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Mercantile Bank Corporation MBWM Eastern Michigan Bank — Total Assets

Other segment segments

Mercantile Bank
$6.36B—

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Other financials

Income statement

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Revenue$67.6M+18.1%
Net income$22.7M+16.1%
EPS (diluted)$1.32+9.1%

Cash flow

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

Valuation

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Market cap$963.74M+36.5%
P/E10.5×+1.4×
P/S3.8×+0.7×

Profitability

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Net margin36.3%+2.7pp
FCF margin17%—

Returns & leverage

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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:Assets.

The official record: Mercantile Bank Corporation’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Mercantile Bank Corporation's eastern michigan bank — total assets?
Mercantile Bank Corporation (MBWM) reported eastern michigan bank — total assets of $567.84M in Q1 2026.
What does eastern michigan bank — total assets mean?
This metric represents the total economic resources controlled by the Eastern Michigan Bank segment, including cash, investment securities, and the loan portfolio. It serves as a primary indicator of the segment's scale, market presence, and capacity to generate interest-bearing revenue. Analyzing this total provides insight into the segment's contribution to the overall balance sheet size and its relative weight within the broader banking organization.