MBWM Mercantile Bank Corp
- Stocks
- Financial Services
- NASDAQ: MBWM
Price (delayed)
$45.16
Market cap
$734.01M
P/E Ratio
8.57
Dividend/share
$1.48
EPS
$5.27
Enterprise value
$995.13M
Relative Growth:
Rel. Growth:
79
Relative Strength:
Rel. Strength:
48
Relative Valuation:
Rel. Valuation:
81
Relative Profitability:
Rel. Profitability:
87
Based in Grand Rapids, Michigan, Mercantile Bank Corporation is the bank holding company for Mercantile Bank of Michigan. Mercantile provides banking services to businesses, individuals and governmental units, and differentiates
Highlights
MBWM's equity is up by 13% year-on-year and by 4.1% since the previous quarter
Mercantile Bank's net income has increased by 7% YoY and by 5% from the previous quarter
Key stats
What are the main financial stats of MBWM
Market
Valuations
Earnings
Shares outstanding
16.25M
Market cap
$734.01M
Enterprise value
$995.13M
Price to earnings (P/E)
8.57
Price to book (P/B)
1.12
Price to sales (P/S)
3.14
PEG
1.43
EV/EBIT
9.88
EV/EBITDA
9.26
EV/Sales
4.26
Revenue
$233.71M
Gross profit
$233.71M
Operating income
$100.68M
Net income
$85.54M
EBIT
$100.68M
EBITDA
$107.44M
Free cash flow
$65.06M
Per share
Balance sheet
Liquidity
EPS
$5.27
EPS diluted
$5.27
Free cash flow per share
$4
Book value per share
$40.47
Revenue per share
$14.38
TBVPS
$385.19
Total assets
$6.31B
Total liabilities
$5.65B
Debt
$738.14M
Equity
$657.63M
Working capital
N/A
Debt to equity
1.12
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
2.43
Margins
Efficiency
Dividend
EBITDA margin
46%
Gross margin
100%
Net margin
36.6%
Operating margin
43.1%
Return on assets
1.4%
Return on equity
13.8%
Return on invested capital
1.6%
Return on capital employed
N/A
Return on sales
43.1%
Dividend yield
3.28%
DPS
$1.48
Payout ratio
28.1%
MBWM stock price
How has the Mercantile Bank stock price performed over time
Intraday
-0.66%
1 week
3.06%
1 month
-1.27%
1 year
-11.73%
YTD
1.51%
QTD
0.36%
Financial performance
How have Mercantile Bank's revenue and profit performed over time
Revenue
$233.71M
Gross profit
$233.71M
Operating income
$100.68M
Net income
$85.54M
Gross margin
100%
Net margin
36.6%
Mercantile Bank's net income has increased by 7% YoY and by 5% from the previous quarter
MBWM's revenue is up by 5% year-on-year and by 2.3% since the previous quarter
The gross profit has increased by 5% YoY and by 2.3% QoQ
MBWM's operating margin is down by 4.4% year-on-year
Price vs fundamentals
How does MBWM's price correlate with its fundamentals
Growth
What is Mercantile Bank's growth rate over time
Valuation
What is Mercantile Bank stock price valuation
P/E
8.57
P/B
1.12
P/S
3.14
EV/EBIT
9.88
EV/EBITDA
9.26
EV/Sales
4.26
Mercantile Bank's EPS has increased by 6% YoY and by 4.8% from the previous quarter
The P/E is 4.1% lower than the last 4 quarters average of 9.0
MBWM's equity is up by 13% year-on-year and by 4.1% since the previous quarter
MBWM's P/B is 7% below its last 4 quarters average of 1.2
The price to sales (P/S) is 9% higher than the 5-year quarterly average of 2.9
MBWM's revenue is up by 5% year-on-year and by 2.3% since the previous quarter
Efficiency
How efficient is Mercantile Bank business performance
The ROA has increased by 8% from the previous quarter
The ROIC is up by 7% QoQ
MBWM's return on equity is down by 5% year-on-year but it is up by 2.2% since the previous quarter
Mercantile Bank's ROS has decreased by 4.4% YoY
Dividends
What is MBWM's dividend history
DPS
$1.48
Dividend yield
3.28%
Payout ratio
28.1%
Recent dividends
Special dividends are included in TTM DPS and yield
Financial health
How did Mercantile Bank financials performed over time
Mercantile Bank's total assets is 12% higher than its total liabilities
Mercantile Bank's total assets has increased by 7% YoY and by 2.1% QoQ
MBWM's total liabilities is up by 6% year-on-year
MBWM's debt is 12% more than its equity
The debt to equity has contracted by 16% YoY and by 4.3% from the previous quarter
MBWM's equity is up by 13% year-on-year and by 4.1% since the previous quarter
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.