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Mercantile Bank Corp

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Income Statement (MBWM)

itemDec 2023Sep 2023Jun 2023Mar 2023Dec 2022
gross Profit$73.80M$71.15M$65.91B$50.18M$58.46M
NET Income$20.03M$20.85M$20.35M$20.97M$21.80M
total Revenue$73.80M$58.20M$55.19M$55.33M$58.46M

Balance Sheet (MBWM)

itemDec 2023Sep 2023Jun 2023Mar 2023Dec 2022
cash Equivalents-----
net Debt-$69.57B$330.28M$398.21M$457.81M$349.07M
stockholders Equity$522.14M$483.21M$478.70M$467.37M$441.40M
total Assets$5.35B$5.25B$5.13B$4.89B$4.87B
total Debt$836.25M$596.26M$606.01M$515.75M$445.84M
total Liabilities$4.83B$4.76B$4.65B$4.42B$4.43B

Cash Flow (MBWM)

itemDec 2023Sep 2023Jun 2023Mar 2023Dec 2022
financing Cash Flow-$73.47M$218.64M$237.00K-$172.30M
free Cash Flow-$34.98M$17.23M$15.55M$36.21M
investing Cash Flow---$88.18M-$57.13M-$52.00M
operating Cash Flow-$36.44M$19.40M$18.06M$37.06M

Mercantile Bank Corp (MBWM) Financials

Mercantile Bank Corp (MBWM) is a financial institution that provides banking services to individuals and businesses. The company's income statement reflects its financial performance over a specific period of time. It shows the revenue generated by Mercantile Bank Corp (MBWM) from its various operations. The company's ebit, or earnings before interest and taxes, indicates its operating profitability. Similarly, ebitda, or earnings before interest, taxes, depreciation, and amortization, provides a measure of Mercantile Bank Corp (MBWM)'s operating performance without accounting for non-cash expenses. Gross profit represents the revenue remaining after deducting the cost of goods or services sold. Net income from stockholders reflects the profit or loss attributable to the bank's shareholders after all expenses and taxes have been accounted for. Total revenue represents the sum of all income generated by Mercantile Bank Corp (MBWM), including interest income, non-interest income, and other sources. The balance sheet provides a snapshot of the company's financial position at a specific point in time. It includes information on cash equivalents, which are highly liquid assets that can be easily converted into cash. Net debt represents the amount of debt that a company owes after subtracting its cash and cash equivalents. Stockholders' equity represents the residual interest in the company's assets after deducting liabilities. Total assets include all of Mercantile Bank Corp (MBWM)'s resources, including cash, investments, loans, and other assets. Total debt includes the amount of money that Mercantile Bank Corp (MBWM) owes to creditors. Total liabilities represent the company's obligations and debts. The cash flow statement provides information on the sources and uses of cash during a specific period. It includes the operating cash flow, which reflects the cash generated from the bank's primary operations. Financing cash flow represents the cash flows from activities such as issuing or repurchasing stock and paying dividends. Free cash flow is the amount of cash left after deducting capital expenditures from operating cash flow. Investing cash flow represents the cash flows from activities such as purchasing or disposing of assets.

Mercantile Bank Corp (MBWM) is focused on maintaining a strong financial position and providing quality banking services to its customers. The company's income statement, balance sheet, and cash flow statement provide valuable insights into its financial performance and stability. Mercantile Bank Corp (MBWM) aims to generate sustainable revenue and manage its expenses efficiently to maximize profitability. The company's ebit and ebitda reflect its ability to generate operating income and cash flows from its core business activities. Gross profit shows the profitability of Mercantile Bank Corp (MBWM)'s goods and services. Net income from stockholders is an essential metric for shareholders, as it indicates the return on their investment. Total revenue is a key measure of Mercantile Bank Corp (MBWM)'s success in generating income from various sources. The balance sheet illustrates the bank's financial position, with cash equivalents providing liquidity. Managing net debt is crucial to ensure the company's financial stability. Stockholders' equity represents the value attributed to shareholders and is an important indicator of the bank's financial health. Total assets and total liabilities help assess the bank's overall financial strength. The cash flow statement helps monitor the cash inflows and outflows, with operating, investing, and financing cash flows providing valuable information about the bank's financial activities. Mercantile Bank Corp (MBWM) strives to maintain a positive cash flow through its operations, investments, and financing activities. By carefully managing its finances and generating sufficient cash flow, Mercantile Bank Corp (MBWM) aims to support its growth and provide sustainable returns to its shareholders.

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