Mercantile Bank (MBWM) Short-term Investments (2013 - 2017)
Mercantile Bank (MBWM) posted Short-term Investments of $29.7 million for Q4 2017, down 74.25% on a QoQ basis from $115.2 million in Q3 2017, and down 88.28% year-over-year from $253.2 million in Q4 2016.
Mercantile Bank (MBWM) Short-term Investments (2013 - 2017) Analysis & Trends
Mercantile Bank's Short-term Investments history runs 5 years deep, the most recent figure standing at $29.7 million for Q4 2017.
- Quarterly Short-term Investments fell 88.28% year-over-year to $29.7 million in Q4 2017, while the trailing twelve-month figure through Dec 2017 was $29.7 million (down 88.28% YoY) and the FY2017 annual result came in at $29.7 million, down 88.28% from the prior year.
- Short-term Investments was $29.7 million for Q4 2017 at Mercantile Bank, down from $115.2 million in the prior quarter.
- Across five years, Short-term Investments topped out at $479.4 million in Q2 2014 and bottomed at $8.5 million in Q3 2015.
- A 5-year average of $164.4 million and a median of $69.5 million in 2016 frame the typical range for Short-term Investments.
- Peak annual rise in Short-term Investments reached 801.33% in 2015, while the deepest fall reached 96.73% in 2015.
- Mercantile Bank's Short-term Investments stood at $58.8 million in 2013, then surged by 636.11% to $432.6 million in 2014, then retreated by 20.3% to $344.8 million in 2015, then retreated by 26.56% to $253.2 million in 2016, then plunged by 88.28% to $29.7 million in 2017.
- Business Quant data shows MBWM's Short-term Investments at $29.7 million in Q4 2017, $115.2 million in Q3 2017, and $10.1 million in Q2 2017.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 |
| 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| Date | Value |
|---|---|
| Dec 31, 2017 | 29.68 Mn |
| Sep 30, 2017 | 115.25 Mn |
| Jun 30, 2017 | 10.14 Mn |
| Mar 31, 2017 | 192.22 Mn |
| Dec 31, 2016 | 253.21 Mn |
| Sep 30, 2016 | 69.54 Mn |
| Jun 30, 2016 | 30.51 Mn |
| Mar 31, 2016 | 36.26 Mn |
| Dec 31, 2015 | 344.80 Mn |
| Sep 30, 2015 | 8.47 Mn |
| Jun 30, 2015 | 19.47 Mn |
| Mar 31, 2015 | 410.49 Mn |
| Dec 31, 2014 | 432.59 Mn |
| Sep 30, 2014 | 258.94 Mn |
| Jun 30, 2014 | 479.44 Mn |
| Mar 31, 2014 | 45.54 Mn |
| Dec 31, 2013 | 58.77 Mn |