Mercantile Bank Corporation (MBWM)

Last Closing Price: 52.59 (2026-05-21)

Debt to Capital Ratio (Quarterly)

Debt to Capital Ratio: A measurement of a company's financial leverage, calculated as the company's long-term debt divided by its total capital. Calculated as: Total Long-Term Debt / (Total Long-Term Debt + Shareholders Equity)

Mercantile Bank Corporation (MBWM) had Debt to Capital Ratio of 0.16 for the most recently reported fiscal quarter, ending 2026-03-31.

Figures for fiscal quarter ending 2026-03-31
Income Statement Financials
$97.11M
$22.68M
$29.52M
$67.59M
$69.83M
$27.28M
--
$27.28M
$27.28M
$22.68M
$22.68M
$22.68M
$22.68M
--
--
17.24M
17.24M
$1.32
$1.32
Balance Sheet Financials
$5.36B
$61.86M
$1.58B
$6.95B
$5.75B
$456.25M
$456.25M
$6.21B
$736.95M
$645.09M
$736.95M
17.27M
Cash Flow Statement Financials
$28.31M
$-24.74M
$102.41M
$473.32M
$579.30M
$105.98M
$0.99M
$-6.63M
--
Fundamental Metrics & Ratios
--
0.00
7.52
Debt to Capital Ratio
0.16
0.95
--
--
--
--
39.32%
32.69%
$27.37M
--
--
--
0.01
--
--
--
3.08%
3.52%
0.33%
2.58%
$42.66
$1.59
$1.64