Balance Sheet - MERCANTILE BANK CORP (MBWM)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | Dec-14 | Dec-13 | Dec-12 | Dec-11 | Dec-10 | Dec-09 | Dec-08 | Dec-07 | Dec-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total cash and short-term investments | 1,575.55 | 1,123.36 | 747.63 | 699.71 | 1,567.90 | 1,013.35 | 568.39 | 412.72 | 535.85 | 511.66 | 436.28 | 594.44 | 154.72 | 169.44 | 195.04 | 25.87 | 20.37 | 16.85 | 29.65 | 51.38 |
| Accounts receivable, net | 3,874.37 | 3.65 | 3.87 | 4.40 | 5.94 | 7.09 | 8.51 | 9.96 | 10.29 | |||||||||||
| Inventories | 0.70 | 0.45 | 0.81 | 2.26 | 0.47 | 1.29 | 1.57 | 0.00 | 0.00 | 0.00 | ||||||||||
| Other current assets | 150.23 | 112.25 | 984.47 | 637.57 | 244.13 | 2,510.47 | 2,312.01 | 2,137.97 | 2,011.31 | 1,752.12 | 0.10 | |||||||||
| Total current assets | 1,575.55 | 1,123.36 | 747.63 | 699.71 | 1,567.90 | 1,013.35 | 568.39 | 412.72 | 535.85 | 2,649.63 | 436.28 | 594.44 | 17.42 | 173.31 | 15.08 | 31.82 | 27.46 | 25.37 | 39.10 | 61.39 |
| Total non-current assets | 5,259.67 | 4,928.80 | 4,605.60 | 4,172.91 | 3,689.85 | 3,423.99 | 3,064.53 | 2,951.19 | 2,750.86 | 432.95 | 2,467.27 | 2,298.94 | 156.08 | 1,249.61 | 199.79 | 1,600.61 | 1,878.75 | 2,182.64 | 2,082.31 | 2,005.88 |
| Total assets | 6,835.22 | 6,052.16 | 5,353.22 | 4,872.62 | 5,257.75 | 4,437.34 | 3,632.92 | 3,363.91 | 3,286.70 | 3,082.57 | 2,903.56 | 2,893.38 | 1,426.97 | 1,422.93 | 1,433.23 | 1,632.42 | 1,906.21 | 2,208.01 | 2,121.40 | 2,067.27 |
| Total current liabilities | 5,516.74 | 4,819.89 | 4,130.65 | 3,985.36 | 4,305.30 | 3,554.23 | 2,815.47 | 2,592.46 | 2,655.32 | 15.23 | 2,446.60 | 2,456.75 | 65.94 | 1,208.35 | 80.14 | 1,279.71 | 1,411.47 | 1,711.12 | 1,726.25 | 1,742.18 |
| Total non-current liabilities | 593.59 | 647.75 | 700.43 | 445.85 | 495.89 | 441.56 | 400.88 | 396.20 | 265.52 | 219.84 | 123.15 | 108.49 | 77.99 | 67.99 | 79.42 | 226.77 | 354.64 | 322.52 | 217.00 | 153.18 |
| Total liabilities | 6,110.34 | 5,467.64 | 4,831.08 | 4,431.21 | 4,801.19 | 3,995.79 | 3,216.35 | 2,988.66 | 2,920.83 | 2,741.76 | 2,569.75 | 2,565.24 | 1,273.64 | 1,276.34 | 1,268.23 | 1,506.49 | 1,766.10 | 2,033.64 | 1,943.25 | 1,895.35 |
| Total stockholders' equity | 724.88 | 584.53 | 522.15 | 441.41 | 456.56 | 441.55 | 416.56 | 375.25 | 365.87 | 340.81 | 333.80 | 328.14 | 153.33 | 146.59 | 165.00 | 125.94 | 140.10 | 174.37 | 178.16 | 171.92 |
| Common shares outstanding | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 17 | 16 | 16 | 17 | 14 | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 9 |
Show Quarterly Balance Sheet
Balance Sheet - MERCANTILE BANK CORP (MBWM)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | Sep-15 | Jun-15 | Mar-15 | Dec-14 | Sep-14 | Jun-14 | Mar-14 | Dec-13 | Sep-13 | Jun-13 | Mar-13 | Dec-12 | Sep-12 | Jun-12 | Mar-12 | Dec-11 | Sep-11 | Jun-11 | Mar-11 | Dec-10 | Sep-10 | Jun-10 | Mar-10 | Dec-09 | Sep-09 | Jun-09 | Mar-09 | Dec-08 | Sep-08 | Jun-08 | Mar-08 | Dec-07 | Sep-07 | Jun-07 | Mar-07 | Dec-06 | Sep-06 | Jun-06 | Mar-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total cash and short-term investments | 1,173.86 | 1,575.55 | 1,068.66 | 867.19 | 918.94 | 1,123.36 | 1,031.92 | 845.54 | 846.38 | 747.63 | 858.29 | 816.77 | 677.91 | 699.71 | 867.01 | 1,082.74 | 1,375.87 | 1,567.90 | 1,384.93 | 1,265.66 | 1,086.60 | 1,013.35 | 867.02 | 778.89 | 548.87 | 568.39 | 574.07 | 498.35 | 552.77 | 412.72 | 406.55 | 456.88 | 548.15 | 535.85 | 507.14 | 423.87 | 385.42 | 511.66 | 467.17 | 430.44 | 444.99 | 436.28 | 460.87 | 502.03 | 552.12 | 594.44 | 576.16 | 582.16 | 173.22 | 154.72 | 163.43 | 153.03 | 165.20 | 169.44 | 135,685.98 | 127,619.99 | 150,004.99 | 195.04 | 173,162.52 | 199,808.49 | 20.82 | 25.87 | 25.33 | 25.99 | 22.08 | 20.37 | 16.25 | 2,575.60 | 30,049.16 | 16.85 | 112.69 | 174.63 | 568.90 | 29.65 | 563.30 | 299.19 | 320.10 | 51.38 | 39.10 | 47.14 | 38.25 |
| Accounts receivable, net | 4,007.12 | 3,922.65 | 3,874.37 | 3,841.84 | 3,687.83 | 3,520.64 | 37.88 | 7.71 | 3.86 | 3.65 | 3.78 | 3.66 | 3.90 | 3.87 | 3.94 | 3.90 | 4.43 | 4.40 | 4.89 | 5.01 | 5.89 | 5.94 | 6.14 | 6.28 | 7.06 | 7.09 | 8.07 | 7.73 | 8.60 | 8.51 | 9.04 | 8.32 | 9.13 | 9.96 | 11.14 | 9.97 | 11.00 | 10.29 | 10.44 | 9.05 | 9.37 | ||||||||||||||||||||||||||||||||||||||||
| Inventories | 0.05 | 0.66 | 0.66 | 0.11 | 0.40 | 0.37 | 0.70 | 0.51 | 0.20 | 0.27 | 0.45 | 0.24 | 0.45 | 0.40 | 0.81 | 0.95 | 0.84 | 1.86 | 2.55 | 4.11 | 1.87 | 1.93 | 1.04 | 3.34 | 2.88 | 0.54 | 1.32 | 4.33 | 2.40 | 3.43 | 1.57 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.50 | |||||||||||||||||||||||||||||||||||
| Other current assets | 328.55 | 218.60 | 259.11 | 150.23 | 285.65 | 225.42 | 76.02 | 112.25 | 298.00 | -389.94 | 780.86 | 984.47 | 835.46 | 2,876.08 | 3,082.52 | 2,925.78 | 3,128.50 | 3,116.13 | 2,684.32 | 2,619.23 | 2,682.48 | 2,623.94 | 2,556.44 | 2,510.47 | 2,463.41 | 2,397.41 | 2,305.95 | 2,312.01 | 2,314.19 | 2,293.03 | 2,196.42 | 2,137.97 | 2,166.07 | 2,139.79 | 2,029.91 | 2,011.31 | 1,943.01 | 1,889.03 | 1,798.70 | 1,752.12 | 1,679.20 | 1,697.06 | 0.10 | ||||||||||||||||||||||||||||||||||||||
| Total current assets | 48.43 | 1,575.55 | 1,068.66 | 867.19 | 918.94 | 1,123.36 | 1,031.92 | 845.54 | 846.38 | 747.63 | 858.29 | 816.77 | 677.91 | 699.71 | 867.01 | 1,082.74 | 1,375.87 | 1,567.90 | 1,384.93 | 1,265.66 | 1,086.60 | 1,013.35 | 867.02 | 778.89 | 548.87 | 568.39 | 574.07 | 498.35 | 552.77 | 412.72 | 406.55 | 456.88 | 548.15 | 535.85 | 507.14 | 423.87 | 385.42 | 511.66 | 467.17 | 430.44 | 444.99 | 436.28 | 460.87 | 502.03 | 552.12 | 594.44 | 614.04 | 589.87 | 177.08 | 17.42 | 167.21 | 156.69 | 169.10 | 173.31 | 29.92 | 32.89 | 28.41 | 15.08 | 33.41 | 28.50 | 26.71 | 31.82 | 31.47 | 32.27 | 29.14 | 27.46 | 24.32 | 23.33 | 25.75 | 25.37 | 34.74 | 45.95 | 41.04 | 39.10 | 40.44 | 58.16 | 63.10 | 61.39 | 49.54 | 56.19 | 47.62 |
| Total non-current assets | 6,896.60 | 5,259.67 | 5,239.83 | 5,313.80 | 5,222.26 | 4,928.80 | 4,885.21 | 4,756.85 | 4,619.57 | 4,605.60 | 4,392.72 | 4,320.82 | 4,217.96 | 4,172.91 | 4,149.92 | 3,975.81 | 3,800.03 | 3,689.85 | 3,579.49 | 3,491.76 | 3,623.75 | 3,423.99 | 3,553.60 | 3,535.49 | 3,108.52 | 3,064.53 | 3,136.31 | 3,077.79 | 2,998.98 | 2,951.19 | 2,893.56 | 2,831.64 | 2,745.76 | 2,750.86 | 2,747.51 | 2,719.47 | 2,633.50 | 2,570.92 | 2,596.79 | 2,569.50 | 2,481.07 | 2,467.27 | 2,420.51 | 2,373.91 | 2,325.07 | 2,298.94 | 2,249.07 | 2,289.42 | 1,236.44 | 1,268.31 | 1,254.80 | 1,187.06 | 1,216.26 | 1,249.61 | 1,358.44 | 1,352.36 | 1,373.18 | 1,428.41 | 1,444.58 | 1,509.38 | 1,550.23 | 1,600.61 | 1,781.91 | 1,771.79 | 1,873.79 | 1,878.75 | 1,993.03 | 2,048.04 | 2,214.01 | 2,182.64 | 2,172.62 | 2,117.41 | 2,074.91 | 2,082.31 | 2,065.99 | 2,045.36 | 2,026.48 | 2,005.88 | 1,977.30 | 1,913.24 | 1,849.35 |
| Total assets | 6,945.04 | 6,835.22 | 6,308.49 | 6,180.99 | 6,141.20 | 6,052.16 | 5,917.13 | 5,602.39 | 5,465.95 | 5,360.06 | 5,251.01 | 5,137.59 | 4,895.87 | 4,872.62 | 5,016.93 | 5,058.56 | 5,175.90 | 5,257.75 | 4,964.41 | 4,757.41 | 4,710.35 | 4,437.34 | 4,420.61 | 4,314.38 | 3,657.39 | 3,632.92 | 3,710.38 | 3,576.14 | 3,551.75 | 3,363.91 | 3,300.11 | 3,288.52 | 3,293.90 | 3,286.70 | 3,254.66 | 3,143.34 | 3,018.92 | 3,082.57 | 3,063.96 | 2,999.94 | 2,926.06 | 2,903.56 | 2,881.38 | 2,875.94 | 2,877.18 | 2,893.38 | 2,863.10 | 2,879.28 | 1,413.52 | 1,426.97 | 1,422.00 | 1,343.75 | 1,385.36 | 1,422.93 | 1,388.36 | 1,385.25 | 1,401.60 | 1,433.23 | 1,477.99 | 1,537.87 | 1,576.94 | 1,632.42 | 1,813.38 | 1,804.06 | 1,902.92 | 1,906.21 | 2,017.35 | 2,071.37 | 2,239.76 | 2,208.01 | 2,207.36 | 2,163.35 | 2,115.95 | 2,121.40 | 2,106.43 | 2,103.52 | 2,089.58 | 2,067.27 | 2,026.83 | 1,969.43 | 1,896.97 |
| Total current liabilities | 219.51 | 5,516.74 | 5,144.21 | 5,044.16 | 4,983.89 | 4,819.89 | 4,676.83 | 4,368.47 | 4,236.43 | 4,130.65 | 4,171.53 | 4,052.87 | 3,912.75 | 3,985.36 | 4,125.08 | 4,130.27 | 4,220.32 | 4,305.30 | 4,070.06 | 3,863.62 | 3,810.10 | 3,554.23 | 3,547.32 | 3,447.94 | 2,797.95 | 2,815.47 | 2,892.47 | 2,755.48 | 2,737.66 | 2,592.46 | 2,634.61 | 2,637.74 | 2,659.87 | 2,655.32 | 2,626.76 | 2,495.66 | 2,420.86 | 2,521.93 | 2,491.83 | 2,432.87 | 2,445.18 | 2,446.60 | 2,429.57 | 2,444.16 | 2,441.74 | 2,456.75 | 2,430.78 | 2,437.62 | 1,177.84 | 65.94 | 1,194.18 | 1,124.82 | 1,167.67 | 1,208.35 | 1,114.35 | 1,113.34 | 1,097.67 | 80.14 | 1,192.21 | 1,256.04 | 1,340.40 | 1,279.71 | 1,473.83 | 1,455.19 | 1,524.88 | 1,411.47 | 1,565.20 | 1,604.84 | 1,760.60 | 1,711.12 | 1,681.70 | 1,866.11 | 1,821.39 | 1,726.25 | 1,732.97 | 1,733.10 | 1,764.20 | 1,742.18 | 1,688.81 | 1,753.74 | 1,686.78 |
| Total non-current liabilities | 5,988.58 | 593.59 | 506.65 | 505.31 | 548.97 | 647.75 | 656.98 | 682.77 | 692.88 | 700.43 | 596.27 | 606.01 | 515.75 | 445.85 | 475.59 | 499.31 | 519.11 | 495.89 | 442.07 | 441.90 | 459.01 | 441.56 | 441.39 | 441.22 | 441.05 | 400.88 | 410.71 | 420.54 | 430.37 | 396.20 | 286.03 | 275.86 | 265.69 | 265.52 | 265.35 | 290.18 | 250.01 | 219.84 | 222.67 | 222.49 | 142.32 | 123.15 | 122.98 | 102.81 | 102.65 | 108.49 | 111.33 | 125.52 | 77.99 | 77.99 | 77.99 | 67.99 | 67.99 | 67.99 | 129.45 | 122.24 | 136.84 | 79.42 | 149.04 | 150.92 | 109.72 | 226.77 | 204.82 | 209.83 | 239.82 | 354.64 | 274.86 | 284.84 | 309.82 | 322.52 | 354.31 | 129.54 | 120.26 | 217.00 | 195.74 | 195.89 | 149.90 | 153.18 | 170.47 | 54.03 | 51.29 |
| Total liabilities | 6,208.09 | 6,110.34 | 5,650.86 | 5,549.47 | 5,532.85 | 5,467.64 | 5,333.82 | 5,051.24 | 4,929.31 | 4,837.91 | 4,767.80 | 4,658.89 | 4,428.50 | 4,431.21 | 4,600.67 | 4,629.57 | 4,739.43 | 4,801.19 | 4,512.13 | 4,305.53 | 4,269.11 | 3,995.79 | 3,988.71 | 3,889.16 | 3,239.00 | 3,216.35 | 3,303.18 | 3,176.02 | 3,168.03 | 2,988.66 | 2,920.64 | 2,913.60 | 2,925.56 | 2,920.83 | 2,892.11 | 2,785.84 | 2,670.87 | 2,741.76 | 2,714.49 | 2,655.36 | 2,587.50 | 2,569.75 | 2,552.56 | 2,546.97 | 2,544.40 | 2,565.24 | 2,542.11 | 2,563.14 | 1,255.83 | 1,273.64 | 1,272.17 | 1,192.81 | 1,235.66 | 1,276.34 | 1,243.81 | 1,235.58 | 1,234.51 | 1,268.23 | 1,341.25 | 1,406.96 | 1,450.12 | 1,506.49 | 1,678.65 | 1,665.02 | 1,764.70 | 1,766.10 | 1,840.06 | 1,889.68 | 2,070.42 | 2,033.64 | 2,036.01 | 1,995.64 | 1,941.65 | 1,943.25 | 1,928.70 | 1,928.99 | 1,914.10 | 1,895.35 | 1,859.29 | 1,807.77 | 1,738.06 |
| Total stockholders' equity | 736.95 | 724.88 | 657.63 | 631.52 | 608.35 | 584.53 | 583.31 | 551.15 | 536.64 | 522.15 | 483.21 | 478.70 | 467.37 | 441.41 | 416.26 | 428.98 | 436.47 | 456.56 | 452.28 | 451.89 | 441.24 | 441.55 | 431.90 | 425.22 | 418.39 | 416.56 | 407.20 | 400.12 | 383.73 | 375.25 | 379.47 | 374.92 | 368.34 | 365.87 | 362.55 | 357.50 | 348.05 | 340.81 | 349.47 | 344.58 | 338.55 | 333.80 | 328.82 | 328.97 | 332.79 | 328.14 | 320.99 | 316.14 | 157.69 | 153.33 | 149.83 | 150.94 | 149.69 | 146.59 | 144.56 | 149.66 | 167.08 | 165.00 | 136.73 | 130.92 | 126.81 | 125.94 | 134.73 | 139.04 | 138.22 | 140.10 | 177.29 | 181.69 | 169.35 | 174.37 | 171.35 | 167.71 | 174.30 | 178.16 | 177.72 | 174.53 | 175.48 | 171.92 | 167.55 | 161.66 | 158.91 |
| Common shares outstanding | 17 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 17 | 17 | 17 | 17 | 17 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 17 | 17 | 17 | 17 | 11 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 8 | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 9 | 9 |