Mercantile Bank Corporati...

NASDAQ: MBWM · Real-Time Price · USD
46.21
-0.92 (-1.95%)
At close: Aug 15, 2025, 3:59 PM
46.29
0.17%
After-hours: Aug 15, 2025, 04:10 PM EDT

Mercantile Bank Balance Sheet Statement

Financials in USD. Fiscal year is January - December.
Fiscal Year FY 2024 FY 2023 FY 2022 FY 2021
Period Ending Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Cash & Equivalents
393.01M 130.53M 96.77M 975.16M
Short-Term Investments
730.35M 617.09M 602.94M 592.74M
Long-Term Investments
4.56B 4.27B 3.88B 3.43B
Other Long-Term Assets
263.75M 232.75M 194.02M 147.51M
Receivables
n/a n/a n/a n/a
Inventory
n/a n/a n/a n/a
Other Current Assets
n/a n/a n/a n/a
Total Current Assets
1.12B 747.63M 699.71M 1.57B
Property-Plant & Equipment
53.43M 50.93M 51.48M 57.3M
Goodwill & Intangibles
49.47M 49.47M 49.47M 50.82M
Total Long-Term Assets
4.93B 4.61B 4.17B 3.69B
Total Assets
6.05B 5.35B 4.87B 5.26B
Account Payables
n/a n/a 78.21M 24.64M
Deferred Revenue
n/a n/a n/a n/a
Short-Term Debt
121.52M 229.73M 194.34M 197.46M
Other Current Liabilities
4.7B 3.9B 3.71B 4.08B
Total Current Liabilities
4.82B 4.13B 3.99B 4.31B
Long-Term Debt
526.73M 606.52M 445.85M 495.89M
Other Long-Term Liabilities
121.02M 93.9M n/a n/a
Total Long-Term Liabilities
647.75M 700.43M 445.85M 495.89M
Total Liabilities
5.48B 4.83B 4.43B 4.8B
Total Debt
648.25M 836.26M 640.19M 693.35M
Common Stock
299.7M 295.11M 290.44M 285.75M
Retained Earnings
334.65M 277.53M 216.31M 174.54M
Comprehensive Income
-49.83M -50.49M -65.34M -3.73M
Shareholders Equity
584.53M 522.14M 441.41M 456.56M
Total Investments
5.29B 4.89B 4.48B 4.03B