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Mercantile Bank Corporation MBWM
$ 45.66 1.76%

Quarterly report 2024-Q3
added 11-01-2024

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Mercantile Bank Corporation Financial Statements 2011-2024 | MBWM

Annual Financial Statements Mercantile Bank Corporation

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011

Market Cap

583 M 543 M 560 M 429 M 549 M 557 M 580 M 526 M 371 M 257 M 178 M 142 M 98.9 M

Shares

16 M 15.9 M 16 M 16.3 M 16.4 M 16.6 M 16.5 M 16.3 M 16.6 M 13.5 M 8.71 M 8.63 M 8.6 M

Historical Prices

36.4 34.2 35 26.4 34 24.8 30.3 31.1 19.7 16.5 15.1 11.3 6.65

Net Income

82.2 M 61.1 M 59 M 44.1 M 49.5 M 42 M 31.3 M 31.9 M 27 M 17.3 M 17 M 12.5 M 37.5 M

Revenue

- - - - 151 M 139 M 129 M 127 M 117 M 87.8 M 54.3 M 54.7 M 58.5 M

Cost of Revenue

68.8 M 65.1 M 66.4 M 59.8 M 53.8 M 50.9 M 45.4 M 43.5 M 42.6 M 33.7 M 20.3 M 19.4 M 17.9 M

Gross Profit

- - - - - - - - - - - - -

Operating Income

- - - - - - - - - - - - -

Interest Expense

77.8 M 23.6 M 19.4 M 26.1 M 33.8 M 21.9 M 15.8 M 12.6 M 11.2 M 11.3 M 10.8 M 13.2 M 19.8 M

EBITDA

11.5 M 12.9 M 13.7 M 9.42 M - - - - - - - - -

Operating Expenses

- - - - 125 M 109 M 98 M 93 M 90 M 69 M 39 M 50 M 68 M

General and Administrative Expenses

- - - - 63.3 M 60.4 M 54.6 M 52.7 M 52 M 40.8 M 24.5 M 29.6 M 23.5 M

All numbers in USD currency

Quarterly Income Statement Mercantile Bank Corporation

2024-Q3 2024-Q2 2024-Q1 2023-Q4 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

Shares

16.1 M 16.1 M 16.1 M 16.1 M 16 M 16 M 16 M 16 M 15.9 M 15.8 M 15.8 M 15.8 M 15.9 M 16.1 M 16.3 M 16.3 M 16.2 M 16.2 M 16.4 M 16.4 M 16.4 M 16.4 M 16.4 M 16.5 M 16.6 M 16.6 M 16.6 M 16.6 M 16.5 M 16.5 M 16.4 M 16.4 M 16.3 M 16.2 M 16.3 M 16.4 M 16.4 M 16.8 M 16.9 M 17 M 16.9 M 11.4 M 8.74 M 8.74 M 8.71 M 8.71 M 8.71 M 8.71 M 8.62 M 8.61 M 8.61 M 8.61 M 8.6 M 8.6 M 8.6 M

Net Income

19.6 M 18.8 M 21.6 M - 20.9 M 20.4 M 21 M - 16 M 11.7 M 11.5 M 11.6 M 15.1 M 18.1 M 14.2 M 14.1 M 10.7 M 8.7 M 10.7 M 13.3 M 12.6 M 11.7 M 11.8 M 11.6 M 10.1 M 9.45 M 10.9 M 7.98 M 8.34 M 7.34 M 7.62 M 8.08 M 7.84 M 7.43 M 8.55 M 6.48 B 7.34 M 6.56 M 6.65 M 6.29 M 5.95 M 1.51 M 3.58 M 5.16 M 3.45 M 4.02 M 4.4 M 3.05 M 2.62 M 3.99 M 2.88 M 30 M 3.02 M 2.72 M 1.42 M

Revenue

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Cost of Revenue

20.3 M 17.9 M 18.2 M - 17.3 M 16.5 M 16.7 M - 16.7 M 15.7 M 15.5 M - 16 M 16.2 M 15.1 M - 16.7 M 14.1 M 13.5 M - 13.7 M 13.3 M 13 M - 12.9 M 12.8 M 12.3 M - 11.6 M 10.9 M 11.3 M - 11.2 M 10.8 M 11 M - 10.7 M 11.1 M 10.1 M - 10.7 M 7.04 M 5.23 M - 5.26 M 4.98 M 4.86 M - 4.85 M 4.86 M 4.69 M - 4.64 M 4.36 M 4.37 M

Gross Profit

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Operating Income

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Interest Expense

48.3 M 47.1 M 29.4 M - 49 M 47.6 M 12.1 M - 5.75 M 5.22 M 5 M 32.5 M 4.76 M 4.9 M 5.25 M 31.8 M 6.08 M 6.59 M 7.62 M 31.2 M 8.71 M 8.7 M 7.99 M 30.8 M 5.65 M 5.09 M 4.78 M 28.4 M 4.39 M 3.71 M 3.2 M 26.4 M 3.26 M 3.05 M 3.01 M 25.7 B 2.88 M 2.62 M 2.74 M 25.2 M 2.91 M 2.93 M 2.52 M 12.7 M 2.67 M 2.68 M 2.76 M 11.7 M 3.18 M 3.42 M 3.68 M 12.3 M 4.75 M 5.3 M 5.71 M

EBITDA

1.5 M 1.5 M 2.77 M - 1.5 M 1.4 M 3.05 M - 1.5 M 1.5 M 3.46 M - 10.2 M 1.4 M 3.46 M - 6.26 M 3.38 M 982 K - 7 M 4.72 M 2.18 M - 7.34 M 4.93 M 2.48 M - 7.82 M 5.35 M 2.55 M - 6.73 M 4.28 M 2.77 M - 8.6 M 5.59 M 2.83 M - 4.73 M 1.97 M 512 K - 1.63 M 1.09 M 553 K - 1.67 M 1.09 M 510 K - 1.69 M 1.15 M 575 K

Operating Expenses

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

General and Administrative Expenses

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

All numbers in USD currency