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MBWM

Market Cap: $1.07B

MC

Mercantile Bank Corporation

MBWM

NASDAQ (NASDAQ Global Select)USD

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By Cashu Finance. Providing market news, analysis, and research for investors worldwide.

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Financials

Profitability

Gross Profit Margin67.99%

EBITDA Margin30.38%

EBIT Margin28.78%

Pre-tax Margin28.78%

Net Profit Margin24.79%

Earnings Yield8.94%

Valuation Multiples

Price / Book1.41

Price / Sales2.78

Price / Earnings10.87

PEG0.86

Forward PEG2.17

EV / Sales4.39

EV / EBITDA14.44

EV / Operating Cash Flow23.29

EV / Free Cash Flow24.70

Price / Free Cash Flow15.64

Price / Operating Cash Flow14.73

Cash Flow & Capital

Free Cash Flow / Share$3.95

Operating Cash Flow / Share$4.19

Free Cash Flow Yield6.39%

Capex / Revenue1.08%

Capex / Operating Cash Flow5.71%

Capex / Depreciation0.74

Stock Compensation / Revenue0.97%

Dividend Payout Ratio26.69%

Dividend Yield2.53%

Liquidity & Leverage

Current Ratio0.22

Quick Ratio0.22

Cash Ratio0.01

Debt / Assets0.10

Debt / Capital0.48

Debt / Equity0.91

Long-Term Debt / Capital0.38

Debt / Market Cap64.48%

Net Debt / EBITDA5.30

Solvency Ratio0.02

Financial Leverage9.03

Efficiency & Working Capital

Asset Turnover0.06

Fixed Asset Turnover6.32

Inventory Turnover0.00

Receivables Turnover0.00

Payables Turnover0.00

Days Sales Outstanding0

Days Inventory Outstanding0

Days Payables Outstanding0

Operating Cycle0

Cash Conversion Cycle0

Working Capital Turnover-0.09

Returns & Quality

Return on Equity13.25%

Return on Assets1.40%

Return on Invested Capital-2.41%

ROCE8.47%

Return on Tangible Assets1.42%

Operating Return on Assets1.61%

Income Quality0.76

Tax Burden0.86

Interest Burden1.00

Balance Sheet & Intrinsic Metrics

Enterprise Value$1.68B

Invested Capital$-4.17B

Working Capital$-4.32B

Tangible Asset Value$664.13M

Net Current Asset Value$-4.87B

Graham Number$73.7

Graham Net-Net-$282.14

Book Value / Share$43.76

Tangible Book Value / Share$38.48

Cash / Share$69.26

Financial Health Scores

Piotroski Score5

Altman Z-Score-0.46

Revenue$384.05M

EBIT$110.55M

Market Cap$1.07B

Working Capital$-4.32B

Retained Earnings$434.79M

Total Assets$6.82B

Total Liabilities$6.06B