Equities

Mercantile Bank Corp

Mercantile Bank Corp

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  • Price (EUR)41.20
  • Today's Change0.600 / 1.48%
  • Shares traded200.00
  • 1 Year change+43.06%
  • Beta--
Data delayed at least 15 minutes, as of Sep 20 2024 07:06 BST.
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Inc stmt in USDIncome statement in USDView more

Year on year Mercantile Bank Corp grew revenues 41.88% from 213.92m to 303.50m while net income improved 34.64% from 61.06m to 82.22m.
Gross margin--
Net profit margin35.30%
Operating margin44.19%
Return on assets1.51%
Return on equity15.78%
Return on investment--
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Cash flow in USDView more

In 2023, Mercantile Bank Corp increased its cash reserves by 34.89%, or 33.76m. Cash Flow from Financing totalled 363.08m or 119.63% of revenues. In addition the company generated 66.61m in cash from operations while cash used for investing totalled 395.93m.
Cash flow per share5.74
Price/Cash flow per share8.15
Book value per share34.15
Tangible book value per share31.09
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Balance sheet in USDView more

Mercantile Bank Corp uses little or no debt in its capital structure.
Current ratio--
Quick ratio--
Total debt/total equity0.655
Total debt/total capital--
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Growth rates in USD

SmartText is unavailable
Div yield(5 year avg)3.50%
Div growth rate (5 year)7.58%
Payout ratio (TTM)26.76%
EPS growth(5 years)15.20
EPS (TTM) vs
TTM 1 year ago
1.75
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