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
Daily Values
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.
  • Mercantile Bank's 5-year Total Debt high stood at $467.9 million for Q2 2023, and its period low was $308.3 million during Q4 2022.
  • Over the past 5 years, Mercantile Bank's median Total Debt value was $387.1 million (recorded in 2024), while the average stood at $392.9 million.
  • Its Total Debt has fluctuated over the past 5 years, first surged by 5178.92% in 2023, 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 last three reported values are $346.2 million in Q3 2025, $356.2 million for Q2 2025, and $366.2 million during Q1 2025.