Mercantile Bank Corp. (MBWM) Company Profile & Statistics

Mercantile Bank Corp.
MBWM
(Nasdaq - US)
Closed
34.55
+0.93 (+2.77%)
in:usd•As of: Apr 18, 2024 15:59 UTC -4
Open
33.89
High
34.74
Low
33.87

About Mercantile Bank Corp.

CEO

Robert B. Kaminski, Jr.

Headquarters

310 leonard street nw

grand rapids, mi 49504, united states

Auditor

BDO USA, P.C.

Employees

665

Share Holders

1,200

Website

www.mercbank.com

Industry

regional banks

Sector

finance

Company Overview

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.

Mercantile Bank Corp. Statistics

Valuation Measures

Market Capitalization ²	556.95M
Enterprise Value	1.39B
Enterprise Value/EBITDA (ttm)	N/A
Price to Earnings Ratio (ttm)	6.62
Price to Book (mrq)	1.05
Price to Sales (ttm)	1.70
Price to Cash (ytd)	5.84

Profitability

Gross Margin (ttm)	0.00%
Operating Margin (ttm)	25.58%
Profit Margin (ttm)	37.72%
Return on Equity (ttm)	16.74%
Return on Invested Capital (ttm)	13.15%
Return on Assets (ttm)	1.58%

Income Statement

Revenue (ttm)	0.00
Revenue Per Share (ttm)	0.00
Gross Profit (ttm)	0.00
EBITDA (ttm)³	0.00
Net Income Avi to Common (ttm)	82.22M
Diluted EPS (ttm)	5.16

Share Statistics

Beta (5Y Monthly)	0.97
52-Week Change	25.37%
S&P500 52-Week Change	20.61%
S&P500 Member	No
Stock Optionable	Yes
Total Shares Outstanding ¹	16.12M
Dividend Yield	4.10%
Float ⁴	15.63M
% Held by Insiders	3.08%
% Held by Institutions	58.63%

Balance Sheet

Total Cash (mrq)	0.00
Total Cash Per Share (mrq)	0.00
Total Debt (mrq)	836.26M
Total Debt/Equity (mrq)	160.16%
Current Ratio (mrq)	N/A
Quick Ratio (mrq)	1.04%
Book Value Per Share (mrq)	32.38

Cash Flow

Operating Cash Flow Per Share (ytd)	4.16
Free Cash Flow (ytd)	59.93M

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. Stock price provided by Xignite. 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.

Mercantile Bank Corp.

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