Mercantile Bank (FRA:MCS) Change In Payables And Accrued Expense : €34.7 Mil (TTM As of Jun. 2024)

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What is Mercantile Bank Change In Payables And Accrued Expense?

Mercantile Bank's Change In Payables And Accrued Expense for the quarter that ended in Jun. 2024 was €8.5 Mil. It means Mercantile Bank's Accounts Payable & Accrued Expense increased by €8.5 Mil from Mar. 2024 to Jun. 2024 .

Mercantile Bank's Change In Payables And Accrued Expense for the fiscal year that ended in Dec. 2023 was €13.1 Mil. It means Mercantile Bank's Accounts Payable & Accrued Expense increased by €13.1 Mil from Dec. 2022 to Dec. 2023 .

Mercantile Bank Change In Payables And Accrued Expense Historical Data

The historical data trend for Mercantile Bank's Change In Payables And 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 Change In Payables And Accrued Expense Chart

Mercantile Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Payables And Accrued Expense

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-2.54

0.73

-3.11

30.70

13.07

Mercantile Bank Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Change In Payables And Accrued Expense	Get a 7-Day Free Trial															2.42	20.65	-4.50	10.12	8.46

Mercantile Bank Change In Payables And Accrued Expense Calculation

Change In Payables And Accrued Expense is the increase or decrease between periods of the Accounts Payable & Accrued Expense. Accrued expenses represent expenses incurred at the end of the reporting period but not yet paid; also called accrued liabilities. The accrued liability is shown under Liabilities section in the balance sheet.

Change In Payables And Accrued Expense for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €34.7 Mil.

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Mercantile Bank Business Description

Industry

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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.