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Mercantile Bank Corporation MBWM Mercantile Bank — Total Assets

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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 mercantile bank — total assets?
Mercantile Bank Corporation (MBWM) reported mercantile bank — total assets of $6.36B in Q1 2026.
What does mercantile bank — total assets mean?
This represents the total economic resources controlled by the Mercantile Bank segment, including cash, investment securities, and the loan portfolio. It serves as the primary indicator of the segment's scale, lending capacity, and overall footprint within the bank holding company's structure. Analyzing the composition and growth of these assets is critical for evaluating the segment's market share and its ability to generate interest-based income.