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Mercantile Bank (MBWM)
:MBWM
US Market

Mercantile Bank (MBWM) Financial Statements

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Mercantile Bank Financial Overview

Mercantile Bank's market cap is currently $781.92M. The company's EPS TTM is $4.934; its P/E ratio is 9.82; and it has a dividend yield of 2.93%. Mercantile Bank is scheduled to report earnings on January 21, 2025, and the estimated EPS forecast is $1.19. See an overview of income statement, balance sheet, and cash flow financials.
Dec 23Dec 22Dec 21Dec 20Dec 19
Income Statement
Total Revenue$ 217.99M$ 190.32M$ 179.22M$ 167.42M$ 151.49M
Gross Profit$ 217.99M$ 190.32M$ 179.22M$ 167.42M$ 151.49M
Operating Income$ 102.70M$ 99.39M$ 73.72M$ 54.85M$ 60.46M
EBITDA$ 114.19M$ 88.73M$ 87.39M$ 64.27M$ 70.01M
Net Income$ 82.22M$ 61.06M$ 59.02M$ 44.14M$ 49.46M
Balance Sheet
Cash & Short-Term Investments$ 130.53M$ 699.71M$ 1.57B$ 1.01B$ 568.39M
Total Assets$ 5.35B$ 4.87B$ 5.26B$ 4.44B$ 3.63B
Total Debt$ 606.52M$ 445.85M$ 495.89M$ 441.56M$ 400.88M
Net Debt$ 475.99M$ 349.08M$ -479.27M$ -184.44M$ 167.15M
Total Liabilities$ 4.83B$ 4.43B$ 4.80B$ 4.00B$ 3.22B
Stockholders' Equity$ 522.14M$ 441.41M$ 456.56M$ 441.55M$ 416.56M
Cash Flow
Free Cash Flow$ 59.93M$ 116.84M$ 58.97M$ 28.89M$ 31.28M
Operating Cash Flow$ 66.61M$ 119.86M$ 64.57M$ 37.88M$ 44.77M
Investing Cash Flow$ -395.93M$ -555.00M$ -495.51M$ -398.81M$ -92.84M
Financing Cash Flow$ 363.08M$ -443.25M$ 780.09M$ 753.20M$ 206.45M
Currency in USD

Mercantile Bank Earnings and Revenue History

Mercantile Bank Debt to Assets

Mercantile Bank Cash Flow

Mercantile Bank Forecast EPS vs Actual EPS

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