48.63
48.63 (0%)
As of Feb 14, 2025
Mercantile Bank Corp [MBWM]
Source:
Company Overview
Mercantile Bank Corp is a state banking company that operates under the laws of the State of Michigan, pursuant to a charter issued by the Michigan Department of Insurance and Financial Services. Our bank’s deposits are insured to the maximum extent permitted by law by the Federal Deposit Insurance Corporation (“FDIC”).
| Country | United States |
| Headquarters | grand rapids, michigan |
| Phone Number | 616 406-3000 |
| Industry | finance |
| CEO | Robert B. Kaminski, Jr. |
| Website | www.mercbank.com |
Financial Year:
Financial Overview (Dollars in Millions)
| Revenue | $321.5 |
| Operating Profit | $191.1 |
| Net Income | $79.6 |
| Net Cash | $262.5 |
Profit Ratios
| Gross Margin | $321.5 |
| Operating Margin | 59.4 |
| Profit as % of Revenues | 403.9% |
| Profit as % of Assets | 1.4% |
| Profit as % of Stockholder Equity | 13.6% |
Management Effectiveness
| Return on Equity | 13.6% |
| Return on Assets | 1.3% |
| Turnover Ratio | 5.6% |
| EBITA | $191.1 |
Balance Sheet and Cash Flow Measures
| Total Assets | $6,052.2 |
| Total Liabilities | $5,467.6 |
| Operating Cash Flow | $101.1 |
| Investing Cash Flow | $-425.4 |
| Financing Cash Flow | $586.8 |
