Asset Turnover: The amount of sales or revenues generated per dollar of assets. The Asset Turnover ratio is an indicator of the efficiency with which a company is deploying its assets. Calculated as: Total Revenues / Total Assets
Mercantile Bank Corporation (MBWM) had Asset Turnover of 0.01 for the most recently reported fiscal quarter, ending 2024-12-31.
| Income Statement Financials | |
$92.66M |
|
$19.63M |
|
$34.13M |
|
$58.53M |
|
$66.93M |
|
$25.73M |
|
-- |
|
$23.23M |
|
$23.23M |
|
$19.63M |
|
$19.63M |
|
$19.63M |
|
$19.63M |
|
-- |
|
-- |
|
16.13M |
|
16.13M |
|
$1.20 |
|
$1.20 |
|
| Balance Sheet Financials | |
$4.96B |
|
$53.43M |
|
$1.10B |
|
$6.05B |
|
$4.94B |
|
$526.73M |
|
$526.73M |
|
$5.47B |
|
$584.53M |
|
$535.05M |
|
$584.53M |
|
16.15M |
|
| Cash Flow Statement Financials | |
$101.12M |
|
$-425.44M |
|
$586.79M |
|
$130.53M |
|
$393.01M |
|
$262.48M |
|
$3.32M |
|
$-22.47M |
|
-- |
|
| Fundamental Metrics & Ratios | |
-- |
|
0.00 |
|
9.48 |
|
0.19 |
|
1.11 |
|
-- |
|
-- |
|
-- |
|
-- |
|
40.73% |
|
34.41% |
|
$92.59M |
|
-- |
|
-- |
|
-- |
|
|
Asset Turnover |
0.01 |
-- |
|
-- |
|
-- |
|
3.36% |
|
3.67% |
|
0.32% |
|
2.71% |
|
$36.20 |
|
$5.74 |
|
$6.27 |
|