Mercantile Bank Corporation (MBWM) Stock Split, History Data
Working capital analysis
In terms of working capital, Mercantile Bank Corporation maintains a healthy position.
The total current assets of the company are valued at $150233000.
This represents a growth rate of -78.529% compared to the previous year.
Breaking down the current assets, the cash and investments are worth $130533000, exhibiting a growth rate of 34.887% year-on-year.
On the liabilities side, the company's current liabilities total $1945441000.
This reflects a growth rate of 2387.426% over the previous year, indicating the company's financial obligations are well under control.
2023
2022
2021
2020
2019
2018
Cash and investments
130.53
96.77
975.16
626.01
233.73
75.35
Receavebles
0.00
0.00
0.00
0.00
0.00
0.00
Inventory
0.00
0.00
0.00
0.00
0.00
0.00
Other
150.23
112.25
984.47
637.57
244.13
2510.47
Total Current Assets
150.23
699.71
1567.90
1013.35
568.39
2923.19
Acc Payable
0.00
78.21
24.64
24.31
22.41
25.23
Short Term Debt
321.69
275.78
291.46
138.37
142.68
143.52
Other Current Liab
1623.75
78.21
24.64
24.31
22.41
25.23
Current Liabilities
1945.44
78.21
24.64
24.31
22.41
25.23
Capital Structure
When examining the capital structure of Mercantile Bank Corporation, it is clear that the company manages a robust portfolio.
The value of their total assets clocks in at $5465953000.
When juxtaposed with the previous year, this marks a growth rate of 11.644%, showcasing the company's ability to steadily grow its asset base.
Turning to liabilities, the company has total liabilities amounting to $4929309000.
Compared to the prior year, this reflects a growth rate of 11.309%.
The long-term debt forms a sizable part of these liabilities, coming in at $505093000.
Over the last year, the long-term debt has grown by -2.067%.
On the asset side, the cash and equivalent reserves are worth $237231000.
The year-on-year growth of these reserves is 309.457%.
The company's common stock, another important asset, holds a value of $296065000, growing at a rate of 1.560% from the previous year.
Finally, the company's retained earnings stand at $293554000, marking a growth rate of 26.465% year-over-year.
These earnings represent the profits that Mercantile Bank Corporation has chosen to reinvest in the business rather than distribute as dividends.
Total Assets
$5,465.95
Total liabilities
$4,929,309,000.00
Long term debt
$505.09
Cash and eqv
$237,231,000.00
Goodwill
$49.47
Retained earnings
$293,554,000.00
Common stock
$13.90
Enterprise Value
$0.00
Historical dividend key summary
Mercantile Bank Corporation's dividend per share is $1.36, showing the earnings shared with shareholders per share. It has grown by -47.761% this year, suggesting that the company is generating increased income for shareholders and expecting future earnings growth.
Years
Q1
Q2
Q3
Q4
Total
2024
0.350
0.350
0.000
0.000
0.700
2023
0.330
0.330
0.340
0.340
1.340
2022
0.310
0.310
0.320
0.320
1.260
2021
0.290
0.290
0.300
0.300
1.180
2020
0.280
0.280
0.280
0.280
1.120
2019
0.260
0.260
0.270
0.270
1.060
2018
0.220
0.220
0.240
1.000
1.680
2017
0.180
0.180
0.190
0.190
0.740
2016
0.160
0.160
0.170
0.670
1.160
2015
0.140
0.140
0.150
0.150
0.580
2014
0.120
0.120
0.120
0.120
0.480
2013
0.100
0.110
0.120
0.120
0.450
2012
0.000
0.000
0.000
0.090
0.090
2010
0.010
0.000
0.000
0.000
0.010
2009
0.040
0.010
0.010
0.010
0.070
2008
0.150
0.080
0.040
0.040
0.310
2007
0.133
0.140
0.140
0.140
0.553
2006
0.114
0.124
0.124
0.124
0.486
2005
0.091
0.100
0.105
0.105
0.400
2004
0.078
0.082
0.082
0.082
0.323
2003
0.069
0.069
0.069
0.069
0.276
Net earnings per share (EPS)
Mercantile Bank Corporation has an EPS of $1.34, which signifies the profit allocated per share of common stock. With a growth rate of -73.879% this year, it indicates the company's increasing profitability and potential for share value growth. This trend signals robust financial performance and future potential.
Years
Q1
Q2
Q3
Q4
Total
2024
1.34
-
-
-
1.34
2023
1.31
1.27
1.3
1.25
5.13
2022
0.73
0.74
1.01
1.37
3.85
2021
0.87
1.12
0.95
0.74
3.68
2020
0.65
0.54
0.66
0.87
2.72
2019
0.72
0.71
0.77
0.81
3.01
2018
0.66
0.57
0.61
0.7
2.54
2017
0.46
0.45
0.51
0.48
1.90
2016
0.52
0.46
0.48
0.49
1.95
2015
0.39
0.39
0.45
0.4
1.63
2014
0.41
0.13
0.35
0.37
1.26
2013
0.51
0.46
0.4
0.59
1.96
2012
0.3
0.38
0.3
0.35
1.33
2011
0.13
0.28
0.31
3.52
4.24
2010
-0.31
-0.0427
-0.63
-0.58
-1.56
2009
-0.53
-0.73
-0.62
-4.25
-6.13
2008
-0.44
-0.31
0.13
0.0368
-0.58
2007
0.49
0.26
0.28
0.0112
1.04
2006
0.54
0.58
0.62
0.52
2.26
2005
0.48
0.51
0.49
0.52
2.00
2004
0.35
0.38
0.35
0.54
1.62
2003
0.34
0.39
0.33
0.35
1.41
2002
0.24
0.26
0.33
0.35
1.18
2001
0.25
0.14
0.25
0.22
0.86
2000
0.14
0.18
0.22
0.25
0.79
1999
0.0794
0.1
0.12
0.2
0.50
1998
-0.54
-0.14
0.0397
0.0598
-0.58
Brief information
Mercantile Bank Corporation (MBWM) stock split history
Understanding the historical stock splits of Mercantile Bank Corporation (MBWM) provides insights into its past financial decisions and investor sentiment. A stock split occurs when a company increases its share count by dividing its existing shares. The most recent split took place on April 19, 2007 with a ratio of 105:100. Throughout its history, the company has undergone 6 stock splits. Below, we delve deeper into this history, highlighting past financial strategies.
