MBWM FY 2013 Earnings — Mercantile Bank Corporation Revenue & Financial Results | Market Cap Arena

MBWMMercantile Bank Corporation

$863M

FY 2013 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$65M-4.1% YoY

Gross Profit

$62M94.5% margin

Operating Income

$25M38.6% margin

Net Income

$17M26.2% margin

EPS (Diluted)

$1.95

Cash Flow

Operating Cash Flow

$29M

Free Cash Flow

$28M

Stock-Based Comp.

$473,000

Balance Sheet

Total Assets

$1.4B

Total Liabilities

$1.3B

Stockholders' Equity

$153M

Cash & Equivalents

$24M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$65M	$68M	-4.1%
Gross Profit	$62M	$58M	+6.5%
Operating Income	$25M	$18M	+38.3%
Net Income	$17M	$13M	+35.9%