MERCANTILE BANK CORP (MBWM)
Comprehensive financial analysis for MERCANTILE BANK CORP (MBWM) based on SEC EDGAR filings. Data updated daily from official 10-K and 10-Q reports.
Company Information
- Legal Name
- MERCANTILE BANK CORP
- Ticker Symbol
- MBWM
- Exchange
- NASDAQ
- CIK Number
- 0001042729
- SIC Code
- 6022
- Industry
- State Commercial Banks
- Also Known As
- Mercantile Bank
- Shares Outstanding
- 17.3M
Profitability & Efficiency Metrics
- Return on Equity (ROE)
- 13.22%
- Return on Average Assets (ROAA)
- 1.39%
- Efficiency Ratio
- 58.1%
- Deposits to Assets
- 78.0%
- Loans to Deposits
- 87.8%
Valuation Metrics
- Book Value Per Share (BVPS)
- $42.66
- Graham Number
- $73.19
Capital & Balance Sheet
- Equity to Assets
- 10.61%
- Loans to Assets
- 68.5%
- Total Assets
- $6.95B
- Total Deposits
- $5.42B
- Total Equity
- $736.9M
TTM Performance
- Net Income (TTM)
- $91.9M
- Net Interest Income (TTM)
- $208.4M
- Earnings Per Share (TTM)
- $5.58
- Dividend Per Share (TTM)
- $1.50
- Dividend Payout Ratio
- 26.9%
SEC Filing Data
All financial data for MERCANTILE BANK CORP is sourced directly from SEC EDGAR filings including 10-K annual reports and 10-Q quarterly statements. Metrics are calculated using trailing twelve month (TTM) methodology with data through 2026-03-31.
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