Mercantile Bank Corporation Total Liabilities

Latest as of June 2026: $6.06 Billion USD

Mercantile Bank Corporation total liabilities. 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. Check financial resilience of Mercantile Bank Corporation to evaluate the company's liquid asset resilience ratio.

Total Liabilities of Mercantile Bank Corporation (1998–2025)

Total liabilities of Mercantile Bank Corporation from 1998 to 2025. This chart illustrates how Mercantile Bank Corporation's total liabilities have evolved over time, based on quarterly financial data. Explore MBWM long-term investment intensity to see how much of total assets are deployed in long-term investments.

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
HannStar Board Corp
TW:5469
Taiwan NT$63.09 Billion
Jiangsu Evergreen New Material Technology Inc. Co. A
SHG:603125
China CN¥171.81 Million
Goldman Sachs BDC Inc
NYSE:GSBD
USA $1.93 Billion
Shanghai Chlor-Alkali Chemical Co Ltd A
SHG:600618
China CN¥4.72 Billion
Edan Instruments Inc
SHE:300206
China CN¥361.67 Million
Titagarh Rail Systems Limited
NSE:TITAGARH
India Rs12.61 Billion
Israel Canada
TA:ISCN
Israel ILA8.84 Billion
Glenveagh Properties PLC
IR:GVR
Ireland €510.35 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 complete balance sheet picture, see MBWM current and non-current assets.

Liquidity & Leverage Metrics

Mercantile Bank Corporation Total Liabilities Ratios Explained

Mercantile Bank Corporation total liabilities ratios compare its liabilities with its current assets, cash and shareholder equity.

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
$1.06 Billion
Market Cap Rank
#8581 Global
#2494 in USA
Share Price
$61.56
Change (1 day)
+1.99%
52-Week Range
$43.74 - $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