Mercantile Bank PLC. (DSE:MERCANBANK)

Mercantile Bank PLC. Balance Sheet

Financials in millions BDT. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	11,875	29,082	11,804	8,539	7,223	8,673
Investment Securities	120,015	65,587	65,912	57,184	56,422	46,548
Trading Asset Securities	-	23,518	10,727	5,132	7,613	3,529
Total Investments	120,015	89,105	76,638	62,316	64,035	50,077
Gross Loans	-	304,054	288,612	300,502	282,726	264,394
Allowance for Loan Losses	-	-	-	-16,023	-12,530	-11,730
Net Loans	-	304,054	288,612	284,479	270,197	252,664
Property, Plant & Equipment	3,262	3,703	4,103	4,454	4,718	3,914
Other Intangible Assets	-	46.22	75.02	124.52	168.08	129.65
Accrued Interest Receivable	-	2,241	2,084	1,817	2,049	3,266
Other Receivables	-	83.4	83.29	85.72	75.19	11.65
Restricted Cash	15,770	13,226	12,343	13,163	10,956	11,692
Other Current Assets	-	333	391.87	427.23	329.57	41.76
Other Real Estate Owned & Foreclosed	45.08	45.08	45.08	36.77	36.03	25.3
Other Long-Term Assets	6,656	5,665	8,673	9,037	1,522	1,969
Total Assets	465,123	447,584	404,852	384,478	361,309	332,463
Accounts Payable	-	1.15	0.71	-	0.27	0.04
Accrued Expenses	-	21,180	17,531	543	480.45	39.08
Interest Bearing Deposits	245,367	218,777	196,072	191,254	187,647	181,582
Non-Interest Bearing Deposits	96,315	120,318	107,233	87,863	79,138	59,567
Total Deposits	341,683	339,096	303,306	279,117	266,785	241,149
Short-Term Borrowings	-	1,560	2,645	6,963	9,227	8,225
Current Income Taxes Payable	-	-3,641	-3,354	-2,484	-1,969	-1,915
Accrued Interest Payable	-	12,142	10,279	7,459	3,875	3,085
Other Current Liabilities	2,570	3,639	3,650	2,688	3,671	4,072
Long-Term Debt	22,027	18,175	23,066	31,988	28,718	33,575
Long-Term Leases	-	443.31	646.26	864.8	1,098	743.38
Long-Term Deferred Tax Liabilities	-	-243.31	-208.9	-159.73	-150.83	-143.3
Other Long-Term Liabilities	69,645	28,950	20,835	31,778	24,867	21,385
Total Liabilities	435,924	421,303	378,395	358,757	336,603	310,215
Common Stock	11,066	11,066	11,066	10,849	10,332	9,840
Retained Earnings	15,273	13,544	14,396	13,997	13,578	11,547
Comprehensive Income & Other	2,749	1,564	890.56	774.85	694.79	764.11
Total Common Equity	29,088	26,173	26,352	25,621	24,605	22,151
Minority Interest	110.93	107.11	104.52	100.88	100.61	97.14
Shareholders' Equity	29,199	26,280	26,457	25,722	24,706	22,249
Total Liabilities & Equity	465,123	447,584	404,852	384,478	361,309	332,463
Total Debt	22,027	20,179	26,358	39,815	39,044	42,543
Net Cash (Debt)	-10,152	32,422	-3,827	-26,144	-24,208	-30,341
Net Cash Per Share	-9.16	29.30	-3.46	-23.63	-21.88	-27.42
Filing Date Shares Outstanding	1,284	1,107	1,107	1,107	1,107	1,107
Total Common Shares Outstanding	1,284	1,107	1,107	1,107	1,107	1,107
Book Value Per Share	22.66	23.65	23.81	23.15	22.24	20.02
Tangible Book Value	29,088	26,127	26,277	25,496	24,437	22,022
Tangible Book Value Per Share	22.66	23.61	23.75	23.04	22.08	19.90

Source: S&P Global Market Intelligence. Banks template. Financial Sources.