MBWM
MBWM
NASDAQ · Banking

Mercantile Bank Corp

$54.71
-0.22 (-0.40%)
As of Feb 8, 1:44 PM ET ·
Income Statement
FY 2026 FY 2025 FY 2025 FY 2024 FY 2023
Revenue 206.18M 196.88M 290.27M 285.60M 248.93M
Net Income 93.91M 80.71M 59.16M 54.32M 47.00M
EPS
Profit Margin 32.1% 30.5% 20.4% 19.0% 18.9%
Rev Growth +4.7% +4.7% +1.1% +15.5% +17.7%
Balance Sheet
FY 2026 FY 2025 FY 2025 FY 2024 FY 2023
Total Debt 167.92M 167.92M 399.47M 483.96M 516.51M
Total Equity 302.07M 302.07M 685.92M 748.45M 647.83M
D/E Ratio 0.56 0.56 0.58 0.65 0.80
Cash Flow
FY 2026 FY 2025 FY 2025 FY 2024 FY 2023
EBITDA 109.50M 99.34M 89.47M 103.71M 89.98M
Free Cash Flow 66.63M 68.49M 48.25M