Mercantile Bank (Mercantile Bank) Quality Rank

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What is Mercantile Bank Quality Rank?

The Quality Rank measures the business quality of a company relative to other companies. It is ranked based on the strength of the balance sheet, as well as the profitability and growth of the business. The ranked companies are split in equal numbers and then ranked from 1 to 10, with 10 being the highest.

The rank of balance sheet (30%)

The rank of balance sheet is done through the ranking of:

Interest coverage
Zscore
Debt to revenue
Equity to asset
Cash to debt

The rank of Profitability (70%)

The ranking of Profitability is done by ranking:

Operating margin mean rank (10-year mean average profit margine)
Operating margin growth rank
Fscore
Predictability rank
Revenue growth rank (5 year), when the growth is higher than 25%, set it as 25%
Num of year profit (number of years that is profitable within the last 10 years)
ROIC median (10-year median of ROIC)

Mercantile Bank Quality Rank Related Terms

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Mercantile Bank (Mercantile Bank) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Mercantile Bank Corp (NAS:MBWM) » Definitions » Quality Rank

Comparable Companies

Traded in Other Exchanges

MCS:Germany

Address

310 Leonard Street NW, Grand Rapids, MI, USA, 49504

Website

https://www.mercbank.com

Mercantile Bank Corp operates as a bank holding company. The bank provides a variety of commercial banking services to individuals, businesses, governmental units, and other institutions. It provides banking services offering deposit products including checking, savings, and term certificate accounts, and lending products including commercial, residential mortgage, and installment loans. The company generates revenue from interest and dividends earned on loans, securities, and other financial instruments.

Executives

Amy L Sparks	director	C/O MERCANTILE BANK CORPORATION, 310 LEONARD ST., GRAND RAPIDS MI 49504
Michael H Price	director, officer: President & COO	MERCANTILE BANK CORP, 5650 BYRON CENTER SW, WYOMING MI 49509
David B Ramaker	director	235 E. MAIN STREET, MIDLAND MI 48640
Robert T. Worthington	officer: SENIOR V.P., GENERAL COUNSEL	310 LEONARD ST NW, GRAND RAPIDS MI 49504
Brett Hoover	officer: SVP, Human Resources Director	310 LEONARD STREET NW, GRAND RAPIDS MI 49504
Lonna Wiersma	officer: SVP, Human Resources Director	C/O MERCANTILE BANK CORPORATION, 310 LEONARD ST., GRAND RAPIDS MI 49504
Michael S. Davenport	director	310 LEONARD STREET NW, GRAND RAPIDS MI 49504
Michelle Larabee Eldridge	director	259 E. MICHIGAN AVE., SUITE 105, KALAMAZOO MI 49007
Edward B Grant	director
Thomas R Sullivan	director, officer: CHAIRMAN OF THE BOARD
Edward J Clark	director	C/O AMERICAN SEATING CO, 401 AMERICAN SEATING CENTER N.W., GRAND RAPIDS MI 49504-4499
Raymond E. Reitsma	director	310 LEONARD STREET NW, GRAND RAPIDS MI 49504
Jeff A Gardner	director	C/O FIRSTBANK CORPORATION, 311 WOODWORTH AVENUE, ALMA MI 48801
Samuel G Stone	officer: EXECUTIVE VICE PRESIDENT
Robert B Kaminski	officer: Senior VP & Secretary	C/O MERCANTILE BANK CORP, 5650 BYRON CENTER AVENUE SW, WYOMING MI 49509