Mercantile Bank Corporation (MBWM) - Total Liabilities

Latest as of June 2026: $6.06 Billion USD

Based on the latest financial reports, Mercantile Bank Corporation (MBWM) has total liabilities worth $6.06 Billion USD as of June 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. Explore how much of Mercantile Bank Corporation's assets are long-term investments to see how much of total assets are deployed in long-term investments.

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. For the complete balance sheet picture, see Mercantile Bank Corporation assets under control.

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
HTC Corp
TW:2498
Taiwan NT$11.55 Billion
ARIZONA SONORAN COPPER
F:H6F
Germany €131.73 Million
Telia Lietuva AB
F:ZWS
Germany €229.43 Million
Beijing Kingee Culture Development Co Ltd
SHE:002721
China CN¥244.97 Million
ZEAL Network SE
XETRA:TIMA
Germany €212.18 Million
Prosegur Cash S.A
MC:CASH
Spain €2.28 Billion
Allied Properties Real Estate Investment Trust
TO:AP-UN
Canada CA$4.63 Billion
AMC Entertainment Holdings Inc
NYSE:AMC
USA $9.61 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. See MBWM equity financing ratio to measure how much of total assets are equity-financed.

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 8.03 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

NASDAQ:MBWM USA Banks - Regional
Market Cap
$1.05 Billion
Market Cap Rank
#8695 Global
#2494 in USA
Share Price
$60.55
Change (1 day)
-1.98%
52-Week Range
$43.14 - $62.14
All Time High
$62.14
About

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