Skip to content

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

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

Mercantile Bank Corporation logo
Mercantile Bank CorporationMBWM
$0-100%
Paccar logo
PaccarPCAR
$10.1M+0.5%
Mercantile Bank Corporation logo
Mercantile Bank CorporationMBWM
$0
Healthcare Services Group logo
Healthcare Services GroupHCSG
$3K
Mercantile Bank Corporation logo
Mercantile Bank CorporationMBWM
$0
Paccar logo
PaccarPCAR
$14M+148%

Other financials

Income statement

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

Cash flow

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

Valuation

See full
Market cap$963.74M+35.3%
P/E10.5×+1.3×
P/S3.8×+0.7×

Profitability

See full
Net margin36.3%+2.7pp
FCF margin17%

Returns & leverage

See full
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:FinancingReceivableYearThreeOriginatedTwoYearsBeforeCurrentFiscalYearWriteoff.

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

Ask your AI about Mercantile Bank Corporation's financing receivable, year three, originated, two years before current fiscal year, writeoff.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Mercantile Bank Corporation's financing receivable, year three, originated, two years before current fiscal year, writeoff?
Mercantile Bank Corporation (MBWM) reported financing receivable, year three, originated, two years before current fiscal year, writeoff of $0 in Q1 2026.
How has Mercantile Bank Corporation's financing receivable, year three, originated, two years before current fiscal year, writeoff changed year-over-year?
Mercantile Bank Corporation's financing receivable, year three, originated, two years before current fiscal year, writeoff decreased by 100.0% year-over-year, from $2K to $0.
What does financing receivable, year three, originated, two years before current fiscal year, writeoff mean?
Captures the total dollar amount of loan write-offs for financing receivables originated two fiscal years prior to the current period. This metric is useful for evaluating the medium-term credit risk and loss experience of the bank's established loan vintages.