Financials • Mercantile Bank

MBWM

Mercantile Bank Corp operates as a bank holding company. It offers various commercial banking services to individuals, businesses, governmental units, and other institutions. These services include deposit products such as checking, savings, and term certificate accounts and lending products such as commercial, residential mortgage, and installment loans. The company generates revenue from interest and dividends earned on loans, securities, and other financial instruments.

Complete and updated financials table with all primary indicators: Net Income, Revenue, EBITDA, Margin, ROE, Dividends

Year	Revenue	CLP	Net Inc	Net Mrg	EPS	CLP/Net Inc	Assets	Equity	ROE	Buyback	Dividend	Payout	DY
12/2016	$1,345	$1,345	$1,345	$1,345	$1,345	$1,345	$1,345	$1,345	$1,345	$1,345	$1,345	$1,345	$1,345
12/2017	$1,345	$1,345	$1,345	$1,345	$1,345	$1,345	$1,345	$1,345	$1,345	$1,345	$1,345	$1,345	$1,345
12/2018	$1,345	$1,345	$1,345	$1,345	$1,345	$1,345	$1,345	$1,345	$1,345	$1,345	$1,345	$1,345	$1,345
12/2019	$1,345	$1,345	$1,345	$1,345	$1,345	$1,345	$1,345	$1,345	$1,345	$1,345	$1,345	$1,345	$1,345
12/2020	$1,345	$1,345	$1,345	$1,345	$1,345	$1,345	$1,345	$1,345	$1,345	$1,345	$1,345	$1,345	$1,345
12/2021	180	-4	01	33%	3.7	-	5,258	457	13%	-21	-19	31%	3.3%
12/2022	190	7	01	32%	3.9	11%	4,873	441	14%	0	-20	32%	3.7%
12/2023	226	8	01	36%	5.1	9.4%	5,353	522	16%	0	-21	26%	3.2%
12/2024	231	7	01	34%	4.9	9.3%	6,052	585	14%	0	-22	28%	3.1%
12/2025	243	3	01	37%	5.5	3.6%	6,835	725	12%	0	-24	27%	3.1%

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