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Mercantile Bank Corporation  (MBWM)
Other Ticker:  
 
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial

Mercantile Bank Corporation

MBWM's Fundamental analysis








Looking into Mercantile Bank growth rates, revenue grew by 17.5 % in III. Quarter 2023 from the same quarter a year ago. Ranking at No. 860

Regional Banks industry recorded growth of revenues by 5.45 %

Mercantile Bank's net income grew by 30.1 % in III. Quarter 2023 year on year, above company average,

More on MBWM's Growth


Mercantile Bank
current PE on trailing twelve month basis is below Regional Banks industry average.

Mercantile Bank PEG ratio is at 0.11 Mercantile Bank realized cash outflow of $ -1.13per share in trailing twelve-month period.
Company
7.02
PE TTM   
Industry
8.83
PE TTM    
Company's Price to Sales ratio is at 2.71.
Regional Banks industry's Price to Sales ratio is at 2.48.


More on MBWM's Valuation
 
 Total Debt (Millions $) 302
 Dividend TTM ($) 1.29 $
 Dividend Yield TTM (%) 3.61 %
 Revenue/Employee (TTM) $ 391,131
 Net Income/Employee (TTM) $ 150,520
 Receivable Turnover (TTM) -
 Tangible Book Value (Per Share $) 27.06

Mercantile Bank
current PE on trailing twelve month basis is below Regional Banks industry average.

Mercantile Bank PEG ratio is at 0.11 Mercantile Bank realized cash outflow of $ -1.13per share in trailing twelve-month period.
Company
7.02
PE TTM   
Industry
8.83
PE TTM    
Company's Price to Sales ratio is at 2.71.
Regional Banks industry's Price to Sales ratio is at 2.48.

Mercantile Bank Price to Book Ratio is at 1.22 lower than Indusry Avg. of 57.37. and higher than S&P 500 Avg. of 0.01

More on MBWM's Valuation

  Market Capitalization (Millions $) 591
  Shares Outstanding (Millions) 16
  Employees 558
  Revenues (TTM) (Millions $) 218
  Net Income (TTM) (Millions $) 84
  Cash Flow (TTM) (Millions $) -18
  Capital Exp. (TTM) (Millions $) -7
  Total Debt (Millions $) 302
  Dividend TTM ($) 1.29 $
  Dividend Yield TTM (%) 3.61 %
  Revenue/Employee (TTM) $ 391,131
  Net Income/Employee(TTM) $ 150,520
  Receivable Turnover Ratio (TTM) -
  Tangible Book Value (Per Share $) 27.06

  Market Capitalization (Millions $) 591
  Shares Outstanding (Millions) 16
  Employees 558
  Revenues (TTM) (Millions $) 218
  Net Income (TTM) (Millions $) 84
  Cash Flow (TTM) (Millions $) -18
  Capital Exp. (TTM) (Millions $) -7


    MBWM's Profitability Comparisons
Mercantile Bank faced margin deterioraten, primarily through cost control. Operating Margin fell in III. Quarter 2023 to 47.33 % from 47.69 % in II. Quarter.

Mercantile Bank net profit margin of 37.98 % is currently ranking no. 24 in Regional Banks industry, ranking no. 127 in Financial sector and number 260 in S&P 500.





  Ratio
   Capital Ratio (MRQ) 1.12
  Total Debt to Equity (MRQ) 0.63
  Tangible Leverage Ratio (MRQ) 20.62
  Asset Turnover Ratio (TTM) 0.04
  Inventory Turnover Ratio (TTM) -



Mercantile Bank faced margin deterioraten, primarily through cost control. Operating Margin fell in III. Quarter 2023 to 47.33 % from 47.69 % in II. Quarter.

Mercantile Bank net profit margin of 37.98 % is currently ranking no. 24 in Regional Banks industry, ranking no. 127 in Financial sector and number 260 in S&P 500.

More on MBWM's Key Ratios





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