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MBWM Q2 2021 Earnings — Mercantile Bank Corporation Revenue & Financial Results | Market Cap Arena
MBWM
Mercantile Bank Corporation
$872M
Q2 2021 Earnings
Financial Services
Banks - Regional
Income Statement
Revenue
$49M
+2.3% YoY
Gross Profit
$47M
96.3% margin
Operating Income
$22M
45.3% margin
Net Income
$18M
36.7% margin
EPS (Diluted)
$1.12
QoQ Revenue Growth
+2.1%
Cash Flow
Operating Cash Flow
$24M
Free Cash Flow
$22M
Stock-Based Comp.
$634,000
Balance Sheet
Total Assets
$4.8B
Total Liabilities
$4.3B
Stockholders' Equity
$452M
Cash & Equivalents
$760M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$49M
$48M
+2.3%
Gross Profit
$47M
$34M
+39.8%
Operating Income
$22M
$11M
+108.0%
Net Income
$18M
$9M
+108.0%
← FY 2021
All Quarters
Q3 2021 →