Mercantile Bank Corporation EBITDA 2011-2026 | MBWM

Earnings before Interest, Taxes, Depreciation, and Amortization (EBITDA), is an often used measure of a company's profitability. Financial analysts use EBITDA for a number of purposes including calculating simple valuations of a firm, estimating cash flows, and assessing debt servicing capability. The uses for EBITDA in financial analysis are numerous, but in practice should be more restrained. While EBITDA has some useful applications, it should be used with caution, as the problems with EBITDA are abundant and can lead to a number of misguided conclusions.^[1]

EBITDA is an important indicator for investors and analysts because it allows them to evaluate a company's operating profit without considering the impact of financial expenses, taxes, or non-cash depreciation and amortization. It provides better comparability between companies in different industries or with different tax conditions.

EBITDA is often used to assess a company's ability to generate cash flow and repay debts. It can also serve as a measure of a company's operational efficiency, as it shows how profitable the core business is, regardless of external factors such as interest or taxes.

However, it is important to note that EBITDA is not an official financial statement measure and can be defined and calculated differently by companies. Therefore, investors and analysts should exercise caution when using EBITDA as an evaluation tool and combine it with other financial metrics and information to get a more complete picture of a company's financial condition.

Annual EBITDA Mercantile Bank Corporation

2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
10.5 M	11.5 M	12.9 M	13.7 M	9.42 M	-	-	-	-	-	-	-	-	-

All numbers in USD currency

Indicator range from annual reports

Maximum	Minimum	Average
13.7 M	9.42 M	11.6 M

Quarterly EBITDA Mercantile Bank Corporation

2025-Q3	2025-Q2	2025-Q1	2024-Q4	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
1.3 M	1.3 M	1.65 M	-	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

All numbers in USD currency

Indicator range from quarterly reporting

Maximum	Minimum	Average
10.2 M	510 K	3.12 M

References

Brockman, C. M., & Russell, J. W. (2012). EBITDA: use it... or lose it?. International Journal of Business, Accounting and Finance, 6(2), 84-93.

EBITDA of other stocks in the Banks regional industry

Issuer	EBITDA	Price	% 24h	Market Cap	Country
Ameris Bancorp ABCB	29.7 M	$ 75.97	0.92 %	$ 5.2 B	USA
Signature Bank SBNY	400 M	-	-	$ 4.41 B	USA
Allegiance Bancshares ABTX	7.55 M	-	-0.86 %	$ 1.51 B	USA
Atlantic Capital Bancshares ACBI	5.14 M	-	-1.48 %	$ 566 M	USA
First Midwest Bancorp, Inc. FMBI	27.7 M	-	-1.2 %	$ 2.26 B	USA
Banco Bradesco S.A. BBDO	571 M	$ 3.25	-	$ 13.1 M	Brasil
Banco BBVA Argentina S.A. BBAR	14 B	$ 13.15	2.61 %	$ 450 B	Argentina
C&F Financial Corporation CFFI	3.92 M	$ 72.75	-	$ 236 M	USA
Banco Santander-Chile BSAC	1.07 T	$ 31.62	0.35 %	$ 3.42 T	Chile
Ames National Corporation ATLO	1.29 M	$ 27.22	0.95 %	$ 242 M	USA
Bridgewater Bancshares BWB	2.47 M	$ 17.49	1.45 %	$ 482 M	USA
Auburn National Bancorporation AUBN	1.7 M	$ 23.55	-	$ 82.4 M	USA
Byline Bancorp BY	4.55 M	$ 30.86	1.01 %	$ 1.38 B	USA
Broadway Financial Corporation BYFC	424 K	$ 7.82	-	$ 66.2 M	USA
Cadence Bancorporation CADE	105 M	-	-	$ 5.43 B	USA
Brookline Bancorp BRKL	8 M	-	-	$ 974 M	USA
American National Bankshares AMNB	3.16 M	-	-	$ 508 M	USA
1895 Bancorp of Wisconsin BCOW	492 K	-	-6.47 %	$ 52 M	USA
CBM Bancorp CBMB	145 K	-	0.52 %	$ 61.6 M	USA
Berkshire Hills Bancorp BHLB	10 M	-	-0.65 %	$ 1.11 B	USA
Columbia Banking System COLB	141 M	$ 26.63	1.06 %	$ 6.34 B	USA
Chemung Financial Corporation CHMG	1.9 M	$ 53.3	-	$ 256 M	USA
Spirit of Texas Bancshares, Inc. STXB	121 M	-	-0.23 %	$ 446 M	USA
People's United Financial, Inc. PBCT	974 M	-	-	$ 8.34 B	USA
Citizens Holding Company CIZN	1.44 M	-	-5.65 %	$ 49.5 M	USA
Columbia Financial CLBK	8.6 M	$ 17.58	0.6 %	$ 1.79 B	USA
Bank of Marin Bancorp BMRC	1.3 M	$ 24.2	0.67 %	$ 386 M	USA
Comerica Incorporated CMA	96 M	-	-	$ 11.8 B	USA
Customers Bancorp CUBI	41.8 M	$ 67.54	1.75 %	$ 2.19 B	USA
Bankwell Financial Group BWFG	4.08 M	$ 47.73	1.48 %	$ 370 M	USA
Dime Community Bancshares DCOM	7.4 M	$ 32.39	0.61 %	$ 1.39 B	USA
The Bank of Princeton BPRN	17.3 M	$ 33.51	-	$ 226 M	USA
Capital City Bank Group CCBG	160 K	$ 43.04	0.94 %	$ 731 M	USA
American River Bankshares AMRB	10 M	-	2.00 %	$ 125 M	USA
Bank of Commerce Holdings BOCH	21.3 M	-	-1.56 %	$ 254 M	USA
Citizens Financial Group CFG	478 M	$ 57.25	1.58 %	$ 24.8 B	USA
CIT Group Inc. CIT	1.17 B	-	-1.4 %	$ 4.74 B	USA
Cullen/Frost Bankers CFR	87.8 M	$ 133.26	0.92 %	$ 8.54 B	USA
First Bancorp FBNC	6.79 M	$ 53.44	0.62 %	$ 2.2 B	USA
First BanCorp. FBP	18.6 M	$ 20.9	1.6 %	$ 3.44 B	Puerto-rico
First Foundation FFWM	4.37 M	$ 5.67	0.44 %	$ 468 M	USA
Eagle Bancorp Montana EBMT	5.32 M	$ 21.4	2.03 %	$ 167 M	USA
Emclaire Financial Corp EMCF	1.36 M	-	-4.21 %	$ 86.4 M	USA
Banco Macro S.A. BMA	90.4 B	$ 66.74	2.15 %	$ 14.4 M	Argentina
F.N.B. Corporation FNB	77 M	$ 16.18	0.94 %	$ 5.84 B	USA
Amerant Bancorp AMTB	6.69 M	$ 21.37	2.25 %	$ 889 M	USA
First Bank FRBA	12.2 M	$ 15.46	1.64 %	$ 307 M	USA
Bank First Corporation BFC	2.4 M	$ 137.01	0.53 %	$ 1.35 B	USA
Grupo Financiero Galicia S.A. GGAL	62.1 B	$ 41.47	1.48 %	$ 3.54 B	Argentina
ChoiceOne Financial Services COFS	3.61 M	$ 27.55	-	$ 384 M	USA