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Mercantile Bank Corporation MBWM Proceeds From Issuance Of Common Stock Dividend Reinvestment Plan

Proceeds From Issuance Of Common Stock Dividend Reinvestment Plan at other companies

Cathay General Bancorp logo
Cathay General BancorpCATY
$675K-2.9%
Hancock Whitney Corporation logo
Hancock Whitney CorporationHWC
$1.21M+11.8%
Bain Capital Specialty Finance logo
Bain Capital Specialty FinanceBCSF
$0-100%
Kinetik Holdings logo
Kinetik HoldingsKNTK
$498K+27.7%
Banc of California logo
Banc of CaliforniaBANC
$0-100%
Sixth Street Specialty Lending logo
Sixth Street Specialty LendingTSLX
$5.49M-14.8%

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 / equity

Where this comes from

Reported directly by Mercantile Bank Corporation in its filing.

Tagged under the XBRL concept us-gaap:ProceedsFromIssuanceOfCommonStockDividendReinvestmentPlan.

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 proceeds from issuance of common stock dividend reinvestment plan?
Mercantile Bank Corporation (MBWM) reported proceeds from issuance of common stock dividend reinvestment plan of $181K in Q1 2026.
How has Mercantile Bank Corporation's proceeds from issuance of common stock dividend reinvestment plan changed year-over-year?
Mercantile Bank Corporation's proceeds from issuance of common stock dividend reinvestment plan decreased by 10.8% year-over-year, from $203K to $181K.
What is the long-term trend for Mercantile Bank Corporation's proceeds from issuance of common stock dividend reinvestment plan?
Over 4 years (2021 to 2025), Mercantile Bank Corporation's proceeds from issuance of common stock dividend reinvestment plan has grown at a -3.1% compound annual growth rate (CAGR), from $877K to $772K.
What does proceeds from issuance of common stock dividend reinvestment plan mean?
Cash proceeds received from the issuance of new common shares specifically through a dividend reinvestment plan (DRIP). This allows shareholders to automatically reinvest their cash dividends into additional shares of the company. It serves as a mechanism for retaining capital while providing shareholder value.