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Mercantile Bank Corporation

Mercantile Bank Corporation (MBWM)

51.79
2.09
(4.21%)
Closed 12 February 8:00AM
51.0973
-0.6927
(-1.34%)
After Hours: 11:59AM

Mercantile Bank Corporation Financial Summary

The current MBWM market cap is 835.99M. The company's latest EPS is USD 4.9308 and P/E is 10.52.

Quarter End Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023
USD (US$)USD (US$)USD (US$)USD (US$)USD (US$)
Total Revenue 42.07M49.63M58.46M55.34M55.2M
Operating Income 41.57M46.73M55.41M54.74M53.2M
Net Income 11.74M16.03M21.8M20.97M20.36M
Year End 31 December 2024 20202021202220232024
USD (US$)USD (US$)USD (US$)USD (US$)USD (US$)
Total Revenue 167.42M180.28M190.32M225.69M231.48M
Operating Income 153.37M184.58M183.77M217.99M224.08M
Net Income 44.14M59.02M61.06M82.22M79.59M
Quarter End Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023
USD (US$)USD (US$)USD (US$)USD (US$)USD (US$)
Total Assets 5.06B5.02B4.87B4.9B5.14B
Total Liabilities 4.63B4.6B4.43B4.43B4.66B
Total Equity 428.98M416.26M441.41M467.37M478.7M
Year End 31 December 2024 20202021202220232024
USD (US$)USD (US$)USD (US$)USD (US$)USD (US$)
Total Assets 4.44B5.26B4.87B5.35B6.05B
Total Liabilities 4B4.8B4.43B4.83B5.47B
Total Equity 441.55M456.56M441.41M522.15M584.53M
Quarter End Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023
USD (US$)USD (US$)USD (US$)USD (US$)USD (US$)
Operating 00000
Investing 00000
Financing 00000
Year End 31 December 2024 20202021202220232024
USD (US$)USD (US$)USD (US$)USD (US$)USD (US$)
Operating N/A N/A N/A N/A N/A
Investing N/A N/A N/A N/A N/A
Financing N/A N/A N/A N/A N/A
Market Cap 835.99M
Price to Earnings Ratio 10.52
Price to Sales Ratio 3.62
Price to Cash Ratio 2.13
Price to Book Ratio 1.43
Dividend Yield 2.86%

Share Statistics

Shares Outstanding 16.14M
Average Volume (1 week) 53.99k
Average Volume (1 Month) 70.17k
52 Week Change 36.83%
52 Week High 52.98
52 Week Low 33.46
Spread (Intraday) 12.89 (21.48%)

Company Info

Company Name Mercantile Bank Corporation
Address 310 leonard street nw
grand rapids, michigan 49504
Website https://www.mercbank.com
Industry state commercial banks (6022)