Mercantile Bank (FRA:MCS) Accounts Payable & Accrued Expense : €0.0 Mil (As of Mar. 2024)

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What is Mercantile Bank Accounts Payable & Accrued Expense?

Mercantile Bank's quarterly accounts payable & accrued expense declined from Sep. 2023 (€100.0 Mil) to Dec. 2023 (€86.1 Mil) and declined from Dec. 2023 (€86.1 Mil) to Mar. 2024 (€0.0 Mil).

Mercantile Bank's annual accounts payable & accrued expense increased from Dec. 2021 (€21.8 Mil) to Dec. 2022 (€73.8 Mil) and increased from Dec. 2022 (€73.8 Mil) to Dec. 2023 (€86.1 Mil).

Mercantile Bank Accounts Payable & Accrued Expense Historical Data

The historical data trend for Mercantile Bank's Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Mercantile Bank Accounts Payable & Accrued Expense Chart

Mercantile Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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20.17

19.98

21.81

73.83

86.11

Mercantile Bank Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															65.45	70.73	99.99	86.11	-

Mercantile Bank Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Mercantile Bank (FRA:MCS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Mercantile Bank Corp (FRA:MCS) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

MBWM:USA

Address

310 Leonard Street NW, Grand Rapids, MI, USA, 49504

Website

https://www.mercbank.com

Mercantile Bank Corp operates as a bank holding company. The bank provides a variety of commercial banking services to individuals, businesses, governmental units, and other institutions. It provides banking services offering deposit products including checking, savings, and term certificate accounts, and lending products including commercial, residential mortgage, and installment loans. The company generates revenue from interest and dividends earned on loans, securities, and other financial instruments.