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MBWM Stock Forecast, Price Targets, Chart, Dividends & Analysis

Mercantile Bank Corporation logo

Mercantile Bank Corporation

Sector: Financial Services   

Industry: Banks - Regional - US

41.69
 
USD
  
-0.43
  
(-1.02%)
Previous close: 42.12  Open: 41.76  Bid: 16.65  Ask: 66.46
52 week range    
30.35   
   51.21
Mkt Cap: 670 M  Avg Vol (90 Days): 65,694
Peers   
IBCP / 
MCBC / 
FITB / 
LTBR / 
Last updated: Friday 11th October 2024

Stock Rankings

30
Technical
60
Quality
How are these ranks calculated?
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Metrics

Peers

StockDividendMarket Cap (B)PEPrice ($)

FITB

0.035228 B13.2342.67

IBCP

0.03011 B10.1132.05

LTBR

0 B3.13

MCBC

0.02431 B12.3714.82

SRCE

0.02461 B11.3858.98
Financials

MBWM Income Statement

Annual
Dec-14Dec-15Dec-16Dec-17Dec-18Dec-19Dec-20Dec-21Dec-22Dec-23
Basic EPS from continuing operations1.281.631.961.92.533.012.713.693.855.13
Basic EPS total1.281.631.961.92.533.012.713.693.855.13
Basic weighted shares outstanding14 M17 M16 M16 M17 M16 M16 M16 M16 M16 M
CreditCard46 M
CreditLossesProvision3 M1000000.03 M3 M1 M2 M14 M4 M7 M8 M
Depreciation-2 M-3 M-3 M-3 M-4 M4 M5 M6 M6 M6 M
DepreciationAndAmortization-2 M-3 M-3 M-3 M-4 M4 M5 M6 M6 M6 M
Diluted EPS total1.281.621.961.92.533.012.713.693.855.13
Diluted normalized net income/share1.281.621.961.92.533.012.713.693.855.13
Diluted weighted shares outstanding14 M17 M16 M16 M17 M16 M16 M16 M16 M16 M
DividendIncome60 M
Dividends paid per share1.181.261.34
Equipment2 M2 M2 M2 M2 M3 M3 M4 M4 M3 M
FeesAndCommissions32 M11 M12 M2 M2 M8 M29 M30 M9 M8 M
GainOnSaleOfBusiness47 M1 M
GeneralAndAdministrativeExpense11 M16 M14 M15 M15 M225000.01 M2 M1 M2 M
Income before tax25 M39 M47 M46 M52 M60 M55 M74 M76 M103 M
Income restructuring and M&A5 M
Income taxes9 M14 M16 M16 M11 M11 M11 M15 M15 M20 M
InsuranceAndClaims11 M16 M14 M15 M15 M225000.01 M2 M1 M2 M
Interest expense-11 M-11 M-13 M-16 M-22 M34 M26 M19 M24 M78 M
InterestExpenseForCapitalizedLeaseObligations600000.01 M1 M2 M
InterestExpenseForDeposit8 M8 M8 M9 M14 M21 M15 M9 M10 M55 M
InterestExpenseForFederalFundsSoldAndSecuritiesPurchaseUnderAgreementsToResell-40 M-20 M
InterestExpenseForLongTermDebt3 M3 M5 M6 M8 M12 M11 M10 M13 M20 M
InterestExpenseForLongTermDebtAndCapitalSecurities3 M3 M5 M6 M8 M12 M11 M10 M13 M20 M
InterestExpenseForShortTermDebt122000.0157000.0211000.0190000.0273000.0295000.0173000.0170000.0294000.03 M
InterestIncome89 M112 M118 M126 M142 M158 M148 M143 M182 M271 M
InterestIncomeAfterProvisionForLoanLoss78 M101 M100 M104 M118 M123 M108 M120 M152 M186 M
InterestIncomeFromDeposits234000.0215000.0401000.01 M1 M2 M876000.0933000.05 M6 M
InterestIncomeFromFederalFundsSoldAndSecuritiesPurchaseUnderAgreementsToResell124000.0
InterestIncomeFromInvestmentSecurities8 M8 M9 M8 M61 M10 M10 M8 M10 M13 M
InterestIncomeFromLoans81 M143 M109 M117 M132 M146 M137 M135 M167 M253 M
InterestIncomeFromLoansAndLease81 M143 M109 M117 M132 M146 M137 M135 M167 M253 M
InterestIncomeFromSecurities8 M8 M9 M54 M61 M10 M10 M8 M10 M13 M
Net income from total operations17 M27 M32 M96 M42 M49 M44 M59 M61 M82 M
NetIncomeCommonStockholders37 M64 M79 M96 M113 M49 M44 M59 M61 M82 M
NetIncomeContinuousOperations17 M27 M32 M96 M42 M49 M44 M59 M61 M82 M
NetInterestIncome81 M102 M103 M107 M119 M125 M122 M124 M158 M194 M
NetOccupancyExpense5 M6 M6 M6 M7 M7 M8 M8 M8 M9 M
NonInterestExpense-66 M-79 M-77 M-80 M-86 M89 M99 M111 M108 M115 M
NonInterestIncome10 M16 M21 M19 M19 M27 M45 M56 M32 M32 M
Normalized income31 M
OccupancyAndEquipment6 M8 M8 M8 M9 M10 M11 M12 M12 M13 M
Other special charges-24 M-38 M-35 M-42 M-50 M
OtherCustomerServices2 M4 M4 M2 M2 M
OtherGandA11 M16 M14 M15 M15 M225000.01 M2 M1 M2 M
OtherInterestExpense-11 M-11 M-13 M-16 M-22 M-125 M-122 M19 M24 M78 M
OtherNonInterestExpense6 M10 M8 M9 M9 M24 M25 M22 M25 M29 M
OtherNonInterestIncome3 M5 M9 M36 M36 M18 M16 M25 M23 M25 M
PromotionAndAdvertising1 M1 M2 M2 M2 M1 M1 M1 M1 M2 M
Revenue per share-1 M-2 M-2 M-2 M-2 M2 M3 M4 M3 M3 M
SalariesAndWages34 M43 M44 M45 M51 M54 M60 M66 M65 M69 M
SecuritiesActivities27 M4 M4 M8 M8 M29 M30 M9 M8 M
Selling Gen & administrative expense46 M60 M59 M62 M67 M56 M62 M69 M68 M73 M
SellingAndMarketingExpense1 M1 M2 M2 M2 M1 M1 M1 M1 M2 M
ServiceChargeOnDepositorAccounts3 M3 M4 M4 M
Special income/charges-12 M-10 M-8 M-9 M-9 M-24 M-25 M-22 M-25 M-29 M
Total common shares outstanding17 M16 M16 M17 M16 M16 M16 M16 M16 M16 M
Total net income17 M27 M32 M96 M42 M49 M44 M59 M61 M82 M
Total ordinary shares16 M16 M16 M16 M16 M16 M16 M16 M16 M16 M
Total revenues91 M118 M124 M126 M138 M151 M167 M180 M190 M226 M
TotalRevenue91 M118 M124 M126 M138 M151 M167 M180 M190 M226 M
TrustFeesbyCommissions47 M
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