Mercantile Bank Ratios and Metrics

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

Millions USD. Fiscal year is Jan - Dec.

Year	Current	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013 - 1997
Market Capitalization	615	647	531	549	441	596	469	583	615	399	354	Upgrade
Market Cap Growth	-	21.81%	-3.23%	24.46%	-25.97%	27.04%	-19.61%	-5.09%	53.97%	12.61%	88.63%	Upgrade
Enterprise Value	1,320	1,353	1,075	267	375	866	893	767	783	587	458	Upgrade
PE Ratio	7.43	7.87	8.70	9.30	9.99	12.05	11.16	18.65	19.26	14.77	20.45	Upgrade
PS Ratio	2.82	2.97	2.89	2.97	2.88	3.98	3.40	4.64	4.96	3.38	3.90	Upgrade
PB Ratio	1.18	1.24	1.20	1.20	1.00	1.43	1.25	1.59	1.80	1.20	1.08	Upgrade
P/FCF Ratio	10.16	10.69	4.43	9.19	15.18	18.54	8.17	17.53	18.84	11.43	28.90	Upgrade
P/OCF Ratio	9.23	9.71	4.43	8.50	11.64	13.31	7.60	15.09	17.76	11.09	24.55	Upgrade
EV/Sales Ratio	6.06	6.21	5.85	1.45	2.45	5.78	6.47	6.10	6.31	4.97	5.04	Upgrade
EV/EBITDA Ratio	11.56	11.85	12.11	3.06	5.83	12.36	14.50	13.60	13.86	11.63	13.95	Upgrade
EV/EBIT Ratio	12.86	13.17	14.18	3.62	6.84	14.32	17.24	16.65	16.69	15.12	18.17	Upgrade
EV/FCF Ratio	21.82	22.35	8.97	4.47	12.91	26.93	15.57	23.07	23.99	16.81	37.33	Upgrade
Debt / Equity Ratio	1.60	1.60	1.45	1.52	1.27	1.21	1.33	1.05	1.03	0.83	0.84	Upgrade
Debt / EBITDA Ratio	7.32	7.32	7.21	7.93	8.71	7.19	8.11	6.81	6.23	5.51	8.41	Upgrade
Debt / FCF Ratio	13.82	13.82	5.34	11.61	19.27	15.67	8.71	11.55	10.78	7.96	22.51	Upgrade
Asset Turnover	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.04	Upgrade
Return on Equity (ROE)	16.90%	16.90%	14.20%	13.10%	10.30%	12.30%	11.20%	8.70%	9.30%	8.20%	6.20%	Upgrade
Return on Assets (ROA)	1.60%	1.60%	1.20%	1.20%	1.00%	1.40%	1.30%	1.00%	1.10%	0.90%	0.70%	Upgrade
Return on Capital (ROIC)	6.05%	6.05%	5.65%	5.13%	4.41%	5.37%	4.80%	4.17%	4.61%	4.42%	2.87%	Upgrade
Earnings Yield	13.38%	12.71%	11.50%	10.75%	10.01%	8.30%	8.96%	5.36%	5.19%	6.77%	4.89%	Upgrade
FCF Yield	9.85%	9.35%	22.56%	10.88%	6.59%	5.39%	12.24%	5.70%	5.31%	8.75%	3.46%	Upgrade
Dividend Yield	3.67%	3.30%	3.80%	3.40%	4.10%	2.90%	5.90%	2.10%	3.10%	2.40%	11.80%	Upgrade
Payout Ratio	27.29%	26.10%	32.70%	32.00%	41.30%	35.20%	66.40%	38.90%	59.20%	35.60%	193.80%	Upgrade
Buyback Yield / Dilution	-1.00%	-1.00%	-1.25%	3.47%	0.63%	1.56%	-0.62%	-1.16%	-0.22%	3.54%	-93.66%	Upgrade
Total Shareholder Return	2.67%	2.30%	2.55%	6.87%	4.73%	4.46%	5.28%	0.94%	2.88%	5.94%	-81.86%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).