Mercantile Bank Revenue, Profits - MBWM Quarterly Income Statement

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$33.5 $0.17 (0.5%) MBWM stock closing price Sep 22, 2017 (Closing)

Looking at financial statements, along with the Mercantile Bank stock price, it's management, its economic moat, and industry competitors forms an important part of fundamental analysis. ξ In the income statement, an investor can check for important parameters like the topline or sales, the bottomline or profits, the basic EPS, dividends etc. Like any other income statement, the MBWM income statement also itemizes revenue/sales, operating expenses, and profits/bottomline for a quarter or year and reflects a QoQ revenue growth of $0.39M when compared to the same period in the past. The Mercantile Bank profit and loss statement for 2017-Q2 shows a profit of $7.34M. Profits have reduced from $7.62M QoQ. Apart from this an investor should also check Mercantile Bank assets and Mercantile Bank free cash flow. View details of revenue and profits for Mercantile Bank for latest & last 40 quarters

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Quarterly
Annual
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Fiscal year is Jan - Dec.2017 Q22017 Q12016 Q42016 Q32016 Q22016 Q12015 Q42015 Q32015 Q22015 Q1
Mercantile Bank Net Sales or Revenues
34.95M34.56M34.32M34.99M34.21M35.98M32.62M32.78M31.68M31.28M
Cost Of Goods Sold (COGS)2.02M1.86M1.95M1.92M1.81M1.86M1.97M1.96M1.77M1.89M
Mercantile Bank Gross Profit
32.92M32.68M32.39M33.06M32.39M34.1M30.69M30.8M29.9M29.38M
Research & Development Expense----------
Selling General & Admin Expense20.63M20.37M19M20.26M20.29M20.46M20.6M19.19M19.75M18.84M
Income Before Depreciation Depletion Amortization12.29M12.31M13.39M12.8M12.09M13.64M10.09M11.61M10.15M10.54M
Depreciation Depletion Amortization----------
Non Operating Income----------
Interest Expense1.68M1.32M1.35M1.33M1.22M1.14M0.98M0.9M0.84M0.84M
Mercantile Bank Pretax Income
10.6M10.98M12.04M11.47M10.87M12.5M9.12M10.7M9.31M9.7M
Provision for Income Taxes3.26M3.36M3.97M3.62M3.43M3.95M2.64M3.37M2.75M3.05M
Minority Interest----------
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations7.34M7.62M8.09M7.85M7.43M8.55M6.48M7.34M6.56M6.65M
Extraordinary Items & Discontinued Operations----------
Mercantile Bank Net Income (Profit/Loss)
7.34M7.62M8.09M7.85M7.43M8.55M6.48M7.34M6.56M6.65M
Average Shares used to compute Diluted EPS16.49M16.45M16.37M16.31M16.27M16.33M16.35M16.46M16.8M16.98M
Average Shares used to compute Basic EPS16.47M16.44M16.35M16.28M16.24M16.29M16.32M16.43M16.77M16.94M
Income Before Nonrecurring Items7.34M7.62M8.09M7.85M7.43M8.55M6.48M7.34M6.56M6.65M
Income from Nonrecurring Items----------
Mercantile Bank Earnings Per Share Basic Net
0.450.460.490.480.460.520.400.450.390.39
Mercantile Bank Earnings Per Share Diluted Net
0.450.460.490.480.460.520.400.450.390.39
EPS Diluted Before Nonrecurring Items0.450.460.490.480.460.520.400.450.390.39
Preferred Dividends Acc Pd----------
Dividends Common2.972.96--------
Dividend Per Share Common0.180.180.670.170.160.160.150.150.140.14
All figures in USD. M: Millions of USD, B: Billions of USD.
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Before investing one should read a report on Mercantile Bank stock analysis. It helps to look at the following income statement items:
  • Top line: The word topline comes from the fact that the first line of an income statement refers to sales numbers. If you check you will find that MBWM stock has a topline or revenue of $34.95M for 2017-Q2 as per this Mercantile Bank revenue chart. Investors look for stocks with a growing top line.
  • Bottom line: This refers to the last line in a profit and loss statement and denotes the net profit or loss for a particular period. The figure currently stands at $7.34M for Mercantile Bank for 2017-Q2. This figure is arrived at after deducting all operating expenses, interest, and taxes from revenue.
The income statement is also called statement of revenue and expense. The MBWM financials along with Mercantile Bank historical stock prices provide a lot of details about the firm .

Mercantile Bank Income Statement - Key Financial Ratios

PE Ratio (price earnings ratio)
17.82
PS Ratio (price sales ratio)
3.97
Operating Margin
35.2
Net Profit Margin
21
Dividend Yield
3.58%