Facebook
Twitter
Telegram
Report an ErrorMercantile 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-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 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 |
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 |
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 |
29.4 M | - | 22.2 M | 18.4 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 |
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