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Mercantile Bank Corporation MBWM Mercantile Bank — Finite Lived Intangible Assets Net

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Other financials

Income statement

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

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$1.05B+44.7%
P/E11×+2.1×
P/S+0.9×

Profitability

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Net margin36.5%+1.8pp
FCF margin17%

Returns & leverage

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Return on equity8.6%
Debt / equity

Where this comes from

Reported directly by Mercantile Bank Corporation in its filing.

Tagged under the XBRL concept us-gaap:FiniteLivedIntangibleAssetsNet.

The source filing: Mercantile Bank Corporation’s 10-Q, filed May 1, 2026.

Filed
Apr 30, 2026, 8:00 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001437749-26-014320
(Dollars in thousands)Mercantile BankEastern Michigan BankAll OtherIntercompany EliminationsConsolidated Total
Noninterest income11,07354819,567(19,500)11,688
Noninterest expense36,0184,0482,041-42,107
Income before federal income tax expense28,7732,47315,566(19,530)27,282
Federal income tax expense4,949499(851)-4,597
Net income$23,824$1,974$16,417$(19,530)$22,685
Goodwill$32,171$24,217$17,301-$73,689
Core deposit intangible, net-18,173--18,173
Total assets6,356,397567,8421,026,376(1,005,580)6,945,035

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FAQ

What is Mercantile Bank Corporation's mercantile bank — finite lived intangible assets net?
Mercantile Bank Corporation (MBWM) reported mercantile bank — finite lived intangible assets net of $0 in Q1 2026.
What does mercantile bank — finite lived intangible assets net mean?
This metric captures the carrying value of identifiable intangible assets with a limited useful life, such as core deposit premiums or customer lists, held by the Mercantile Bank segment. These assets are subject to periodic amortization over their estimated economic lives, reflecting the gradual consumption of their value. Tracking this figure provides insight into the segment's investment in non-physical assets that contribute to revenue generation and market positioning.

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