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MBWM Q1 2018 Earnings — Mercantile Bank Corporation Revenue & Financial Results | Market Cap Arena
MBWM
Mercantile Bank Corporation
$852M
Q1 2018 Earnings
Financial Services
Banks - Regional
Income Statement
Revenue
$39M
+13.9% YoY
Gross Profit
$35M
87.9% margin
Operating Income
$13M
34.1% margin
Net Income
$11M
27.6% margin
EPS (Diluted)
$0.66
QoQ Revenue Growth
+5.2%
Cash Flow
Operating Cash Flow
$13M
Free Cash Flow
$12M
Stock-Based Comp.
$597,000
Balance Sheet
Total Assets
$3.3B
Total Liabilities
$2.9B
Stockholders' Equity
$368M
Cash & Equivalents
$211M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$39M
$35M
+13.9%
Gross Profit
$35M
$31M
+12.4%
Operating Income
$13M
$11M
+22.3%
Net Income
$11M
$8M
+42.9%
← FY 2018
All Quarters
Q2 2018 →