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Mercantile Bank Corporation (MBWM)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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39.72+0.34 (+0.86%)
As of 11:49AM EDT. Market open.
Currency in USD

Valuation Measures4

Market Cap (intraday) 634.35M
Enterprise Value N/A
Trailing P/E 7.63
Forward P/E 8.42
PEG Ratio (5 yr expected) N/A
Price/Sales (ttm)2.76
Price/Book (mrq)1.18
Enterprise Value/Revenue N/A
Enterprise Value/EBITDA N/A

Trading Information

Stock Price History

Beta (5Y Monthly) 0.99
52-Week Change 360.47%
S&P500 52-Week Change 325.77%
52 Week High 342.82
52 Week Low 323.89
50-Day Moving Average 336.68
200-Day Moving Average 335.77

Share Statistics

Avg Vol (3 month) 375.27k
Avg Vol (10 day) 361.73k
Shares Outstanding 516.12M
Implied Shares Outstanding 616.16M
Float 815.62M
% Held by Insiders 13.31%
% Held by Institutions 160.96%
Shares Short (Apr 15, 2024) 4182.49k
Short Ratio (Apr 15, 2024) 42.59
Short % of Float (Apr 15, 2024) 41.17%
Short % of Shares Outstanding (Apr 15, 2024) 41.13%
Shares Short (prior month Mar 15, 2024) 4155.64k

Dividends & Splits

Forward Annual Dividend Rate 41.4
Forward Annual Dividend Yield 43.56%
Trailing Annual Dividend Rate 31.36
Trailing Annual Dividend Yield 33.45%
5 Year Average Dividend Yield 43.84
Payout Ratio 426.36%
Dividend Date 3Jun 19, 2024
Ex-Dividend Date 4Jun 06, 2024
Last Split Factor 2105:100
Last Split Date 3Apr 19, 2007

Financial Highlights

Fiscal Year

Fiscal Year Ends Dec 31, 2023
Most Recent Quarter (mrq)Mar 31, 2024

Profitability

Profit Margin 37.61%
Operating Margin (ttm)48.64%

Management Effectiveness

Return on Assets (ttm)1.60%
Return on Equity (ttm)16.50%

Income Statement

Revenue (ttm)220.18M
Revenue Per Share (ttm)13.72
Quarterly Revenue Growth (yoy)4.00%
Gross Profit (ttm)N/A
EBITDA N/A
Net Income Avi to Common (ttm)82.81M
Diluted EPS (ttm)5.16
Quarterly Earnings Growth (yoy)2.80%

Balance Sheet

Total Cash (mrq)266.89M
Total Cash Per Share (mrq)16.56
Total Debt (mrq)849.28M
Total Debt/Equity (mrq)N/A
Current Ratio (mrq)N/A
Book Value Per Share (mrq)33.28

Cash Flow Statement

Operating Cash Flow (ttm)88.78M
Levered Free Cash Flow (ttm)N/A