Mercantile Bank Corporation (FRA:MCS)

Mercantile Bank Ratios and Metrics

Market cap in millions EUR. Fiscal year is January - December.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	May 12, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Market Capitalization	664	694	585	497	483	361
Market Cap Growth	13.45%	18.49%	17.78%	2.97%	33.87%	-32.08%
Last Close Price	38.60	37.89	35.25	-	-	-
PE Ratio	9.26	9.02	7.87	8.70	9.30	9.99
PS Ratio	3.23	3.21	2.97	2.89	2.97	2.88
PB Ratio	1.18	1.23	1.24	1.20	1.20	1.00
P/FCF Ratio	14.56	7.76	10.80	4.55	9.31	15.27
P/OCF Ratio	12.40	7.10	9.71	4.43	8.50	11.65
Debt / Equity Ratio	1.28	1.16	1.66	1.52	1.54	1.27
Debt / FCF Ratio	15.78	7.34	14.48	5.74	11.89	19.42
Return on Equity (ROE)	13.55%	14.38%	17.07%	13.60%	13.14%	10.29%
Return on Assets (ROA)	1.34%	1.40%	1.61%	1.21%	1.22%	1.09%
Earnings Yield	10.80%	11.08%	12.71%	11.49%	10.75%	10.01%
FCF Yield	6.87%	12.89%	9.26%	22.00%	10.74%	6.55%
Dividend Yield	3.55%	3.62%	3.44%	-	-	-
Payout Ratio	29.45%	28.23%	25.55%	32.10%	31.39%	40.62%
Buyback Yield / Dilution	-0.65%	-0.72%	-0.98%	0.80%	1.73%	0.85%
Total Shareholder Return	2.90%	2.90%	2.46%	0.80%	1.73%	0.85%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.