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MERCANTILE BANK CORP (MBWM) Stock Balance Sheet

USA - Nasdaq - NASDAQ:MBWM - US5873761044 - Common Stock

45.76 USD
+1.68 (+3.81%)
Last: 11/21/2025, 8:00:01 PM
45.76 USD
0 (0%)
After Hours: 11/21/2025, 8:00:01 PM

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 MRQ
(2025-9-30)		 2024
(2024-12-31)		 2023
(2023-12-31)		 2022
(2022-12-31)		 2021
(2021-12-31)
ASSETS
Current Assets
Cash Due From Banks
MBWM Cash Due From Banks ChartMBWM Cash Due From Banks over time chart
41.02M39.89M49.29M43.33M41.58M
Investments
MBWM Investments ChartMBWM Investments over time chart
1.33B1.12B738.46M677.67M1.56B
Net Loans
MBWM Net Loans ChartMBWM Net Loans over time chart
4.56B4.55B4.25B3.87B3.42B
 
Non-Current Assets
PPE Net
MBWM PPE Net ChartMBWM PPE Net over time chart
56.16M53.43M50.93M51.50M57.30M
Goodwill
MBWM Goodwill ChartMBWM Goodwill over time chart
49.47M49.47M49.47M49.50M49.50M
Intangibles
MBWM Intangibles ChartMBWM Intangibles over time chart
N/AN/AN/A600.00K1.40M
 
TOTAL ASSETS
MBWM TOTAL ASSETS ChartMBWM TOTAL ASSETS over time chart
6.31B6.05B5.35B4.87B5.26B
 
LIABILITIES
Total Deposits
MBWM Total Deposits ChartMBWM Total Deposits over time chart
4.81B4.70B3.90B3.71B4.08B
Current Liabilities
Short Term Borrowings
MBWM Short Term Borrowings ChartMBWM Short Term Borrowings over time chart
N/AN/AN/A194.34M197.50M
Short Term Debt
MBWM Short Term Debt ChartMBWM Short Term Debt over time chart
251.50M121.52M229.73M194.30M197.50M
Accrued Expenses
MBWM Accrued Expenses ChartMBWM Accrued Expenses over time chart
4.00M4.40M3.70M3.50MN/A
Accounts Payable
MBWM Accounts Payable ChartMBWM Accounts Payable over time chart
96.91M116.62M90.20M74.70M24.60M
Total Current Liabilities
MBWM Total Current Liabilities ChartMBWM Total Current Liabilities over time chart
352.41M242.54M323.64M272.50M222.10M
 
Non-Current Liabilities
Long Term Debt
MBWM Long Term Debt ChartMBWM Long Term Debt over time chart
140.41M139.64M138.62M137.60M121.90M
Total Non-Current Liabilities
MBWM Total Non-Current Liabilities ChartMBWM Total Non-Current Liabilities over time chart
5.30B5.23B4.51B4.16B4.58B
 
TOTAL LIABILITIES
MBWM TOTAL LIABILITIES ChartMBWM TOTAL LIABILITIES over time chart
5.65B5.47B4.83B4.43B4.80B
 
SHAREHOLDERS' EQUITY
Retained Earnings
MBWM Retained Earnings ChartMBWM Retained Earnings over time chart
382.68M334.65M277.53M216.30M174.50M
Common Shares
MBWM Common Shares ChartMBWM Common Shares over time chart
303.46M299.70M295.11M290.40M285.80M
Other Shareholders' Equity
MBWM Other Shareholders' Equity ChartMBWM Other Shareholders' Equity over time chart
N/AN/AN/AN/AN/A
Shares Outstanding
MBWM Shares Outstanding ChartMBWM Shares Outstanding over time chart
16.25M16.15M16.13M16.00M15.80M
Tangible Book Value per Share
MBWM Tangible Book Value per Share ChartMBWM Tangible Book Value per Share over time chart
37.4233.1429.3124.4625.68
Total Shareholders' Equity
MBWM Total Shareholders' Equity ChartMBWM Total Shareholders' Equity over time chart
657.63M584.53M522.14M441.40M456.60M
 
TOTAL LIABILITIES AND EQUITY
MBWM TOTAL LIABILITIES AND EQUITY ChartMBWM TOTAL LIABILITIES AND EQUITY over time chart
6.31B6.05B5.35B4.87B5.26B
 
Statistics
Debt/Equity
MBWM Debt/Equity ChartMBWM Debt/Equity over time chart
0.600.450.710.750.70
Return On Assets (ROA)
MBWM Return On Assets (ROA) ChartMBWM Return On Assets (ROA) over time chart
1.36%1.32%1.54%1.25%1.12%
Return On Equity (ROE)
MBWM Return On Equity (ROE) ChartMBWM Return On Equity (ROE) over time chart
13.01%13.62%15.75%13.84%12.92%

All data in USD , ROIC based on taxRate of 0.21

Charts

MBWM Balance Sheet Over Time ChartMBWM Balance Sheet Over Time: Assets, Equity, Liabilities and DebtBalance Sheet Over Time 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 MRQ LIABILITIES + EQUITY TOTAL ASSETS
MBWM Balance Sheet - Short Vs Long Term ChartMBWM Balance Sheet - Short Vs Long Term Assets and LiabilitiesBalance Sheet - Short Vs Long Term Short Term Long Term 1B 2B 3B 4B 5B