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Mercantile Bank Corp
Previous close
$51.54
Day range
$48.54 - $50.66
Year range
$37.76 - $55.46
Market cap
869.26M USD
Avg Volume
96.41K
P/E ratio
9.21
Dividend yield
3.10%
Primary exchange
NASDAQ
Market news
Financials
Income Statement
Revenue
Net income
| (USD) | Dec 2025info | Y/Y change |
|---|---|---|
Revenue | 61.77M | 9.65% |
Operating expense | 32.06M | 5.79% |
Net income | 22.84M | 16.38% |
Net profit margin | 36.98 | 6.14% |
Earnings per share | 1.40 | 14.75% |
EBITDA | — | — |
Effective tax rate | 12.31% | — |
Balance Sheet
Total assets
Total liabilities
| (USD) | Dec 2025info | Y/Y change |
|---|---|---|
Cash and short-term investments | 496.54M | 18.28% |
Total assets | 6.84B | 12.94% |
Total liabilities | 6.11B | 11.75% |
Total equity | 724.88M | — |
Shares outstanding | 17.27M | — |
Price to book | 1.22 | — |
Return on assets | 1.39% | — |
Return on capital | — | — |
Cash Flow
Net change in cash
| (USD) | Dec 2025info | Y/Y change |
|---|---|---|
Net income | 22.84M | 16.38% |
Cash from operations | 5.65M | -90.56% |
Cash from investing | 7.96M | 107.73% |
Cash from financing | -17.30M | -116.08% |
Net change in cash | -3.70M | -105.73% |
Free cash flow | — | — |
About
Founded
1997
Headquarters
Website
Employees
765
