Mercantile Bank Corporation (MBWM) - Total Liabilities
Based on the latest financial reports, Mercantile Bank Corporation (MBWM) has total liabilities worth $6.21 Billion USD as of March 2026. 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. Also explore MBWM net assets growth trend to track the company's year-over-year net asset growth rate.
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. See MBWM free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
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 |
|---|---|---|
|
Panca Anugrah Wisesa Tbk PT
JK:MGLV
|
Indonesia | Rp57.27 Billion |
|
Sinostone Guangdong Co Ltd
SHE:001212
|
China | CN¥320.16 Million |
|
East China Engineering Science and Technology Co Ltd
SHE:002140
|
China | CN¥10.85 Billion |
|
GuangZhou BaiYun Elec Equip Co
SHG:603861
|
China | CN¥6.46 Billion |
|
Huafu Top Dyed Melange Yarn Co Ltd
SHE:002042
|
China | CN¥11.60 Billion |
|
BlackRock Credit Allocation Income Trust
NYSE:BTZ
|
USA | $711.43 Million |
|
Donnelley Financial Solutions Inc
NYSE:DFIN
|
USA | $464.10 Million |
|
Wavestone S.A.
PA:WAVE
|
France | €289.06 Million |
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. For the full company profile including market capitalisation, see Mercantile Bank Corporation (MBWM) market capitalisation.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 0.22 | 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 | 8.42 | 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 | -- |
About 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