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Mercantile Bank Corporation MBWM Financing Receivable, Revolving, Writeoff

Financing Receivable, Revolving, Writeoff at other companies

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$0
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$422K-94.4%

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+44.9%
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:FinancingReceivableRevolvingWriteoff.

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)20262025202420232022PriorTerm TotalRevolving / LoansGrand / Total
Performing$1,109$5,866$7,250$6,237$2,803$1,801$25,066$87,920$112,986
Nonperforming0000176481081
Total$1,109$5,866$7,250$6,237$2,820$1,865$25,147$87,920$113,067
Year-to-date gross write offs$0$0$0$0$0$0$0$5$5
Total Retail$11,781$73,021$54,949$96,607$272,064$284,024$792,446$88,858$881,304
Total Retail year-to-date gross write offs$0$0$0$0$0$0$0$5$5
Total$381,486$866,430$727,136$562,502$588,972$726,418$3,852,944$963,749$4,816,693
Total year-to-date gross write offs$0$0$0$0$0$0$0$5$5

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FAQ

What is Mercantile Bank Corporation's financing receivable, revolving, writeoff?
Mercantile Bank Corporation (MBWM) reported financing receivable, revolving, writeoff of $5K in Q1 2026.
What does financing receivable, revolving, writeoff mean?
Measures the total dollar amount of write-offs associated with revolving credit facilities, such as lines of credit or credit cards. This metric is a key indicator of credit risk management effectiveness within the bank's revolving product segment.

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