Mercantile Bank (MBWM) Receivables (2014 - 2019)

Mercantile Bank (MBWM) posted Receivables of $3.4 million for Q4 2019, down 5.56% on a QoQ basis from $3.6 million in Q3 2019, and down 26.09% year-over-year from $4.6 million in Q4 2018.

Mercantile Bank (MBWM) Receivables (2014 - 2019) Analysis & Trends

Mercantile Bank's Receivables history runs 6 years deep, the most recent figure standing at $3.4 million for Q4 2019.

  • Quarterly Receivables fell 26.09% year-over-year to $3.4 million in Q4 2019, while the trailing twelve-month figure through Dec 2019 was $3.4 million (down 26.09% YoY) and the FY2019 annual result came in at $3.4 million, down 26.09% from the prior year.
  • Receivables was $3.4 million for Q4 2019 at Mercantile Bank, down from $3.6 million in the prior quarter.
  • Across five years, Receivables topped out at $17.6 million in Q1 2015 and bottomed 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.
  • Annual changes were most pronounced in 2016 — Receivables tumbled 52.67% — and 2019, when it retreated 10.0%.
  • Mercantile Bank's Receivables stood at $13.1 million in 2015, then tumbled by 52.67% to $6.2 million in 2016, then fell by 16.13% to $5.2 million in 2017, then decreased by 11.54% to $4.6 million in 2018, then fell by 26.09% to $3.4 million in 2019.
  • Business Quant data shows MBWM's Receivables at $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 KB Financial 43,124.21 Bn 43,125.44 Bn -775,612.08 -
2 Shinhan Financial 33,971.34 Bn 33,973.00 Bn - -
3 Bank Of Chile 4,105.33 Bn 4,105.33 Bn 167,623.00 -
4 NatWest 768.74 Bn 572.78 Bn 1.79 Bn 14.52 Bn
5 Mizuho Financial 385.64 Bn 389.59 Bn - -
6 Lloyds Banking 358.14 Bn 358.14 Bn - -
7 First Capital 200.03 Bn 199.69 Bn - -
8 Landmark Bancorp 187.97 Bn 187.94 Bn - -
9 Pnc Financial Services 100.96 Bn 101.01 Bn - -
10 Mercantile Bank 985.63 Mn 406.32 Mn - -

Historic Data

Download Data
DateValue
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