Mercantile Bank Balance Sheet - Annual (NASDAQ:MBWM)

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$36.41 $2.05 (5.97%) MBWM stock closing price Mar 29, 2017 (Closing)

The financial analysis of a company like Mercantile Bank involves checking the three financial statements of the company in detail, of which the balance sheet is one. How cash on hand has increased or decreased is one of the many indicators used while undertaking the Mercantile Bank stock analysis, and provides insights into the firm's financial performance. A company releases its balance sheet every quarter along with its quarterly results. Whereas, Mercantile Bank revenue was $139.5M and Mercantile Bank operating cash flow was $36M for the same period. View latest and last 10 year balance sheet data to check Mercantile Bank financial performance..

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Fiscal year is Jan - Dec. 2015 2014 2013 2012 2011 2010 2009 2008 2007
Marketable Securities----9.64M9.6M1.47M0.1M0.29M
Raw Materials---------
Work In Progress---------
Finished Goods---------
Notes Receivable---------
Other Current Assets---------
Mercantile Bank Total Current Assets
Property Plant & Equipment72.9M71.96M46M45.98M46.03M45.53M45.57M45.91M-
Accumulated Depreciation26.03M23.15M21.1M20.06M19.23M17.66M15.89M13.57M-
Mercantile Bank Net Property Plant & Equipment
Investment & Advances354.55M446.61M143.13M150.27M184.95M235.17M257.38M242.78M211.73M
Other Non-Current Assets--2.85M6.97M15.28M16.67M26.6M--
Deferred Charges--17.75M22.01M26.01M----
Deposits & Other Assets88.09M90.88M57.28M65.35M63.51M65.29M71.76M68.76M61.86M
Mercantile Bank Total Assets
Notes Payable154.77M167.56M69.3M64.76M72.56M116.97M102.35M94.41M111.26M
Accounts Payable2.28B2.28B1.12B1.14B1.11B1.27B1.4B1.6B1.59B
Current Portion Long-Term Debt---------
Current Portion Capital Leases---------
Accrued Expenses16.44M12.26M7.43M6.93M4.16M5.88M7.24M17.13M23.79M
Income Taxes Payable---------
Other Current Liabilities---------
Mercantile Bank Total Current Liabilities
Deferred Taxes/Income---------
Convertible Debt---------
Long-Term Debt123.15M108.49M77.99M69.43M79.42M109.79M254.88M322.51M217M
Non-Current Capital Leases---------
Other Long-Term Liabilities---------
Mercantile Bank Total Liabilities
Minority Interest---------
Preferred Stock----20.33M20.07M19.83M--
Common Stock Net304.81M317.9M162.99M166.07M172.84M172.67M172.43M172.35M172.93M
Capital Surplus---------
Retained Earnings27.72M10.21M-4.1M-21.13M-32.63M-68.78M-54.17M-1.28M4.94M
Treasury Stock---------
Other Liabilities1.26M0.01M-5.57M1.65M4.46M1.96M1.99M3.3M0.26M
Mercantile Bank Shareholders Equity
Mercantile Bank Total Liabilities & Shareholders Equity
All figures in USD. M: Millions of USD, B: Billions of USD.
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The latest Mercantile Bank stock price, and Mercantile Bank historical stock prices show the stock price movement over time, and the Mercantile Bank PE ratio chart displays the PE ratio movement. Apart from stock price, one should also look at balance sheet items which mainly comprise of the following:
  • Assets: An asset is a resource that a corporation like Mercantile Bank owns and has monetary significance. MBWM assets grew from $2.89B in 2014 to $2.9B in 2015 . Assets can be of two types: fixed assets like real estate, plant and machinery; and current assets which includes cash, accounts receivable etc. Tech stocks typically don't have too many assets.
  • Liabilities: The total liabilities of Mercantile Bank for 2015 total to $2.57B. Liabilities for a company like Mercantile Bank include bank loans, services which have been availed for which a settlement in the form of cash/ asset transfer needs to be done in future etc. A firm takes on such obligations to grow its business which in turn will generate future economic benefits for its business.