US Stock MarketDetailed Quotes

MBWM Mercantile Bank

Watchlist
  • 45.720
  • -0.220-0.48%
Close May 14 16:00 ET
  • 45.720
  • 0.0000.00%
Post 16:20 ET
742.27MMarket Cap9.53P/E (TTM)

Mercantile Bank Key Stats

Earnings

Revenue Breakdown

Financial Indicators

Income Statement

Balance Sheet

Cash Flow

Quarterly+Annual
YOY yoy
Hide blank lines yoy
(Q1)Mar 31, 2025
(FY)Dec 31, 2024
(Q4)Dec 31, 2024
(Q3)Sep 30, 2024
(Q2)Jun 30, 2024
(Q1)Mar 31, 2024
(FY)Dec 31, 2023
(Q4)Dec 31, 2023
(Q3)Sep 30, 2023
(Q2)Jun 30, 2023
Assets
Cash cash equivalents and federal funds sold
62.48%385.46M
201.08%393.01M
201.08%393.01M
23.52%328.55M
-4.89%197.63M
309.46%237.23M
34.89%130.53M
34.89%130.53M
-6.35%265.99M
-56.63%207.8M
-Cash and cash equivalents
62.48%385.46M
201.08%393.01M
201.08%393.01M
23.52%328.55M
-4.89%197.63M
309.46%237.23M
34.89%130.53M
34.89%130.53M
-6.35%265.99M
-56.63%207.8M
Net loan
7.24%4.6B
6.78%4.56B
6.78%4.56B
11.29%4.53B
9.60%4.4B
9.12%4.28B
10.17%4.27B
10.17%4.27B
5.45%4.07B
8.60%4.02B
-Gross loan
7.27%4.65B
6.81%4.62B
6.81%4.62B
11.37%4.58B
9.76%4.46B
9.25%4.34B
10.26%4.32B
10.26%4.32B
5.63%4.11B
8.75%4.06B
-Allowance for loans and lease losses
9.74%56.67M
9.10%54.45M
9.10%54.45M
17.88%56.59M
23.90%55.41M
20.43%51.64M
18.15%49.91M
18.15%49.91M
22.72%48.01M
24.31%44.72M
Securities and investments
-12.42%533.48M
18.35%730.35M
18.35%730.35M
18.75%703.38M
6.39%647.91M
-1.75%609.15M
2.35%617.09M
2.35%617.09M
1.60%592.31M
0.88%608.97M
-Short term investments
-12.42%533.48M
18.35%730.35M
18.35%730.35M
18.75%703.38M
6.39%647.91M
-1.75%609.15M
2.35%617.09M
2.35%617.09M
1.60%592.31M
0.88%608.97M
Federal home loan bank stock
0.00%21.51M
0.00%21.51M
0.00%21.51M
0.00%21.51M
0.00%21.51M
21.40%21.51M
21.40%21.51M
21.40%21.51M
21.40%21.51M
21.40%21.51M
Bank owned life insurance
10.39%94.42M
9.54%93.84M
9.54%93.84M
5.59%86.49M
5.52%86M
5.44%85.53M
6.12%85.67M
6.12%85.67M
7.94%81.91M
7.71%81.5M
Net PPE
5.62%53.69M
4.91%53.43M
4.91%53.43M
3.83%54.23M
-4.08%50.16M
-1.31%50.84M
-1.06%50.93M
-1.06%50.93M
0.22%52.23M
1.73%52.29M
-Gross PPE
8.82%104.56M
8.79%103.04M
8.79%103.04M
8.15%102.53M
3.83%96.96M
4.86%96.09M
4.85%94.72M
4.85%94.72M
5.95%94.81M
6.48%93.39M
-Accumulated depreciation
-12.40%-50.87M
-13.31%-49.62M
-13.31%-49.62M
-13.44%-48.3M
-13.89%-46.8M
-12.77%-45.26M
-12.68%-43.79M
-12.68%-43.79M
-13.94%-42.58M
-13.20%-41.1M
Goodwill and other intangible assets
0.00%49.47M
0.00%49.47M
0.00%49.47M
-0.43%49.47M
-0.58%49.47M
-0.85%49.47M
0.00%49.47M
0.00%49.47M
-1.05%49.69M
-1.21%49.76M
-Goodwill
0.00%49.47M
0.00%49.47M
0.00%49.47M
0.00%49.47M
0.00%49.47M
0.00%49.47M
0.00%49.47M
0.00%49.47M
0.00%49.47M
0.00%49.47M
-Other intangible assets
----
----
----
----
----
----
----
----
-71.39%212K
-67.67%291K
Other assets
220.17%408.09M
18.18%148.4M
18.18%148.4M
22.32%147.82M
49.70%144.74M
39.68%127.46M
31.38%125.57M
31.38%125.57M
23.64%120.85M
21.07%96.69M
Total assets
12.35%6.14B
13.06%6.05B
13.06%6.05B
12.69%5.92B
9.05%5.6B
11.64%5.47B
9.86%5.35B
9.86%5.35B
4.67%5.25B
1.56%5.14B
Liabilities
Total deposits
16.82%4.68B
20.44%4.7B
20.44%4.7B
14.23%4.46B
10.38%4.15B
11.39%4.01B
5.07%3.9B
5.07%3.9B
1.42%3.9B
-3.02%3.76B
Federal funds purchased and securities sold under agreement to repurchase
5.90%242.1M
-47.10%121.52M
-47.10%121.52M
34.65%220.94M
1.11%221.9M
-6.56%228.62M
18.21%229.73M
18.21%229.73M
-17.38%164.08M
7.93%219.46M
Current debt and capital lease obligation
--60M
----
----
----
----
----
----
----
----
----
-Current debt
--60M
----
----
----
----
----
----
----
----
----
Long term debt and capital lease obligation
-23.86%446.12M
-13.16%526.73M
-13.16%526.73M
-6.67%556.47M
-6.57%566.21M
13.61%585.96M
36.04%606.53M
36.04%606.53M
25.37%596.27M
21.37%606.01M
-Long term debt
-23.86%446.12M
-13.16%526.73M
-13.16%526.73M
-6.67%556.47M
-6.57%566.21M
13.61%585.96M
36.04%606.53M
36.04%606.53M
25.37%596.27M
21.37%606.01M
Other liabilities
-3.82%102.85M
28.88%121.02M
28.88%121.02M
-5.81%100.51M
52.10%116.55M
52.60%106.93M
20.06%93.9M
20.06%93.9M
32.75%106.72M
44.49%76.63M
Total liabilities
12.24%5.53B
13.18%5.47B
13.18%5.47B
11.87%5.33B
8.42%5.05B
11.31%4.93B
9.02%4.83B
9.02%4.83B
3.63%4.77B
0.63%4.66B
Shareholders'equity
Share capital
1.58%300.73M
1.56%299.71M
1.56%299.71M
1.61%298.7M
1.60%297.59M
1.56%296.07M
1.61%295.11M
1.61%295.11M
1.64%293.96M
1.63%292.91M
-common stock
1.58%300.73M
1.56%299.71M
1.56%299.71M
1.61%298.7M
1.60%297.59M
1.56%296.07M
1.61%295.11M
1.61%295.11M
1.64%293.96M
1.63%292.91M
-Preferred stock
--0
--0
--0
--0
--0
--0
--0
--0
--0
--0
Retained earnings
18.64%348.28M
20.58%334.65M
20.58%334.65M
22.02%320.72M
24.05%306.8M
26.46%293.55M
28.30%277.53M
28.30%277.53M
31.75%262.84M
31.23%247.31M
Gains losses not affecting retained earnings
23.23%-40.67M
1.31%-49.83M
1.31%-49.83M
50.92%-36.12M
13.45%-53.24M
5.85%-52.98M
22.73%-50.49M
22.73%-50.49M
-1.55%-73.59M
-29.05%-61.52M
Total stockholders'equity
13.36%608.35M
11.95%584.53M
11.95%584.53M
20.72%583.31M
15.13%551.15M
14.82%536.64M
18.29%522.15M
18.29%522.15M
16.08%483.21M
11.59%478.7M
Total equity
13.36%608.35M
11.95%584.53M
11.95%584.53M
20.72%583.31M
15.13%551.15M
14.82%536.64M
18.29%522.15M
18.29%522.15M
16.08%483.21M
11.59%478.7M
Currency Unit
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
Accounting Standards
US-GAAP
US-GAAP
US-GAAP
US-GAAP
US-GAAP
US-GAAP
US-GAAP
US-GAAP
US-GAAP
US-GAAP
Audit Opinions
--
Unqualified Opinion
--
--
--
--
--
--
--
--
(Q1)Mar 31, 2025(FY)Dec 31, 2024(Q4)Dec 31, 2024(Q3)Sep 30, 2024(Q2)Jun 30, 2024(Q1)Mar 31, 2024(FY)Dec 31, 2023(Q4)Dec 31, 2023(Q3)Sep 30, 2023(Q2)Jun 30, 2023
Assets
Cash cash equivalents and federal funds sold 62.48%385.46M201.08%393.01M201.08%393.01M23.52%328.55M-4.89%197.63M309.46%237.23M34.89%130.53M34.89%130.53M-6.35%265.99M-56.63%207.8M
-Cash and cash equivalents 62.48%385.46M201.08%393.01M201.08%393.01M23.52%328.55M-4.89%197.63M309.46%237.23M34.89%130.53M34.89%130.53M-6.35%265.99M-56.63%207.8M
Net loan 7.24%4.6B6.78%4.56B6.78%4.56B11.29%4.53B9.60%4.4B9.12%4.28B10.17%4.27B10.17%4.27B5.45%4.07B8.60%4.02B
-Gross loan 7.27%4.65B6.81%4.62B6.81%4.62B11.37%4.58B9.76%4.46B9.25%4.34B10.26%4.32B10.26%4.32B5.63%4.11B8.75%4.06B
-Allowance for loans and lease losses 9.74%56.67M9.10%54.45M9.10%54.45M17.88%56.59M23.90%55.41M20.43%51.64M18.15%49.91M18.15%49.91M22.72%48.01M24.31%44.72M
Securities and investments -12.42%533.48M18.35%730.35M18.35%730.35M18.75%703.38M6.39%647.91M-1.75%609.15M2.35%617.09M2.35%617.09M1.60%592.31M0.88%608.97M
-Short term investments -12.42%533.48M18.35%730.35M18.35%730.35M18.75%703.38M6.39%647.91M-1.75%609.15M2.35%617.09M2.35%617.09M1.60%592.31M0.88%608.97M
Federal home loan bank stock 0.00%21.51M0.00%21.51M0.00%21.51M0.00%21.51M0.00%21.51M21.40%21.51M21.40%21.51M21.40%21.51M21.40%21.51M21.40%21.51M
Bank owned life insurance 10.39%94.42M9.54%93.84M9.54%93.84M5.59%86.49M5.52%86M5.44%85.53M6.12%85.67M6.12%85.67M7.94%81.91M7.71%81.5M
Net PPE 5.62%53.69M4.91%53.43M4.91%53.43M3.83%54.23M-4.08%50.16M-1.31%50.84M-1.06%50.93M-1.06%50.93M0.22%52.23M1.73%52.29M
-Gross PPE 8.82%104.56M8.79%103.04M8.79%103.04M8.15%102.53M3.83%96.96M4.86%96.09M4.85%94.72M4.85%94.72M5.95%94.81M6.48%93.39M
-Accumulated depreciation -12.40%-50.87M-13.31%-49.62M-13.31%-49.62M-13.44%-48.3M-13.89%-46.8M-12.77%-45.26M-12.68%-43.79M-12.68%-43.79M-13.94%-42.58M-13.20%-41.1M
Goodwill and other intangible assets 0.00%49.47M0.00%49.47M0.00%49.47M-0.43%49.47M-0.58%49.47M-0.85%49.47M0.00%49.47M0.00%49.47M-1.05%49.69M-1.21%49.76M
-Goodwill 0.00%49.47M0.00%49.47M0.00%49.47M0.00%49.47M0.00%49.47M0.00%49.47M0.00%49.47M0.00%49.47M0.00%49.47M0.00%49.47M
-Other intangible assets ---------------------------------71.39%212K-67.67%291K
Other assets 220.17%408.09M18.18%148.4M18.18%148.4M22.32%147.82M49.70%144.74M39.68%127.46M31.38%125.57M31.38%125.57M23.64%120.85M21.07%96.69M
Total assets 12.35%6.14B13.06%6.05B13.06%6.05B12.69%5.92B9.05%5.6B11.64%5.47B9.86%5.35B9.86%5.35B4.67%5.25B1.56%5.14B
Liabilities
Total deposits 16.82%4.68B20.44%4.7B20.44%4.7B14.23%4.46B10.38%4.15B11.39%4.01B5.07%3.9B5.07%3.9B1.42%3.9B-3.02%3.76B
Federal funds purchased and securities sold under agreement to repurchase 5.90%242.1M-47.10%121.52M-47.10%121.52M34.65%220.94M1.11%221.9M-6.56%228.62M18.21%229.73M18.21%229.73M-17.38%164.08M7.93%219.46M
Current debt and capital lease obligation --60M------------------------------------
-Current debt --60M------------------------------------
Long term debt and capital lease obligation -23.86%446.12M-13.16%526.73M-13.16%526.73M-6.67%556.47M-6.57%566.21M13.61%585.96M36.04%606.53M36.04%606.53M25.37%596.27M21.37%606.01M
-Long term debt -23.86%446.12M-13.16%526.73M-13.16%526.73M-6.67%556.47M-6.57%566.21M13.61%585.96M36.04%606.53M36.04%606.53M25.37%596.27M21.37%606.01M
Other liabilities -3.82%102.85M28.88%121.02M28.88%121.02M-5.81%100.51M52.10%116.55M52.60%106.93M20.06%93.9M20.06%93.9M32.75%106.72M44.49%76.63M
Total liabilities 12.24%5.53B13.18%5.47B13.18%5.47B11.87%5.33B8.42%5.05B11.31%4.93B9.02%4.83B9.02%4.83B3.63%4.77B0.63%4.66B
Shareholders'equity
Share capital 1.58%300.73M1.56%299.71M1.56%299.71M1.61%298.7M1.60%297.59M1.56%296.07M1.61%295.11M1.61%295.11M1.64%293.96M1.63%292.91M
-common stock 1.58%300.73M1.56%299.71M1.56%299.71M1.61%298.7M1.60%297.59M1.56%296.07M1.61%295.11M1.61%295.11M1.64%293.96M1.63%292.91M
-Preferred stock --0--0--0--0--0--0--0--0--0--0
Retained earnings 18.64%348.28M20.58%334.65M20.58%334.65M22.02%320.72M24.05%306.8M26.46%293.55M28.30%277.53M28.30%277.53M31.75%262.84M31.23%247.31M
Gains losses not affecting retained earnings 23.23%-40.67M1.31%-49.83M1.31%-49.83M50.92%-36.12M13.45%-53.24M5.85%-52.98M22.73%-50.49M22.73%-50.49M-1.55%-73.59M-29.05%-61.52M
Total stockholders'equity 13.36%608.35M11.95%584.53M11.95%584.53M20.72%583.31M15.13%551.15M14.82%536.64M18.29%522.15M18.29%522.15M16.08%483.21M11.59%478.7M
Total equity 13.36%608.35M11.95%584.53M11.95%584.53M20.72%583.31M15.13%551.15M14.82%536.64M18.29%522.15M18.29%522.15M16.08%483.21M11.59%478.7M
Currency Unit USDUSDUSDUSDUSDUSDUSDUSDUSDUSD
Accounting Standards US-GAAPUS-GAAPUS-GAAPUS-GAAPUS-GAAPUS-GAAPUS-GAAPUS-GAAPUS-GAAPUS-GAAP
Audit Opinions --Unqualified Opinion----------------

Market Insights

Warren Buffett Portfolio Warren Buffett Portfolio

Buffett's holdings are the latest portfolio from Berkshire Hathaway. Regarded as a top investor, his trades often signal the market and influence the industry. Buffett's holdings are the latest portfolio from Berkshire Hathaway. Regarded as a top investor, his trades often signal the market and influence the industry.

No. Symbol 5D % Chg
Sample Name
Sample Code
 +12.33%
Sample Name
Sample Code
 +11.41%
Sample Name
Sample Code
 +11.31%
4
Ally Financial
ALLY
+10.06%
5
Bank of America
BAC
+9.31%
Unlock Now

Discussing

Berkshire 2025 highlights: Stepping aside as CEO, trade and market volatility
$Berkshire Hathaway-A (BRK.A.US)$ held its highly anticipated annual shareholders meeting Saturday. Here are some key takeaways from the eve Show More
Berkshire's 2025 Annual Shareholders Meeting

Discussing

FOMC holds rates amid heightened uncertainty: Where will US stocks head next?
🎙️Discussion 1. With the Fed highlighting "elevated uncertainty", are you prioritizing rate projections or near-term economic data for ma Show More
FOMC Press Conference, March 19, 2025
U.S Tech Companies U.S Tech Companies

U.S leading technology companies with strong market presence, influential in their industries, and notable for robust innovation and profitability. Information is provided by Futu and is a non-exhaustive list of all thematic stocks for reference purposes only. This section presents the top 5 stocks in U.S Tech Companies, ranked from highest to lowest based on real-time market data. U.S leading technology companies with strong market presence, influential in their industries, and notable for robust innovation and profitability. Information is provided by Futu and is a non-exhaustive list of all thematic stocks for reference purposes only. This section presents the top 5 stocks in U.S Tech Companies, ranked from highest to lowest based on real-time market data.

No. Symbol Price
Sample Name
Sample Code
 117.720
Sample Name
Sample Code
 135.340
Sample Name
Sample Code
 347.680
4
Alphabet-C
GOOG
166.810
5
Alphabet-A
GOOGL
165.370
Unlock Now
U.S. Crypto Concept Stocks U.S. Crypto Concept Stocks

Companies involved in the creation, trade, and services of digital forms of money.Displayed third-party logos, brands, or trademark images on screens or web pages are only for identification purposes and remain the property of their respective owners.Displayed third-party logos, brands, or trademark images on screens or web pages are only for identification purposes and remain the property of their respective owners. Information is provided by Futu and is a non-exhaustive list of all thematic stocks for reference purposes only. This section presents the top 5 stocks in U.S. Crypto Concept Stocks, ranked from highest to lowest based on real-time market data. Companies involved in the creation, trade, and services of digital forms of money.Displayed third-party logos, brands, or trademark images on screens or web pages are only for identification purposes and remain the property of their respective owners.Displayed third-party logos, brands, or trademark images on screens or web pages are only for identification purposes and remain the property of their respective owners. Information is provided by Futu and is a non-exhaustive list of all thematic stocks for reference purposes only. This section presents the top 5 stocks in U.S. Crypto Concept Stocks, ranked from highest to lowest based on real-time market data.

No. Symbol Price
Sample Name
Sample Code
 0.4232
Sample Name
Sample Code
 2.100
Sample Name
Sample Code
 263.410
4
The9 Ltd
NCTY
12.000
5
FRMO CORP
FRMO
8.310
Unlock Now

Monetary Policy: Navigating the Fed's Rate Cut Cycle

Changing Fed policy is altering the market math for investors.

Earnings Season Underway

Earnings season is here. What to know?

- No more -