MBWM Dividend: Mercantile Bank Corp Yield Insights

Income

Balance sheet

Cash flow

Annual

Quarterly

MBWM Income

Financials in millions USD. Fiscal year is February - January.

Breakdown	TTM	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020
Revenue	--	--	--	--	--	--
Revenue Growth (YoY)	--	--	--	--	--	--
Cost of Revenue	--	--	--	--	--	--
Gross Profit	--	--	--	--	--	--
Selling, General & Admin	--	--	--	--	--	--
Research & Development	--	--	--	--	--	--
Operating Expenses	--	--	--	--	--	--
Other Non Operating Income (Expenses)	--	--	--	--	--	--
Pretax Income	100	98	102	75	73	54
Income Tax Expense	15	18	20	14	14	10
Net Income	85	79	82	61	59	44
Net Income Growth	8%	-4%	34%	3%	34%	-10%
Shares Outstanding (Diluted)	16.24	16.13	16.01	15.9	16	16.3
Shares Change (YoY)	1%	1%	1%	-1%	-2%	-1%
EPS (Diluted)	5.27	4.93	5.13	3.85	3.69	2.71
EPS Growth	6%	-4%	33%	4%	36%	-10%
Free Cash Flow	65	92	59	116	59	28
Free Cash Flow Per Share	4	5.7	3.68	7.29	3.68	1.71
Gross Margin	--	--	--	--	--	--
Operating Margin	--	--	--	--	--	--
Profit Margin	--	--	--	--	--	--
Free Cash Flow Margin	--	--	--	--	--	--
EBITDA	--	--	--	--	--	--
EBITDA Margin	--	--	--	--	--	--
D&A For EBITDA	6	10	11	12	13	9
EBIT	--	--	--	--	--	--
EBIT Margin	--	--	--	--	--	--
Effective Tax Rate	15%	18.36%	19.6%	18.66%	19.17%	18.51%