MBWM FY 2014 Earnings — Mercantile Bank Corporation Revenue & Financial Results | Market Cap Arena

MBWMMercantile Bank Corporation

$852M

FY 2014 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$99M+52.3% YoY

Gross Profit

$91M91.6% margin

Operating Income

$25M25.4% margin

Net Income

$17M17.5% margin

EPS (Diluted)

$1.28

Cash Flow

Operating Cash Flow

$14M

Free Cash Flow

$12M

Stock-Based Comp.

$714,000

Balance Sheet

Total Assets

$2.9B

Total Liabilities

$2.6B

Stockholders' Equity

$328M

Cash & Equivalents

$162M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$99M	$65M	+52.3%
Gross Profit	$91M	$62M	+47.6%
Operating Income	$25M	$25M	+0.3%
Net Income	$17M	$17M	+1.7%