Mercantile Bank (MBWM) Receivables (2014 - 2019)
Mercantile Bank (MBWM) posted quarterly Receivables of $3.4 million for Q4 2019, down 26.09% year-over-year from $4.6 million in Q4 2018, and down 5.56% on a QoQ basis from $3.6 million in Q3 2019.
Mercantile Bank (MBWM) Receivables (2014 - 2019) Analysis & Trends
Mercantile Bank has reported Receivables for 6 years, with the latest figure at $3.4 million in Q4 2019.
- Receivables for Q4 2019 came in at $3.4 million, down 26.09% year-over-year; the trailing twelve-month figure through Dec 2019 was $3.4 million (down 26.09% YoY), and the FY2019 annual result was $3.4 million, down 26.09% from the prior year.
- Receivables fell to $3.4 million in Q4 2019, from $3.6 million in the prior quarter.
- Over five years, Receivables peaked at $17.6 million in Q1 2015 and troughed at $3.4 million in Q4 2019.
- A 5-year average of $7.5 million and a median of $5.5 million in 2017 frame the typical range for Receivables.
- The widest annual swing landed in 2016, when Receivables tumbled 52.67%; it then retreated 10.0% in 2019.
- A 5-year view of Receivables shows it stood at $13.1 million in 2015, then tumbled by 52.67% to $6.2 million in 2016, then dropped by 16.13% to $5.2 million in 2017, then fell by 11.54% to $4.6 million in 2018, then dropped by 26.09% to $3.4 million in 2019.
- Per Business Quant data, the three most recent Receivables figures were $3.4 million in Q4 2019, $3.6 million in Q3 2019, and $4.0 million in Q2 2019.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | - |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | - |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | - |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | - |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | - |
| 10 | Mercantile Bank | 1.03 Bn | 688.32 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2019 | 3.40 Mn |
| Sep 30, 2019 | 3.60 Mn |
| Jun 30, 2019 | 4.00 Mn |
| Mar 31, 2019 | 4.50 Mn |
| Dec 31, 2018 | 4.60 Mn |
| Sep 30, 2018 | 4.60 Mn |
| Jun 30, 2018 | 4.70 Mn |
| Mar 31, 2018 | 5.00 Mn |
| Dec 31, 2017 | 5.20 Mn |
| Sep 30, 2017 | 5.30 Mn |
| Jun 30, 2017 | 5.70 Mn |
| Mar 31, 2017 | 6.00 Mn |
| Dec 31, 2016 | 6.20 Mn |
| Sep 30, 2016 | 7.00 Mn |
| Jun 30, 2016 | 8.80 Mn |
| Mar 31, 2016 | 10.10 Mn |
| Dec 31, 2015 | 13.10 Mn |
| Sep 30, 2015 | 14.10 Mn |
| Jun 30, 2015 | 15.90 Mn |
| Mar 31, 2015 | 17.60 Mn |