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Mercantile Bank (Mercantile Bank) Price-to-Operating-Cash-Flow : 8.75 (As of Apr. 25, 2024)


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What is Mercantile Bank Price-to-Operating-Cash-Flow?

As of today (2024-04-25), Mercantile Bank's share price is $36.39. Mercantile Bank's Cash Flow from Operations per share for the trailing twelve months (TTM) ended in Dec. 2023 was $4.16. Hence, Mercantile Bank's Price-to-Operating-Cash-Flow Ratio for today is 8.75.

The historical rank and industry rank for Mercantile Bank's Price-to-Operating-Cash-Flow or its related term are showing as below:

MBWM' s Price-to-Operating-Cash-Flow Range Over the Past 10 Years
Min: 3.52   Med: 10.59   Max: 20.17
Current: 8.77

During the past 13 years, Mercantile Bank's highest Price-to-Operating-Cash-Flow Ratio was 20.17. The lowest was 3.52. And the median was 10.59.

MBWM's Price-to-Operating-Cash-Flow is ranked worse than
72.34% of 1016 companies
in the Banks industry
Industry Median: 6.18 vs MBWM: 8.77

Mercantile Bank's Cash Flow from Operations per share for the three months ended in Dec. 2023 was $-0.46. Its Cash Flow from Operations per share for the trailing twelve months (TTM) ended in Dec. 2023 was $4.16.

During the past 12 months, the average Operating Cash Flow per Share Growth Rate of Mercantile Bank was -45.00% per year. During the past 3 years, the average Operating Cash Flow per Share Growth Rate was 21.30% per year. During the past 5 years, the average Operating Cash Flow per Share Growth Rate was 12.70% per year. During the past 10 years, the average Operating Cash Flow per Share Growth Rate was 10.70% per year.

During the past 13 years, Mercantile Bank's highest 3-Year average Operating Cash Flow per Share Growth Rate was 40.40% per year. The lowest was -25.10% per year. And the median was 11.85% per year.


Mercantile Bank Price-to-Operating-Cash-Flow Historical Data

The historical data trend for Mercantile Bank's Price-to-Operating-Cash-Flow can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Mercantile Bank Price-to-Operating-Cash-Flow Chart

Mercantile Bank Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Operating-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.37 11.67 8.67 4.43 9.71

Mercantile Bank Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Operating-Cash-Flow Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.43 4.42 4.10 4.45 9.71

Competitive Comparison of Mercantile Bank's Price-to-Operating-Cash-Flow

For the Banks - Regional subindustry, Mercantile Bank's Price-to-Operating-Cash-Flow, along with its competitors' market caps and Price-to-Operating-Cash-Flow data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mercantile Bank's Price-to-Operating-Cash-Flow Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Mercantile Bank's Price-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Mercantile Bank's Price-to-Operating-Cash-Flow falls into.



Mercantile Bank Price-to-Operating-Cash-Flow Calculation

Mercantile Bank's Price-to-Operating-Cash-Flow ratio for today is calculated as

Price-to-Operating-Cash-Flow Ratio=Share Price/Cash Flow from Operations per share (TTM)
=36.39/4.161
=8.75

Mercantile Bank's Share Price of today is $36.39.
Mercantile Bank's Cash Flow from Operations per share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $4.16.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: Cash Flow from Operations per share is calculated as Cash Flow from Operations divided by Shares Outstanding (Diluted Average).

It can also be calculated from the numbers for the whole company:

Price-to-Operating-Cash-Flow Ratio=Market Cap/Cash Flow from Operations

Mercantile Bank Price-to-Operating-Cash-Flow Related Terms

Thank you for viewing the detailed overview of Mercantile Bank's Price-to-Operating-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.


Mercantile Bank (Mercantile Bank) Business Description

Traded in Other Exchanges
Address
310 Leonard Street NW, Grand Rapids, MI, USA, 49504
Mercantile Bank Corp operates as a bank holding company. The bank provides a variety of commercial banking services to individuals, businesses, governmental units, and other institutions. It provides banking services offering deposit products including checking, savings, and term certificate accounts, and lending products including commercial, residential mortgage, and installment loans. The company generates revenue from interest and dividends earned on loans, securities, and other financial instruments.
Executives
Amy L Sparks director C/O MERCANTILE BANK CORPORATION, 310 LEONARD ST., GRAND RAPIDS MI 49504
Michael H Price director, officer: President & COO MERCANTILE BANK CORP, 5650 BYRON CENTER SW, WYOMING MI 49509
David B Ramaker director 235 E. MAIN STREET, MIDLAND MI 48640
Robert T. Worthington officer: SENIOR V.P., GENERAL COUNSEL 310 LEONARD ST NW, GRAND RAPIDS MI 49504
Brett Hoover officer: SVP, Human Resources Director 310 LEONARD STREET NW, GRAND RAPIDS MI 49504
Lonna Wiersma officer: SVP, Human Resources Director C/O MERCANTILE BANK CORPORATION, 310 LEONARD ST., GRAND RAPIDS MI 49504
Michael S. Davenport director 310 LEONARD STREET NW, GRAND RAPIDS MI 49504
Michelle Larabee Eldridge director 259 E. MICHIGAN AVE., SUITE 105, KALAMAZOO MI 49007
Edward B Grant director
Thomas R Sullivan director, officer: CHAIRMAN OF THE BOARD
Edward J Clark director C/O AMERICAN SEATING CO, 401 AMERICAN SEATING CENTER N.W., GRAND RAPIDS MI 49504-4499
Raymond E. Reitsma director 310 LEONARD STREET NW, GRAND RAPIDS MI 49504
Jeff A Gardner director C/O FIRSTBANK CORPORATION, 311 WOODWORTH AVENUE, ALMA MI 48801
Samuel G Stone officer: EXECUTIVE VICE PRESIDENT
Robert B Kaminski officer: Senior VP & Secretary C/O MERCANTILE BANK CORP, 5650 BYRON CENTER AVENUE SW, WYOMING MI 49509