Mercantile Bank Balance Sheet - Annual (NASDAQ:MBWM)

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$33.5 $0.16 (0.48%) MBWM stock closing price Feb 24, 2017 (Closing)

A balance sheet is one of the three key financial statements released by a publicly listed company like Mercantile Bank, and helps in stock analysis. Financial strength can be guaged by performing Mercantile Bank stock analysis and by analyzing the balance sheet. Quarterly results are typically accompanied with the company releasing financial statements. The Mercantile Bank balance sheet for 2015 shows cash on hand of $89.89M. The cash has decreased by $82.84M. Mercantile Bank revenue was $139.5M and Mercantile Bank operating cash flow was $36M. View latest and last 10 year balance sheet data to check Mercantile Bank financial performance..

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Annual
Quarterly
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Fiscal year is Jan - Dec. 2015 2014 2013 2012 2011 2010 2009 2008 2007
Cash89.89M172.73M146.96M136M66.73M54.59M20.26M25.7M29.13M
Marketable Securities----9.64M9.6M1.47M0.1M0.29M
Receivables2.26B2.07B1.03B1.02B1.04B1.22B1.5B1.84B1.78B
Inventory---------
Raw Materials---------
Work In Progress---------
Finished Goods---------
Notes Receivable---------
Other Current Assets---------
Mercantile Bank Total Current Assets
2.35B2.24B1.18B1.15B1.12B1.29B1.52B1.86B1.81B
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
46.86M48.81M24.89M25.91M26.8M27.87M29.68M32.33M34.35M
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----
Intangibles62.1M65.09M-------
Deposits & Other Assets88.09M90.88M57.28M65.35M63.51M65.29M71.76M68.76M61.86M
Mercantile Bank Total Assets
2.9B2.89B1.43B1.42B1.43B1.63B1.91B2.21B2.12B
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
2.45B2.46B1.2B1.21B1.19B1.4B1.51B1.71B1.73B
Mortgages---------
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
2.57B2.57B1.27B1.28B1.27B1.51B1.77B2.03B1.94B
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
333.8M328.13M153.32M146.59M164.99M125.93M140.1M174.37M178.15M
Mercantile Bank Total Liabilities & Shareholders Equity
2.9B2.89B1.43B1.42B1.43B1.63B1.91B2.21B2.12B
All figures in USD. M: Millions of USD, B: Billions of USD.
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Apart from balance sheet items, an investor would do well to keep track of the Mercantile Bank stock price by looking at Mercantile Bank historical stock prices. One can compare PE with industry average by looking at the Mercantile Bank PE ratio chart. The common balance sheet items are:
  • Assets: Anything that the Mercantile Bank company owns and is a part of its books. Assets can be of three types: fixed, current and other assets which includes intangibles, advances. Internet companies typically don't have a lot of assets as there is not much investment in say machinery, equipment etc. Mercantile Bank had total assets of $2.9B.
  • Liabilities: This item on the balance sheet implies the firm's, in this case Mercantile Bank's, legal obligations including loans, accounts payable, deferred revenue, accrued expenses and mortgages. The total liabilities for MBWM stock stand at $2.57B.
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