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Mercantile Bank Corp
Previous close
$50.53
Day range
$49.84 - $50.78
Year range
$33.50 - $52.98
Market cap
808.71M USD
Avg Volume
58.68K
P/E ratio
10.08
Dividend yield
2.88%
Primary exchange
NASDAQ
In the news
Financials
Income Statement
Revenue
Net income
| (USD) | Sep 2024info | Y/Y change |
|---|---|---|
Revenue | 56.86M | 3.56% |
Operating expense | 32.30M | 13.28% |
Net income | 19.62M | -5.93% |
Net profit margin | 34.50 | -9.16% |
Earnings per share | 1.22 | -6.15% |
EBITDA | — | — |
Effective tax rate | 20.11% | — |
Balance Sheet
Total assets
Total liabilities
| (USD) | Sep 2024info | Y/Y change |
|---|---|---|
Cash and short-term investments | 358.19M | 18.98% |
Total assets | 5.92B | 12.69% |
Total liabilities | 5.33B | 11.87% |
Total equity | 583.31M | — |
Shares outstanding | 16.14M | — |
Price to book | 1.40 | — |
Return on assets | 1.36% | — |
Return on capital | — | — |
Cash Flow
Net change in cash
| (USD) | Sep 2024info | Y/Y change |
|---|---|---|
Net income | 19.62M | -5.93% |
Cash from operations | -8.09M | -122.20% |
Cash from investing | -153.87M | -197.47% |
Cash from financing | 292.88M | 298.62% |
Net change in cash | 130.92M | 124.98% |
Free cash flow | — | — |
About
Founded
1997
Headquarters
Website
Employees
653
