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Discontinued — last reported Q1 '16

Return on equity at other companies

Fifth Third Bank logo
Fifth Third BankFITB
8%-3.7pp
Huntington Bancshares logo
Huntington BancsharesHBAN
8.3%-2.0pp
First Merchants Corporation logo
First Merchants CorporationFRME
7.9%-1.2pp
Stock Yards Bancorp logo
Stock Yards BancorpSYBT
13.8%+0.6pp
Amerant Bancorp logo
Amerant BancorpAMTB
6.4%
Shore Bancshares logo
Shore BancsharesSHBI
10.9%+1.6pp

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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Debt / equity

Where this comes from

Calculated from Mercantile Bank Corporation’s reported figures.

Based on trailing twelve months.

The official record: Mercantile Bank Corporation’s 10-Q, filed May 6, 2016, on SEC EDGAR. View the filing →

Questions, answered.

What does return on equity mean?
Trailing-twelve-month net income divided by average shareholders' equity (average of the start and end of the trailing-twelve-month window). Measures the profit generated on each dollar of shareholder capital.