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Mercantile Bank Corp

52.59
USD
Sponsored
+0.58
+1.12%
May 21, 15:59 UTC -4
Closed
exchange

After-Market

52.58

-0.02
-0.03%

Mercantile Bank Corp Profile

About

Mercantile Bank Corporation serves businesses and consumers across Grand Rapids and Kent County with a full range of mortgage, lending, deposit and checking products and services in a friendly, hometown banking environment.

Info & Links

CEO

Raymond E. Reitsma

Headquarters

310 LEONARD STREET NW
GRAND RAPIDS, MI 49504, UNITED STATES

Industry

Banks Midwest

Sector

Finance

Website

www.mercbank.com

Auditor

Plante & Moran, PLLC

Share holders

1,200

Employees

786

Mercantile Bank Corp Statistics

Valuation Measures

Market Capitalization2

908.20M

Enterprise Value

1.61B

Enterprise Value/EBITDA(ttm)

--

Price to Earnings Ratio(ttm)

9.88

Price to Sales(ttm)

2.51

Price to Book(mrq)

1.28

Price to Cash(ytd)

9.80

Profitability

Gross Margin(ttm)

0.00%

Operating Margin(ttm)

23.87%

Profit Margin(ttm)

37.03%

Return on Equity(ttm)

13.54%

Return on Invested Capital(ttm)

11.16%

Return on Assets(ttm)

1.39%

Income Statement

Revenue(ttm)

0.00

Revenue Per Share(ttm)

0.00

Gross Profit(ttm)

0.00

EBITDA(ttm)3

0.00

Net Income Available to Common(ttm)

91.90M

Diluted EPS(ttm)

5.46

Share Statistics

Beta (5Y Monthly)

0.85

52-Week Change

14.38%

S&P 500 52-Week Change

27.39%

S&P 500 Member

Yes

Stock Optionable

Yes

Total Shares Outstanding1

17.27M

Dividend Yield

2.89%

Float4

16.72M

% Held by Insiders

3.20%

% Held by Institutions

58.63%

Balance Sheet

Total Cash(mrq)

0.00

Total Cash Per Share(mrq)

0.00

Total Debt(mrq)

703.26M

Total Debt/Equity(mrq)

100.59%

Current Ratio(mrq)

--

Quick Ratio(mrq)

0.93%

Book Value Per Share(mrq)

42.19

Cash Flow

Operating Cash Flow Per Share(ytd)

1.11

Free Cash Flow(ytd)

11.21M

Table Key

mrq = Most Recent Quarter

ttm = Trailing Twelve Months

ytd = Year To Date

Footnotes

Data provided by Zacks Investment Research or calculated by FXEmpire. All numbers are rounded to the closest decimal.

  • 1 Total Shares outstanding is taken from the most recently filed quarterly or annual report.
  • 2 Market Cap is calculated using total shares outstanding and the most recent share price.
  • 3 EBITDA is calculated using methodology that may differ from that used by a company in its reporting.
  • 4 The float is a measure of the number of shares available for trading by the public. It's calculated by taking the number of issued and outstanding shares minus any restricted stock, which might not be publicly traded.
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