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
Others
Ratios

Mercantile Bank (MBWM) Total Debt: 2011-2025

Historic Total Debt for Mercantile Bank (MBWM) over the last 11 years, with Sep 2025 value amounting to $346.2 million.

  • Mercantile Bank's Total Debt fell 16.99% 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 16.99%. This contributed to the annual value of $387.1 million for FY2024, which is 17.27% down from last year.
  • As of Q3 2025, Mercantile Bank's Total Debt stood at $346.2 million, which was down 2.81% from $356.2 million recorded in Q2 2025.
  • Mercantile Bank's Total Debt's 5-year high stood at $467.9 million during Q2 2023, with a 5-year trough of $308.3 million in Q4 2022.
  • For the 3-year period, Mercantile Bank's Total Debt averaged around $410.8 million, with its median value being $417.1 million (2024).
  • Its Total Debt has fluctuated over the past 5 years, first spiked by 51.79% in 2023, then fell by 18.09% in 2025.
  • Over the past 5 years, Mercantile Bank's Total Debt (Quarterly) stood at $374.0 million in 2021, then declined 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 fell by 16.99% 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.