Mercantile Bank (MBWM) Total Debt (2016 - 2025)
Historic Total Debt for Mercantile Bank (MBWM) over the last 14 years, with Q3 2025 value amounting to $346.2 million.
- Mercantile Bank's Total Debt fell 1698.99% 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 1698.99%. This contributed to the annual value of $387.1 million for FY2024, which is 1727.4% down from last year.
- According to the latest figures from Q3 2025, Mercantile Bank's Total Debt is $346.2 million, which was down 1698.99% from $356.2 million recorded in Q2 2025.
- In the past 5 years, Mercantile Bank's Total Debt registered a high of $467.9 million during Q2 2023, and its lowest value of $308.3 million during Q4 2022.
- Its 5-year average for Total Debt is $392.9 million, with a median of $387.1 million in 2024.
- Its Total Debt has fluctuated over the past 5 years, first soared by 5178.92% in 2023, then crashed by 1808.66% in 2025.
- Over the past 5 years, Mercantile Bank's Total Debt (Quarter) stood at $374.0 million in 2021, then fell by 17.58% to $308.3 million in 2022, then skyrocketed by 51.79% to $467.9 million in 2023, then decreased by 17.27% to $387.1 million in 2024, then dropped by 10.56% to $346.2 million in 2025.
- Its last three reported values are $346.2 million in Q3 2025, $356.2 million for Q2 2025, and $366.2 million during Q1 2025.