Mercantile Bank Stock Fundamentals
| MBWM Stock | USD 50.05 0.48 0.95% |
Mercantile Bank fundamentals help investors to digest information that contributes to Mercantile Bank's financial success or failures. It also enables traders to predict the movement of Mercantile Stock. The fundamental analysis module provides a way to measure Mercantile Bank's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Mercantile Bank stock.
At this time, Mercantile Bank's Total Other Income Expense Net is very stable compared to the past year. As of the 1st of December 2024, Net Income is likely to grow to about 86.3 M, while Operating Income is likely to drop about 56.7 M. Mercantile | Select Account or Indicator |
Mercantile Bank Company Return On Asset Analysis
Mercantile Bank's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Mercantile Bank Return On Asset | 0.0143 |
Most of Mercantile Bank's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Mercantile Bank is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Mercantile Total Assets
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Based on the latest financial disclosure, Mercantile Bank has a Return On Asset of 0.0143. This is 103.04% lower than that of the Banks sector and significantly higher than that of the Financials industry. The return on asset for all United States stocks is 110.21% lower than that of the firm.
Mercantile Bank Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Mercantile Bank's current stock value. Our valuation model uses many indicators to compare Mercantile Bank value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Mercantile Bank competition to find correlations between indicators driving Mercantile Bank's intrinsic value. More Info.Mercantile Bank is regarded second in return on equity category among its peers. It is regarded third in return on asset category among its peers reporting about 0.10 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Mercantile Bank is roughly 10.49 . At this time, Mercantile Bank's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Mercantile Bank by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Mercantile Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Mercantile Bank's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Mercantile Bank could also be used in its relative valuation, which is a method of valuing Mercantile Bank by comparing valuation metrics of similar companies.Mercantile Bank is currently under evaluation in return on asset category among its peers.
Mercantile Bank Current Valuation Drivers
We derive many important indicators used in calculating different scores of Mercantile Bank from analyzing Mercantile Bank's financial statements. These drivers represent accounts that assess Mercantile Bank's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Mercantile Bank's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 598.3M | 442.0M | 560.0M | 531.0M | 646.7M | 679.0M | |
| Enterprise Value | 765.4M | 257.6M | 80.7M | 880.1M | 1.1B | 1.2B |
Mercantile Bank ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Mercantile Bank's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Mercantile Bank's managers, analysts, and investors.Environmental | Governance | Social |
Mercantile Fundamentals
| Return On Equity | 0.15 | ||||
| Return On Asset | 0.0143 | ||||
| Profit Margin | 0.36 % | ||||
| Operating Margin | 0.43 % | ||||
| Current Valuation | 1.26 B | ||||
| Shares Outstanding | 16.14 M | ||||
| Shares Owned By Insiders | 3.23 % | ||||
| Shares Owned By Institutions | 63.98 % | ||||
| Number Of Shares Shorted | 122.86 K | ||||
| Price To Earning | 11.94 X | ||||
| Price To Book | 1.39 X | ||||
| Price To Sales | 3.67 X | ||||
| Revenue | 217.99 M | ||||
| Gross Profit | 182.97 M | ||||
| EBITDA | 114.19 M | ||||
| Net Income | 82.22 M | ||||
| Cash And Equivalents | 284.01 M | ||||
| Cash Per Share | 17.90 X | ||||
| Total Debt | 606.52 M | ||||
| Debt To Equity | 7.70 % | ||||
| Book Value Per Share | 36.13 X | ||||
| Cash Flow From Operations | 66.61 M | ||||
| Short Ratio | 2.05 X | ||||
| Earnings Per Share | 4.96 X | ||||
| Price To Earnings To Growth | 2.51 X | ||||
| Target Price | 49.88 | ||||
| Number Of Employees | 653 | ||||
| Beta | 0.97 | ||||
| Market Capitalization | 815.65 M | ||||
| Total Asset | 5.35 B | ||||
| Retained Earnings | 277.53 M | ||||
| Annual Yield | 0.03 % | ||||
| Five Year Return | 3.38 % | ||||
| Net Asset | 5.35 B | ||||
| Last Dividend Paid | 1.4 |
About Mercantile Bank Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Mercantile Bank's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mercantile Bank using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mercantile Bank based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | -177.8 M | -186.7 M | |
| Total Revenue | 218 M | 228.9 M | |
| Cost Of Revenue | 20.7 M | 32.1 M | |
| Stock Based Compensation To Revenue | 0.02 | 0.01 | |
| Sales General And Administrative To Revenue | 0.33 | 0.30 | |
| Capex To Revenue | 0.03 | 0.03 | |
| Revenue Per Share | 13.61 | 14.29 | |
| Ebit Per Revenue | 0.47 | 0.45 |
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Try AI Portfolio ArchitectCheck out Mercantile Bank Piotroski F Score and Mercantile Bank Altman Z Score analysis. To learn how to invest in Mercantile Stock, please use our How to Invest in Mercantile Bank guide.You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
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.