Mercantile Bank Balance Sheet - Quarterly (NASDAQ:MBWM)

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

A thorough fundamental analysis involves using data from Mercantile Bank balance sheet, apart from other financial statements, to value the business. As in our Mercantile Bank stock analysis, analyzing a company also involves looking at the company's assets and liabilities as given in its balance sheet, which can be used to measure financial performance. A company releases its balance sheet every quarter along with its quarterly results. Mercantile Bank had a long term debt of $222.66M at the end of 2016-Q3. Mercantile Bank operating cash flow was $22.15M while Mercantile Bank revenue stood at $34.32M. View Mercantile Bank quarterly results to get the balance sheet details for the latest & last 40 quarters data..

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Fiscal year is Jan - Dec. 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2
Marketable Securities----------
Raw Materials----------
Work In Progress----------
Finished Goods----------
Notes Receivable----------
Other Current Assets----------
Mercantile Bank Total Current Assets
Property Plant & Equipment73.23M72.93M72.62M72.9M72.87M72.54M72.27M71.96M70.89M70.87M
Accumulated Depreciation28.02M27.37M26.65M26.03M25.36M24.63M23.9M23.15M22.32M21.86M
Mercantile Bank Net Property Plant & Equipment
Investment & Advances333.46M331.47M351.37M354.55M374.74M381.01M427.39M446.61M473.23M494.5M
Other Non-Current Assets---------2.87M
Deferred Charges---------9.23M
Deposits & Other Assets94.63M92.38M86.74M88.09M91.19M89.79M88.62M90.88M55.99M76.38M
Mercantile Bank Total Assets
Notes Payable154.77M167.56M69.3M64.76M72.56M116.97M102.35M94.41M111.26M95.27M
Accounts Payable2.33B2.28B2.27B2.28B2.25B2.28B2.28B2.28B2.27B2.3B
Current Portion Long-Term Debt----------
Current Portion Capital Leases----------
Accrued Expenses15.54M16.45M17.74M16.44M17.29M13.28M14M12.26M16.2M10.25M
Income Taxes Payable----------
Other Current Liabilities----------
Mercantile Bank Total Current Liabilities
Deferred Taxes/Income----------
Convertible Debt----------
Long-Term Debt222.66M222.49M142.32M123.15M122.98M102.81M102.65M108.49M111.33M125.52M
Non-Current Capital Leases----------
Other Long-Term Liabilities----------
Mercantile Bank Total Liabilities
Minority Interest----------
Preferred Stock----------
Common Stock Net304.02M303.33M302.36M304.81M304.37M310.13M316.53M317.9M317.37M318.45M
Capital Surplus----------
Retained Earnings43.65M38.55M33.69M27.72M23.67M18.76M14.48M10.21M5.94M0.67M
Treasury Stock----------
Other Liabilities1.78M2.68M2.49M1.26M0.76M0.06M1.76M0.01M-2.32M-2.98M
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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Looking at Mercantile Bank historical stock prices and the current Mercantile Bank stock price can tell you how the stock price has moved, whereas the Mercantile Bank PE ratio chart shows if its shares are overpriced in comparison to peers. The important things to look for in a balance sheet are:
  • 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 quarter is $3.06B. 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: 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 $2.71B.