The analyses and visuals on this site are for informational purposes only and do not constitute investment advice.

© 2026 Datafin Financial Data Analysis Systems. All rights reserved. · v2.0

Privacy PolicyTerms of UseCookie Policy

MBWM FINANCIAL STATEMENTS

Mercantile Bank Corporation — balance sheet, income statement and cash flow trends

MBWMMercantile Bank Corporation

🇺🇸 USA · NASDAQ · Financial Services · Banks - Regional

Value itDuel
PriceFinancialsPeers

Income Statement

Quarterly progression — trailing-twelve-month values
RevenueNet Income to Owners
0200 M400 M202120222023202420252026

Profit Funnel

Q2 2026 · TTM
Revenue384 M $Gross Profit261.1 M $ · 68%Operating Income110.5 M $ · 29%Pre-tax Income110.5 M $ · 29%Net Income to Owners95.2 M $ · 25%

Percentages are relative to revenue.

Key Figures

YoY change
Revenue384 M $+4.3%
Gross Profit261.1 M $+14.3%
Operating Income110.5 M $+13.0%
EBITDA116.7 M $+10.2%
Net Income to Owners95.2 M $+17.0%

No peer data is available for this stock.

Balance Sheet

Quarterly period-end values
Total AssetsTotal LiabilitiesEquity
02 B4 B6 B202120222023202420252026

Capital Structure

Q2 2026
Total Assets6.9 B
  • Equity736.9 M $11%
  • Current Liabilities219.5 M $3%
  • Long-term Liabilities6 B $86%

Key Figures

YoY change
Total Assets6.9 B $+12.4%
Total Liabilities6.2 B $+11.9%
Total Equity736.9 M $+16.7%
Cash & ST Investments48.4 M $-94.4%
Total Debt703.3 M $-4.9%
Net Debt654.8 M $+47.8%

No peer data is available for this stock.

Cash Flow Statement

Quarterly progression — trailing-twelve-month values
Operating Cash FlowCapital ExpendituresFree Cash Flow
050 M100 M202120222023202420252026

Cash Flow Bridge

Q2 2026 · TTM
020 M40 M60 M72.3 M $Operating-62.6 M $Investing35.2 M $Financing44.9 M $Net Change

Key Figures

YoY change
Operating Cash Flow72.3 M $+76.5%
Capital Expenditures4.1 M $-59.1%
Free Cash Flow68.2 M $+120.8%
Dividends Paid25.4 M $+9.5%

No peer data is available for this stock.

Amounts are in the company’s reporting currency. Peer comparison tables use ratio-based metrics so currency differences do not distort the picture.

Go deeper on MBWM

Run a DCF valuation

Full DCF model with editable assumptions

Start a head-to-head duel

Compare two stocks metric by metric

Filter in the stock screener

Build your own universe with 400+ metrics

Data on this page refreshes once per day. Price data as of Sep 11, 26. This content is for informational purposes only and is not investment advice.