Mercantile Bank Corporation (MBWM) |
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Mercantile Bank's Customers Performance
MBWM
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MBWM's Source of Revenues |
In the Q3, Mercantile Bank Corporation's corporate clients experienced a reduction by -3.27 % in their costs of revenue, compared to a year ago, sequentially costs of revenue grew by 4.19 %. During the corresponding time, Mercantile Bank Corporation recorded revenue increase by 17.5 % year on year, sequentially revenue grew by 3.22 %. While revenue at the Mercantile Bank Corporation's corporate clients fell by -6.12 % year on year, sequentially revenue grew by 3.05 %.
• List of MBWM Customers
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Customers of Mercantile Bank Corporation saw their costs of revenue decrease by -3.27 % in Q3 compare to a year ago, sequentially costs of revenue grew by 4.19 %, for the same period Mercantile Bank Corporation recorded revenue increase by 17.5 % year on year, sequentially revenue grew by 3.22 %.
• List of MBWM Customers
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Customers Net Income fell in Q3 by |
Customers Net margin fell to % |
-6.33 % |
17.2 % |
Mercantile Bank's Comment on Sales, Marketing and Customers
Our bank is a state banking company that operates under the laws of the State
of Michigan, pursuant to a charter issued by the Michigan Office of Financial
and Insurance Regulation. Our bank’s deposits are insured to the maximum
extent permitted by law by the Federal Deposit Insurance Corporation (“FDIC”).
Our bank, through its 48 office locations, provides commercial banking services
primarily to small- to medium-sized businesses and retail banking services in
and around the West and Central portions of Michigan. Our bank’s main office
is located in Grand Rapids, with branch office locations in Alma, Belding, Cadillac,
Canadian Lakes, Clare, Comstock Park, DeWitt, Fairview, Grand Rapids, Hale, Hastings,
Holland, Howard City, Ionia, Ithaca, Kalamazoo, Kentwood, Lakeview, Lansing, Lowell,
Merrill, Mt. Pleasant, Paw Paw, Portage, Remus, Rose City, Shepherd, St. Charles,
St. Helen, St. Johns, Vestaburg, West Branch, and Wyoming.
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Mercantile Bank's Comment on Sales, Marketing and Customers
Our bank is a state banking company that operates under the laws of the State
of Michigan, pursuant to a charter issued by the Michigan Office of Financial
and Insurance Regulation. Our bank’s deposits are insured to the maximum
extent permitted by law by the Federal Deposit Insurance Corporation (“FDIC”).
Our bank, through its 48 office locations, provides commercial banking services
primarily to small- to medium-sized businesses and retail banking services in
and around the West and Central portions of Michigan. Our bank’s main office
is located in Grand Rapids, with branch office locations in Alma, Belding, Cadillac,
Canadian Lakes, Clare, Comstock Park, DeWitt, Fairview, Grand Rapids, Hale, Hastings,
Holland, Howard City, Ionia, Ithaca, Kalamazoo, Kentwood, Lakeview, Lansing, Lowell,
Merrill, Mt. Pleasant, Paw Paw, Portage, Remus, Rose City, Shepherd, St. Charles,
St. Helen, St. Johns, Vestaburg, West Branch, and Wyoming.
MBWM's vs. Customers, Data
(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)
COMPANY NAME |
MARKET CAP |
REVENUES |
INCOME |
EMPLOYEES |
Mercantile Bank Corporation |
590.60 |
218.25 |
83.99 |
558 |
Arch Capital Group Ltd |
35,026.96 |
13,634.00 |
4,442.00 |
5,200 |
American International Group Inc |
56,728.19 |
46,802.00 |
3,878.00 |
36,600 |
Achari Ventures Holdings Corp I |
35.36 |
855.20 |
-2.25 |
214 |
Beazer Homes Usa Inc |
967.26 |
2,147.69 |
156.01 |
1,063 |
Century Communities Inc |
2,990.25 |
3,727.03 |
194.24 |
510 |
Mr Cooper Group Inc |
5,189.04 |
1,794.00 |
500.00 |
7,200 |
D r Horton Inc |
55,239.44 |
35,928.60 |
4,782.60 |
13,237 |
Essent Group Ltd |
6,169.98 |
1,109.76 |
696.39 |
366 |
Genworth Financial Inc |
2,889.64 |
7,488.00 |
139.00 |
5,300 |
Green Brick Partners Inc |
2,682.95 |
1,758.42 |
287.48 |
0 |
Hovnanian Enterprises Inc |
993.03 |
2,463.18 |
132.53 |
0 |
Kb Home |
5,950.46 |
6,410.63 |
590.18 |
1,590 |
Lennar Corp |
49,333.22 |
34,233.37 |
3,961.29 |
9,495 |
Lgi Homes Inc |
2,665.67 |
2,358.58 |
199.23 |
390 |
Mbia Inc |
317.79 |
95.00 |
-407.00 |
252 |
M d c Holdings Inc |
4,762.79 |
4,520.11 |
401.01 |
0 |
Mi Homes Inc |
3,667.23 |
4,033.50 |
465.37 |
1,008 |
Mgic Investment Corp |
6,402.22 |
1,155.10 |
712.95 |
800 |
Meritage Homes Corporation |
6,185.02 |
1,518.56 |
738.75 |
1,409 |
Nmi Holdings Inc |
2,622.18 |
579.00 |
322.11 |
243 |
Nobility Homes Inc |
109.02 |
64.82 |
11.32 |
129 |
Nvr Inc |
27,018.67 |
9,518.20 |
1,591.61 |
6,600 |
New Home Co Inc |
165.83 |
497.10 |
5.23 |
234 |
Radian Group Inc |
5,189.70 |
1,240.59 |
603.12 |
1,881 |
Taylor Morrison Home Corp |
6,656.13 |
7,901.79 |
871.98 |
113 |
Toll Brothers Inc |
13,974.92 |
9,994.94 |
1,372.07 |
3,900 |
Tri Pointe Homes Inc |
3,666.15 |
4,167.88 |
349.20 |
1,036 |
Vanjia Corporation |
165.60 |
0.02 |
0.07 |
1 |
SUBTOTAL |
307,764.70 |
205,997.05 |
26,994.46 |
98,771 |
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