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Mercantile Bank Corp
Previous close
$48.34
Day range
$47.54 - $48.31
Year range
$37.76 - $52.98
Market cap
775.38M USD
Avg Volume
54.33K
P/E ratio
9.49
Dividend yield
3.19%
Primary exchange
NASDAQ
Market news
Financials
Income Statement
Revenue
Net income
| (USD) | Jun 2025info | Y/Y change |
|---|---|---|
Revenue | 59.34M | 11.43% |
Operating expense | 33.38M | 12.26% |
Net income | 22.62M | 20.40% |
Net profit margin | 38.12 | 8.05% |
Earnings per share | 1.39 | 18.80% |
EBITDA | — | — |
Effective tax rate | 12.88% | — |
Balance Sheet
Total assets
Total liabilities
| (USD) | Jun 2025info | Y/Y change |
|---|---|---|
Cash and short-term investments | 322.01M | 41.36% |
Total assets | 6.18B | 10.33% |
Total liabilities | 5.55B | 9.86% |
Total equity | 631.52M | — |
Shares outstanding | 16.25M | — |
Price to book | 1.24 | — |
Return on assets | 1.47% | — |
Return on capital | — | — |
Cash Flow
Net change in cash
| (USD) | Jun 2025info | Y/Y change |
|---|---|---|
Net income | 22.62M | 20.40% |
Cash from operations | -7.80M | -185.66% |
Cash from investing | -95.26M | 38.71% |
Cash from financing | 13.68M | -87.18% |
Net change in cash | -89.39M | -125.72% |
Free cash flow | — | — |
About
Founded
1997
Headquarters
Website
Employees
692
