Mercantile Bank Corporation (MBWM)

USD 38.97

(-2.18%)

Net Debt Summary of Mercantile Bank Corporation

  • Mercantile Bank Corporation's latest annual net debt in 2023 was 709.41 Million USD , up 103.23% from previous year.
  • Mercantile Bank Corporation's latest quarterly net debt in 2024 Q3 was 689.63 Million USD , down -61.72% from previous quarter.
  • Mercantile Bank Corporation reported annual net debt of 349.07 Million USD in 2022, up 172.84% from previous year.
  • Mercantile Bank Corporation reported annual net debt of -479.27 Million USD in 2021, down -159.85% from previous year.
  • Mercantile Bank Corporation reported quarterly net debt of 582.01 Million USD for 2024 Q1, down -17.96% from previous quarter.
  • Mercantile Bank Corporation reported quarterly net debt of 689.63 Million USD for 2024 Q3, down -61.72% from previous quarter.

Annual Net Debt Chart of Mercantile Bank Corporation (2023 - 1998)

Historical Annual Net Debt of Mercantile Bank Corporation (2023 - 1998)

Year Net Debt Net Debt Growth
2023 709.41 Million USD 103.23%
2022 349.07 Million USD 172.84%
2021 -479.27 Million USD -159.85%
2020 -184.44 Million USD -210.35%
2019 167.15 Million USD -47.9%
2018 320.84 Million USD 390.47%
2017 65.41 Million USD 80.51%
2016 36.23 Million USD 7.02%
2015 33.86 Million USD 163.85%
2014 -53.03 Million USD -197.4%
2013 54.45 Million USD 42.14%
2012 38.31 Million USD -33.24%
2011 57.38 Million USD -44.36%
2010 103.12 Million USD -56.3%
2009 235.98 Million USD -22.82%
2008 305.76 Million USD 3787.65%
2007 7.86 Million USD -90.19%
2006 80.2 Million USD -37.89%
2005 129.12 Million USD -3.59%
2004 133.93 Million USD 47.5%
2003 90.8 Million USD 1260.0%
2002 -7.82 Million USD -610.63%
2001 1.53 Million USD -64.87%
2000 4.36 Million USD 89.73%
1999 2.3 Million USD -78.19%
1998 10.54 Million USD 0.0%

Peer Net Debt Comparison of Mercantile Bank Corporation

Name Net Debt Net Debt Difference
Amerant Bancorp Inc. 625.3 Million USD -13.452%
BayCom Corp 68.05 Million USD -942.465%
Burke & Herbert Bank & Trust Company 236.66 Million USD -199.751%
Brookline Bancorp, Inc. 1.27 Billion USD 44.387%
Capital Bancorp, Inc. -704 Thousand USD 100869.602%
The First Bancshares, Inc. 166.52 Million USD -326.005%
First Community Corporation 76.55 Million USD -826.641%
First Guaranty Bancshares, Inc. -10.71 Million USD 6718.94%
First Interstate BancSystem, Inc. 3.09 Billion USD 77.054%
FinWise Bancorp -110.48 Million USD 742.071%
Fifth Third Bancorp 16.89 Billion USD 95.801%
Farmers & Merchants Bancorp, Inc. 190.93 Million USD -271.557%
First United Corporation 108.15 Million USD -555.957%
Hope Bancorp, Inc. -24.97 Million USD 2940.854%
MainStreet Bancshares, Inc. 40.96 Million USD -1631.851%
Landmark Bancorp, Inc. 67 Million USD -958.706%
LCNB Corp. 177.05 Million USD -300.674%
Medallion Bank -109.19 Million USD 749.686%
MidWestOne Financial Group, Inc. 341.84 Million USD -107.527%
Northrim BanCorp, Inc. -85.45 Million USD 930.185%
Northwest Bancshares, Inc. 585.12 Million USD -21.243%
Old National Bancorp 4.9 Billion USD 85.523%
OP Bancorp 23.12 Million USD -2967.754%
Pioneer Bancorp, Inc. -150.79 Million USD 570.449%
Peoples Bancorp Inc. 402.72 Million USD -76.157%
Peoples Financial Services Corp. 43.88 Million USD -1516.539%
Flushing Financial Corporation 757.89 Million USD 6.396%
Pinnacle Financial Partners, Inc. 936.21 Million USD 24.224%
Pinnacle Financial Partners, Inc. 936.21 Million USD 24.224%
FS Bancorp, Inc. 60.26 Million USD -1077.203%
Republic Bancorp, Inc. 196.59 Million USD -260.862%
Richmond Mutual Bancorporation, Inc. 251.26 Million USD -182.336%
Renasant Corporation -71.95 Million USD 1085.974%
Red River Bancshares, Inc. -301.65 Million USD 335.172%
Riverview Bancorp, Inc. 100.29 Million USD -607.353%
Shore Bancshares, Inc. -287.25 Million USD 346.961%
Southern Missouri Bancorp, Inc. 186.6 Million USD -280.179%
Territorial Bancorp Inc. 192.63 Million USD -268.265%
Texas Capital Bancshares, Inc. -883.7 Million USD 180.278%
TFS Financial Corporation 4.79 Billion USD 85.198%
First Financial Corporation 99.03 Million USD -616.302%
United Security Bancshares 33.86 Million USD -1994.779%
USCB Financial Holdings, Inc. 153.36 Million USD -362.58%
Valley National Bancorp 2.81 Billion USD 74.806%
William Penn Bancorporation 37.84 Million USD -1774.585%
WesBanco, Inc. 1.13 Billion USD 37.748%
Waterstone Financial, Inc. 580.12 Million USD -22.287%
WSFS Financial Corporation -197.82 Million USD 458.611%
Wintrust Financial Corporation 1.15 Billion USD 38.61%
Zions Bancorporation, National Association 2.53 Billion USD 72.037%
Auburn National Bancorporation, Inc. -37.96 Million USD 1968.758%
Merchants Bancorp 390.95 Million USD -81.457%
Cullman Bancorp, Inc. 30.61 Million USD -2217.299%
Columbia Banking System, Inc. 2.59 Billion USD 72.657%
Fidelity D & D Bancorp, Inc. 22.17 Million USD -3099.468%
First Guaranty Bancshares, Inc. -10.71 Million USD 6718.94%
Heritage Financial Corporation 296.79 Million USD -139.029%
Merchants Bancorp 390.95 Million USD -81.457%
Mid Penn Bancorp, Inc. 276.06 Million USD -156.977%
NBT Bancorp Inc. 460.42 Million USD -54.079%
Southern California Bancorp 81.97 Million USD -765.418%
Civista Bancshares, Inc. 394.19 Million USD -79.966%
Simmons First National Corporation 792.28 Million USD 10.459%
HomeStreet, Inc. 1.78 Billion USD 60.349%
MVB Financial Corp. -299.04 Million USD 337.225%
CrossFirst Bankshares, Inc. -133.46 Million USD 631.555%
First Mid Bancshares, Inc. 487.38 Million USD -45.556%
Veritex Holdings, Inc. -299.28 Million USD 337.042%
Independent Bank Corp. 1.05 Billion USD 32.457%
Kearny Financial Corp. 1.66 Billion USD 57.296%
HarborOne Bancorp, Inc. 365.63 Million USD -94.024%
NB Bancorp, Inc. Common Stock 192.85 Million USD -267.854%
OptimumBank Holdings, Inc. 1.18 Million USD -59766.498%
Univest Financial Corporation 250.11 Million USD -183.632%
Bank OZK -874.79 Million USD 181.095%
OceanFirst Financial Corp. 984.54 Million USD 27.944%
The Bank of Princeton -10.25 Million USD 7019.801%
Provident Bancorp, Inc. -111.46 Million USD 736.455%
Premier Financial Corp. 264.39 Million USD -168.315%
Citizens Financial Services, Inc. 276.33 Million USD -156.723%
Oconee Federal Financial Corp. 55.95 Million USD -1167.95%
First Financial Northwest, Inc. 97.27 Million USD -629.276%
ESSA Bancorp, Inc. 290 Million USD -144.627%
First Western Financial, Inc. -65.49 Million USD 1183.23%
Triumph Financial, Inc. 118.78 Million USD -497.239%
QCR Holdings, Inc. 520.35 Million USD -36.335%
ChoiceOne Financial Services, Inc. 180.78 Million USD -292.414%
Blue Foundry Bancorp 378.25 Million USD -87.552%
Huntington Bancshares Incorporated 2.07 Billion USD 65.778%
First Bank 29.82 Million USD -2278.682%
Five Star Bancorp -78.08 Million USD 1008.555%
Financial Institutions, Inc. 218.87 Million USD -224.116%
CF Bankshares Inc. -131.43 Million USD 639.74%
United Bankshares, Inc. 480.31 Million USD -47.7%
Capital City Bank Group, Inc. 32.81 Million USD -2061.805%
RBB Bancorp -116.69 Million USD 707.915%
Southern States Bancshares, Inc. 29.66 Million USD -2291.673%
Northeast Bank 123.28 Million USD -475.434%
Hawthorn Bancshares, Inc. 64.24 Million USD -1004.17%
SmartFinancial, Inc. -244.72 Million USD 389.885%
AmeriServ Financial, Inc. 101.52 Million USD -598.734%
FFBW, Inc. -5.06 Million USD 14097.987%
Sandy Spring Bancorp, Inc. 750.18 Million USD 5.434%
Citizens & Northern Corporation 158.45 Million USD -347.721%
Preferred Bank -722.85 Million USD 198.141%
Primis Financial Corp. 68.43 Million USD -936.63%
Union Bankshares, Inc. 65.42 Million USD -984.389%
CNB Financial Corporation -117.15 Million USD 705.517%
Sound Financial Bancorp, Inc. 6.84 Million USD -10259.492%
Fulton Financial Corporation 2.05 Billion USD 65.402%
Generations Bancorp NY, Inc. 4.69 Million USD -15026.183%
Ames National Corporation 100.57 Million USD -605.348%
United Bancorp, Inc. 87.56 Million USD -710.189%
SB Financial Group, Inc. 102.43 Million USD -592.527%
Wintrust Financial Corporation 1.15 Billion USD 38.61%
Hanmi Financial Corporation 199.09 Million USD -256.33%
Commerce Bancshares, Inc. 228.06 Million USD -211.064%
BOK Financial Corporation 6.47 Billion USD 89.04%
Southern First Bancshares, Inc. 299.14 Million USD -137.149%
Middlefield Banc Corp. 119.03 Million USD -495.994%
Eagle Bancorp Montana, Inc. 211.69 Million USD -235.121%
Coastal Financial Corporation -429.27 Million USD 265.261%
Glen Burnie Bancorp 14.97 Million USD -4636.4%
Northfield Bancorp, Inc. (Staten Island, NY) 726.19 Million USD 2.31%
CNB Financial Corporation -117.15 Million USD 705.517%
Investar Holding Corporation 268.03 Million USD -164.674%
West Bancorporation, Inc. 530.68 Million USD -33.68%
Plumas Bancorp 30.4 Million USD -2233.612%
Eagle Bancorp, Inc. 704.79 Million USD -0.655%
SR Bancorp, Inc. Common stock -43.5 Million USD 1730.621%
Columbia Financial, Inc. 1.12 Billion USD 36.771%
First Community Bankshares, Inc. -77.36 Million USD 1016.928%
Pathfinder Bancorp, Inc. 162.87 Million USD -335.565%
Popular, Inc. -6.18 Billion USD 111.464%
TowneBank -635.77 Million USD 211.583%
Arrow Financial Corporation -85.81 Million USD 926.654%
Colony Bankcorp, Inc. 214.93 Million USD -230.062%
Trustmark Corporation 140.35 Million USD -405.449%
Wintrust Financial Corporation 1.15 Billion USD 38.61%
Finward Bancorp 32.53 Million USD -2080.476%
Provident Financial Holdings, Inc. 187.12 Million USD -279.117%
Eastern Bankshares, Inc. -644.86 Million USD 210.011%
Esquire Financial Holdings, Inc. -163.02 Million USD 535.156%
Bank First Corporation -118.74 Million USD 697.435%
Peapack-Gladstone Financial Corporation 365.72 Million USD -93.977%
Camden National Corporation 444.56 Million USD -59.577%
Stock Yards Bancorp, Inc. 320.6 Million USD -121.275%
BCB Bancorp, Inc. 243.49 Million USD -191.352%
Oak Valley Bancorp -180.06 Million USD 493.972%
Summit State Bank -50.87 Million USD 1494.433%
MainStreet Bancshares, Inc. 40.96 Million USD -1631.851%
C&F Financial Corporation 37.25 Million USD -1804.12%
Valley National Bancorp 2.81 Billion USD 74.806%
SHF Holdings, Inc. 10.19 Million USD -6859.401%
Bridgewater Bancshares, Inc. 285.94 Million USD -148.093%
Westamerica Bancorporation -113.33 Million USD 725.931%
Chemung Financial Corporation 3.95 Million USD -17859.949%
Hancock Whitney Corporation 328.91 Million USD -115.684%
Fifth Third Bancorp 16.89 Billion USD 95.801%
Sierra Bancorp 495.92 Million USD -43.048%
ACNB Corporation 188.83 Million USD -275.689%
City Holding Company 278.58 Million USD -154.655%
Rhinebeck Bancorp, Inc. 124.92 Million USD -467.893%
Enterprise Financial Services Corp -249.38 Million USD 384.466%
PB Bankshares, Inc. 36.84 Million USD -1825.255%
Ponce Financial Group, Inc. 577.66 Million USD -22.808%
Guaranty Bancshares, Inc. 137.33 Million USD -416.556%
Broadway Financial Corporation 292.26 Million USD -142.732%
Lake Shore Bancorp, Inc. -17.76 Million USD 4093.796%
Affinity Bancshares, Inc. -10.02 Million USD 7176.489%
Business First Bancshares, Inc. 430.12 Million USD -64.932%
Amalgamated Financial Corp. 245 Million USD -189.555%
German American Bancorp, Inc. 119.96 Million USD -491.334%
Citizens Community Bancorp, Inc. 111.54 Million USD -536.004%
Meridian Corporation 177.03 Million USD -300.722%
Capitol Federal Financial, Inc. 2.17 Billion USD 67.451%
Old Second Bancorp, Inc. 416.48 Million USD -70.337%
First National Corporation -22.55 Million USD 3245.28%
Huntington Bancshares Incorporated 2.07 Billion USD 65.778%
Western New England Bancorp, Inc. 139.08 Million USD -410.079%
Hingham Institution for Savings 1.33 Billion USD 46.693%
CFSB Bancorp, Inc. -15.73 Million USD 4609.395%
Old National Bancorp 4.9 Billion USD 85.523%
Bank7 Corp. -196.73 Million USD 460.599%
Carver Bancorp, Inc. -1.87 Million USD 37976.028%
Fifth Third Bancorp 16.89 Billion USD 95.801%
Bank OZK -874.79 Million USD 181.095%
Hanover Bancorp, Inc. 22.74 Million USD -3019.006%
OceanFirst Financial Corp. 984.54 Million USD 27.944%
Fulton Financial Corporation 2.05 Billion USD 65.402%
Equity Bancshares, Inc. -26.36 Million USD 2790.451%
Ameris Bancorp -468.88 Million USD 251.3%
Pathward Financial, Inc. 410.35 Million USD -72.88%
Independent Bank Group, Inc. -45.79 Million USD 1648.981%
Bank of Marin Bancorp 18.75 Million USD -3683.361%
Carter Bankshares, Inc. 338.87 Million USD -109.348%
First Citizens BancShares, Inc. 4.01 Billion USD 82.344%
1st Source Corporation 341.56 Million USD -107.699%
BancFirst Corporation -2.3 Billion USD 130.815%
Huntington Bancshares Incorporated 2.07 Billion USD 65.778%
South Plains Financial, Inc. -210.36 Million USD 437.24%
Old National Bancorp 4.9 Billion USD 85.523%
Independent Bank Corporation -35.4 Million USD 2103.836%
S&T Bancorp, Inc. 318.72 Million USD -122.577%
PCB Bancorp -183.2 Million USD 487.226%
Parke Bancorp, Inc. -9.81 Million USD 7331.58%
Bogota Financial Corp. 142.76 Million USD -396.93%
Pacific Premier Bancorp, Inc. 41.48 Million USD -1609.894%
Catalyst Bancorp, Inc. 367 Thousand USD -193201.907%
SHF Holdings, Inc. 10.19 Million USD -6859.401%
BayFirst Financial Corp. -42.07 Million USD 1786.12%
Patriot National Bancorp, Inc. 150.33 Million USD -371.901%
MetroCity Bankshares, Inc. 191.49 Million USD -270.455%
First Capital, Inc. -5.57 Million USD 12822.704%
Peoples Bancorp of North Carolina, Inc. 24.63 Million USD -2779.599%
Mid-Southern Bancorp, Inc. 29.27 Million USD -2323.372%
Texas Capital Bancshares, Inc. -883.7 Million USD 180.278%
Orrstown Financial Services, Inc. 125.83 Million USD -463.786%
First Hawaiian, Inc. -1.17 Billion USD 160.321%
First Merchants Corporation 502.38 Million USD -41.211%
Signature Bank 6.18 Billion USD 88.525%
Enterprise Bancorp, Inc. 53.11 Million USD -1235.626%
TriCo Bancshares 663.24 Million USD -6.962%
First Business Financial Services, Inc. 191.4 Million USD -270.635%
Zions Bancorporation, National Association 2.53 Billion USD 72.037%
Midland States Bancorp, Inc. 530.15 Million USD -33.815%
First Financial Bankshares, Inc. -132.51 Million USD 635.369%
Merchants Bancorp 390.95 Million USD -81.457%
Tectonic Financial, Inc. -25.76 Million USD 2853.204%
First US Bancshares, Inc. -27.42 Million USD 2686.757%
The Bancorp, Inc. -890.22 Million USD 179.69%
Merchants Bancorp 390.95 Million USD -81.457%
Alerus Financial Corporation 248.98 Million USD -184.925%
Old Point Financial Corporation 24.47 Million USD -2798.068%
ConnectOne Bancorp, Inc. 783.47 Million USD 9.452%
John Marshall Bancorp, Inc. -5.85 Million USD 12224.731%
First Bancorp 410.13 Million USD -72.971%
Community West Bancshares 105.13 Million USD -574.762%
The First Bancorp, Inc. 34.87 Million USD -1934.232%
Farmers National Banc Corp. 414.76 Million USD -71.04%
First Internet Bancorp - Fixed- 313.87 Million USD -126.02%
International Bancshares Corporation -1.02 Million USD 69042.468%
Washington Federal, Inc. 3.31 Billion USD 78.621%
Bridgewater Bancshares, Inc. 285.94 Million USD -148.093%
Bank of the James Financial Group, Inc. -4.48 Million USD 15903.475%
Valley National Bancorp 2.81 Billion USD 74.806%
Lakeland Financial Corporation -101.82 Million USD 796.71%
The First of Long Island Corporation 506.55 Million USD -40.048%
CVB Financial Corp. 2.07 Billion USD 65.831%
Orange County Bancorp, Inc. 109.85 Million USD -545.777%
Heritage Commerce Corp -336.95 Million USD 310.539%
First Financial Bancorp. 357.17 Million USD -98.62%
National Bankshares, Inc. -85.47 Million USD 929.962%
Virginia National Bankshares Corporation 51.53 Million USD -1276.575%
TrustCo Bank Corp NY 84.18 Million USD -742.669%
First Busey Corporation -196 Million USD 461.944%
Dime Community Bancshares, Inc. 1.11 Billion USD 36.152%
Triumph Financial, Inc. 118.78 Million USD -497.239%
Zions Bancorporation, National Association 2.53 Billion USD 72.037%
Greene County Bancorp, Inc. 8.07 Million USD -8690.805%
WesBanco, Inc. 1.13 Billion USD 37.748%
Midland States Bancorp, Inc. 530.15 Million USD -33.815%
Huntington Bancshares Incorporated 2.07 Billion USD 65.778%
NSTS Bancorp, Inc. -28.37 Million USD 2599.799%
Dime Community Bancshares, Inc. 1.11 Billion USD 36.152%
UMB Financial Corporation -1.3 Billion USD 154.399%
1895 Bancorp of Wisconsin, Inc. 60.06 Million USD -1081.005%
Home Federal Bancorp, Inc. of Louisiana -8.24 Million USD 8701.091%
Timberland Bancorp, Inc. 20 Million USD -3447.09%
Cathay General Bancorp 535.73 Million USD -32.42%
HomeTrust Bancshares, Inc. 130.58 Million USD -443.261%
CB Financial Services, Inc. -31.76 Million USD 2333.684%
First Savings Financial Group, Inc. 350.24 Million USD -102.55%
HBT Financial, Inc. 5.56 Million USD -12643.273%
Kentucky First Federal Bancorp 51.4 Million USD -1280.083%
Fifth Third Bancorp 16.89 Billion USD 95.801%
FVCBankcorp, Inc. 53.33 Million USD -1230.017%
Magyar Bancorp, Inc. 26.33 Million USD -2593.72%
Heartland Financial USA, Inc. 699.73 Million USD -1.384%
First Merchants Corporation 502.38 Million USD -41.211%
Third Coast Bancshares, Inc. -155.21 Million USD 557.046%
ECB Bancorp, Inc. 116.3 Million USD -509.99%
Republic First Bancorp, Inc. -107.6 Million USD 759.268%
Heartland Financial USA, Inc. 699.73 Million USD -1.384%
Unity Bancorp, Inc. 177.3 Million USD -300.103%
Franklin Financial Services Corporation 125.1 Million USD -467.044%
SouthState Corporation -280.84 Million USD 352.599%
Bankwell Financial Group, Inc. -94.66 Million USD 849.406%
Banner Corporation 459.33 Million USD -54.444%
Hancock Whitney Corporation - 6 328.91 Million USD -115.684%
Washington Federal, Inc. 3.31 Billion USD 78.621%
Sterling Bancorp, Inc. (Southfield, MI) -520.65 Million USD 236.255%
Stellar Bancorp, Inc. -239.47 Million USD 396.243%
Atlantic Union Bankshares Corporation 746.67 Million USD 4.989%
Great Southern Bancorp, Inc. 212.47 Million USD -233.886%
ConnectOne Bancorp, Inc. 783.47 Million USD 9.452%
First Citizens BancShares, Inc. 4.01 Billion USD 82.344%
Norwood Financial Corp. 136.2 Million USD -420.846%
First Citizens BancShares, Inc. 4.01 Billion USD 82.344%
Enterprise Financial Services Corp -249.38 Million USD 384.466%
First Foundation Inc. 255.82 Million USD -177.307%
Seacoast Banking Corporation of Florida 77.83 Million USD -811.427%
Northeast Community Bancorp, Inc. 425 Thousand USD -166821.882%
Southside Bancshares, Inc. 379.57 Million USD -86.896%
BankFinancial Corporation -129.86 Million USD 646.282%
United Bancshares, Inc. -8.87 Million USD 8096.145%
Penns Woods Bancorp, Inc. 363.63 Million USD -95.092%
First Seacoast Bancorp 66.93 Million USD -959.814%
Home Bancorp, Inc. 187.98 Million USD -277.384%
Texas Community Bancshares, Inc. 59.18 Million USD -1098.625%
Bank of South Carolina Corporation 80.71 Million USD -778.907%
First Northwest Bancorp 204.1 Million USD -247.572%
First Internet Bancorp 313.87 Million USD -126.02%
Ohio Valley Banc Corp. -73.82 Million USD 1060.906%
TC Bancshares, Inc. -11.93 Million USD 6043.123%
HMN Financial, Inc. 2.36 Million USD -29934.632%
IF Bancorp, Inc. 48.42 Million USD -1364.892%
Horizon Bancorp, Inc. 937.13 Million USD 24.299%