Mercantile Bank Corp

General ticker "MBWM" information:

  • Sector: Financials
  • Industry: Banks
  • Capitalization: $796.5M

Mercantile Bank Corp follows the US Stock Market performance with the rate: 58.2%.

Estimated limits based on current volatility of 2.6%: low 44.64$, high 47.06$

Factors to consider:

  • Company pays dividends: last record date 2024-12-06, amount 0.36$ (Y3.17%)
  • Price in estimated range
  • Earnings for 9 months up through Q3 exceed our estimates

Stock Forecast*

* forecast is subjective and experimental, should not be used for any investment decisions

Long term estimates were made for the period from 2023-12-31 to 2025-12-30

  • 2023-12-31 to 2024-12-30 estimated range: [31.80$, 46.65$]
  • 2024-12-30 to 2025-12-30 estimated range: [39.54$, 55.58$]

Financial Metrics affecting the MBWM estimates:

  • Positive: Non-GAAP EPS, $ of 5.13 > 2.29
  • Positive: Operating profit margin, % of 47.11 > 19.51
  • Negative: Investing cash flow per share, $ of -24.72 <= -3.48
  • Positive: -0.25 < Return on assets ratio (scaled to [-100,100]) of 1.51

Similar symbols

Short-term MBWM quotes

Long-term MBWM plot with estimates

Financial data

YTD 2021-12-31 2022-12-31 2023-12-31
Operating Revenue $179.22MM $190.32MM $217.99MM
Operating Expenses $105.51MM $90.94MM $115.29MM
Operating Income $73.72MM $99.39MM $102.70MM
Non-Operating Income $0.00MM $-23.59MM $0.00MM
Interest Expense $19.43MM $23.59MM $77.81MM
Income(Loss) $73.72MM $75.79MM $102.70MM
Taxes $14.70MM $14.73MM $20.48MM
Profit(Loss) $59.02MM $61.06MM $82.22MM
Stockholders Equity $456.56MM $441.41MM $522.14MM
Assets $5,257.75MM $4,872.62MM $5,353.22MM
Operating Cash Flow $64.57MM $119.86MM $66.61MM
Capital expenditure $5.60MM $3.02MM $6.69MM
Investing Cash Flow $-495.51MM $-555.00MM $-395.93MM
Financing Cash Flow $780.09MM $-443.25MM $363.08MM
Earnings Per Share* $3.69 $3.85 $5.13

* EPS are Split Adjusted, recent splits may be reflected with a delay.