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Mercantile Bank Corporation

Mercantile Bank Corporation (MBWM)

48.70
4.58
( 10.38% )
Updated: 10:02:53

Mercantile Bank Corporation Financial Summary

The current MBWM market cap is 785.08M. The company's latest EPS is USD 5.1001 and P/E is 8.96.

Quarter End Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023
USD ($)USD ($)USD ($)USD ($)USD ($)
Total Revenue 42.07M49.63M58.46M55.34M55.2M
Operating Income 41.57M46.73M55.41M54.74M53.2M
Net Income 11.74M16.03M21.8M20.97M20.36M
Year End December 30 2023 20192020202120222023
USD ($)USD ($)USD ($)USD ($)USD ($)
Total Revenue 151.49M167.42M180.28M190.32M225.69M
Operating Income 149.74M153.37M184.58M183.77M217.99M
Net Income 49.46M44.14M59.02M61.06M82.22M
Quarter End Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023
USD ($)USD ($)USD ($)USD ($)USD ($)
Total Assets 5.06B5.02B4.87B4.9B5.14B
Total Liabilities 4.63B4.6B4.43B4.43B4.66B
Total Equity 428.98M416.26M441.41M467.37M478.7M
Year End December 30 2023 20192020202120222023
USD ($)USD ($)USD ($)USD ($)USD ($)
Total Assets 3.63B4.44B5.26B4.87B5.35B
Total Liabilities 3.22B4B4.8B4.43B4.83B
Total Equity 416.56M441.55M456.56M441.41M522.15M
Quarter End Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023
USD ($)USD ($)USD ($)USD ($)USD ($)
Operating 00000
Investing 00000
Financing 00000
Year End December 30 2023 20192020202120222023
USD ($)USD ($)USD ($)USD ($)USD ($)
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 785.08M
Price to Earnings Ratio 8.96
Price to Sales Ratio 3.26
Price to Cash Ratio 5.64
Price to Book Ratio 1.41
Dividend Yield 2.83%

Share Statistics

Shares Outstanding 16.12M
Average Volume (1 week) 67.36k
Average Volume (1 Month) 86.07k
52 Week Change 69.10%
52 Week High 49.00
52 Week Low 28.7101
Spread (Intraday) 1.01 (2.07%)

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)