Mercantile Bank Corporation (MBWM) Financials
MBWM Assets vs Liabilities
| Date | Assets | Liabilities |
|---|---|---|
| 2024-03-31 | 5.5 billion | 4.9 billion |
| 2023-12-31 | 5.4 billion | 4.8 billion |
| 2023-09-30 | 5.3 billion | 4.8 billion |
| 2023-06-30 | 5.1 billion | 4.7 billion |
MBWM Free Cash Flow and Stock based compensation
| Date | Free Cash Flow | Stock based compensation |
|---|---|---|
| 2024-03-31 | ? | ? |
| 2023-12-31 | -4.4 million | 879000 |
| 2023-09-30 | 35.0 million | 824000 |
| 2023-06-30 | 17.2 million | 828000 |
MBWM Net Income
| Date | Net Income |
|---|---|
| 2024-03-31 | 21.6 million |
| 2023-12-31 | 20.0 million |
| 2023-09-30 | 20.9 million |
| 2023-06-30 | 20.4 million |
MBWM Cash and Debt
| Date | Cash | Debt | Capital Lease |
|---|---|---|---|
| 2024-03-31 | 237.2 million | - | - |
| 2023-12-31 | 687.5 billion | - | - |
| 2023-09-30 | 656.9 million | - | - |
| 2023-06-30 | 678.1 billion | 138.1 million | - |
MBWM Shares Outstanding
MBWM Expenses
| Date | Capex | R&D | G&A | S&M |
|---|---|---|---|---|
| 2024-03-31 | - | - | 3.3 million | 21.5 million |
| 2023-12-31 | 4.0 million | - | 20.7 million | 1.6 million |
| 2023-09-30 | 1.5 million | - | 17.3 million | - |
| 2023-06-30 | 2.2 million | - | 16.5 million | - |
MBWM Cost of Revenue
| Date | Revenue | Cost of Revenue |
|---|---|---|
| 2024-03-31 | 87.6 million | 10.9 million |
| 2023-12-31 | 73.8 million | 65.9 billion |
| 2023-09-30 | 58.2 million | -12.9 million |
| 2023-06-30 | 55.2 million | -65.9 billion |
MBWM
List: Contenders
Price: $36.19
Dividend Yield: 3.88%
Forward Dividend Yield: 3.84%
Payout Ratio: 27.29%
Dividend Per Share: 1.40 USD
Earnings Per Share: 5.13 USD
P/E Ratio: 7.42
Exchange: NMS
Sector: Financial Services
Industry: Banks - Regional
Volume: 13616
Market Capitalization: 581.5 million
Average Dividend Frequency: 6
Years Paying Dividends: 25
DGR3: 5.93%
DGR5: 22.41%
DGR10: 25.20%
DGR20: 30.00%