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Mercantile Bank Corp
Previous close
$44.07
Day range
$44.17 - $45.50
Year range
$37.76 - $52.98
Market cap
738.89M USD
Avg Volume
65.59K
P/E ratio
8.62
Dividend yield
3.34%
Primary exchange
NASDAQ
In the news
Financials
Income Statement
Revenue
Net income
| (USD) | Sep 2025info | Y/Y change |
|---|---|---|
Revenue | 62.19M | 9.38% |
Operating expense | 33.84M | 4.77% |
Net income | 23.76M | 21.10% |
Net profit margin | 38.20 | 10.72% |
Earnings per share | 1.46 | 19.67% |
EBITDA | — | — |
Effective tax rate | 13.42% | — |
Balance Sheet
Total assets
Total liabilities
| (USD) | Sep 2025info | Y/Y change |
|---|---|---|
Cash and short-term investments | 502.12M | 40.18% |
Total assets | 6.31B | 6.61% |
Total liabilities | 5.65B | 5.94% |
Total equity | 657.63M | — |
Shares outstanding | 16.25M | — |
Price to book | 1.09 | — |
Return on assets | 1.52% | — |
Return on capital | — | — |
Cash Flow
Net change in cash
| (USD) | Sep 2025info | Y/Y change |
|---|---|---|
Net income | 23.76M | 21.10% |
Cash from operations | 23.10M | 385.63% |
Cash from investing | 63.63M | 141.35% |
Cash from financing | 94.22M | -67.83% |
Net change in cash | 180.95M | 38.22% |
Free cash flow | — | — |
About
Founded
1997
Headquarters
Website
Employees
683
