Mercantile Total Revenue from 2010 to 2024

MBWM Stock  USD 49.04  0.71  1.47%   
Mercantile Bank Total Revenue yearly trend continues to be very stable with very little volatility. Total Revenue is likely to grow to about 228.9 M this year. Total Revenue is the total amount of income generated by the sale of goods or services related to Mercantile Bank's primary operations. View All Fundamentals
 
Total Revenue  
First Reported
1998-03-31
Previous Quarter
88.6 M
Current Value
58 M
Quarterly Volatility
18.3 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Mercantile Bank financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mercantile Bank's main balance sheet or income statement drivers, such as Depreciation And Amortization of 12.1 M, Interest Expense of 81.7 M or Total Revenue of 228.9 M, as well as many indicators such as Price To Sales Ratio of 4.06, Dividend Yield of 0.0232 or PTB Ratio of 1.32. Mercantile financial statements analysis is a perfect complement when working with Mercantile Bank Valuation or Volatility modules.
  
Check out the analysis of Mercantile Bank Correlation against competitors.
To learn how to invest in Mercantile Stock, please use our How to Invest in Mercantile Bank guide.

Latest Mercantile Bank's Total Revenue Growth Pattern

Below is the plot of the Total Revenue of Mercantile Bank over the last few years. Total revenue comprises all receipts Mercantile Bank generated from the sale of its products or services. It is the total amount of income generated by the sale of goods or services related to the company's primary operations. Mercantile Bank's Total Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Mercantile Bank's overall financial position and show how it may be relating to other accounts over time.
Total Revenue10 Years Trend
Slightly volatile
   Total Revenue   
       Timeline  

Mercantile Total Revenue Regression Statistics

Arithmetic Mean127,046,293
Geometric Mean95,942,039
Coefficient Of Variation51.52
Mean Deviation51,573,207
Median128,749,000
Standard Deviation65,449,740
Sample Variance4283.7T
Range225.8M
R-Value0.98
Mean Square Error140.5T
R-Squared0.97
Slope14,410,353
Total Sum of Squares59971.4T

Mercantile Total Revenue History

2024228.9 M
2023218 M
2022190.3 M
2021179.2 M
2020167.4 M
2019151.5 M
2018139.1 M

About Mercantile Bank Financial Statements

Mercantile Bank investors utilize fundamental indicators, such as Total Revenue, to predict how Mercantile Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Total Revenue218 M228.9 M

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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 the analysis of Mercantile Bank Correlation against competitors.
To learn how to invest in Mercantile Stock, please use our How to Invest in Mercantile Bank guide.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
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.