Mercantile Bank Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013 - 1997
Cash & Equivalents	130.53	96.77	975.16	626.01	233.73	75.35	200.1	183.6	89.89	172.74	Upgrade
Cash & Cash Equivalents	130.53	96.77	975.16	626.01	233.73	75.35	200.1	183.6	89.89	172.74	Upgrade
Cash Growth	34.89%	-90.08%	55.77%	167.83%	210.18%	-62.34%	8.99%	104.24%	-47.96%	17.54%	Upgrade
Property, Plant & Equipment	50.93	51.48	57.3	58.96	57.33	48.32	46.03	45.46	46.86	48.81	Upgrade
Goodwill and Intangibles	49.47	49.47	50.82	51.91	53.31	55.03	57.07	59.43	62.1	65.1	Upgrade
Total Assets	5,353	4,873	5,258	4,437	3,633	3,364	3,287	3,083	2,904	2,893	Upgrade
Total Liabilities	4,831	4,431	4,801	3,996	3,216	2,989	2,921	2,742	2,570	2,565	Upgrade
Total Debt	836.26	640.19	693.35	559.93	503.56	499.72	384.27	351.55	277.93	276.06	Upgrade
Debt Growth	30.63%	-7.67%	23.83%	11.19%	0.77%	30.05%	9.31%	26.49%	0.67%	87.42%	Upgrade
Retained Earnings	277.53	216.31	174.54	134.04	107.83	75.48	61	40.9	27.72	10.22	Upgrade
Comprehensive Income	-50.49	-65.34	-3.73	5.49	3.7	-8.24	-4.9	-5.58	1.26	0.02	Upgrade
Shareholders' Equity	522.15	441.41	456.56	441.55	416.56	375.25	365.87	340.81	333.8	328.14	Upgrade
Net Cash / Debt	-705.73	-543.42	281.81	66.08	-269.83	-424.36	-184.16	-167.95	-188.03	-103.33	Upgrade
Net Cash / Debt Growth	-	-	326.48%	-	-	-	-	-	-	-	Upgrade
Book Value Per Share	32.58	27.82	29.14	27.20	25.50	22.61	22.18	20.91	20.52	19.46	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).