Mercantile Bank (MBWM) Short-term Investments (2013 - 2017)
Mercantile Bank (MBWM) reported Short-term Investments of $119 million for Q4 2017, down 9.8% from $132 million a year earlier and down 2.5% from the prior quarter.
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Analysis
Mercantile Bank (MBWM) Short-term Investments (2013 - 2017) Analysis & Trends
Dating back to Q4 2013, Mercantile Bank's Short-term Investments record includes 17 quarters.
- Short-term Investments has declined for three consecutive years, though with a four-year compound annual growth rate of 6.0% (FY2013 to FY2017).
- By year, Short-term Investments came in at $132 million in FY2016 (-14.8%), $155 million in FY2015 (-7.7%), $168 million in FY2014 (+78.0%) and $94.4 million in FY2013.
- Five-year quarterly Short-term Investments spans a low of $94.4 million in Q4 2013 and a high of $272.6 million in Q2 2014.
- Year over year, Short-term Investments has now declined in each of the last seven quarters, with an average decline of 11.2% over the last eight quarters.
- The high point for year-over-year Short-term Investments in five years was Q4 2014 (growth of 78.0%); the low point was Q2 2015 (a decline of 44.2%).
- Per Business Quant data, the three quarters before Q4 2017 came in at $122 million (Q3 2017), $111 million (Q2 2017) and $127 million (Q1 2017).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Jpmorgan Chase | 883.45 Bn | 912.92 Bn | - |
| 2 | Banco Santander Chile | 401.52 Bn | 521.46 Bn | - |
| 3 | Bank Of America | 377.43 Bn | -1,998.64 Bn | - |
| 4 | Hsbc Holdings | 330.31 Bn | 330.37 Bn | - |
| 5 | Morgan Stanley | 299.17 Bn | -209.92 Bn | - |
| 6 | Royal Bank Of Canada | 274.08 Bn | 124.82 Bn | - |
| 7 | Mitsubishi Ufj Financial | 270.70 Bn | -1,317.79 Bn | 10.89 Bn |
| 8 | Goldman Sachs | 263.13 Bn | -3,293.98 Bn | - |
| 9 | Wells Fargo & Company | 243.64 Bn | 245.78 Bn | - |
| 10 | Mercantile Bank | 1.03 Bn | 1.03 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2017 | 119.00 Mn |
| Sep 30, 2017 | 122.00 Mn |
| Jun 30, 2017 | 111.00 Mn |
| Mar 31, 2017 | 127.00 Mn |
| Dec 31, 2016 | 132.00 Mn |
| Sep 30, 2016 | 147.00 Mn |
| Jun 30, 2016 | 137.00 Mn |
| Mar 31, 2016 | 162.00 Mn |
| Dec 31, 2015 | 155.00 Mn |
| Sep 30, 2015 | 158.10 Mn |
| Jun 30, 2015 | 152.10 Mn |
| Mar 31, 2015 | 148.20 Mn |
| Dec 31, 2014 | 168.00 Mn |
| Sep 30, 2014 | 163.10 Mn |
| Jun 30, 2014 | 272.60 Mn |
| Mar 31, 2014 | 105.20 Mn |
| Dec 31, 2013 | 94.40 Mn |
API Access
Mercantile Bank Short-term Investments API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=short-term-investments&ticker=MBWM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "short-term-investments", "ticker": "MBWM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=short-term-investments&ticker=MBWM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();