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MBWM Q1 2017 Earnings — Mercantile Bank Corporation Revenue & Financial Results | Market Cap Arena
MBWM
Mercantile Bank Corporation
$852M
Q1 2017 Earnings
Financial Services
Banks - Regional
Income Statement
Revenue
$35M
-3.9% YoY
Gross Profit
$31M
89.0% margin
Operating Income
$11M
31.8% margin
Net Income
$8M
22.0% margin
EPS (Diluted)
$0.46
QoQ Revenue Growth
+0.7%
Cash Flow
Operating Cash Flow
$8M
Free Cash Flow
$7M
Stock-Based Comp.
$476,000
Balance Sheet
Total Assets
$3.0B
Total Liabilities
$2.7B
Stockholders' Equity
$348M
Cash & Equivalents
$53M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$35M
$36M
-3.9%
Gross Profit
$31M
$32M
-5.0%
Operating Income
$11M
$13M
-12.1%
Net Income
$8M
$9M
-10.9%
← FY 2017
All Quarters
Q2 2017 →