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
- 17.2M
Profitability & Efficiency Metrics
- Return on Equity (ROE)
- 13.64%
- Return on Average Assets (ROAA)
- 1.41%
- Efficiency Ratio
- 56.0%
- Deposits to Assets
- 77.3%
- Loans to Deposits
- 90.2%
Valuation Metrics
- Book Value Per Share (BVPS)
- $42.19
- Graham Number
- $72.06
Capital & Balance Sheet
- Equity to Assets
- 10.61%
- Loans to Assets
- 69.7%
- Total Assets
- $6.84B
- Total Deposits
- $5.28B
- Total Equity
- $724.9M
TTM Performance
- Net Income (TTM)
- $88.8M
- Net Interest Income (TTM)
- $201.0M
- Earnings Per Share (TTM)
- $5.47
- Dividend Per Share (TTM)
- $1.50
- Dividend Payout Ratio
- 27.4%
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 2025-12-31.
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