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Last Update: 2023-12-23 06:00:44
MERCANTILE BANK CORP ( MBWM ) https://www.mercbank.com
40.15USD
Sector:
Financial Services
Industry:
Banks-Regional
Country:
United States
1y
3y
5y
10y
Historical Returns*:
SPY
23.45%
MBWM
22.92%
SPY
30.72%
MBWM
70.75%
SPY
112.82%
MBWM
104.92%
SPY
201.04%
MBWM
334.92%
*Assumes dividends reinvested
Market Stats:
Market Capitalization($MM)
Enterprise Value($MM)
Daily Volume(MM)
643.14
4107.20
0.09
Valuation Metrics:
Price/Earnings Ratio
Price/Sales Ratio
Price/Book Value
FCF Yield(%)
Dividend Yield(%)
EV/EBITDA
7.66
3.58
1.33
24.10
3.39
0.09
Profitability Stats:
Operating Margin %(ttm)
Gross Profit %(ttm)
EBITDA Margin %(ttm)
36.52
100.00
24400.01
Shareholder Value Creation:
Cost of Capital %(est)
ROIC %(ttm)
ROCE %(ttm)
Beta
8.6624
2.63
2.61
1.16
Other Earnings and Cash Flow Stats:
MERCANTILE BANK CORP ( MBWM ) Net Income TTM ($MM) is 79.66
MERCANTILE BANK CORP ( MBWM ) Operating Income TTM ($MM) is 121.39
MERCANTILE BANK CORP ( MBWM ) Owners' Earnings Annual ($MM) is 0.00
MERCANTILE BANK CORP ( MBWM ) Current Price to Owners' Earnings ratio is 0.00
MERCANTILE BANK CORP ( MBWM ) EBITDA TTM ($MM) is 132.19
MERCANTILE BANK CORP ( MBWM ) EBITDA Margin is 24400.01%
Capital Allocation:
MERCANTILE BANK CORP ( MBWM ) has paid 1.36 dividends per share and bought back -0.156868 million shares in the past 12 months
MERCANTILE BANK CORP ( MBWM ) has increased its debt by 3580.776 million USD in the last 12 months
Capital Structure:
MERCANTILE BANK CORP ( MBWM ) Interest-bearing Debt ($MM) as of last quarter is 4056
MERCANTILE BANK CORP ( MBWM ) Annual Working Capital Investments ($MM) are 0
MERCANTILE BANK CORP ( MBWM ) Book Value ($MM) as of last quarter is 483
MERCANTILE BANK CORP ( MBWM ) Debt/Capital as of last quarter is 839%
Other Balance Sheet Stats:
MERCANTILE BANK CORP ( MBWM ) has 64 million in cash on hand as of last quarter
MERCANTILE BANK CORP ( MBWM ) has 76 million of liabilities due within 12 months, and long term debt 606 as of last quarter
MERCANTILE BANK CORP ( MBWM ) has 16 common shares outstanding as of last quarter
MERCANTILE BANK CORP ( MBWM ) has 0 million USD of preferred stock value
Academic Scores:
MERCANTILE BANK CORP ( MBWM ) Altman Z-Score is 0.41 as of last quarter
MERCANTILE BANK CORP ( MBWM ) Piotroski Score is 5.00 as of last quarter
Corporate Governance:
MERCANTILE BANK CORP ( MBWM ) largest shareholder is Charles Schwab Investment Management Inc owning 195809 shares at 7.86 ($MM) value
Michael H Price(an insider) Sold 4000 shares of MERCANTILE BANK CORP ( MBWM ) for the amount of $137160.00 on 2023-07-26
8.28% of MERCANTILE BANK CORP ( MBWM ) is held by insiders, and 58.42% is held by institutions
MERCANTILE BANK CORP ( MBWM ) went public on 1997-08-07
Other MERCANTILE BANK CORP ( MBWM ) financial metrics:
FCF:104.86
Unlevered Free Cash Flow:0.00
EPS:5.21
Operating Margin:36.52
Gross Profit Margin:100.00
Div. Payout Ratio%:25.94
Div. Growth YoY%:9.68
Equity Return%:17.26
Beta:1.16
Buffet's Owners Earnings:0.00
Price to Owner's Earnings:0.00
About MERCANTILE BANK CORP ( MBWM ) :
Mercantile Bank Corporation operates as the bank holding company for Mercantile Bank of Michigan that provides commercial and retail banking services to small- to medium-sized businesses and individuals in the United States. It accepts various deposit products, including checking, savings, and term certificate accounts; time deposits; and certificates of deposit. The company also provides commercial and industrial loans; vacant land, land development, and residential construction loans; owner and non-owner-occupied real estate loans; multi-family and residential rental property loans; single-family residential real estate loans; home equity line of credit programs; and consumer loans, such as new and used automobile and boat loans, and credit cards, as well as overdraft protection services; and residential mortgage and instalment loans. In addition, it offers courier services and safe deposit facilities; and insurance products, such as private passenger automobile, homeowners, personal inland marine, boat owners, recreational vehicle, dwelling fire, umbrella policies, small business, and life insurance products. The company was incorporated in 1997 and is headquartered in Grand Rapids, Michigan.
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