Balance Sheet
Accounts PayablesAccumulated ExpensesAssetsCash & Current InvestmentsCash & EquivalentsCash Due from BankCommon EquityFed Funds SoldGoodwillGoodwill & IntangiblesIntangiblesInterest DepositsLiabilities and Shareholders EquityLoans - GrossLoans - Loss AllowanceLoans - NetNon-Current DebtOther Non-Current AssetsOther Non-Current LiabilitiesPayablesProperty, Plant & Equipment (Net)Receivables - AccuredRetained EarningsSecurities - TradableShareholder's EquityShares OutstandingShort-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)

Mercantile Bank's Total Debt history spans 10 years, with the latest figure at $89.7 million for Q4 2025.

  • For Q4 2025, Total Debt fell 26.22% year-over-year to $89.7 million; the TTM value through Dec 2025 reached $89.7 million, down 26.22%, while the annual FY2025 figure was $89.7 million, 26.22% down from the prior year.
  • Total Debt reached $89.7 million in Q4 2025 per MBWM's latest filing, down from $251.5 million in the prior quarter.
  • In the past five years, Total Debt ranged from a high of $467.9 million in Q4 2023 to a low of $49.1 million in Q1 2023.
  • Average Total Debt over 5 years is $222.6 million, with a median of $169.4 million recorded in 2021.
  • Peak YoY movement for Total Debt: soared 810.0% in 2024, then plummeted 88.7% in 2025.
  • A 5-year view of Total Debt shows it stood at $197.5 million in 2021, then soared by 56.11% to $308.3 million in 2022, then surged by 51.79% to $467.9 million in 2023, then plummeted by 74.03% to $121.5 million in 2024, then dropped by 26.22% to $89.7 million in 2025.
  • Per Business Quant, the three most recent readings for MBWM's Total Debt are $89.7 million (Q4 2025), $251.5 million (Q3 2025), and $356.2 million (Q2 2025).