RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE

Mercantile Bank ROE 2024

Mercantile Bank ROE

0.16

Mercantile Bank Dividend yield

4.19 %

Ticker

MBWM

ISIN

US5873761044

WKN

675407

In 2024, Mercantile Bank's return on equity (ROE) was 0.16, a 13.75% increase from the 0.14 ROE in the previous year.

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.

ROE Details

Decoding Mercantile Bank's Return on Equity (ROE)

Mercantile Bank's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing Mercantile Bank's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

Mercantile Bank's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in Mercantile Bank’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about Mercantile Bank Stock

What is the ROE (Return on Equity) of Mercantile Bank this year?

The ROE of Mercantile Bank this year is 0.16 undefined.

How has the Return on Equity (ROE) of Mercantile Bank developed compared to the previous year?

The ROE of Mercantile Bank has increased by 13.75% increased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of Mercantile Bank?

A high ROE indicates that Mercantile Bank generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of Mercantile Bank?

A low ROE can indicate that Mercantile Bank is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of Mercantile Bank affect the company?

A change in ROE (Return on Equity) of Mercantile Bank can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.

How to calculate the ROE (Return on Equity) of Mercantile Bank?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of Mercantile Bank?

Some factors that can influence Mercantile Bank's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.

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.