Mercantile Historical Balance Sheet

MBWM Stock  USD 50.39  1.35  2.75%   
Trend analysis of Mercantile Bank balance sheet accounts such as Total Current Liabilities of 2 B provides information on Mercantile Bank's total assets, liabilities, and equity, which is the actual value of Mercantile Bank to its prevalent stockholders. By breaking down trends over time using Mercantile Bank balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Mercantile Bank latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Mercantile Bank is a good buy for the upcoming year.

Mercantile Bank Inventory

831,600

  
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.

About Mercantile Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Mercantile Bank at a specified time, usually calculated after every quarter, six months, or one year. Mercantile Bank Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Mercantile Bank and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Mercantile currently owns. An asset can also be divided into two categories, current and non-current.

Mercantile Bank Balance Sheet Chart

At this time, Mercantile Bank's Liabilities And Stockholders Equity is very stable compared to the past year. As of the 25th of November 2024, Total Liabilities is likely to grow to about 5.1 B, while Other Assets are likely to drop (628.9 M).

Total Assets

Total assets refers to the total amount of Mercantile Bank assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Mercantile Bank books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Mercantile Bank balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Mercantile Bank are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most accounts from Mercantile Bank's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts 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 balance sheet accounts, 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 Liabilities And Stockholders Equity is very stable compared to the past year. As of the 25th of November 2024, Total Liabilities is likely to grow to about 5.1 B, while Other Assets are likely to drop (628.9 M).
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total495.9M445.8M606.5M636.9M
Total Assets5.3B4.9B5.4B5.6B

Mercantile Bank balance sheet Correlations

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0.350.490.920.330.59-0.270.1-0.46-0.150.080.36-0.14-0.120.56-0.01-0.170.12-0.080.880.43-0.040.660.080.660.39
0.520.630.920.490.64-0.220.1-0.35-0.010.060.52-0.130.00.730.01-0.170.320.050.980.570.10.810.110.770.54
0.980.910.330.490.280.40.350.480.8-0.210.97-0.340.840.86-0.27-0.370.920.80.620.930.850.74-0.410.680.94
0.230.370.590.640.28-0.720.05-0.640.040.240.23-0.07-0.060.440.02-0.10.210.080.590.270.110.710.060.370.26
0.470.38-0.27-0.220.4-0.720.170.930.42-0.410.47-0.160.560.26-0.18-0.170.350.34-0.080.410.34-0.11-0.20.20.37
0.310.30.10.10.350.050.170.210.32-0.050.31-1.00.30.28-0.99-0.990.450.30.120.270.310.210.110.150.32
0.520.36-0.46-0.350.48-0.640.930.210.6-0.330.53-0.180.710.26-0.23-0.170.50.53-0.210.460.52-0.06-0.30.170.47
0.730.58-0.15-0.010.80.040.420.320.6-0.170.72-0.290.950.45-0.28-0.280.860.970.140.620.960.33-0.610.220.67
-0.21-0.220.080.06-0.210.24-0.41-0.05-0.33-0.17-0.210.06-0.3-0.150.060.06-0.15-0.140.0-0.07-0.15-0.020.050.11-0.06
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-0.31-0.31-0.14-0.13-0.34-0.07-0.16-1.0-0.18-0.290.06-0.31-0.28-0.30.990.99-0.43-0.27-0.15-0.27-0.28-0.22-0.13-0.18-0.31
0.790.64-0.120.00.84-0.060.560.30.710.95-0.30.78-0.280.51-0.26-0.270.840.950.160.690.940.34-0.620.290.73
0.910.950.560.730.860.440.260.280.260.45-0.150.91-0.30.51-0.19-0.340.690.420.790.930.470.91-0.030.90.88
-0.23-0.22-0.010.01-0.270.02-0.18-0.99-0.23-0.280.06-0.230.99-0.26-0.190.98-0.39-0.25-0.02-0.18-0.26-0.11-0.12-0.06-0.23
-0.34-0.36-0.17-0.17-0.37-0.1-0.17-0.99-0.17-0.280.06-0.330.99-0.27-0.340.98-0.42-0.26-0.2-0.29-0.27-0.26-0.14-0.21-0.33
0.860.730.120.320.920.210.350.450.50.86-0.150.85-0.430.840.69-0.39-0.420.860.450.780.90.6-0.320.480.84
0.710.54-0.080.050.80.080.340.30.530.97-0.140.7-0.270.950.42-0.25-0.260.860.190.620.980.35-0.660.230.69
0.640.740.880.980.620.59-0.080.12-0.210.140.00.63-0.150.160.79-0.02-0.20.450.190.670.250.820.00.790.63
0.970.910.430.570.930.270.410.270.460.62-0.070.98-0.270.690.93-0.18-0.290.780.620.670.660.82-0.30.880.98
0.760.58-0.040.10.850.110.340.310.520.96-0.150.75-0.280.940.47-0.26-0.270.90.980.250.660.4-0.680.270.74
0.770.810.660.810.740.71-0.110.21-0.060.33-0.020.78-0.220.340.91-0.11-0.260.60.350.820.820.40.00.860.8
-0.35-0.20.080.11-0.410.06-0.20.11-0.3-0.610.05-0.34-0.13-0.62-0.03-0.12-0.14-0.32-0.660.0-0.3-0.680.00.01-0.33
0.780.80.660.770.680.370.20.150.170.220.110.79-0.180.290.9-0.06-0.210.480.230.790.880.270.860.010.83
0.960.860.390.540.940.260.370.320.470.67-0.060.97-0.310.730.88-0.23-0.330.840.690.630.980.740.8-0.330.83
Click cells to compare fundamentals

Mercantile Bank Account Relationship Matchups

Mercantile Bank balance sheet 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
Cash233.7M626.0M975.2M96.8M61.8M58.7M
Other Assets2.6B2.9B3.0B3.5B(598.9M)(628.9M)
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 Total445.3M498.2M700.9M704.5M5.8B3.9B
Non Currrent Assets Other(7.4M)(11.6M)(11.6M)(28.9M)(717.5M)(681.6M)
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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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.