RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Mercantile Bank Stock

Mercantile Bank Market capitalization 2024

Mercantile Bank Market capitalization

786.37 M USD

Ticker

MBWM

ISIN

US5873761044

WKN

675407

In 2024, Mercantile Bank's market cap stood at 786.37 M USD, a 40.53% increase from the 559.56 M USD market cap in the previous year.

The Mercantile Bank Market capitalization history

YEARMarket Capitalization (undefined USD)
2023516.38
2022542.81
2021507.72
2020394.81
2019546.43
2018570.58
2017552.5
2016422.59
2015347.52
2014264.21
2013150.04
2012122.51
201172.16
201039.12
200930.85
200872.62
2007194.89
2006285.81
2005289.83
2004240.55

Mercantile Bank Aktienanalyse

What does Mercantile Bank do?

Mercantile Bank Corp is a US bank based in Grand Rapids, Michigan. The bank traces its roots back to Mercantile Bank of Michigan and was established as a holding company in 1997. It is listed on the Nasdaq stock exchange and currently has a market value of around $750 million. The history of Mercantile Bank Corp can be traced back to 1992 when Mercantile Bank of Michigan was founded. The bank was a small but rapidly growing bank specializing in serving middle-market business customers and individual customers. In 1997, Mercantile Bank Corp was established as a holding company to support the company's growth. The business model of Mercantile Bank Corp focuses on providing financial services to middle-market businesses and individual customers. The bank currently operates 49 branches in Michigan, Indiana, and Florida and offers a wide range of banking services including loans, deposits, cash management, and online banking. The various divisions in which Mercantile Bank Corp operates include retail banking, commercial banking, and wealth management. Retail banking provides banking services to individual customers including deposits, loans, and online banking. Commercial banking offers financial services to businesses including loans, deposits, and cash management. Wealth management provides a wide range of investment and asset management services to its clients. Products and services offered by Mercantile Bank Corp include checking accounts, savings accounts, loans, credit cards, mortgages, mutual funds, investment advice, asset management, cash management, and online banking. The bank also offers specialized financial services such as SBA loans (i.e., loans from the US Small Business Administration), hospital financing, and leasing. Mercantile Bank Corp has delivered strong financial performance in recent years. In 2019, the bank reported a net income of $60.3 million, representing a 16.6% increase compared to the previous year. The bank's growth has been supported by strong credit portfolio performance and a solid balance sheet. Overall, Mercantile Bank Corp offers a wide range of banking services to both business and individual customers. The bank is well-positioned to continue growing and expanding its presence in the markets it serves. The future of Mercantile Bank Corp looks very promising, and it will continue to play an important role in the financial services industry. Mercantile Bank ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring Mercantile Bank's Market Capitalization

Mercantile Bank's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of Mercantile Bank's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

Mercantile Bank's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in Mercantile Bank’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about Mercantile Bank stock

What is the current Mercantile Bank market capitalization?

The current market capitalization of Mercantile Bank is 786.37 M USD.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like Mercantile Bank.

How has the market capitalization of Mercantile Bank developed in recent years?

The market capitalization of Mercantile Bank has increased/decreased by 40.53% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of Mercantile Bank?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of Mercantile Bank?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of Mercantile Bank have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

How much dividend does Mercantile Bank pay?

Over the past 12 months, Mercantile Bank paid a dividend of 1.67 USD . This corresponds to a dividend yield of about 3.4 %. For the coming 12 months, Mercantile Bank is expected to pay a dividend of 1.82 USD.

What is the dividend yield of Mercantile Bank?

The current dividend yield of Mercantile Bank is 3.4 %.

When does Mercantile Bank pay dividends?

Mercantile Bank pays a quarterly dividend. This is distributed in the months of March, July, October, January.

How secure is the dividend of Mercantile Bank?

Mercantile Bank paid dividends every year for the past 15 years.

What is the dividend of Mercantile Bank?

For the upcoming 12 months, dividends amounting to 1.82 USD are expected. This corresponds to a dividend yield of 3.71 %.

In which sector is Mercantile Bank located?

Mercantile Bank is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Mercantile Bank kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Mercantile Bank from 12/18/2024 amounting to 0.36 USD, you needed to have the stock in your portfolio before the ex-date on 12/6/2024.

When did Mercantile Bank pay the last dividend?

The last dividend was paid out on 12/18/2024.

What was the dividend of Mercantile Bank in the year 2023?

In the year 2023, Mercantile Bank distributed 1.26 USD as dividends.

In which currency does Mercantile Bank pay out the dividend?

The dividends of Mercantile Bank are distributed in USD.

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Andere Kennzahlen von Mercantile Bank

Our stock analysis for Mercantile Bank Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Mercantile Bank Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.