Mercantile Bank Corporation
Mercantile Bank Corporation operates as the bank holding company for Mercantile Bank that provides commercial and retail banking services to small- to medium-sized businesses and individuals in the United States. The company accepts various deposit products, such as checking, savings, and term certificate accounts; time deposits; and certificates of deposit. It also provides commercial and indust… Read more
Mercantile Bank Corporation (MBWM) - Total Liabilities
Latest total liabilities as of December 2025: $6.11 Billion USD
Based on the latest financial reports, Mercantile Bank Corporation (MBWM) has total liabilities worth $6.11 Billion USD as of December 2025.
Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities.
Mercantile Bank Corporation - Total Liabilities Trend (1998–2025)
This chart illustrates how Mercantile Bank Corporation's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
Mercantile Bank Corporation Competitors by Total Liabilities
The table below lists competitors of Mercantile Bank Corporation ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Rent-A-Center Inc
F:RAC
|
Germany | €2.52 Billion |
|
The Karnataka Bank Limited
NSE:KTKBANK
|
India | ₹1.06 Trillion |
|
VNDIRECT Securities Corp
VN:VND
|
Vietnam | ₫28.29 Trillion |
|
Asia Optical Co Inc
TW:3019
|
Taiwan | NT$10.22 Billion |
|
Xintec
TWO:3374
|
Taiwan | NT$5.45 Billion |
|
Yinbang Clad Material
SHE:300337
|
China | CN¥4.80 Billion |
|
BlueNord ASA
OL:BNOR
|
Norway | Nkr27.32 Billion |
|
Osotspa Public Company Limited
OTCGREY:OSOPF
|
USA | $7.68 Billion |
Liability Composition Analysis (1998–2025)
This chart breaks down Mercantile Bank Corporation's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 0.29 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 8.43 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.89 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Mercantile Bank Corporation's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Mercantile Bank Corporation (1998–2025)
The table below shows the annual total liabilities of Mercantile Bank Corporation from 1998 to 2025.
| Year | Total Liabilities | Change |
|---|---|---|
| 2025-12-31 | $6.11 Billion | +11.75% |
| 2024-12-31 | $5.47 Billion | +13.18% |
| 2023-12-31 | $4.83 Billion | +9.02% |
| 2022-12-31 | $4.43 Billion | -7.71% |
| 2021-12-31 | $4.80 Billion | +20.16% |
| 2020-12-31 | $4.00 Billion | +24.23% |
| 2019-12-31 | $3.22 Billion | +7.62% |
| 2018-12-31 | $2.99 Billion | +2.32% |
| 2017-12-31 | $2.92 Billion | +6.53% |
| 2016-12-31 | $2.74 Billion | +6.69% |
| 2015-12-31 | $2.57 Billion | +0.18% |
| 2014-12-31 | $2.57 Billion | +101.41% |
| 2013-12-31 | $1.27 Billion | -0.21% |
| 2012-12-31 | $1.28 Billion | +0.64% |
| 2011-12-31 | $1.27 Billion | -15.82% |
| 2010-12-31 | $1.51 Billion | -14.70% |
| 2009-12-31 | $1.77 Billion | -13.16% |
| 2008-12-31 | $2.03 Billion | +4.65% |
| 2007-12-31 | $1.94 Billion | +2.53% |
| 2006-12-31 | $1.90 Billion | +12.61% |
| 2005-12-31 | $1.68 Billion | +20.69% |
| 2004-12-31 | $1.39 Billion | +30.01% |
| 2003-12-31 | $1.07 Billion | +27.39% |
| 2002-12-31 | $842.02 Million | +34.25% |
| 2001-12-31 | $627.22 Million | +30.43% |
| 2000-12-31 | $480.89 Million | +41.44% |
| 1999-12-31 | $340.00 Million | +79.39% |
| 1998-12-31 | $189.54 Million | -- |