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MBWM Q2 2018 Earnings — Mercantile Bank Corporation Revenue & Financial Results | Market Cap Arena
MBWM
Mercantile Bank Corporation
$852M
Q2 2018 Earnings
Financial Services
Banks - Regional
Income Statement
Revenue
$39M
+11.2% YoY
Gross Profit
$33M
85.1% margin
Operating Income
$12M
30.0% margin
Net Income
$9M
24.3% margin
EPS (Diluted)
$0.57
QoQ Revenue Growth
-1.3%
Cash Flow
Operating Cash Flow
$8M
Free Cash Flow
$7M
Stock-Based Comp.
$539,000
Balance Sheet
Total Assets
$3.3B
Total Liabilities
$2.9B
Stockholders' Equity
$375M
Cash & Equivalents
$126M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$39M
$35M
+11.2%
Gross Profit
$33M
$30M
+8.5%
Operating Income
$12M
$11M
+10.0%
Net Income
$9M
$7M
+28.6%
← FY 2018
All Quarters
Q3 2018 →