How much profit has Mercantile Bank made this year?
Mercantile Bank has made 75.73 M USD this year.
Mercantile Bank Net Income 2024
Mercantile Bank Net Income
75.73 M USD
Mercantile Bank Dividend yield
4.19 %
Ticker
MBWM
ISIN
US5873761044
WKN
675407
In 2024, Mercantile Bank's profit amounted to 75.73 M USD, a -7.89% increase from the 82.22 M USD profit recorded in the previous year.
The Mercantile Bank Net Income history
| YEAR | NET INCOME (undefined USD) |
|---|---|
| 2025e | 72.74 |
| 2024e | 75.73 |
| 2023 | 82.22 |
| 2022 | 61.1 |
| 2021 | 59 |
| 2020 | 44.1 |
| 2019 | 49.5 |
| 2018 | 42 |
| 2017 | 31.3 |
| 2016 | 31.9 |
| 2015 | 27 |
| 2014 | 17.3 |
| 2013 | 17 |
| 2012 | 11.5 |
| 2011 | 36.1 |
| 2010 | -14.6 |
| 2009 | -52.9 |
| 2008 | -5 |
| 2007 | 9 |
| 2006 | 19.8 |
| 2005 | 17.9 |
| 2004 | 13.7 |
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.Net Income Details
Understanding Mercantile Bank's Profit Margins
The profit margins of Mercantile Bank represent the net income earned after deducting all operational expenses, costs, and taxes from the revenue. This figure is a clear indicator of Mercantile Bank's financial health, operational efficiency, and profitability. Higher profit margins signify better cost management and income generation capabilities.
Year-to-Year Comparison
Evaluating Mercantile Bank's profit on a yearly basis can offer significant insights into its financial growth, stability, and trends. A consistent increase in profit suggests improved operational efficiency, cost management, or increased revenue, while a decrease may indicate rising costs, declining sales, or operational challenges.
Impact on Investments
Mercantile Bank's profit figures are critical for investors who are aiming to understand the company's financial standing and future growth prospects. Increased profits often lead to higher stock valuations, boosting investor confidence and attracting more investments.
Interpreting Profit Fluctuations
When Mercantile Bank’s profit increases, it often indicates enhanced operational efficiency or increased sales. In contrast, a decline in profit can signal operational inefficiencies, increased costs, or competitive pressures, necessitating strategic interventions to boost profitability.
Frequently Asked Questions about Mercantile Bank Stock
How has the profit developed compared to last year?
The profit has increased by -7.89% compared to last year fallen
What impact do the earnings have on the shareholders?
An increase in earnings is usually seen as a positive indicator for shareholders as it means that the company is generating profits.
How does Mercantile Bank publish its earnings?
Mercantile Bank publishes its earnings in the form of quarterly or annual reports.
Which financial indicators are included in the quarterly or annual reports?
The quarterly or annual reports contain information about sales and profit, cash flow, balance sheet, and other fundamentals.
Why is it important for investors to know the earnings of Mercantile Bank?
The profits of Mercantile Bank are an important indicator of the financial health of the company and can help investors decide whether they want to invest in the company or not.
How can one learn more about the earnings of Mercantile Bank?
You can learn more about the earnings of Mercantile Bank by reviewing the quarterly or annual reports or following the company presentations.
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 4.19 %. 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 4.19 %.
When does Mercantile Bank pay dividends?
Mercantile Bank pays a quarterly dividend. This is distributed in the months of September, December, March, July.
How secure is the dividend of Mercantile Bank?
Mercantile Bank paid dividends every year for the past 14 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 4.57 %.
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 6/19/2024 amounting to 0.35 USD, you needed to have the stock in your portfolio before the ex-date on 6/7/2024.
When did Mercantile Bank pay the last dividend?
The last dividend was paid out on 6/19/2024.
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.
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