Mercantile Bank Corporation (MBWM)

Last Closing Price: 49.20 (2025-12-17)

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 0.18 for the most recently reported fiscal quarter, ending 2025-09-30.

Figures for fiscal quarter ending 2025-09-30
Income Statement Financials
$96.03M
$23.76M
$33.64M
$62.39M
$67.98M
$28.05M
$-0.61M
$27.44M
$27.44M
$23.76M
$23.76M
$23.76M
$23.76M
--
--
16.25M
16.25M
$1.46
$1.46
Balance Sheet Financials
$5.05B
$56.16M
$1.26B
$6.31B
$5.16B
$486.64M
$486.64M
$5.65B
$657.63M
$608.16M
$657.63M
16.25M
Cash Flow Statement Financials
$12.32M
$-113.66M
$185.34M
$393.01M
$477.02M
$84.01M
$2.65M
$-17.88M
--
Fundamental Metrics & Ratios
--
0.00
6.01
Debt to Capital Ratio
0.18
1.12
--
--
--
--
44.12%
38.20%
$5.79M
--
--
--
0.01
--
--
--
3.61%
3.91%
0.38%
2.98%
$40.46
$0.36
$0.76