Brett Hoover - Mercantile Bank Executive Officer
| MBWM Stock | USD 50.05 0.48 0.95% |
Executive
Brett Hoover is Executive Officer of Mercantile Bank
| Age | 53 |
| Address | 310 Leonard Street NW, Grand Rapids, MI, United States, 49504 |
| Phone | 616 406 3000 |
| Web | https://www.mercbank.com |
Mercantile Bank Management Efficiency
The company has return on total asset (ROA) of 0.0143 % which means that it generated a profit of $0.0143 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.15 %, meaning that it created $0.15 on every $100 dollars invested by stockholders. Mercantile Bank's management efficiency ratios could be used to measure how well Mercantile Bank manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Mercantile Bank's Return On Tangible Assets are very stable compared to the past year. As of the 29th of November 2024, Return On Assets is likely to grow to 0.02, while Return On Capital Employed is likely to drop 0.03. At this time, Mercantile Bank's Total Assets are very stable compared to the past year. As of the 29th of November 2024, Other Assets is likely to grow to about 13.5 M, while Non Current Assets Total are likely to drop about 3.9 B.Similar Executives
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Management Performance
| Return On Equity | 0.15 | |||
| Return On Asset | 0.0143 |
Mercantile Bank Leadership Team
Elected by the shareholders, the Mercantile Bank's board of directors comprises two types of representatives: Mercantile Bank inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Mercantile. The board's role is to monitor Mercantile Bank's management team and ensure that shareholders' interests are well served. Mercantile Bank's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Mercantile Bank's outside directors are responsible for providing unbiased perspectives on the board's policies.
| John Schulte, Senior Bank | ||
| Charles Christmas, CFO, Executive VP, Treasurer, CFO of Mercantile Bank of Michigan and Executive VP of Mercantile Bank of Michigan | ||
| Justin Karl, Executive Bank | ||
| Tara Randall, Senior Bank | ||
| Robert Worthington, COO, Senior Vice President General Counsel, Secretary | ||
| David Miller, Senior Bank | ||
| Douglas Ouellette, Senior Bank | ||
| Jeff Kaiser, Senior Department | ||
| Mark Augustyn, Senior Michigan | ||
| Scott Setlock, COO VP | ||
| Douglas Holtrop, Executive Bank | ||
| Raymond Reitsma, President of the Bank | ||
| Brett Hoover, Executive Officer | ||
| Sonali Allen, Senior Bank | ||
| Robert Kaminski, COO, Executive VP, Secretary, CEO of Mercantile Bank and President of Mercantile Bank of Michigan, COO Mercantile Bank of Michigan, Secretary of Mercantile Bank of West Michigan |
Mercantile Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Mercantile Bank a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.15 | |||
| Return On Asset | 0.0143 | |||
| Profit Margin | 0.36 % | |||
| Operating Margin | 0.43 % | |||
| Current Valuation | 1.27 B | |||
| Shares Outstanding | 16.14 M | |||
| Shares Owned By Insiders | 3.23 % | |||
| Shares Owned By Institutions | 63.96 % | |||
| Number Of Shares Shorted | 122.86 K | |||
| Price To Earning | 11.94 X |
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mercantile Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. To learn how to invest in Mercantile Stock, please use our How to Invest in Mercantile Bank guide.You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mercantile Bank. If investors know Mercantile will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mercantile Bank listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.07) | Dividend Share 1.4 | Earnings Share 4.96 | Revenue Per Share 13.795 | Quarterly Revenue Growth 0.036 |
The market value of Mercantile Bank is measured differently than its book value, which is the value of Mercantile that is recorded on the company's balance sheet. Investors also form their own opinion of Mercantile Bank's value that differs from its market value or its book value, called intrinsic value, which is Mercantile Bank's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mercantile Bank's market value can be influenced by many factors that don't directly affect Mercantile Bank's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mercantile Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mercantile Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mercantile Bank's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.