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Mercantile Bank Corporation MBWM Financing Receivable, Year Four, Originated, Three Years before Current Fiscal Year, Writeoff

Financing Receivable, Year Four, Originated, Three Years before Current Fiscal Year, Writeoff at other companies

Mercantile Bank Corporation logo
Mercantile Bank CorporationMBWM
$0
Mercantile Bank Corporation logo
Mercantile Bank CorporationMBWM
$0-100%
Mercantile Bank Corporation logo
Mercantile Bank CorporationMBWM
$0-100%
Paccar logo
PaccarPCAR
$14M+148%
Healthcare Services Group logo
Healthcare Services GroupHCSG
$74K
Mercantile Bank Corporation logo
Mercantile Bank CorporationMBWM
$0

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+35.3%
P/E10.5×+1.3×
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 / equity

Where this comes from

Reported directly by Mercantile Bank Corporation in its filing.

Tagged under the XBRL concept us-gaap:FinancingReceivableYearFourOriginatedThreeYearsBeforeCurrentFiscalYearWriteoff.

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 financing receivable, year four, originated, three years before current fiscal year, writeoff?
Mercantile Bank Corporation (MBWM) reported financing receivable, year four, originated, three years before current fiscal year, writeoff of $0 in Q1 2026.
What does financing receivable, year four, originated, three years before current fiscal year, writeoff mean?
Measures the total dollar amount of loan write-offs for financing receivables originated three fiscal years before the current period. It provides a historical perspective on the credit performance and loss realization of the bank's older loan portfolios.