Mercantile Capital Stock vs Common Stock Analysis

MBWM Stock  USD 50.05  0.48  0.95%   
Mercantile Bank financial indicator trend analysis is infinitely more than just investigating Mercantile Bank recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mercantile Bank is a good investment. Please check the relationship between Mercantile Bank Capital Stock and its Common Stock accounts. Check 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.

Capital Stock vs Common Stock

Capital Stock vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mercantile Bank Capital Stock account and Common Stock. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Mercantile Bank's Capital Stock and Common Stock is -0.18. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Common Stock in the same time period over historical financial statements of Mercantile Bank, assuming nothing else is changed. The correlation between historical values of Mercantile Bank's Capital Stock and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of Mercantile Bank are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Capital Stock i.e., Mercantile Bank's Capital Stock and Common Stock go up and down completely randomly.

Correlation Coefficient

-0.18
Relationship DirectionNegative 
Relationship StrengthInsignificant

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.

Common Stock

Most indicators from Mercantile Bank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mercantile Bank current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check 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.At this time, Mercantile Bank's Enterprise Value Over EBITDA is very stable compared to the past year. As of the 29th of November 2024, Enterprise Value Multiple is likely to grow to 10.47, while Tax Provision is likely to drop about 15 M.
 2021 2022 2023 2024 (projected)
Interest Expense19.4M23.6M77.8M81.7M
Depreciation And Amortization13.7M12.9M11.5M12.1M

Mercantile Bank fundamental ratios Correlations

0.940.350.520.980.230.530.320.530.73-0.211.0-0.310.790.91-0.24-0.220.860.710.630.970.760.77-0.350.780.96
0.940.490.630.910.370.440.30.360.58-0.220.94-0.310.640.95-0.22-0.220.730.540.740.910.580.81-0.20.80.86
0.350.490.920.330.59-0.190.1-0.46-0.150.080.35-0.14-0.120.56-0.020.030.12-0.080.880.43-0.040.660.080.660.39
0.520.630.920.490.64-0.130.1-0.35-0.010.060.52-0.130.00.730.00.050.320.050.980.570.10.810.110.770.54
0.980.910.330.490.280.460.350.480.8-0.210.97-0.340.840.86-0.28-0.250.920.80.620.930.850.74-0.410.680.94
0.230.370.590.640.28-0.670.05-0.640.040.240.22-0.07-0.060.440.010.040.210.080.590.270.110.710.060.370.26
0.530.44-0.19-0.130.46-0.670.180.910.43-0.410.53-0.170.570.34-0.18-0.210.390.360.020.470.36-0.03-0.20.280.43
0.320.30.10.10.350.050.180.210.32-0.050.31-1.00.30.28-0.99-0.980.450.30.130.270.310.210.110.160.32
0.530.36-0.46-0.350.48-0.640.910.210.6-0.330.53-0.180.710.26-0.22-0.250.50.53-0.210.460.52-0.06-0.30.170.47
0.730.58-0.15-0.010.80.040.430.320.6-0.170.72-0.290.950.45-0.28-0.260.860.970.140.620.960.33-0.610.220.67
-0.21-0.220.080.06-0.210.24-0.41-0.05-0.33-0.17-0.210.06-0.3-0.150.060.07-0.15-0.140.0-0.07-0.15-0.020.050.11-0.06
1.00.940.350.520.970.220.530.310.530.72-0.21-0.310.780.91-0.24-0.220.850.70.630.980.750.78-0.340.790.97
-0.31-0.31-0.14-0.13-0.34-0.07-0.17-1.0-0.18-0.290.06-0.31-0.28-0.30.990.98-0.43-0.27-0.15-0.27-0.28-0.22-0.13-0.18-0.31
0.790.64-0.120.00.84-0.060.570.30.710.95-0.30.78-0.280.51-0.27-0.250.840.950.160.690.940.34-0.620.290.73
0.910.950.560.730.860.440.340.280.260.45-0.150.91-0.30.51-0.2-0.180.690.420.790.930.470.91-0.030.90.88
-0.24-0.22-0.020.0-0.280.01-0.18-0.99-0.22-0.280.06-0.240.99-0.27-0.20.99-0.39-0.26-0.03-0.19-0.27-0.12-0.13-0.07-0.24
-0.22-0.220.030.05-0.250.04-0.21-0.98-0.25-0.260.07-0.220.98-0.25-0.180.99-0.35-0.220.02-0.16-0.23-0.08-0.13-0.04-0.2
0.860.730.120.320.920.210.390.450.50.86-0.150.85-0.430.840.69-0.39-0.350.860.450.780.90.6-0.320.480.84
0.710.54-0.080.050.80.080.360.30.530.97-0.140.7-0.270.950.42-0.26-0.220.860.190.620.980.35-0.660.230.69
0.630.740.880.980.620.590.020.13-0.210.140.00.63-0.150.160.79-0.030.020.450.190.670.250.820.00.790.63
0.970.910.430.570.930.270.470.270.460.62-0.070.98-0.270.690.93-0.19-0.160.780.620.670.660.82-0.30.880.98
0.760.58-0.040.10.850.110.360.310.520.96-0.150.75-0.280.940.47-0.27-0.230.90.980.250.660.4-0.680.270.74
0.770.810.660.810.740.71-0.030.21-0.060.33-0.020.78-0.220.340.91-0.12-0.080.60.350.820.820.40.00.860.8
-0.35-0.20.080.11-0.410.06-0.20.11-0.3-0.610.05-0.34-0.13-0.62-0.03-0.13-0.13-0.32-0.660.0-0.3-0.680.00.01-0.33
0.780.80.660.770.680.370.280.160.170.220.110.79-0.180.290.9-0.07-0.040.480.230.790.880.270.860.010.83
0.960.860.390.540.940.260.430.320.470.67-0.060.97-0.310.730.88-0.24-0.20.840.690.630.980.740.8-0.330.83
Click cells to compare fundamentals

Mercantile Bank Account Relationship Matchups

Mercantile Bank fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.6B4.4B5.3B4.9B5.4B5.6B
Short Long Term Debt Total400.9M441.6M495.9M445.8M606.5M636.9M
Other Current Liab(22.4M)(24.3M)(24.6M)(78.2M)1.9B2.0B
Total Current Liabilities22.4M24.3M24.6M78.2M1.9B2.0B
Total Stockholder Equity416.6M441.6M456.6M441.4M522.1M548.3M
Net Debt167.2M(184.4M)(479.3M)349.1M476.0M499.8M
Cash233.7M626.0M975.2M96.8M130.5M131.8M
Other Assets2.6B2.9B3.0B3.5B12.9M13.5M
Cash And Short Term Investments568.4M1.0B1.6B699.7M130.5M124.0M
Common Stock Shares Outstanding16.4M16.3M16.0M15.9M16.0M11.8M
Liabilities And Stockholders Equity3.6B4.4B5.3B4.9B5.4B5.6B
Other Stockholder Equity(305K)(5.5B)285.8M(65.3M)(75.1M)(78.9M)
Total Liab3.2B4.0B4.8B4.4B4.8B5.1B
Total Current Assets568.4M1.0B1.6B699.7M130.5M124.0M
Property Plant And Equipment Net57.3M59.0M57.3M51.5M50.9M37.2M
Retained Earnings107.8M134.0M174.5M216.3M277.5M291.4M
Non Current Assets Total445.3M498.2M700.9M704.5M5.2B3.9B
Non Currrent Assets Other(7.4M)(11.6M)(11.6M)(28.9M)4.5B2.6B
Common Stock Total Equity305.0M302.0M285.8M290.4M334.0M221.9M
Non Current Liabilities Total400.9M441.6M495.9M78.2M2.9B3.0B
Property Plant And Equipment Gross57.3M59.0M94.3M90.3M94.7M99.5M
Accumulated Other Comprehensive Income3.7M5.5M(3.7M)(65.3M)(50.5M)(48.0M)
Common Stock305.0M302.0M285.8M290.4M295.1M280.4M
Other Liab14.7M17.5M14.8M45.5M52.3M54.9M
Accounts Payable22.4M24.3M24.6M78.2M70.4M66.9M
Long Term Debt46.9M47.6M495.9M445.8M606.5M636.9M
Short Term Investments334.7M387.3M592.7M602.9M617.1M647.9M
Property Plant Equipment57.3M59.0M57.3M51.5M59.2M37.9M
Short Term Debt142.7M138.4M291.5M275.8M321.7M337.8M
Net Tangible Assets363.2M389.6M405.7M391.4M450.1M315.3M
Retained Earnings Total Equity107.8M134.0M174.5M216.3M248.8M261.2M
Long Term Debt Total46.9M47.6M121.9M137.6M158.2M166.1M
Inventory2.3M811K452K701K806.2K831.6K
Long Term Investments3.2B3.6B592.7M602.9M617.1M586.2M
Non Current Liabilities Other102.7M118.4M197.5M194.3M223.5M137.1M
Intangible Assets3.8M2.4M1.4M583K11.3M6.0M
Other Current Assets244.1M637.6M984.5M112.2M150.2M142.7M

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When determining whether Mercantile Bank is a strong investment it is important to analyze Mercantile Bank's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Mercantile Bank's future performance. For an informed investment choice regarding Mercantile Stock, refer to the following important reports:
Check 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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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.