Mercantile Bank Corporation
MBWMNASDAQFinancial Services● Active
$53.38
+$0.35(+0.66%)
Market Cap$922106138
P/E Ratio—
52W High$55.77
52W Low$42.69
Mercantile Bank Corporation (MBWM) · Balance Sheet
Annual, quarterly, or TTM views · SEC 10-K & 10-Q via FMP · adjust period and M/B/T below.
FMP · MBWM · as of 2026-06-10
Financial statements
Total Assets · Total Liabilities · Equity
| Breakdown | 2025-12 | 2024-12 | 2023-12 | 2022-12 | 2021-12 |
|---|---|---|---|---|---|
| Assets | |||||
| Cash & ST Investments | $1.58B | $1.12B | $0.75B | $0.70B | $1.57B |
| Net Receivables | $0.00B | $0.00B | $0.00B | $0.00B | $0.00B |
| Inventory | $0.00B | $0.00B | $0.00B | $0.00B | $0.00B |
| Total Current Assets | $1.58B | $1.12B | $0.75B | $0.70B | $1.57B |
| PP&E Net | $0.06B | $0.05B | $0.05B | $0.05B | $0.06B |
| Goodwill | $0.07B | $0.05B | $0.05B | $0.05B | $0.05B |
| Intangible Assets | $0.02B | $0.00B | $0.01B | $0.00B | $0.00B |
| Total Assets | $6.84B | $6.05B | $5.35B | $4.87B | $5.26B |
| Liabilities | |||||
| Short-Term Debt | $0.23B | $0.12B | $0.23B | $0.19B | $0.20B |
| Accounts Payable | $0.00B | $0.00B | $0.00B | $0.08B | $0.02B |
| Total Current Liabilities | $5.52B | $4.82B | $4.13B | $3.99B | $4.31B |
| Long-Term Debt | $0.59B | $0.53B | $0.61B | $0.45B | $0.50B |
| Total Liabilities | $6.11B | $5.47B | $4.83B | $4.43B | $4.80B |
| Stockholders Equity | |||||
| Retained Earnings | $0.40B | $0.33B | $0.28B | $0.22B | $0.17B |
| Total Stockholders Equity | $0.72B | $0.58B | $0.52B | $0.44B | $0.46B |
| Total Liab & Equity(computed) | $6.84B | $6.05B | $5.35B | $4.87B | $5.26B |
| Debt Summary | |||||
| Total Debt | $0.83B | $0.65B | $0.84B | $0.64B | $0.69B |
| Net Debt | $0.35B | $0.26B | $0.71B | $0.54B | ($0.28B) |
Data source: Financial Modeling Prep · Last updated: 2026-06-10 · USD · B
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About Mercantile Bank Corporation (MBWM) Balance Sheet
Mercantile Bank Corporation (MBWM) balance sheet shows total assets of $6.84B with cash of $1.58B. Total liabilities are $6.11B, total debt $0.83B, and stockholders equity $0.72B.
Frequently asked questions
MBWM · 4 questionsMercantile Bank Corporation has total debt of $0.83B with net debt of $0.35B.
MBWM total debtnet debtdebt to equity
· Source: FMP /stable/balance-sheet-statement · SEC EDGAR Form 10-K & 10-Q · As of 2026-06-10