Mercantile Bank Net Worth
Mercantile Bank Net Worth Breakdown | MBWM |
Mercantile Bank Net Worth Analysis
Mercantile Bank's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Mercantile Bank's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Mercantile Bank's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Mercantile Bank's net worth analysis. One common approach is to calculate Mercantile Bank's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Mercantile Bank's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Mercantile Bank's net worth. This approach calculates the present value of Mercantile Bank's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Mercantile Bank's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Mercantile Bank's net worth. This involves comparing Mercantile Bank's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Mercantile Bank's net worth relative to its peers.
Enterprise Value |
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To determine if Mercantile Bank is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Mercantile Bank's net worth research are outlined below:
| Mercantile Bank is unlikely to experience financial distress in the next 2 years | |
| Mercantile Bank has a poor financial position based on the latest SEC disclosures | |
| About 66.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Beneficient Reports Results for Third Quarter Fiscal 2025 |
Mercantile Bank uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Mercantile Bank. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Mercantile Bank's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 16th of April 2024 Upcoming Quarterly Report | View | |
| 16th of July 2024 Next Financial Report | View | |
| 31st of March 2024 Next Fiscal Quarter End | View | |
| 21st of January 2025 Next Fiscal Year End | View | |
| 31st of December 2023 Last Quarter Report | View | |
| 31st of December 2023 Last Financial Announcement | View |
Mercantile Bank Target Price Consensus
Mercantile target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Mercantile Bank's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 5 | Buy |
Most Mercantile analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Mercantile stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Mercantile Bank, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationMercantile Bank Target Price Projection
Mercantile Bank's current and average target prices are 48.63 and 51.75, respectively. The current price of Mercantile Bank is the price at which Mercantile Bank is currently trading. On the other hand, Mercantile Bank's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Mercantile Bank Market Quote on 16th of February 2025
Target Price
Analyst Consensus On Mercantile Bank Target Price
Know Mercantile Bank's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Mercantile Bank is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Mercantile Bank backward and forwards among themselves. Mercantile Bank's institutional investor refers to the entity that pools money to purchase Mercantile Bank's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Charles Schwab Investment Management Inc | 2024-12-31 | 190 K | Northern Trust Corp | 2024-09-30 | 180 K | Proshare Advisors Llc | 2024-09-30 | 165.4 K | Jpmorgan Chase & Co | 2024-09-30 | 164.7 K | Goldman Sachs Group Inc | 2024-09-30 | 113.7 K | Mercer Global Advisors Inc. | 2024-09-30 | 112.4 K | Segall Bryant & Hamill | 2024-09-30 | 110.5 K | Morgan Stanley - Brokerage Accounts | 2024-09-30 | 105.8 K | Bridgeway Capital Management, Llc | 2024-09-30 | 100.1 K | Blackrock Inc | 2024-09-30 | 1.6 M | Dimensional Fund Advisors, Inc. | 2024-09-30 | 1.1 M |
Follow Mercantile Bank's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 785.2 M.Market Cap |
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Project Mercantile Bank's profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.01 | 0.01 | |
| Return On Capital Employed | 0.03 | 0.03 | |
| Return On Assets | 0.01 | 0.01 | |
| Return On Equity | 0.14 | 0.15 |
When accessing Mercantile Bank's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Mercantile Bank's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Mercantile Bank's profitability and make more informed investment decisions.
Evaluate Mercantile Bank's management efficiency
Mercantile Bank has return on total asset (ROA) of 0.014 % which means that it generated a profit of $0.014 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1438 %, meaning that it created $0.1438 on every $100 dollars invested by stockholders. Mercantile Bank's management efficiency ratios could be used to measure how well Mercantile Bank manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Mercantile Bank's Return On Tangible Assets are very stable compared to the past year. As of the 16th of February 2025, Return On Assets is likely to grow to 0.01, while Return On Capital Employed is likely to drop 0.03. At this time, Mercantile Bank's Total Assets are very stable compared to the past year. As of the 16th of February 2025, Other Assets is likely to grow to about 12.2 M, while Non Current Assets Total are likely to drop about 3.9 B.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 29.34 | 15.32 | |
| Tangible Book Value Per Share | 26.56 | 14.25 | |
| Enterprise Value Over EBITDA | 11.31 | 10.47 | |
| Price Book Value Ratio | 1.42 | 1.32 | |
| Enterprise Value Multiple | 11.31 | 10.47 | |
| Price Fair Value | 1.42 | 1.32 | |
| Enterprise Value | 1 B | 1.1 B |
Effective management at Mercantile Bank has been a driving force behind its market achievements. We assess the correlation between management practices and financial success to determine the stock's value.
Enterprise Value Revenue 5.6677 | Revenue | Quarterly Revenue Growth 0.034 | Revenue Per Share | Return On Equity |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Mercantile Bank insiders, such as employees or executives, is commonly permitted as long as it does not rely on Mercantile Bank's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Mercantile Bank insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Mercantile Bank Corporate Filings
F4 | 12th of February 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 6th of February 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F3 | 10th of January 2025 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
13A | 12th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
Mercantile Bank Earnings Estimation Breakdown
The calculation of Mercantile Bank's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Mercantile Bank is estimated to be 1.188 with the future projection ranging from a low of 1.15 to a high of 1.23. Please be aware that this consensus of annual earnings estimates for Mercantile Bank is based on EPS before non-recurring items and includes expenses related to employee stock options.Last Reported EPS
1.15 Lowest | Expected EPS | 1.23 Highest |
Mercantile Bank Earnings Projection Consensus
Suppose the current estimates of Mercantile Bank's value are higher than the current market price of the Mercantile Bank stock. In this case, investors may conclude that Mercantile Bank is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Mercantile Bank's stock will quickly adjusts to the new information provided by the consensus estimate.
| Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 31st of March 2025 | Current EPS (TTM) | |
| 5 | 92.57% | 1.22 | 1.188 | 4.93 |
Mercantile Bank Earnings per Share Projection vs Actual
Actual Earning per Share of Mercantile Bank refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Mercantile Bank predict the company's earnings will be in the future. The higher the earnings per share of Mercantile Bank, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.Mercantile Bank Estimated Months Earnings per Share
For an investor who is primarily interested in generating an income out of investing in entities such as Mercantile Bank, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Mercantile Bank should always be considered in relation to other companies to make a more educated investment decision.Mercantile Quarterly Analyst Estimates and Surprise Metrics
Earnings surprises can significantly impact Mercantile Bank's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2025-01-14 | 2024-12-31 | 1.14 | 1.22 | 0.08 | 7 | ||
2024-10-15 | 2024-09-30 | 1.17 | 1.22 | 0.05 | 4 | ||
2024-07-16 | 2024-06-30 | 1.16 | 1.17 | 0.01 | 0 | ||
2024-04-16 | 2024-03-31 | 1.14 | 1.34 | 0.2 | 17 | ||
2024-01-16 | 2023-12-31 | 1.24 | 1.25 | 0.01 | 0 | ||
2023-10-17 | 2023-09-30 | 1.15 | 1.3 | 0.15 | 13 | ||
2023-07-18 | 2023-06-30 | 1.1 | 1.27 | 0.17 | 15 | ||
2023-04-18 | 2023-03-31 | 1.16 | 1.31 | 0.15 | 12 | ||
2023-01-17 | 2022-12-31 | 1.2 | 1.37 | 0.17 | 14 | ||
2022-10-18 | 2022-09-30 | 0.98 | 1.01 | 0.03 | 3 | ||
2022-07-19 | 2022-06-30 | 0.76 | 0.74 | -0.02 | 2 | ||
2022-04-19 | 2022-03-31 | 0.72 | 0.73 | 0.01 | 1 | ||
2022-01-18 | 2021-12-31 | 0.86 | 0.94 | 0.08 | 9 | ||
2021-10-19 | 2021-09-30 | 0.85 | 0.95 | 0.1 | 11 | ||
2021-07-20 | 2021-06-30 | 0.78 | 1.07 | 0.29 | 37 | ||
2021-04-20 | 2021-03-31 | 0.71 | 0.84 | 0.13 | 18 | ||
2021-01-19 | 2020-12-31 | 0.57 | 0.75 | 0.18 | 31 | ||
2020-10-20 | 2020-09-30 | 0.43 | 0.66 | 0.23 | 53 | ||
2020-07-21 | 2020-06-30 | 0.32 | 0.54 | 0.22 | 68 | ||
2020-04-21 | 2020-03-31 | 0.47 | 0.65 | 0.18 | 38 | ||
2020-01-21 | 2019-12-31 | 0.65 | 0.81 | 0.16 | 24 | ||
2019-10-15 | 2019-09-30 | 0.63 | 0.77 | 0.14 | 22 | ||
2019-07-16 | 2019-06-30 | 0.6 | 0.71 | 0.11 | 18 | ||
2019-04-16 | 2019-03-31 | 0.59 | 0.61 | 0.02 | 3 | ||
2019-01-22 | 2018-12-31 | 0.61 | 0.7 | 0.09 | 14 | ||
2018-10-16 | 2018-09-30 | 0.61 | 0.61 | 0.0 | 0 | ||
2018-07-17 | 2018-06-30 | 0.57 | 0.57 | 0.0 | 0 | ||
2018-04-17 | 2018-03-31 | 0.56 | 0.66 | 0.1 | 17 | ||
2018-01-16 | 2017-12-31 | 0.5 | 0.56 | 0.06 | 12 | ||
2017-10-17 | 2017-09-30 | 0.48 | 0.51 | 0.03 | 6 | ||
2017-07-18 | 2017-06-30 | 0.45 | 0.45 | 0.0 | 0 | ||
2017-04-18 | 2017-03-31 | 0.43 | 0.46 | 0.03 | 6 | ||
2017-01-17 | 2016-12-31 | 0.46 | 0.49 | 0.03 | 6 | ||
2016-10-18 | 2016-09-30 | 0.46 | 0.48 | 0.02 | 4 | ||
2016-07-19 | 2016-06-30 | 0.42 | 0.46 | 0.04 | 9 | ||
2016-04-19 | 2016-03-31 | 0.4 | 0.52 | 0.12 | 30 | ||
2016-01-19 | 2015-12-31 | 0.39 | 0.4 | 0.01 | 2 | ||
2015-10-20 | 2015-09-30 | 0.4 | 0.45 | 0.05 | 12 | ||
2015-07-21 | 2015-06-30 | 0.39 | 0.39 | 0.0 | 0 | ||
2015-04-21 | 2015-03-31 | 0.38 | 0.39 | 0.01 | 2 | ||
2015-01-20 | 2014-12-31 | 0.42 | 0.37 | -0.05 | 11 | ||
2014-10-21 | 2014-09-30 | 0.42 | 0.35 | -0.07 | 16 | ||
2014-07-22 | 2014-06-30 | 0.41 | 0.34 | -0.07 | 17 | ||
2014-04-22 | 2014-03-31 | 0.41 | 0.41 | 0.0 | 0 | ||
2014-01-21 | 2013-12-31 | 0.4 | 0.59 | 0.19 | 47 | ||
2013-10-15 | 2013-09-30 | 0.38 | 0.4 | 0.02 | 5 | ||
2013-07-16 | 2013-06-30 | 0.35 | 0.46 | 0.11 | 31 | ||
2013-04-16 | 2013-03-31 | 0.33 | 0.5 | 0.17 | 51 | ||
2013-01-15 | 2012-12-31 | 0.31 | 0.35 | 0.04 | 12 | ||
2012-10-16 | 2012-09-30 | 0.34 | 0.3 | -0.04 | 11 | ||
2012-07-17 | 2012-06-30 | 0.27 | 0.36 | 0.09 | 33 | ||
2012-04-17 | 2012-03-31 | 0.26 | 0.28 | 0.02 | 7 | ||
2012-01-17 | 2011-12-31 | 0.3 | 0.3 | 0.0 | 0 | ||
2011-10-18 | 2011-09-30 | 0.21 | 0.3 | 0.09 | 42 | ||
2011-07-19 | 2011-06-30 | 0.12 | 0.27 | 0.15 | 125 | ||
2011-04-19 | 2011-03-31 | -0.13 | 0.12 | 0.25 | 192 | ||
2011-01-18 | 2010-12-31 | -0.29 | -0.62 | -0.33 | 113 | ||
2010-10-19 | 2010-09-30 | -0.12 | -0.67 | -0.55 | 458 | ||
2010-07-20 | 2010-06-30 | -0.33 | -0.08 | 0.25 | 75 | ||
2010-04-20 | 2010-03-31 | -0.65 | -0.35 | 0.3 | 46 | ||
2010-01-19 | 2009-12-31 | -0.58 | -0.78 | -0.2 | 34 | ||
2009-10-20 | 2009-09-30 | -0.34 | -0.66 | -0.32 | 94 | ||
2009-07-21 | 2009-06-30 | -0.38 | -0.75 | -0.37 | 97 | ||
2009-04-15 | 2009-03-31 | -0.03 | -0.53 | -0.5 | 1666 | ||
2008-10-14 | 2008-09-30 | -0.16 | 0.13 | 0.29 | 181 | ||
2008-07-16 | 2008-06-30 | -0.11 | -0.31 | -0.2 | 181 | ||
2008-04-09 | 2008-03-31 | -0.51 | -0.44 | 0.07 | 13 | ||
2008-01-09 | 2007-12-31 | 0.26 | 0.01 | -0.25 | 96 | ||
2007-10-10 | 2007-09-30 | 0.42 | 0.28 | -0.14 | 33 | ||
2007-07-11 | 2007-06-30 | 0.49 | 0.26 | -0.23 | 46 | ||
2007-04-11 | 2007-03-31 | 0.52 | 0.5 | -0.02 | 3 | ||
2007-01-10 | 2006-12-31 | 0.6 | 0.54 | -0.06 | 10 | ||
2006-10-11 | 2006-09-30 | 0.61 | 0.61 | 0.0 | 0 | ||
2006-07-12 | 2006-06-30 | 0.61 | 0.6 | -0.01 | 1 | ||
2006-04-12 | 2006-03-31 | 0.55 | 0.58 | 0.03 | 5 | ||
2006-01-11 | 2005-12-31 | 0.52 | 0.54 | 0.02 | 3 | ||
2005-10-10 | 2005-09-30 | 0.51 | 0.51 | 0.0 | 0 | ||
2005-07-07 | 2005-06-30 | 0.53 | 0.55 | 0.02 | 3 | ||
2005-04-07 | 2005-03-31 | 0.48 | 0.51 | 0.03 | 6 | ||
2005-01-12 | 2004-12-31 | 0.48 | 0.53 | 0.05 | 10 | ||
2004-10-07 | 2004-09-30 | 0.37 | 0.37 | 0.0 | 0 | ||
2004-07-08 | 2004-06-30 | 0.4 | 0.37 | -0.03 | 7 | ||
2004-04-08 | 2004-03-31 | 0.36 | 0.35 | -0.01 | 2 | ||
2004-01-07 | 2003-12-31 | 0.37 | 0.36 | -0.01 | 2 | ||
2003-10-07 | 2003-09-30 | 0.31 | 0.32 | 0.01 | 3 | ||
2003-07-09 | 2003-06-30 | 0.35 | 0.38 | 0.03 | 8 | ||
2003-04-09 | 2003-03-31 | 0.29 | 0.33 | 0.04 | 13 | ||
2003-01-07 | 2002-12-31 | 0.34 | 0.34 | 0.0 | 0 | ||
2002-10-09 | 2002-09-30 | 0.31 | 0.32 | 0.01 | 3 | ||
2002-07-10 | 2002-06-30 | 0.25 | 0.26 | 0.01 | 4 | ||
2002-04-10 | 2002-03-31 | 0.24 | 0.24 | 0.0 | 0 | ||
2002-01-08 | 2001-12-31 | 0.25 | 0.22 | -0.03 | 12 | ||
2001-10-10 | 2001-09-30 | 0.25 | 0.25 | 0.0 | 0 | ||
2001-07-11 | 2001-06-30 | 0.23 | 0.19 | -0.04 | 17 | ||
2001-04-12 | 2001-03-31 | 0.24 | 0.25 | 0.01 | 4 | ||
2001-01-10 | 2000-12-31 | 0.23 | 0.26 | 0.03 | 13 | ||
2000-10-11 | 2000-09-30 | 0.21 | 0.22 | 0.01 | 4 | ||
2000-07-11 | 2000-06-30 | 0.17 | 0.2 | 0.03 | 17 | ||
2000-04-20 | 2000-03-31 | 0.15 | 0.14 | -0.01 | 6 | ||
2000-01-12 | 1999-12-31 | 0.16 | 0.21 | 0.05 | 31 | ||
1999-10-11 | 1999-09-30 | 0.16 | 0.16 | 0.0 | 0 | ||
1999-07-15 | 1999-06-30 | 0.13 | 0.14 | 0.01 | 7 | ||
1999-01-14 | 1998-12-31 | 0.11 | 0.06 | -0.05 | 45 | ||
1998-11-18 | 1998-09-30 | 0.1 | 0.04 | -0.06 | 60 |
Mercantile Bank Corporate Management
| John Schulte | Senior Bank | Profile | |
| Justin Karl | Executive Bank | Profile | |
| Tara Randall | Executive Officer | Profile | |
| David Miller | Senior Bank | Profile | |
| Douglas Ouellette | Senior Bank | Profile |
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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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 (0.02) | Dividend Share 1.42 | Earnings Share 4.93 | Revenue Per Share | Quarterly Revenue Growth 0.034 |
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.