Skip to content
Screener

Mercantile Bank Corporation MBWM Goodwill

Discontinued — last reported Q1 '16

Goodwill at other companies

Fifth Third Bank logo
Fifth Third BankFITB
$9.99B+103%
Huntington Bancshares logo
Huntington BancsharesHBAN
$9.53B+71.3%
Western New England Bancorp logo
Western New England BancorpWNEB
$12.49M0.0%
Ameris Bancorp logo
Ameris BancorpABCB
$1.02B0.0%
International Bancshares logo
International BancsharesIBOC
$282.53M0.0%
BankUnited logo
BankUnitedBKU
$77.64M0.0%

Segments

By segment

See full
Mercantile Bank$32.17M—
Eastern Michigan Bank$24.22M—

Other financials

Income statement

See full
Revenue$68.8M+12.8%
Net income$25.9M+14.6%
EPS (diluted)$1.50+7.9%

Cash flow

See full
Operating cash flow$28.3M+1,051%
CapEx$938.0K-39.0%
Free cash flow$27.4M+706%

Valuation

See full
Market cap$1.05B+44.7%
P/E11×+2.1×
P/S4×+0.9×

Profitability

See full
Net margin36.5%+1.8pp
FCF margin17%—

Returns & leverage

See full
Return on equity8.6%—
Debt / equity0×—

Where this comes from

Reported directly by Mercantile Bank Corporation in its filing.

Tagged under the XBRL concept us-gaap:Goodwill.

The source filing: Mercantile Bank Corporation’s 10-Q, filed May 6, 2016. Open the filing →

Filed
May 6, 2016, 10:45 AM EDT
Fiscal quarter
Q4 FY2016
Calendar quarter
Q4 2016
Accession
0001437749-16-031041

FAQ

What does goodwill mean?
The excess of acquisition cost over the fair value of net identifiable assets acquired — representing brand value, customer relationships, and synergies from past M&A.