Mercantile Bank Corporation
MBWM · NASDAQ
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Market Cap | $717,668 | $646,726 | $530,993 | $560,025 |
| - Cash | $393,010 | $130,533 | $96,772 | $975,160 |
| + Debt | $648,248 | $836,259 | $640,189 | $693,353 |
| Enterprise Value | $972,906 | $1,352,452 | $1,074,410 | $278,218 |
| Revenue | $361,891 | $303,501 | $213,916 | $198,656 |
| % Growth | 19.2% | 41.9% | 7.7% | – |
| Gross Profit | $224,075 | $217,988 | $183,771 | $183,524 |
| % Margin | 61.9% | 71.8% | 85.9% | 92.4% |
| EBITDA | $108,791 | $114,195 | $88,735 | $87,394 |
| % Margin | 30.1% | 37.6% | 41.5% | 44% |
| Net Income | $79,593 | $82,217 | $61,063 | $59,021 |
| % Margin | 22% | 27.1% | 28.5% | 29.7% |
| EPS Diluted | 4.93 | 5.13 | 3.85 | 3.69 |
| % Growth | -3.9% | 33.2% | 4.3% | – |
| Operating Cash Flow | $101,118 | $66,613 | $119,862 | $64,573 |
| Capital Expenditures | -$8,530 | -$6,687 | -$3,017 | -$5,602 |
| Free Cash Flow | $92,588 | $59,926 | $116,845 | $58,971 |