Trade

with

Mercantile Bank Corp
(NASDAQ: MBWM)
AdChoices
18.99
-0.24
-1.25%
After Hours :
18.99
0.00
0.00%

Open

19.35

Previous Close

19.23

Volume (Avg)

31.21k (28.85k)

Day's Range

18.95-19.35

52Wk Range

18.26-24.34

Market Cap.

324.05M

Dividend Rate (Yield )

0.48 (2.50%)

Beta

0.66

Shares Outstanding

16.85M

P/E Ratio (EPS)

13.21 (1.46)

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

    • 54.33M

    • Net Income

    • 17.03M

    • Market Cap.

    • 324.05M

    • Enterprise Value

    • -

    • Net Profit Margin %

    • 23.48

    • PEG (Price/Earnings Growth) Ratio

    • 1.37

    • Beta

    • 0.66

    • Forward P/E

    • 10.95

    • Price/Sales

    • 3.10

    • Price/Book Value

    • 1.03

    • Price/Cash flow

    • 22.68

      • 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 (12/10/2014)

      • Dividend Declaration Date

      • 10/21/2014

      Analyst Recommendation
      10/21/2014
      Hold
        • 1 Year Price Target

        • 21.75

        • Credit Rating

        • -

        • Analysts

        • 2

        • EPS Estimate

        • 1.68

        • 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

                • 13.25

                • 15.17

                • P/E Ratio 5-Year High

                • 16.72

                • 1,590.26

                • P/E Ratio 5-Year Low

                • 2.06

                • 247.77

                • Price/Sales Ratio

                • 3.11

                • 3.19

                • Price/Book Value

                • 1.03

                • 1.24

                • Price/Cash Flow Ratio

                • 22.68

                • 7.93

                • Key Metrics

                • Company

                  • Shares Short

                    as of -

                  • -

                  • Short Ratio

                    as of -

                  • -

                  • Short % of Float

                    as of -

                  • -

                  • Shares Short

                    prior month

                  • -

                  • Trailing Annual Dividend Yield

                  • -

                  • 5 Year Average Dividend Yield

                  • -

                  • Key Metrics

                  • Company

                    • Payout Ratio

                    • 32.96

                    • Dividend Date

                    • 10/21/2014

                    • Ex-Dividend Date

                    • 12/10/2014

                    • Last Split Factor

                      new per old

                    • -

                    • Last Split Date

                    • -

                    • 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
                      22.68
                      Ownership

                      Institutional Ownership

                      44.45%

                      Top 10 Institutions

                      34.09%

                      Mutual Fund Ownership

                      12.17%

                      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)

                      •  

                        264,620

                      • -1.02

                      • 1.59

                      • 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

                      •  

                        113,632

                      • 0.35

                      • 0.68

                      • 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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