Trade

with

Mercantile Bank Corp
(NASDAQ: MBWM)
AdChoices
19.47
-0.40
-2.01%
After Hours :
19.47
0.00
0.00%

Open

20.06

Previous Close

19.87

Volume (Avg)

28.70k (29.06k)

Day's Range

19.23-20.23

52Wk Range

18.26-24.34

Market Cap.

328.10M

Dividend Rate (Yield )

0.48 (2.47%)

Beta

0.66

Shares Outstanding

16.85M

P/E Ratio (EPS)

13.37 (1.46)

AdChoices
Fundamentals
  • Key statistics
  • Growth
  • Profitability
  • Financial health
  • Price ratios
  • Trading statistics
Industry Banks – Regional – US
Highlights
Analyst Recommendation: Hold
    • Revenue

    • 54.33M

    • Net Income

    • 17.03M

    • Market Cap.

    • 328.10M

    • Enterprise Value

    • -

    • Net Profit Margin %

    • 23.48

    • PEG (Price/Earnings Growth) Ratio

    • 1.40

    • Beta

    • 0.66

    • Forward P/E

    • 11.10

    • Price/Sales

    • 3.14

    • Price/Book Value

    • 1.04

    • Price/Cash flow

    • 23.20

      • EBITDA

      • 27.33M

      • Return on Capital %

      • 0.65

      • Return on Equity %

      • 5.87

      • Return on Assets %

      • 0.65

      • Book Value/Share

      • 18.76

      • Shares Outstanding

      • 16.85M

      • Last Split Factor (Date)

      • -

      • Last Dividend (Ex-Date)

      • 0.12 (9/10/2014)

      • Dividend Declaration Date

      • 7/22/2014

      Analyst Recommendation
      10/17/2014
      Hold
        • 1 Year Price Target

        • 22.25

        • Credit Rating

        • -

        • Analysts

        • 2

        • EPS Estimate

        • 1.76

        • Cashflow Estimate

        • -

        Morningstar Consensus estimate data
        • Growth Rate (%)

        • Company

        • Industry

          • Sales (Revenue)

            Q/Q (last year)

          • 36.40

          • -0.66

          • Net Income

            YTD/YTD (last year)

          • 35.90

          • 7.93

          • Net Income

            Q/Q (last year)

          • -62.40

          • -2.61

          • Sales (Revenue)

            5-Year Annual Average

          • 0.31

          • -11.83

          • Net Income

            5-Year Annual Average

          • -

          • 6.49

          • Dividends

            5-Year Annual Average

          • 7.74

          • 33.22

          • Profit Margins (%)

          • Company

          • Industry

            • Gross Margin

            • -

            • -

            • Pre-Tax Margin

            • 35.80

            • 36.31

            • Net Profit Margin

            • 23.48

            • 25.32

            • Average Gross Margin

              5-Year Annual Average

            • -

            • -

            • Average Pre-Tax Margin

              5-Year Annual Average

            • -0.50

            • 25.85

            • Average Net Profit Margin

              5-Year Annual Average

            • 0.40

            • 127.78B

            • Financial Ratios

            • Company

            • Industry

              • Debt/Equity Ratio

              • 0.40

              • 0.74

              • Current Ratio

              • -

              • -

              • Quick Ratio

              • -

              • -

              • Interest Coverage

              • -

              • -

              • Leverage Ratio

              • 9.11

              • 8.88

              • Book Value/Share

              • 18.76

              • 19.98

              • Price Ratios

              • Company

              • Industry

                • Current P/E Ratio

                • 13.55

                • 14.75

                • P/E Ratio 5-Year High

                • 16.72

                • 1,590.26

                • P/E Ratio 5-Year Low

                • 2.06

                • 247.77

                • Price/Sales Ratio

                • 3.18

                • 3.10

                • Price/Book Value

                • 1.05

                • 1.21

                • Price/Cash Flow Ratio

                • 23.20

                • 7.71

                • Key Metrics

                • Company

                • Industry

                  • Return on Equity %

                    (5-Year Average)

                  • 5.87

                    (-0.10)

                  • 11.32

                    (9.64)

                  • Return on Assets %

                    (5-Year Average)

                  • 0.65

                    (0.20)

                  • 1.26

                    (0.99)

                  • Return on Capital %

                    (5-Year Average)

                  • 6.30

                    (9.40)

                  • 5.43

                    (3.93)

                  • Income/Employee

                  • 51.14k

                  • 57.85k

                  • Inventory Turnover

                  • -

                  • -

                  • Asset Turnover

                  • 0.03

                  • 0.05

                  Current Historical
                  Financials
                  • Income Statement
                  • Balance Sheet
                  • Cash Flow
                  Operating Income
                  25.12M
                  Operating Margin
                  46.25
                  Total Equity
                  -
                  Retained Earnings
                  -
                  Free Cashflow
                  -
                  Price/Cashflow
                  23.20
                  Ownership

                  Institutional Ownership

                  44.53%

                  Top 10 Institutions

                  34.09%

                  Mutual Fund Ownership

                  12.25%

                  Float

                  96.45%

                  5% / Insider Ownership

                  3.87%

                  Corporate insiders or major stockholders reporting trading activity in the stock.

                  Top Mutual Fund Owners

                  Top Institutional Owners

                  Mutual Fund Name

                  Institution Name

                  • Mutual Fund Name

                  • Shares Held

                  • % Change

                  • % Outstanding

                  • iShares Russell 2000 (AU)

                  •  

                    270,072

                  • 3.58

                  • 1.67

                  • Vanguard Total Stock Mkt Idx

                  •  

                    223,978

                  • 0.00

                  • 1.33

                  • DFA US Small Cap Value II Portfolio

                  •  

                    198,314

                  • 0.00

                  • 1.18

                  • Vanguard Extended Market Index Fund

                  •  

                    163,529

                  • 0.00

                  • 0.97

                  • iShares Russell 2000 Value

                  •  

                    113,240

                  • 0.87

                  • 0.70

                  • CREF Stock

                  •  

                    61,411

                  • 0.00

                  • 0.36

                  • DFA U.S. Micro Cap Portfolio

                  •  

                    49,248

                  • 1.09

                  • 0.29

                  • Wellington Small Cap 2000

                  •  

                    48,760

                  • 124.01

                  • 0.29

                  • Fidelity Spartan® Extended Mkt Indx Fd

                  •  

                    45,988

                  • 0.00

                  • 0.27

                  • Institution Name

                  • Shares Held

                  • % Change

                  • % Outstanding

                  • Wellington Management Company, LLP

                  •  

                    1,615,562

                  • +9.09%

                  • 9.59

                  • Banc Funds Co LLC

                  •  

                    1,178,825

                  • +4.46%

                  • 7.00

                  • Dimensional Fund Advisors, Inc.

                  •  

                    609,920

                  • +1.78%

                  • 3.62

                  • Renaissance Technologies Corp

                  •  

                    497,415

                  • -3.26%

                  • 2.95

                  • Vanguard Group, Inc.

                  •  

                    427,305

                  • +4.29%

                  • 2.54

                  • BlackRock Fund Advisors

                  •  

                    422,741

                  • +68.73%

                  • 2.51

                  • North Star Asset Management Inc

                  •  

                    314,007

                  • +0.53%

                  • 1.86

                  • State Street Corp

                  •  

                    187,682

                  • +58.32%

                  • 1.11

                  • Northern Trust Investments, N.A.

                  •  

                    180,833

                  • +74.33%

                  • 1.07

                  Company Profile

                  Sector

                  Financial Services

                  Industry

                  Banks – Regional – US

                  Type

                  Cyclical

                  Style

                  Small Value

                  Mercantile Bank Corp was organized on July 15, 1997, under the laws of the State of Michigan. The Company is a state banking company that operates under the laws of the State of Michigan, pursuant to a charter issued by the Michigan ...moreOffice of Financial and Insurance Regulation. Its deposits are insured to the maximum extent permitted by law by the Federal Deposit Insurance Corporation (FDIC). The Company, through its seven offices provides commercial banking services mainly to small- to medium-sized businesses and retail banking services in and around the Grand Rapids, Holland and Lansing areas. It makes secured and unsecured commercial, construction, mortgage and consumer loans, and accepts checking, savings and time deposits. It owns eight automated teller machines, located at each of its seven of...morefice locations and one at an off-site location, that participate in the ACCEL/EXCHANGE and PLUS regional network systems, as well as other ATM networks throughout the country. It also enables customers to conduct certain loan and deposit transactions by personal computer and through mobile applications. The Company competes for deposits, loans and other financial services with numerous Michigan-based and national and regional banks, savings banks, thrifts, credit unions and other financial institutions as well as from other entities that provide financial services.lessless

                  Key People

                  Michael H. Price

                  CEO/CEO, Subsidiary/Chairman of the Board, Subsidiary/Director/President

                  Thomas R. Sullivan

                  Chairman of the Board/Director/Vice Chairman, Subsidiary

                  Charles E. Christmas

                  CFO/CFO, Subsidiary/Chief Accounting Officer/Senior VP/Senior VP, Subsidiary/Treasurer

                  Samuel G. Stone

                  Executive VP, Divisional/Executive VP, Subsidiary

                  Robert B. Kaminski

                  COO/COO, Subsidiary/Executive VP/Executive VP, Subsidiary/Secretary/Secretary, Subsidiary

                  • Mercantile Bank Corp

                  • 310 Leonard Street North West

                  • Grand Rapids, MI 49504

                  • USA.Map

                  • Phone: +1 616 406-3000

                  • Fax: -

                  • mercbank.com

                  Incorporated

                  1997

                  Employees

                  268

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