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) 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.
  • Latest data reveals that Mercantile Bank reported Total Debt of $346.2 million as of Q3 2025, which was down 1698.99% from $356.2 million recorded in Q2 2025.
  • In the past 5 years, Mercantile Bank's Total Debt ranged from a high of $467.9 million in Q2 2023 and a low of $308.3 million during Q4 2022
  • For the 5-year period, Mercantile Bank's Total Debt averaged around $392.9 million, with its median value being $387.1 million (2024).
  • Per our database at Business Quant, Mercantile Bank's Total Debt surged by 5178.92% in 2023 and then tumbled by 1808.66% in 2025.
  • Quarter analysis of 5 years shows Mercantile Bank's Total Debt stood at $374.0 million in 2021, then decreased by 17.58% to $308.3 million in 2022, then soared by 51.79% to $467.9 million in 2023, then dropped by 17.27% to $387.1 million in 2024, then fell by 10.56% to $346.2 million in 2025.
  • Its Total Debt was $346.2 million in Q3 2025, compared to $356.2 million in Q2 2025 and $366.2 million in Q1 2025.