Mercantile Bank (FRA:MCS) Notes Receivable: €0.0 Mil (As of Jun. 2026)

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FRA:MCS Mercantile Bank Corp FRA:MCS
67 GF Score
Price €51.00
GF Value €41.32
! 7 Warning Signs
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What is Mercantile Bank Notes Receivable?

Mercantile Bank FRA:MCS 67 Notes Receivable is €0.0 Mil as of Jun. 2026. GuruFocus rates FRA:MCS with a GF Score™ of 67/100 and a GF Value™ of €41.32. The stock has 7 warning signs investors should review.

Mercantile Bank's Notes Receivable for the quarter that ended in Jun. 2026 was €0.0 Mil.

Mercantile Bank Notes Receivable Related Terms

Mercantile Bank Notes Receivable Historical Data

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The historical data trend for Mercantile Bank's Notes Receivable 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.

Mercantile Bank Notes Receivable Chart

Mercantile Bank Annual Data
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Mercantile Bank Quarterly Data
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FRA:MCS
67GF Score
Mercantile Bank Corp FRA:MCS
Notes Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Mercantile Bank Notes Receivable Calculation

Notes Receivable is an unconditional promise to receive a definite sum of money at a future date(s) within one year of the balance sheet date or the normal operating cycle, whichever is longer.

Frequently Asked Questions Learn more about Notes Receivable →
What does a Notes Receivable of €0.0 Mil mean?
Mercantile Bank (FRA:MCS) has a Notes Receivable of €0.0 Mil as of Jun. 2026. Notes Receivable is an unconditional promise to receive a definite sum of money within one year. View historical data on Mercantile Bank and its competitors.
Is Mercantile Bank's Notes Receivable too high?
Mercantile Bank's current Notes Receivable is €0.0 Mil. Overall, Mercantile Bank has a GF Score™ of 67/100, reflecting its overall financial health beyond just this single metric.
How does Mercantile Bank's Notes Receivable compare to SBSI and BFST?
Mercantile Bank's Notes Receivable of €0.0 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Notes Receivable for a Banks company?
A good Notes Receivable depends on the Banks industry context. However, Notes Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Notes Receivable mean?
A high Notes Receivable can signal that a stock is expensive relative to its fundamentals. Notes Receivable is an unconditional promise to receive a definite sum of money within one year. View historical data on Mercantile Bank and its competitors. Mercantile Bank's current Notes Receivable is €0.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mercantile Bank stock overvalued right now?
Mercantile Bank (FRA:MCS) has a current Notes Receivable of €0.0 Mil. The stock's GF Value™ is €41.32, compared to a current price of €51.00 — trading 23.4% above its estimated fair value. The current Notes Receivable is €0.0 Mil. Mercantile Bank's overall GF Score™ is 67/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Notes Receivable calculated?
Notes Receivable is calculated from a company's financial statements. For Mercantile Bank (FRA:MCS), the current Notes Receivable is €0.0 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Mercantile Bank (FRA:MCS) Overvalued in 2026?

Based on GuruFocus' analysis, Mercantile Bank stock appears to be overvalued. The current stock price of €51.00 is trading 23.4% above its estimated GF Value™ of €41.32.

Key valuation signals for FRA:MCS:

  • Notes Receivable: €0.0 Mil
  • GF Value™: €41.32 vs. price of €51.00 (23.4% above fair value)
  • GF Score™: 67/100 with 7 warning signs

No single metric tells the full story. See the FRA:MCS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Mercantile Bank Business Description

Other Exchanges MBWM:USA
Address 310 Leonard Street NW, Grand Rapids, MI, USA, 49504
Mercantile Bank Corp operates as a bank holding company. It offers various commercial banking services to individuals, businesses, governmental units, and other institutions. These services include deposit products such as checking, savings, and term certificate accounts and lending products such as commercial, residential mortgage, and installment loans. The company generates revenue from interest and dividends earned on loans, securities, and other financial instruments.
67GF Score

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Notes Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€51.00
Price
€41.32
GF Value