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Mercantile Bank (MBWM) Total Liabilities: 2012-2024

Historic Total Liabilities for Mercantile Bank (MBWM) over the last 11 years, with Dec 2024 value amounting to $5.5 billion.

  • Mercantile Bank's Total Liabilities rose 5.94% to $5.7 billion in Q3 2025 from the same period last year, while for Sep 2025 it was $5.7 billion, marking a year-over-year increase of 5.94%. This contributed to the annual value of $5.5 billion for FY2024, which is 13.18% up from last year.
  • Latest data reveals that Mercantile Bank reported Total Liabilities of $5.5 billion as of FY2024, which was up 13.18% from $4.8 billion recorded in FY2023.
  • Mercantile Bank's Total Liabilities' 5-year high stood at $5.5 billion during FY2024, with a 5-year trough of $4.0 billion in FY2020.
  • Moreover, its 3-year median value for Total Liabilities was $4.8 billion (2023), whereas its average is $4.9 billion.
  • Its Total Liabilities has fluctuated over the past 5 years, first climbed by 24.23% in 2020, then declined by 7.71% in 2022.
  • Yearly analysis of 5 years shows Mercantile Bank's Total Liabilities stood at $4.0 billion in 2020, then grew by 20.16% to $4.8 billion in 2021, then fell by 7.71% to $4.4 billion in 2022, then grew by 9.02% to $4.8 billion in 2023, then increased by 13.18% to $5.5 billion in 2024.