Mercantile Bank Corp

Visual Financials
Company Name: Mercantile Bank Corp
Ticker Symbol: MBWM
CIK Number: 0001042729
WWW Address: http://www.mercbank.com
CEO: Michael H. Price
No. of Employees: 682
Common Issue Type: CS
Business Description:Mercantile Bank Corporation through its seven offices provides commercial banking services mainly to small- to medium-sized businesses and retail banking services in and around the Grand Rapids, Holland and Lansing areas.

 
Industry Information: BANKING - Regional - Midwest Banks [more like this]
 Price  Day Change  Bid  Ask  Open  High  Low  Volume 
 33.44 Down -0.36 23.92 42.72 33.52 33.94 33.16 22920
 Market Cap (mil) Shares Outstanding (mil) Beta EPS DPS P/E Yield 52-Wks-Range
 549.1 16.4 0.00 2.53 1.04 13.2 2.9 38.47 - 26.40
KEY FIGURES (Latest Twelve Months - LTM)
Yesterday's Close33.44$
PE Ratio - LTM13.2
Market Capitalisation549.1mil
Latest Shares Outstanding16.4mil
Earnings pS (EPS)2.53$
Dividend pS (DPS)1.04¢
Dividend Yield2.9%
Dividend Payout Ratio%
Revenue per Employee332,897$
Effective Tax Rate31.0%
Float15.9mil
Float as % of Shares Outstanding1.0%
Foreign Sales-
Domestic Sales-
Selling, General & Adm/tive (SG&A) as % of Revenue-
Research & Devlopment (R&D) as % of Revenue-
Gross Profit Margin-
EBITDA Margin0.0%
Pre-Tax Profit Margin0.0%
Assets Turnover4.2%
Return on Assets (ROA)1.3%
Return on Equity (ROE)11.3%
Return on Capital Invested (ROCI)0.0%
Current Ratio-
Leverage Ratio (Assets/Equity)9.0
Interest Cover
Total Debt/Equity (Gearing Ratio)1.06
LT Debt/Total Capital51.0%
Working Capital pS-
Cash pS-
Book-Value pS22.85$
Tangible Book-Value pS19.50$
Cash Flow pS3.72$
Free Cash Flow pS3.34$
KEY FIGURES (LTM): Price info
Price/Book Ratio1.48
Price/Tangible Book Ratio0.00
Price/Cash Flow9.1
Price/Free Cash Flow10.1
P/E as % of Industry Group373.0%
P/E as % of Sector Segment75.0%
 
Balance Sheet (at a glance) in Millions
DIVIDEND INFO
Type of PaymentCash Payment
Dividend Rate1.04
Current Dividend Yield2.9
5-Y Average Dividend Yield1.6
Payout Ratio0.0
5-Y Average Payout Ratio1.0
Share price performance previous 3 years

Share price performance intraday

 
PRICE/VOLUMEHighLowClose% Price Chg% Price Chg vs. Mkt.Avg. Daily VolTotal Vol
1 Week----0.222,282104,390
4 Weeks34.4930.6630.939.325,660513,200
13 Weeks35.8230.6632.155.131,5171,985,597
26 Weeks35.8226.4031.158.535,2094,365,936
52 Weeks38.4726.4035.47-4.735,0508,797,732
YTD35.8227.86-16.034,4522,583,935
Moving Average5-Days10-Days10-Weeks30-Weeks200-DaysBeta (60-Mnth)Beta (36-Mnth)
33.7533.5433.6832.2733.270.000.00
 
GROWTH RATES5-Year
Growh
R² of 5-Year Growth3-Year
Growth
Revenue0.210.30.06
Income0.200.50.16
Dividend0.160.40.17
Capital Spending0.17NA0.20
R&D0.00NA0.00
Normalized Inc.0.00NA0.00
 
CHANGESYTD vs.
Last YTD
Curr Qtr vs.
Qtr 1-Yr ago
Annual vs.
Last Annual
Revenue %-8.3-8.3-13.3
Earnings %52.852.8-66.6
EPS %78.678.6-68.1
EPS $0.220.22-2.77
 
SOLVENCY RATIOS
SHORT-TERM SOLVENCY RATIOS (LIQUIDITY)
Free Cash Flow Margin-22.44
Free Cash Flow Margin 5YEAR AVG-18.62
Cash-Flow pS0.00
Free Cash-Flow pS1.74
FINANCIAL STRUCTURE RATIOS
Financial Leverage Ratio (Assets/Equity)8.96
Debt Ratio0.00
Total Debt/Equity (Gearing Ratio)1.06
LT Debt/Equity1.06
LT Debt/Capital Invested51.36
LT Debt/Total Liabilities0.00
 
VALUATION RATIOS
MULTIPLES
PQ Ratio1.13
Tobin's Q Ratio0.17
Current P/E Ratio - LTM13.20
Enterprise Value (EV)/EBITDA0.00
Enterprise Value (EV)/Free Cash Flow26.61
Dividend Yield2.9
Price/Tangible Book Ratio - LTM0.00
Price/Book Ratio - LTM1.48
Price/Cash Flow Ratio9.1
Price/Free Cash Flow Ratio - LTM10.1
P/E Ratio (1 month ago) - LTM11.3
P/E Ratio (26 weeks ago) - LTM3.4
P/E Ratio (52 weeks ago) - LTM4.1
5-Y High P/E Ratio15.3
5-Y Low P/E Ratio7.2
5-Y Average P/E Ratio0.0
Current P/E Ratio as % of 5-Y Average P/E19
P/E as % of Industry Group373.0
P/E as % of Sector Segment75.0
Current 12 Month Normalized P/E Ratio - LTM9.6
PER SHARE FIGURES
Tangible Book Value pS - LTM19.50
Book Value pS - LTM22.85
Capital Invested pS46.98
Cash Flow pS - LTM3.72
Free Cash Flow pS - LTM3.34
Earnings pS (EPS)2.53
 
OPERATING RATIOS
PROFITABILITY
Return on Equity (ROE)11.20
Return on Equity (ROE) - 5YEAR AVRG.0.1
Return on Capital Invested (ROCI)5.45
Return on Capital Invested (ROCI) - 5YEAR AVRG.
Return on Assets (ROA)1.25
Return on Assets (ROA) - 5YEAR AVRG.0.0
EBIT Margin - LTM0.0
EBITDA Margin - LTM0.0
Pre-Tax Profit Margin147.64
Pre-Tax Profit Margin - 5YEAR AVRG.146.57
Net Profit Margin35.00
Net Profit Margin - 5YEAR AVRG.28.53
Effective Tax Rate5.53
Effective Tax Rate - 5YEAR AVRG.7.84
EFFICIENCY RATIOS
Revenue per Employee - LTM325,784
Net Income per Employee - LTM68,897
Assets/Revenue - LTM0.00
Assets/Revenue - 5YEAR AVRG.3,059.55



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