Mercantile Bank Balance Sheet
NASDAQ: MBWMFinanceMajor BanksUSD
57.78-0.42 (-0.72%)
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Mercantile Bank financial position
At the end of fiscal 2025, Mercantile Bank reported total assets of $6.84 billion, up 12.9% from a year earlier against total liabilities of $6.11 billion. Shareholders' equity stood at $724.9 million, or 10.6% of assets. The company held $54.8 million in cash and equivalents.
Summary generated from market data by MetaCap's automated system. Methodology
Mercantile Bank balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 54.76M | 56.99M | 70.41M | 61.89M | 59.41M | 62.83M | 53.26M | 64.87M | 55.13M | 50.20M |
| Property, Plant & Equipment | 62.47M | 53.43M | 50.93M | 51.48M | 57.30M | 58.96M | 57.33M | 48.32M | 46.03M | 45.46M |
| Goodwill | 72.66M | 49.47M | 49.47M | 49.47M | 49.47M | 49.47M | 49.47M | 49.47M | 49.47M | 49.47M |
| Intangible Assets | 20.39M | 0 | — | 583.00K | 1.35M | 2.44M | 3.84M | 5.56M | 7.60M | 9.96M |
| Total Assets | 6.84B | 6.05B | 5.35B | 4.87B | 5.26B | 4.44B | 3.63B | 3.36B | 3.29B | 3.08B |
| Total Liabilities | 6.11B | 5.47B | 4.83B | 4.43B | 4.80B | 4.00B | 3.22B | 2.99B | 2.92B | 2.74B |
| Shareholders' Equity | 724.88M | 584.53M | 522.14M | 441.41M | 456.56M | 441.55M | 416.56M | 375.25M | 365.87M | 340.81M |
| Retained Earnings | 399.45M | 334.65M | 277.53M | 216.31M | 174.54M | 134.04M | 107.83M | 75.48M | 61.00M | 40.90M |
| Net Cash (Debt) | 54.76M | 56.99M | 70.41M | 61.89M | 59.41M | 62.83M | 53.26M | 64.87M | 55.13M | 50.20M |
| Shares Outstanding | 17.18M | 16.15M | 16.13M | 15.99M | 15.84M | 16.33M | 16.43M | 16.53M | 16.59M | 16.42M |
This table shows 10 annual periods of Mercantile Bank's balance sheet, from FY 2025 back to FY 2016, across 10 line items including cash & equivalents, property, plant & equipment, goodwill. Values in USD; B = billions, M = millions. Fiscal periods follow MBWM's reporting calendar. What is a balance sheet?