in 2015.
• A 5-year view of Short-term Investments shows it stood at $139.5 million in 2013, then jumped by 210.13% to $432.6 million in 2014, then declined by 20.3% to $344.8 million in 2015, then declined by 2.39% to $336.6 million in 2016, then increased by 1.6% to $341.9 million in 2017.
• Per Business Quant data, the three most recent Short-term Investments figures were $341.9 million in Q4 2017, $332.8 million in Q3 2017, and $323.5 million in Q2 2017.