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Mercantile Bank Corp (MBWM)

Mercantile Bank Corp (MBWM)
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Mercantile Bank Corporation serves businesses and consumers across Grand Rapids and Kent County with a full range of mortgage, lending, deposit and checking products and services in a friendly, hometown banking environment.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Sales 361,890 303,500 213,920 199,710 193,490
Sales Growth +19.24% +41.88% +7.12% +3.21% +4.43%
Net Income 79,590 82,220 61,060 59,020 44,140
Net Income Growth -3.20% +34.65% +3.46% +33.71% -10.76%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Total Assets 6,052,160 5,353,220 4,872,620 5,257,750 4,437,340
Total Assets Growth +13.06% +9.86% -7.33% +18.49% +22.14%
Total Liabilities 5,467,640 4,831,080 4,431,210 4,801,190 3,995,790
Total Liabilities Growth +13.18% +9.02% -7.71% +20.16% +24.23%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Operating Cash Flow 101,120 66,610 119,860 64,570 37,880
Operating Cash Flow Growth +51.81% -44.43% +85.63% +70.46% -15.39%
Net Cash Flow 262,480 33,760 -878,390 349,150 392,280
Change in Net Cash Flow +677.49% +103.84% -351.58% -10.99% +147.68%
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