Mercantile Bank Balance Sheet - Annual (NASDAQ:MBWM)

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$27.38 $0.01 (0.04%) MBWM stock closing price Oct 27, 2016 (Closing)

The financial analysis of a company involves interpreting the income statement, balance sheet and cash flow statements of the company to draw insights like we've done in our Mercantile Bank stock analysis. A balance sheet can help evaluate the financial performance of a company. Ratios like return on total assets and current ratio, which also uses cash on hand can be used to measure the operating efficiency of a firm, and can be used to conduct a more accurate Mercantile Bank stock analysis. Quarterly results are typically accompanied with the company releasing financial statements. Mercantile Bank revenue was $128.36M and Mercantile Bank operating cash flow was $36M forĀ 2015. The balance sheet shows total liabilities of $2.57B and shareholders equity of $333.8M. 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 2006
Marketable Securities----9.64M9.6M1.47M0.1M0.29M0.28M
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 & Advances354.55M446.61M143.13M150.27M184.95M235.17M257.38M242.78M211.73M202.41M
Other Non-Current Assets--2.85M6.97M15.28M16.67M26.6M---
Deferred Charges--17.75M22.01M26.01M-----
Deposits & Other Assets88.09M90.88M57.28M65.35M63.51M65.29M71.76M68.76M61.86M45.57M
Mercantile Bank Total Assets
Notes Payable154.77M167.56M69.3M64.76M72.56M116.97M102.35M94.41M111.26M95.27M
Accounts Payable2.28B2.28B1.12B1.14B1.11B1.27B1.4B1.6B1.59B1.65B
Current Portion Long-Term Debt----------
Current Portion Capital Leases----------
Accrued Expenses16.44M12.26M7.43M6.93M4.16M5.88M7.24M17.13M23.79M21.87M
Income Taxes Payable----------
Other Current Liabilities----------
Mercantile Bank Total Current Liabilities
Deferred Taxes/Income----------
Convertible Debt----------
Long-Term Debt123.15M108.49M77.99M69.43M79.42M109.79M254.88M322.51M217M131.3M
Non-Current Capital Leases----------
Other Long-Term Liabilities----------
Mercantile Bank Total Liabilities
Minority Interest----------
Preferred Stock----20.33M20.07M19.83M---
Common Stock Net304.81M317.9M162.99M166.07M172.84M172.67M172.43M172.35M172.93M161.22M
Capital Surplus----------
Retained Earnings27.72M10.21M-4.1M-21.13M-32.63M-68.78M-54.17M-1.28M4.94M11.79M
Treasury Stock----------
Other Liabilities1.26M0.01M-5.57M1.65M4.46M1.96M1.99M3.3M0.26M-1.1M
Mercantile Bank Shareholders Equity
Mercantile Bank Total Liabilities & Shareholders Equity
All figures in USD. M: Millions of USD, B: Billions of USD.

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 economic value. The two major types of assets are: fixed assets like real estate, plant and machinery and current assets like cash, marketable securities and inventory. The total asset value for MBWM stock as of year is $2.9B. Its easy to associate the term with manufacturing companies, which invest a lot in factories and equipment. However, the same cannot be said about tech stocks.
  • 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.

Mercantile Bank Balance Sheet - Key Ratios

Current ratio
Debt to Equity ratio
Asset Turnover
receivables turnover

Annual Balance Sheets For Mercantile Bank Corp. Peers

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