MBWM – Dividend Returns, History & Calculator

Dividend Contender 13 Years

Mercantile Bank Corporation operates as the bank holding company for Mercantile Bank that provides commercial and retail banking services to small- to medium-sized businesses and individuals in the United States. The company accepts various deposit products, s

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Company Info

Symbol MBWM

Company Mercantile Bank Corporation

Sector Financial Services

Industry Banks - Regional

Website Visit

Market Cap $739.0M

Price Data

Price $45.48

Price Change -0.78

Price Change % -1.69%

Next Earnings Oct 21, 2025

Low (52W) $37.76

High (52W) $52.98

Dividend Data

Div Yield 334.21%

5Y Avg Yield 376.94%

Current Div $0.380

Payouts/Year 4

Annualized $1.520

Previous Div $0.370

Ex-Date Sep 5, 2025

Growth Rates

Chowder Number 9.3

DGR 1Y 5.7%

DGR 3Y 6.1%

DGR 5Y 5.9%

DGR 10Y 10.4%

Total Returns

TTR 1Y - With Specials 4.3%

TTR 3Y - With Specials 17.7%

TTR 1Y - No Specials 4.3%

TTR 3Y - No Specials 17.7%

Fair Value

Fair Value (P/E 10) $33.49

FV (P/E 10) % 36.0%

Fair Value (Peter Lynch) $25.15

FV (Peter Lynch) % 81.0%

Fair Value (Blended) $35.02

FV (Blended) % 30.0%

Financial Metrics

Revenue 1Y 2.6%

NPM 34.7%

CF/Share $2.52

ROE 13.8%

Debt/Capital 39.0%

ROTC 7.5%

P/E 9.0x

P/BV 1.2x

PEG 1.98

📊 Financial data last updated: October 16, 2025 10:08 am

Calculate your MBWM Dividend Returns

Quickly and easily calculate MBWM dividend yield using our MBWM calculator. Adjust the fields below to see how your MBWM investments snowball over time.

Initial Investment: The lump sum you’re investing on day 1. Share Price: The current market price of one share. Dividend Amount (per payout): Enter the dividend paid per share each payout (e.g., quarterly for many ETFs). Annual yield is computed from this and the selected frequency. Dividend Frequency: How often you receive dividends (e.g. quarterly). Dividend Growth Rate: The yearly increase in dividend payouts (as a percentage). Share Price Growth: Expected annual increase in share price over time. Extra Investment: The amount you invest regularly (e.g. each month). Extra Invest Frequency: How often your extra investment is made (e.g. monthly). Length of Investment: How long you plan to keep investing and compounding.

Show Idealized Scenario (Assumes all future extra investments and dividends are made on Day 1 and reinvested instantly — this creates a best-case scenario for compounding growth.)

Portfolio Growth Over Time

Data last updated: October 16, 2025 5:25 pm

Year-by-Year Portfolio Growth (Realistic DRIP Scenario)

Year	Start Balance	Start Shares	Share Price	Dividend / Share	Dividend Yield	Yield on Cost	Annual Dividend	Total Dividends	End Shares	End Balance
1	$10,000	229	$43.72	$0.38	3.48%	3.48%	$379	$379	265	$11,579
2	$12,460	265	$47.05	$0.42	3.55%	3.82%	$474	$853	300	$14,135
3	$15,211	300	$50.63	$0.46	3.62%	4.19%	$585	$1,438	336	$16,996
4	$18,290	336	$54.49	$0.50	3.69%	4.59%	$712	$2,149	371	$20,202
5	$21,740	371	$58.64	$0.55	3.76%	5.04%	$857	$3,007	406	$23,797
6	$25,609	406	$63.10	$0.60	3.83%	5.53%	$1,025	$4,032	441	$27,834
7	$29,954	441	$67.91	$0.66	3.91%	6.07%	$1,218	$5,250	477	$32,372
8	$34,837	477	$73.08	$0.73	3.99%	6.66%	$1,440	$6,690	513	$37,477
9	$40,330	513	$78.64	$0.80	4.07%	7.31%	$1,696	$8,386	550	$43,226
10	$46,518	550	$84.63	$0.88	4.15%	8.03%	$1,990	$10,376	587	$49,708

MBWM Dividend History

Ex-Date	Payment Date	Amount	TTM Yield	Forward Yield	Price on Ex-Date
09/05/2025	09/05/2025	$0.380	3.04%	3.12%	$48.68
06/06/2025	06/06/2025	$0.370	3.28%	3.33%	$44.48
03/07/2025	03/07/2025	$0.370	3.16%	3.25%	$45.57
12/06/2024	12/06/2024	$0.360	2.81%	2.85%	$50.51
09/06/2024	09/06/2024	$0.360	3.27%	3.36%	$42.85
06/07/2024	06/07/2024	$0.350	3.79%	3.85%	$36.40
02/29/2024	02/29/2024	$0.350	3.69%	3.80%	$36.84
11/30/2023	11/30/2023	$0.340	3.90%	3.95%	$34.39
08/31/2023	08/31/2023	$0.340	3.95%	4.07%	$33.38
06/01/2023	06/01/2023	$0.330	4.91%	4.99%	$26.47
03/02/2023	03/02/2023	$0.330	3.72%	3.84%	$34.37
12/01/2022	12/01/2022	$0.320	3.63%	3.69%	$34.70
09/01/2022	09/01/2022	$0.320	3.76%	3.88%	$32.96
06/02/2022	06/02/2022	$0.310	3.76%	3.82%	$32.43
03/03/2022	03/03/2022	$0.310	3.20%	3.30%	$37.52
12/02/2021	12/02/2021	$0.300	3.47%	3.52%	$34.05
09/02/2021	09/02/2021	$0.300	3.70%	3.83%	$31.34
06/03/2021	06/03/2021	$0.290	3.51%	3.57%	$32.49
03/04/2021	03/04/2021	$0.290	3.70%	3.80%	$30.54
12/03/2020	12/03/2020	$0.280	4.46%	4.46%	$25.10

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MBWM 10-yr Total Return ($10,000 invested)

This analysis of MBWM demonstrates the power of dividend reinvestment over a 10-year period with a $10,000 initial investment. The dividend reinvestment strategy delivered a 11.4% CAGR, representing strong long-term performance. Recent 5-year performance has been particularly strong at 19.5% annually, outpacing the 10-year average. The DRIP strategy provided 20% more total return compared to collecting dividends as cash, highlighting the compounding effect of reinvestment.

With DRIP No DRIP

Date	With DRIP	No DRIP	DRIP Advantage	Dividend
2015-12-09	$10,061	$10,061	$0	$0.150
2016-03-09	$9,482	$9,485	$-3	$0.160
2016-06-08	$10,377	$10,369	$8	$0.160
2016-09-07	$11,141	$11,119	$23	$0.170
2016-12-07	$14,456	$14,349	$107	$0.670
2017-03-08	$14,125	$14,033	$92	$0.180
2017-06-07	$13,362	$13,308	$54	$0.180
2017-09-07	$12,564	$12,554	$11	$0.190
2017-12-07	$15,577	$15,383	$194	$0.190
2018-03-08	$15,447	$15,261	$186	$0.220
2018-06-07	$16,364	$16,113	$251	$0.220
2018-09-06	$15,231	$15,067	$164	$0.240
2018-12-06	$13,086	$13,101	$-15	$1.000
2019-03-07	$15,210	$14,982	$228	$0.260
2019-06-06	$14,578	$14,426	$151	$0.260
2019-09-05	$14,545	$14,398	$147	$0.270
2019-12-05	$16,567	$16,145	$422	$0.270
2020-03-05	$13,277	$13,324	$-47	$0.280
2020-06-04	$11,390	$11,723	$-333	$0.280
2020-09-03	$10,506	$10,981	$-475	$0.280
2020-12-03	$12,425	$12,570	$-145	$0.280
2021-03-04	$15,261	$14,893	$369	$0.290
2021-06-03	$16,381	$15,801	$580	$0.290
2021-09-02	$15,952	$15,456	$496	$0.300
2021-12-02	$17,484	$16,676	$808	$0.300
2022-03-03	$19,425	$18,208	$1,217	$0.310
2022-06-02	$16,950	$16,271	$680	$0.310
2022-09-01	$17,395	$16,615	$779	$0.320
2022-12-01	$18,482	$17,450	$1,032	$0.320
2023-03-02	$18,482	$17,450	$1,032	$0.330
2023-06-01	$14,411	$14,382	$29	$0.330
2023-08-31	$18,358	$17,321	$1,038	$0.340
2023-11-30	$19,101	$17,868	$1,233	$0.340
2024-02-29	$20,656	$19,003	$1,653	$0.350
2024-06-07	$20,606	$18,966	$1,639	$0.350
2024-09-06	$24,461	$21,727	$2,734	$0.360
2024-12-06	$29,039	$24,978	$4,061	$0.360
2025-03-07	$26,411	$23,125	$3,286	$0.370
2025-06-06	$25,994	$22,833	$3,161	$0.370
2025-09-05	$28,671	$24,690	$3,981	$0.380

Total Return with and without DRIP (MBWM)

Over the selected period, investing $10,000 in MBWM would grow to $44,704 with DRIP (347.0%), and $35,669 without DRIP (256.7%).

MBWM Dividend Reinvestment Snowball

Investing $10,000 + $100/mo in MBWM with historic price growth (7.61%) and dividend growth (9.74%) produces dramatically different outcomes depending on whether you reinvest dividends.

After 20 Years

Your Investment: $34,000

With DRIP

Portfolio: $192,061

Annual Dividend: $9,876

Yield on Cost: 29.05%

Total Dividends: $59,051

No DRIP

Portfolio: $136,010

Total Dividends: $37,847

After 30 Years

Your Investment: $46,000

With DRIP

Portfolio: $709,115

Annual Dividend: $44,344

Yield on Cost: 96.40%

Total Dividends: $275,550

No DRIP

Portfolio: $344,012

Total Dividends: $121,763

Milestones on the way

By year 13, the compounding really starts to show. Your total dividends collected reach $18,177 against a total investment of $25,600. At this point, your portfolio is throwing off $3,489 per year in dividends alone.

By year 17, the annual dividend climbs to around your initial contribution. For a starting investment of $10,000, the yearly dividend now sits at approximately $6,337, a powerful “income on autopilot” milestone.

After two decades, cumulative dividends total $59,051 versus $34,000 invested, nearly a 174% recovery of capital purely from income. Yield on cost reaches 29.05%.

At year 25, the income engine takes over. The portfolio’s annual dividend of $20,771 is greater than total contributions to date ($40,000), and cumulative dividends exceed $128,500.

By year 30, the DRIP snowball is in full force. Yearly income reaches $44,344, cumulative dividends total $275,550, and the DRIP portfolio value stands at $709,115, compared with $344,012 if dividends weren’t reinvested.

How we estimate these numbers

We use the latest calculator inputs for MBWM, price $43.72, dividend per period $0.38 (4×/year), along with historic growth assumptions: price growth 7.61% and dividend growth 9.74% annually.

We simulate month by month for 30 years. Every month, a $100 contribution is added and converted to shares at that month’s price. Dividends are paid roughly evenly across the year based on the dividend frequency; in the DRIP path, each payout immediately buys additional shares at the then-current price. In the No‑DRIP path, dividends accrue as cash. Prices grow using a monthly rate derived from the annual price growth. Dividends per share increase once per year at the annual dividend growth rate.

This model isn’t investment advice; it’s a simple, transparent framework that illustrates how reinvesting dividends can accelerate both income and total return over time.

Projected Future Returns & Dividends for MBWM

Based on past 10-year performance, here are MBWM growth metrics:

Share price CAGR of +9.04%

Dividend CAGR of +10.41%

Using MBWM CAGR metrics, we can estimate that your initial $10,000 investment, over the next 10 years, should grow as follows:

	MBWM (DRIP)	MBWM (No DRIP)
Current Price	$43.72	$43.72
Start Shares	228.73	228.73
Start Value	$10,000	$10,000
After 10 years:
Final Share Count	329.72	228.73
Dividends Payment	$4.09	$4.09
Annual Dividends	$1,298	$936
Yield on cost	12.98%	9.36%
Share Price	$103.90	$103.90
Total Dividends	$7,583	$6,238
Final Value	$34,258	$30,002

Estimated Future Value + Dividends – MBWM

Dividend History: Payments & Yield

Shows quarterly dividend payments with trailing yield and a 5-year rolling average overlay. Use the range pills to switch the visible period.

Yield Dividend

Date	Dividend	Share Price	Yield %	TTM Dividend	TTM Yield %
2015-12-09	$0.1500	$24.67	0.61%	$0.5800	2.35%
2016-03-09	$0.1600	$23.09	0.69%	$0.6000	2.60%
2016-06-08	$0.1600	$25.11	0.64%	$0.6200	2.47%
2016-09-07	$0.1700	$26.79	0.63%	$0.6400	2.39%
2016-12-07	$0.6700	$34.09	1.97%	$1.1600	3.40%
2017-03-08	$0.1800	$33.13	0.54%	$1.1800	3.56%
2017-06-07	$0.1800	$31.16	0.58%	$1.2000	3.85%
2017-09-07	$0.1900	$29.11	0.65%	$1.2200	4.19%
2017-12-07	$0.1900	$35.90	0.53%	$0.7400	2.06%
2018-03-08	$0.2200	$35.38	0.62%	$0.7800	2.20%
2018-06-07	$0.2200	$37.26	0.59%	$0.8200	2.20%
2018-09-06	$0.2400	$34.44	0.70%	$0.8700	2.53%
2018-12-06	$1.0000	$28.59	3.50%	$1.6800	5.88%
2019-03-07	$0.2600	$32.97	0.79%	$1.7200	5.22%
2019-06-06	$0.2600	$31.34	0.83%	$1.7600	5.62%
2019-09-05	$0.2700	$31.00	0.87%	$1.7900	5.77%
2019-12-05	$0.2700	$35.04	0.77%	$1.0600	3.03%
2020-03-05	$0.2800	$27.80	1.01%	$1.0800	3.88%
2020-06-04	$0.2800	$23.57	1.19%	$1.1000	4.67%
2020-09-03	$0.2800	$21.46	1.30%	$1.1100	5.17%
2020-12-03	$0.2800	$25.10	1.12%	$1.1200	4.46%
2021-03-04	$0.2900	$30.54	0.95%	$1.1300	3.70%
2021-06-03	$0.2900	$32.49	0.89%	$1.1400	3.51%
2021-09-02	$0.3000	$31.34	0.96%	$1.1600	3.70%
2021-12-02	$0.3000	$34.05	0.88%	$1.1800	3.47%
2022-03-03	$0.3100	$37.52	0.83%	$1.2000	3.20%
2022-06-02	$0.3100	$32.43	0.96%	$1.2200	3.76%
2022-09-01	$0.3200	$32.96	0.97%	$1.2400	3.76%
2022-12-01	$0.3200	$34.70	0.92%	$1.2600	3.63%
2023-03-02	$0.3300	$34.37	0.96%	$1.2800	3.72%
2023-06-01	$0.3300	$26.47	1.25%	$1.3000	4.91%
2023-08-31	$0.3400	$33.38	1.02%	$1.3200	3.95%
2023-11-30	$0.3400	$34.39	0.99%	$1.3400	3.90%
2024-02-29	$0.3500	$36.84	0.95%	$1.3600	3.69%
2024-06-07	$0.3500	$36.40	0.96%	$1.3800	3.79%
2024-09-06	$0.3600	$42.85	0.84%	$1.4000	3.27%
2024-12-06	$0.3600	$50.51	0.71%	$1.4200	2.81%
2025-03-07	$0.3700	$45.57	0.81%	$1.4400	3.16%
2025-06-06	$0.3700	$44.48	0.83%	$1.4600	3.28%
2025-09-05	$0.3800	$48.68	0.78%	$1.4800	3.04%

Dividend Growth

Lifetime quarterly dividend amounts, with range controls for 1Y/2Y/5Y/10Y. Useful to visualize the cadence and pace of dividend increases over time.

Dividend

Date	Dividend	Share Price	Yield %	QoQ Change
2015-12-09	$0.1500	$24.67	0.61%	N/A
2016-03-09	$0.1600	$23.09	0.69%	+6.7%
2016-06-08	$0.1600	$25.11	0.64%	+0.0%
2016-09-07	$0.1700	$26.79	0.63%	+6.3%
2016-12-07	$0.6700	$34.09	1.97%	+294.1%
2017-03-08	$0.1800	$33.13	0.54%	-73.1%
2017-06-07	$0.1800	$31.16	0.58%	+0.0%
2017-09-07	$0.1900	$29.11	0.65%	+5.6%
2017-12-07	$0.1900	$35.90	0.53%	+0.0%
2018-03-08	$0.2200	$35.38	0.62%	+15.8%
2018-06-07	$0.2200	$37.26	0.59%	+0.0%
2018-09-06	$0.2400	$34.44	0.70%	+9.1%
2018-12-06	$1.0000	$28.59	3.50%	+316.7%
2019-03-07	$0.2600	$32.97	0.79%	-74.0%
2019-06-06	$0.2600	$31.34	0.83%	+0.0%
2019-09-05	$0.2700	$31.00	0.87%	+3.8%
2019-12-05	$0.2700	$35.04	0.77%	+0.0%
2020-03-05	$0.2800	$27.80	1.01%	+3.7%
2020-06-04	$0.2800	$23.57	1.19%	+0.0%
2020-09-03	$0.2800	$21.46	1.30%	+0.0%
2020-12-03	$0.2800	$25.10	1.12%	+0.0%
2021-03-04	$0.2900	$30.54	0.95%	+3.6%
2021-06-03	$0.2900	$32.49	0.89%	+0.0%
2021-09-02	$0.3000	$31.34	0.96%	+3.4%
2021-12-02	$0.3000	$34.05	0.88%	+0.0%
2022-03-03	$0.3100	$37.52	0.83%	+3.3%
2022-06-02	$0.3100	$32.43	0.96%	+0.0%
2022-09-01	$0.3200	$32.96	0.97%	+3.2%
2022-12-01	$0.3200	$34.70	0.92%	+0.0%
2023-03-02	$0.3300	$34.37	0.96%	+3.1%
2023-06-01	$0.3300	$26.47	1.25%	+0.0%
2023-08-31	$0.3400	$33.38	1.02%	+3.0%
2023-11-30	$0.3400	$34.39	0.99%	+0.0%
2024-02-29	$0.3500	$36.84	0.95%	+2.9%
2024-06-07	$0.3500	$36.40	0.96%	+0.0%
2024-09-06	$0.3600	$42.85	0.84%	+2.9%
2024-12-06	$0.3600	$50.51	0.71%	+0.0%
2025-03-07	$0.3700	$45.57	0.81%	+2.8%
2025-06-06	$0.3700	$44.48	0.83%	+0.0%
2025-09-05	$0.3800	$48.68	0.78%	+2.7%

Dividend Payments & Yield

Quarterly dividends with TTM yield and a 5‑year rolling average overlay. Helps compare current yield versus recent history across different ranges.

Dividend 5-yr Rolling AVG Yield

Date	Dividend	TTM Yield	5-yr Avg Yield	YoY Change
2015-12-09	$0.1500	2.35%	2.35%	N/A
2016-03-09	$0.1600	2.60%	2.47%	N/A
2016-06-08	$0.1600	2.47%	2.47%	N/A
2016-09-07	$0.1700	2.39%	2.45%	N/A
2016-12-07	$0.6700	3.40%	2.64%	100.0%
2017-03-08	$0.1800	3.56%	2.80%	96.7%
2017-06-07	$0.1800	3.85%	2.95%	93.6%
2017-09-07	$0.1900	4.19%	3.10%	90.6%
2017-12-07	$0.1900	2.06%	2.99%	-36.2%
2018-03-08	$0.2200	2.20%	2.91%	-33.9%
2018-06-07	$0.2200	2.20%	2.84%	-31.7%
2018-09-06	$0.2400	2.53%	2.82%	-28.7%
2018-12-06	$1.0000	5.88%	3.05%	127.0%
2019-03-07	$0.2600	5.22%	3.21%	120.5%
2019-06-06	$0.2600	5.62%	3.37%	114.6%
2019-09-05	$0.2700	5.77%	3.52%	105.8%
2019-12-05	$0.2700	3.03%	3.49%	-36.9%
2020-03-05	$0.2800	3.88%	3.51%	-37.2%
2020-06-04	$0.2800	4.67%	3.57%	-37.5%
2020-09-03	$0.2800	5.17%	3.65%	-38.0%
2020-12-03	$0.2800	4.46%	3.76%	5.7%
2021-03-04	$0.2900	3.70%	3.81%	4.6%
2021-06-03	$0.2900	3.51%	3.86%	3.6%
2021-09-02	$0.3000	3.70%	3.93%	4.5%
2021-12-02	$0.3000	3.47%	3.93%	5.4%
2022-03-03	$0.3100	3.20%	3.92%	6.2%
2022-06-02	$0.3100	3.76%	3.91%	7.0%
2022-09-01	$0.3200	3.76%	3.89%	6.9%
2022-12-01	$0.3200	3.63%	3.97%	6.8%
2023-03-02	$0.3300	3.72%	4.04%	6.7%
2023-06-01	$0.3300	4.91%	4.18%	6.6%
2023-08-31	$0.3400	3.95%	4.25%	6.5%
2023-11-30	$0.3400	3.90%	4.15%	6.4%
2024-02-29	$0.3500	3.69%	4.08%	6.3%
2024-06-07	$0.3500	3.79%	3.98%	6.2%
2024-09-06	$0.3600	3.27%	3.86%	6.1%
2024-12-06	$0.3600	2.81%	3.85%	6.0%
2025-03-07	$0.3700	3.16%	3.81%	5.9%
2025-06-06	$0.3700	3.28%	3.74%	5.8%
2025-09-05	$0.3800	3.04%	3.64%	5.7%

MBWM Dividend History

Ex-Date	Payment Date	Amount	TTM Yield	Forward Yield	Price on Ex-Date
09/05/2025	09/05/2025	$0.380	3.04%	3.12%	$48.68
06/06/2025	06/06/2025	$0.370	3.28%	3.33%	$44.48
03/07/2025	03/07/2025	$0.370	3.16%	3.25%	$45.57
12/06/2024	12/06/2024	$0.360	2.81%	2.85%	$50.51
09/06/2024	09/06/2024	$0.360	3.27%	3.36%	$42.85
06/07/2024	06/07/2024	$0.350	3.79%	3.85%	$36.40
02/29/2024	02/29/2024	$0.350	3.69%	3.80%	$36.84
11/30/2023	11/30/2023	$0.340	3.90%	3.95%	$34.39
08/31/2023	08/31/2023	$0.340	3.95%	4.07%	$33.38
06/01/2023	06/01/2023	$0.330	4.91%	4.99%	$26.47
03/02/2023	03/02/2023	$0.330	3.72%	3.84%	$34.37
12/01/2022	12/01/2022	$0.320	3.63%	3.69%	$34.70
09/01/2022	09/01/2022	$0.320	3.76%	3.88%	$32.96
06/02/2022	06/02/2022	$0.310	3.76%	3.82%	$32.43
03/03/2022	03/03/2022	$0.310	3.20%	3.30%	$37.52
12/02/2021	12/02/2021	$0.300	3.47%	3.52%	$34.05
09/02/2021	09/02/2021	$0.300	3.70%	3.83%	$31.34
06/03/2021	06/03/2021	$0.290	3.51%	3.57%	$32.49
03/04/2021	03/04/2021	$0.290	3.70%	3.80%	$30.54
12/03/2020	12/03/2020	$0.280	4.46%	4.46%	$25.10
09/03/2020	09/03/2020	$0.280	5.17%	5.22%	$21.46
06/04/2020	06/04/2020	$0.280	4.67%	4.75%	$23.57
03/05/2020	03/05/2020	$0.280	3.88%	4.03%	$27.80
12/05/2019	12/05/2019	$0.270	3.03%	3.08%	$35.04
09/05/2019	09/05/2019	$0.270	5.77%	3.48%	$31.00
06/06/2019	06/06/2019	$0.260	5.62%	3.32%	$31.34
03/07/2019	03/07/2019	$0.260	5.22%	3.15%	$32.97
12/06/2018	12/06/2018	$1.00	5.88%	13.99%	$28.59
09/06/2018	09/06/2018	$0.240	2.53%	2.79%	$34.44
06/07/2018	06/07/2018	$0.220	2.20%	2.36%	$37.26
03/08/2018	03/08/2018	$0.220	2.20%	2.49%	$35.38
12/07/2017	12/07/2017	$0.190	2.06%	2.12%	$35.90
09/07/2017	09/07/2017	$0.190	4.19%	2.61%	$29.11
06/07/2017	06/07/2017	$0.180	3.85%	2.31%	$31.16
03/08/2017	03/08/2017	$0.180	3.56%	2.17%	$33.13
12/07/2016	12/07/2016	$0.670	3.40%	7.86%	$34.09
09/07/2016	09/07/2016	$0.170	2.39%	2.54%	$26.79
06/08/2016	06/08/2016	$0.160	2.47%	2.55%	$25.11
03/09/2016	03/09/2016	$0.160	2.60%	2.77%	$23.09
12/09/2015	12/09/2015	$0.150	2.35%	2.43%	$24.67
09/09/2015	09/09/2015	$0.150	2.78%	3.04%	$19.76
06/10/2015	06/10/2015	$0.140	2.55%	2.74%	$20.43
03/11/2015	03/11/2015	$0.140	2.63%	2.95%	$19.00
12/10/2014	12/10/2014	$0.120	12.06%	2.45%	$19.57
09/10/2014	09/10/2014	$0.120	12.38%	2.52%	$19.06
06/11/2014	06/11/2014	$0.120	11.87%	2.41%	$19.88
05/20/2014	05/20/2014	$2.00	11.15%	37.79%	$21.17
02/06/2014	02/06/2014	$0.120	2.42%	2.47%	$19.41
11/06/2013	11/06/2013	$0.120	2.06%	2.19%	$21.89
08/07/2013	08/07/2013	$0.120	2.18%	2.49%	$19.30
05/08/2013	05/08/2013	$0.110	1.82%	2.59%	$17.00
02/06/2013	02/06/2013	$0.100	1.27%	2.42%	$16.53
11/07/2012	11/07/2012	$0.090	0.82%	2.46%	$14.65
02/08/2010	02/08/2010	$0.010	1.16%	1.16%	$3.44
11/06/2009	11/06/2009	$0.010	1.91%	1.09%	$3.67
08/06/2009	08/06/2009	$0.010	2.63%	1.05%	$3.80
05/06/2009	05/06/2009	$0.010	3.36%	1.03%	$3.87
02/06/2009	02/06/2009	$0.040	4.74%	3.79%	$4.22
11/06/2008	11/06/2008	$0.040	4.13%	2.13%	$7.50
08/06/2008	08/06/2008	$0.040	4.43%	1.73%	$9.26
05/07/2008	05/07/2008	$0.080	5.06%	3.17%	$10.08
02/06/2008	02/06/2008	$0.150	4.03%	4.24%	$14.16
11/07/2007	11/07/2007	$0.140	3.29%	3.33%	$16.80
08/08/2007	08/08/2007	$0.140	2.56%	2.67%	$20.95
05/08/2007	05/08/2007	$0.140	1.90%	2.05%	$27.38
02/07/2007	02/07/2007	$0.133	1.53%	1.62%	$32.96
11/08/2006	11/08/2006	$0.124	1.31%	1.35%	$36.70
08/08/2006	08/08/2006	$0.124	1.22%	1.33%	$37.29
05/15/2006	05/15/2006	$0.124	1.19%	1.37%	$36.25
02/08/2006	02/08/2006	$0.109	1.18%	1.28%	$34.12
11/08/2005	11/08/2005	$0.100	1.06%	1.11%	$35.85
08/08/2005	08/08/2005	$0.100	0.89%	0.99%	$40.36
05/06/2005	05/06/2005	$0.095	0.96%	1.08%	$35.18
02/08/2005	02/08/2005	$0.086	0.82%	0.88%	$39.13
11/08/2004	11/08/2004	$0.078	0.93%	0.94%	$33.15
08/06/2004	08/06/2004	$0.078	1.03%	1.08%	$28.68
05/06/2004	05/06/2004	$0.078	0.91%	1.00%	$31.23
02/06/2004	02/06/2004	$0.074	0.92%	1.01%	$29.42
11/06/2003	11/06/2003	$0.066	0.98%	0.98%	$26.94
08/07/2003	08/07/2003	$0.066	1.02%	1.00%	$26.24
05/08/2003	05/08/2003	$0.066	0.92%	1.21%	$21.76
02/06/2003	02/06/2003	$0.066	0.67%	1.31%	$20.15
01/15/2003	01/15/2003	$0.069	0.34%	1.37%	$20.18

Page 1 of 1

Dividend Payout Ratio

Tracks the percentage of earnings paid out as dividends each quarter. Lower and stable ratios often indicate safer, more sustainable payouts.

Payout Ratio

Date	Payout Ratio	QoQ Change	YoY Change
2021-10-31	31.9%	N/A	N/A
2022-01-31	32.2%	+0.9%	N/A
2022-04-30	32.5%	+0.9%	N/A
2022-07-31	32.8%	+0.8%	N/A
2022-10-31	33.0%	+0.7%	+3.3%
2023-01-31	31.1%	-5.9%	-3.6%
2023-04-30	29.3%	-5.7%	-9.9%
2023-07-31	27.6%	-5.7%	-15.7%
2023-10-31	26.1%	-5.5%	-20.9%
2024-01-31	26.7%	+2.3%	-14.1%
2024-04-30	27.3%	+2.3%	-6.8%
2024-07-31	27.9%	+2.3%	+1.1%
2024-10-31	28.6%	+2.4%	+9.6%
2025-06-30	16.6%	-41.8%	-37.7%

Dividend to Free Cash Flow Ratio

Shows dividends as a percentage of free cash flow. Consistently high values may signal limited reinvestment capacity or potential dividend risk.

Dividend/FCF Ratio

Date	Dividend/FCF Ratio	QoQ Change	YoY Change
2021-01-31	492.4%	N/A	N/A
2021-04-30	433.4%	-12.0%	N/A
2021-07-31	387.7%	-10.5%	N/A
2021-10-31	354.4%	-8.6%	N/A
2022-01-31	491.4%	+38.7%	-0.2%
2022-04-30	436.0%	-11.3%	+0.6%
2022-07-31	393.0%	-9.8%	+1.4%
2022-10-31	358.9%	-8.7%	+1.3%
2023-01-31	442.5%	+23.3%	-10.0%
2023-04-30	392.1%	-11.4%	-10.0%
2023-07-31	353.2%	-9.9%	-10.1%
2023-10-31	322.2%	-8.8%	-10.2%
2024-01-31	458.8%	+42.4%	+3.7%
2024-04-30	406.2%	-11.5%	+3.6%
2024-07-31	365.5%	-10.0%	+3.5%
2024-10-31	333.1%	-8.9%	+3.4%
2025-10-16	69.0%	-79.3%	-85.0%

Share Price

Historical closing price with range controls. Table view includes quarter‑over‑quarter and year‑over‑year changes for additional context.

MBWM Price

Date	Share Price	Price Change	QoQ Change	YoY Change
2015-12-09	$24.67	N/A	N/A	N/A
2016-03-09	$23.09	$-1.58	6.7%	N/A
2016-06-08	$25.11	+$2.02	0.0%	N/A
2016-09-07	$26.79	+$1.68	6.3%	N/A
2016-12-07	$34.09	+$7.30	294.1%	346.7%
2017-03-08	$33.13	$-0.96	-73.1%	12.5%
2017-06-07	$31.16	$-1.97	0.0%	12.5%
2017-09-07	$29.11	$-2.05	5.6%	11.8%
2017-12-07	$35.90	+$6.79	0.0%	-71.6%
2018-03-08	$35.38	$-0.52	15.8%	22.2%
2018-06-07	$37.26	+$1.88	0.0%	22.2%
2018-09-06	$34.44	$-2.82	9.1%	26.3%
2018-12-06	$28.59	$-5.85	316.7%	426.3%
2019-03-07	$32.97	+$4.38	-74.0%	18.2%
2019-06-06	$31.34	$-1.63	0.0%	18.2%
2019-09-05	$31.00	$-0.34	3.9%	12.5%
2019-12-05	$35.04	+$4.04	0.0%	-73.0%
2020-03-05	$27.80	$-7.24	3.7%	7.7%
2020-06-04	$23.57	$-4.23	0.0%	7.7%
2020-09-03	$21.46	$-2.11	0.0%	3.7%
2020-12-03	$25.10	+$3.64	0.0%	3.7%
2021-03-04	$30.54	+$5.44	3.6%	3.6%
2021-06-03	$32.49	+$1.95	0.0%	3.6%
2021-09-02	$31.34	$-1.15	3.5%	7.1%
2021-12-02	$34.05	+$2.71	0.0%	7.1%
2022-03-03	$37.52	+$3.47	3.3%	6.9%
2022-06-02	$32.43	$-5.09	0.0%	6.9%
2022-09-01	$32.96	+$0.53	3.2%	6.7%
2022-12-01	$34.70	+$1.74	0.0%	6.7%
2023-03-02	$34.37	$-0.33	3.1%	6.5%
2023-06-01	$26.47	$-7.90	0.0%	6.5%
2023-08-31	$33.38	+$6.91	3.0%	6.3%
2023-11-30	$34.39	+$1.01	0.0%	6.3%
2024-02-29	$36.84	+$2.45	2.9%	6.1%
2024-06-07	$36.40	$-0.44	0.0%	6.1%
2024-09-06	$42.85	+$6.45	2.9%	5.9%
2024-12-06	$50.51	+$7.66	0.0%	5.9%
2025-03-07	$45.57	$-4.94	2.8%	5.7%
2025-06-06	$44.48	$-1.09	0.0%	5.7%
2025-09-05	$48.68	+$4.20	2.7%	5.6%

Price to Earnings

MBWM trades at a 30.4x price-to-earnings ratio. This elevated valuation suggests investors expect strong future growth.

2021-01-31	29.9x	N/A	Q-Est
2021-04-30	32.2x	+7.6%	Q-Est
2021-07-31	33.3x	+3.3%	Q-Est
2021-10-31	35.3x	+6.1%	Q-Est
2022-01-31	37.3x	+5.7%	Q-Est
2022-04-30	39.2x	+5.3%	Q-Est
2022-07-31	34.0x	-13.3%	Q-Est
2022-10-31	31.6x	-7.0%	Q-Est
2023-01-31	26.5x	-16.3%	Q-Est
2023-04-30	27.3x	+3.3%	Q-Est
2023-07-31	21.8x	-20.2%	Q-Est
2023-10-31	24.4x	+11.9%	Q-Est
2024-01-31	33.0x	+34.9%	Q-Est
2024-04-30	30.1x	-8.8%	Q-Est
2024-07-31	33.1x	+10.1%	Q-Est
2024-09-30	38.1x	+15.0%	Q
2024-10-31	35.7x	-6.3%	Q-Est
2024-12-31	41.4x	+16.1%	Q
2025-03-31	40.6x	-2.0%	Q
2025-06-30	30.4x	-25.1%	Q

Price to Sales

MBWM trades at a 11.3x price-to-sales ratio, providing insight into market valuation relative to revenue generation.

2021-01-31	9.8x	N/A	Q-Est
2021-04-30	10.5x	+7.6%	Q-Est
2021-07-31	10.9x	+3.3%	Q-Est
2021-10-31	11.5x	+6.1%	Q-Est
2022-01-31	12.0x	+3.6%	Q-Est
2022-04-30	12.6x	+5.3%	Q-Est
2022-07-31	10.9x	-13.3%	Q-Est
2022-10-31	10.1x	-7.0%	Q-Est
2023-01-31	9.6x	-5.0%	Q-Est
2023-04-30	10.0x	+3.3%	Q-Est
2023-07-31	8.0x	-20.2%	Q-Est
2023-10-31	8.9x	+11.9%	Q-Est
2024-01-31	11.3x	+27.4%	Q-Est
2024-04-30	10.3x	-8.8%	Q-Est
2024-07-31	11.4x	+10.1%	Q-Est
2024-09-30	12.9x	+13.2%	Q
2024-10-31	12.3x	-4.8%	Q-Est
2024-12-31	13.9x	+13.2%	Q
2025-03-31	13.9x	-0.3%	Q
2025-06-30	11.3x	-18.6%	Q

Revenue

MBWM generated $0.1B in revenue. Revenue has grown by 35% over the period.

2021-01-31	$0.05B	N/A	Q-Est
2021-04-30	$0.05B	+0.0%	Q-Est
2021-07-31	$0.05B	+0.0%	Q-Est
2021-10-31	$0.05B	+0.0%	Q-Est
2022-01-31	$0.05B	+5.6%	Q-Est
2022-04-30	$0.05B	+0.0%	Q-Est
2022-07-31	$0.05B	+0.0%	Q-Est
2022-10-31	$0.05B	+0.0%	Q-Est
2023-01-31	$0.06B	+18.6%	Q-Est
2023-04-30	$0.06B	+0.0%	Q-Est
2023-07-31	$0.06B	+0.0%	Q-Est
2023-10-31	$0.06B	+0.0%	Q-Est
2024-01-31	$0.06B	+2.6%	Q-Est
2024-04-30	$0.06B	+0.0%	Q-Est
2024-07-31	$0.06B	+0.0%	Q-Est
2024-09-30	$0.06B	+0.2%	Q
2024-10-31	$0.06B	-0.2%	Q-Est
2024-12-31	$0.06B	+1.1%	Q
2025-03-31	$0.06B	-2.2%	Q
2025-06-30	$0.06B	+6.4%	Q

Net Income

MBWM reported $0.0B in net income. Net income has grown by 53% over the period.

2021-01-31	$0.01B	N/A	Q-Est
2021-04-30	$0.01B	+0.0%	Q-Est
2021-07-31	$0.01B	+0.0%	Q-Est
2021-10-31	$0.01B	+0.0%	Q-Est
2022-01-31	$0.02B	+3.5%	Q-Est
2022-04-30	$0.02B	+0.0%	Q-Est
2022-07-31	$0.02B	+0.0%	Q-Est
2022-10-31	$0.02B	+0.0%	Q-Est
2023-01-31	$0.02B	+34.6%	Q-Est
2023-04-30	$0.02B	+0.0%	Q-Est
2023-07-31	$0.02B	+0.0%	Q-Est
2023-10-31	$0.02B	+0.0%	Q-Est
2024-01-31	$0.02B	-3.2%	Q-Est
2024-04-30	$0.02B	+0.0%	Q-Est
2024-07-31	$0.02B	+0.0%	Q-Est
2024-09-30	$0.02B	-1.4%	Q
2024-10-31	$0.02B	+1.4%	Q-Est
2024-12-31	$0.02B	-1.4%	Q
2025-03-31	$0.02B	-0.5%	Q
2025-06-30	$0.02B	+15.8%	Q

Revenue vs Net Income

MBWM generated $0.1B in revenue with net income of $0.0B, representing a 37.1% net profit margin.

2021-01-31	$0.05B	$0.01B	Q-Est
2021-04-30	$0.05B	$0.01B	Q-Est
2021-07-31	$0.05B	$0.01B	Q-Est
2021-10-31	$0.05B	$0.01B	Q-Est
2022-01-31	$0.05B	$0.02B	Q-Est
2022-04-30	$0.05B	$0.02B	Q-Est
2022-07-31	$0.05B	$0.02B	Q-Est
2022-10-31	$0.05B	$0.02B	Q-Est
2023-01-31	$0.06B	$0.02B	Q-Est
2023-04-30	$0.06B	$0.02B	Q-Est
2023-07-31	$0.06B	$0.02B	Q-Est
2023-10-31	$0.06B	$0.02B	Q-Est
2024-01-31	$0.06B	$0.02B	Q-Est
2024-04-30	$0.06B	$0.02B	Q-Est
2024-07-31	$0.06B	$0.02B	Q-Est
2024-09-30	$0.06B	$0.02B	Q
2024-10-31	$0.06B	$0.02B	Q-Est
2024-12-31	$0.06B	$0.02B	Q
2025-03-31	$0.06B	$0.02B	Q
2025-06-30	$0.06B	$0.02B	Q

Gross Profit

MBWM achieved $0.1B in gross profit, showing revenue after direct production costs.

2021-01-31	$0.03B	N/A	Q-Est
2021-04-30	$0.03B	-6.3%	Q-Est
2021-07-31	$0.03B	+5.1%	Q-Est
2021-10-31	$0.03B	-4.7%	Q-Est
2022-01-31	$0.03B	+11.4%	Q-Est
2022-04-30	$0.03B	+1.0%	Q-Est
2022-07-31	$0.03B	-6.4%	Q-Est
2022-10-31	$0.03B	+3.1%	Q-Est
2023-01-31	$0.05B	+41.0%	Q-Est
2023-04-30	$0.05B	+0.7%	Q-Est
2023-07-31	$0.04B	-3.5%	Q-Est
2023-10-31	$0.05B	+1.8%	Q-Est
2024-01-31	$0.05B	+1.1%	Q-Est
2024-04-30	$0.04B	-3.2%	Q-Est
2024-07-31	$0.04B	+0.4%	Q-Est
2024-09-30	$0.04B	-0.3%	Q-Est
2024-10-31	$0.05B	+3.2%	Q-Est
2024-12-31	$0.05B	-0.7%	Q-Est
2025-03-31	$0.04B	-3.3%	Q-Est
2025-06-30	$0.05B	+14.1%	Q-Est

Operating Income

MBWM generated $0.0B in operating income, representing profit from core business operations.

2021-01-31	$0.02B	N/A	Q-Est
2021-04-30	$0.02B	+0.0%	Q-Est
2021-07-31	$0.02B	+0.0%	Q-Est
2021-10-31	$0.02B	+0.0%	Q-Est
2022-01-31	$0.02B	+5.6%	Q-Est
2022-04-30	$0.02B	+0.0%	Q-Est
2022-07-31	$0.02B	+0.0%	Q-Est
2022-10-31	$0.02B	+0.0%	Q-Est
2023-01-31	$0.02B	+18.6%	Q-Est
2023-04-30	$0.02B	+0.0%	Q-Est
2023-07-31	$0.02B	+0.0%	Q-Est
2023-10-31	$0.02B	+0.0%	Q-Est
2024-01-31	$0.02B	+2.6%	Q-Est
2024-04-30	$0.02B	+0.0%	Q-Est
2024-07-31	$0.02B	+0.0%	Q-Est
2024-09-30	$0.02B	+0.2%	Q-Est
2024-10-31	$0.02B	-0.2%	Q-Est
2024-12-31	$0.02B	+1.1%	Q-Est
2025-03-31	$0.02B	-2.2%	Q-Est
2025-06-30	$0.02B	+6.4%	Q-Est

EBITDA

MBWM generated $0.0B in EBITDA, measuring operational profitability before interest, taxes, depreciation, and amortization.

2021-01-31	$0.02B	N/A	Q-Est
2021-04-30	$0.02B	+0.0%	Q-Est
2021-07-31	$0.02B	+0.0%	Q-Est
2021-10-31	$0.02B	+0.0%	Q-Est
2022-01-31	$0.02B	+5.6%	Q-Est
2022-04-30	$0.02B	+0.0%	Q-Est
2022-07-31	$0.02B	+0.0%	Q-Est
2022-10-31	$0.02B	+0.0%	Q-Est
2023-01-31	$0.02B	+18.6%	Q-Est
2023-04-30	$0.02B	+0.0%	Q-Est
2023-07-31	$0.02B	+0.0%	Q-Est
2023-10-31	$0.02B	+0.0%	Q-Est
2024-01-31	$0.02B	+2.6%	Q-Est
2024-04-30	$0.02B	+0.0%	Q-Est
2024-07-31	$0.02B	+0.0%	Q-Est
2024-09-30	$0.02B	+0.2%	Q-Est
2024-10-31	$0.02B	-0.2%	Q-Est
2024-12-31	$0.02B	+1.1%	Q-Est
2025-03-31	$0.02B	-2.2%	Q-Est
2025-06-30	$0.02B	+6.4%	Q-Est

Operating Cash Flow

MBWM generated $0.0B in operating cash flow, demonstrating the company’s ability to convert earnings into cash.

2021-01-31	$0.02B	N/A	Q-Est
2021-04-30	$0.02B	+0.0%	Q-Est
2021-07-31	$0.02B	+0.0%	Q-Est
2021-10-31	$0.02B	+0.0%	Q-Est
2022-01-31	$0.02B	+3.5%	Q-Est
2022-04-30	$0.02B	+0.0%	Q-Est
2022-07-31	$0.02B	+0.0%	Q-Est
2022-10-31	$0.02B	+0.0%	Q-Est
2023-01-31	$0.02B	+34.6%	Q-Est
2023-04-30	$0.02B	+0.0%	Q-Est
2023-07-31	$0.02B	+0.0%	Q-Est
2023-10-31	$0.02B	+0.0%	Q-Est
2024-01-31	$0.02B	-3.2%	Q-Est
2024-04-30	$0.02B	+0.0%	Q-Est
2024-07-31	$0.02B	+0.0%	Q-Est
2024-09-30	$0.02B	-1.4%	Q-Est
2024-10-31	$0.02B	+1.4%	Q-Est
2024-12-31	$0.02B	-1.4%	Q-Est
2025-03-31	$0.02B	-0.5%	Q-Est
2025-06-30	$0.03B	+15.8%	Q-Est

Free Cash Flow

MBWM generated $0.0B in free cash flow. Free cash flow has increased by 55% over the period.

2021-01-31	$0.02B	N/A	Q-Est
2021-04-30	$0.02B	+0.0%	Q-Est
2021-07-31	$0.02B	+0.0%	Q-Est
2021-10-31	$0.02B	+0.0%	Q-Est
2022-01-31	$0.02B	+3.2%	Q-Est
2022-04-30	$0.02B	+0.0%	Q-Est
2022-07-31	$0.02B	+0.0%	Q-Est
2022-10-31	$0.02B	+0.0%	Q-Est
2023-01-31	$0.02B	+36.3%	Q-Est
2023-04-30	$0.02B	+0.0%	Q-Est
2023-07-31	$0.02B	+0.0%	Q-Est
2023-10-31	$0.02B	+0.0%	Q-Est
2024-01-31	$0.02B	-3.7%	Q-Est
2024-04-30	$0.02B	+0.0%	Q-Est
2024-07-31	$0.02B	+0.0%	Q-Est
2024-09-30	$0.02B	-1.6%	Q-Est
2024-10-31	$0.02B	+1.6%	Q-Est
2024-12-31	$0.02B	-1.6%	Q-Est
2025-03-31	$0.02B	-0.3%	Q-Est
2025-06-30	$0.02B	+16.7%	Q-Est

Free Cash Flow / Share

MBWM generates $1.47 in free cash flow per share. FCF per share has grown by 55% over the period.

2021-01-31	$0.95	N/A	Q-Est
2021-04-30	$0.95	+0.0%	Q-Est
2021-07-31	$0.95	+0.0%	Q-Est
2021-10-31	$0.95	+0.0%	Q-Est
2022-01-31	$0.98	+3.2%	Q-Est
2022-04-30	$0.98	+0.0%	Q-Est
2022-07-31	$0.98	+0.0%	Q-Est
2022-10-31	$0.98	+0.0%	Q-Est
2023-01-31	$1.33	+36.3%	Q-Est
2023-04-30	$1.33	+0.0%	Q-Est
2023-07-31	$1.33	+0.0%	Q-Est
2023-10-31	$1.33	+0.0%	Q-Est
2024-01-31	$1.28	-3.7%	Q-Est
2024-04-30	$1.28	+0.0%	Q-Est
2024-07-31	$1.28	+0.0%	Q-Est
2024-09-30	$1.26	-1.6%	Q-Est
2024-10-31	$1.28	+1.6%	Q-Est
2024-12-31	$1.26	-1.6%	Q-Est
2025-03-31	$1.26	-0.3%	Q-Est
2025-06-30	$1.47	+16.7%	Q-Est

Earnings Per Share (EPS)

MBWM reported $1.39 in earnings per share. EPS has grown by 53% over the period.

2021-01-31	$0.91	N/A	Q-Est
2021-04-30	$0.91	+0.0%	Q-Est
2021-07-31	$0.91	+0.0%	Q-Est
2021-10-31	$0.91	+0.0%	Q-Est
2022-01-31	$0.94	+3.5%	Q-Est
2022-04-30	$0.94	+0.0%	Q-Est
2022-07-31	$0.94	+0.0%	Q-Est
2022-10-31	$0.94	+0.0%	Q-Est
2023-01-31	$1.26	+34.6%	Q-Est
2023-04-30	$1.26	+0.0%	Q-Est
2023-07-31	$1.26	+0.0%	Q-Est
2023-10-31	$1.26	+0.0%	Q-Est
2024-01-31	$1.22	-3.2%	Q-Est
2024-04-30	$1.22	+0.0%	Q-Est
2024-07-31	$1.22	+0.0%	Q-Est
2024-09-30	$1.21	-1.4%	Q
2024-10-31	$1.22	+1.4%	Q-Est
2024-12-31	$1.21	-1.4%	Q
2025-03-31	$1.20	-0.5%	Q
2025-06-30	$1.39	+15.8%	Q

Return on Equity (ROE)

MBWM delivered a 30.9% return on equity, indicating how effectively the company generates returns for shareholders.

2021-01-31	27.3%	N/A	Q-Est
2021-04-30	27.3%	+0.0%	Q-Est
2021-07-31	27.3%	+0.0%	Q-Est
2021-10-31	27.3%	+0.0%	Q-Est
2022-01-31	26.7%	-2.0%	Q-Est
2022-04-30	26.7%	+0.0%	Q-Est
2022-07-31	26.7%	+0.0%	Q-Est
2022-10-31	26.7%	+0.0%	Q-Est
2023-01-31	30.4%	+13.5%	Q-Est
2023-04-30	30.4%	+0.0%	Q-Est
2023-07-31	30.4%	+0.0%	Q-Est
2023-10-31	30.4%	+0.0%	Q-Est
2024-01-31	28.7%	-5.6%	Q-Est
2024-04-30	28.7%	+0.0%	Q-Est
2024-07-31	28.7%	+0.0%	Q-Est
2024-09-30	28.2%	-1.5%	Q-Est
2024-10-31	28.7%	+1.6%	Q-Est
2024-12-31	27.9%	-2.5%	Q-Est
2025-03-31	28.4%	+1.8%	Q-Est
2025-06-30	30.9%	+8.8%	Q-Est

Return on Assets (ROA)

MBWM achieved a 18.6% return on assets, measuring how efficiently the company uses its assets to generate profit.

2021-01-31	16.4%	N/A	Q-Est
2021-04-30	16.4%	+0.0%	Q-Est
2021-07-31	16.4%	+0.0%	Q-Est
2021-10-31	16.4%	+0.0%	Q-Est
2022-01-31	16.0%	-2.0%	Q-Est
2022-04-30	16.0%	+0.0%	Q-Est
2022-07-31	16.0%	+0.0%	Q-Est
2022-10-31	16.0%	+0.0%	Q-Est
2023-01-31	18.2%	+13.5%	Q-Est
2023-04-30	18.2%	+0.0%	Q-Est
2023-07-31	18.2%	+0.0%	Q-Est
2023-10-31	18.2%	+0.0%	Q-Est
2024-01-31	17.2%	-5.6%	Q-Est
2024-04-30	17.2%	+0.0%	Q-Est
2024-07-31	17.2%	+0.0%	Q-Est
2024-09-30	16.9%	-1.6%	Q-Est
2024-10-31	17.2%	+1.6%	Q-Est
2024-12-31	16.8%	-2.5%	Q-Est
2025-03-31	17.1%	+1.8%	Q-Est
2025-06-30	18.6%	+8.8%	Q-Est

Net Profit Margin

MBWM maintains a 37.1% net profit margin, showing the percentage of revenue retained as profit after all expenses.

2021-01-31	32.7%	N/A	Q-Est
2021-04-30	32.7%	+0.0%	Q-Est
2021-07-31	32.7%	+0.0%	Q-Est
2021-10-31	32.7%	+0.0%	Q-Est
2022-01-31	32.1%	-2.0%	Q-Est
2022-04-30	32.1%	+0.0%	Q-Est
2022-07-31	32.1%	+0.0%	Q-Est
2022-10-31	32.1%	+0.0%	Q-Est
2023-01-31	36.4%	+13.5%	Q-Est
2023-04-30	36.4%	+0.0%	Q-Est
2023-07-31	36.4%	+0.0%	Q-Est
2023-10-31	36.4%	+0.0%	Q-Est
2024-01-31	34.4%	-5.6%	Q-Est
2024-04-30	34.4%	+0.0%	Q-Est
2024-07-31	34.4%	+0.0%	Q-Est
2024-09-30	33.8%	-1.6%	Q
2024-10-31	34.4%	+1.6%	Q-Est
2024-12-31	33.5%	-2.5%	Q
2025-03-31	34.1%	+1.8%	Q
2025-06-30	37.1%	+8.8%	Q

Gross Profit Margin

MBWM operates with a 82.7% gross profit margin, reflecting pricing power and cost efficiency in core operations.

2021-01-31	70.9%	N/A	Q-Est
2021-04-30	66.4%	-6.3%	Q-Est
2021-07-31	69.8%	+5.1%	Q-Est
2021-10-31	66.5%	-4.7%	Q-Est
2022-01-31	70.2%	+5.6%	Q-Est
2022-04-30	70.9%	+1.0%	Q-Est
2022-07-31	66.4%	-6.4%	Q-Est
2022-10-31	68.4%	+3.1%	Q-Est
2023-01-31	81.4%	+18.9%	Q-Est
2023-04-30	82.0%	+0.7%	Q-Est
2023-07-31	79.1%	-3.5%	Q-Est
2023-10-31	80.5%	+1.8%	Q-Est
2024-01-31	79.4%	-1.4%	Q-Est
2024-04-30	76.9%	-3.2%	Q-Est
2024-07-31	77.2%	+0.4%	Q-Est
2024-09-30	76.9%	-0.4%	Q
2024-10-31	79.5%	+3.3%	Q-Est
2024-12-31	78.0%	-1.8%	Q
2025-03-31	77.1%	-1.2%	Q
2025-06-30	82.7%	+7.2%	Q

Cash & Debt

MBWM holds $0.0B in cash against $0.0B in debt, resulting in a net cash position of $0.0B.

2021-01-31	$0.01B	$0.00B	$0.00B	Q-Est
2021-04-30	$0.01B	$0.00B	$0.00B	Q-Est
2021-07-31	$0.01B	$0.00B	$0.00B	Q-Est
2021-10-31	$0.01B	$0.00B	$0.00B	Q-Est
2022-01-31	$0.01B	$0.00B	$0.00B	Q-Est
2022-04-30	$0.01B	$0.00B	$0.00B	Q-Est
2022-07-31	$0.01B	$0.00B	$0.00B	Q-Est
2022-10-31	$0.01B	$0.00B	$0.00B	Q-Est
2023-01-31	$0.01B	$0.00B	$0.01B	Q-Est
2023-04-30	$0.01B	$0.00B	$0.01B	Q-Est
2023-07-31	$0.01B	$0.00B	$0.01B	Q-Est
2023-10-31	$0.01B	$0.00B	$0.01B	Q-Est
2024-01-31	$0.01B	$0.00B	$0.01B	Q-Est
2024-04-30	$0.01B	$0.00B	$0.01B	Q-Est
2024-07-31	$0.01B	$0.00B	$0.01B	Q-Est
2024-09-30	$0.01B	$0.00B	$0.01B	Q-Est
2024-10-31	$0.01B	$0.00B	$0.01B	Q-Est
2024-12-31	$0.01B	$0.00B	$0.01B	Q-Est
2025-03-31	$0.01B	$0.00B	$0.01B	Q-Est
2025-06-30	$0.01B	$0.00B	$0.01B	Q-Est

Shares Outstanding

MBWM has 0.0B shares outstanding.

2021-01-31	0.02B	N/A	Q-Est
2021-04-30	0.02B	+0.0%	Q-Est
2021-07-31	0.02B	+0.0%	Q-Est
2021-10-31	0.02B	+0.0%	Q-Est
2022-01-31	0.02B	+0.0%	Q-Est
2022-04-30	0.02B	+0.0%	Q-Est
2022-07-31	0.02B	+0.0%	Q-Est
2022-10-31	0.02B	+0.0%	Q-Est
2023-01-31	0.02B	+0.0%	Q-Est
2023-04-30	0.02B	+0.0%	Q-Est
2023-07-31	0.02B	+0.0%	Q-Est
2023-10-31	0.02B	+0.0%	Q-Est
2024-01-31	0.02B	+0.0%	Q-Est
2024-04-30	0.02B	+0.0%	Q-Est
2024-07-31	0.02B	+0.0%	Q-Est
2024-09-30	0.02B	+0.0%	Q-Est
2024-10-31	0.02B	+0.0%	Q-Est
2024-12-31	0.02B	+0.0%	Q-Est
2025-03-31	0.02B	+0.0%	Q-Est
2025-06-30	0.02B	+0.0%	Q-Est

Stock-Based Comp

MBWM reported $0.0B in stock-based compensation. Over the period, stock-based compensation has increased by 35%.

2021-01-31	$0.00B	N/A	Q-Est
2021-04-30	$0.00B	+0.0%	Q-Est
2021-07-31	$0.00B	+0.0%	Q-Est
2021-10-31	$0.00B	+0.0%	Q-Est
2022-01-31	$0.00B	+5.6%	Q-Est
2022-04-30	$0.00B	+0.0%	Q-Est
2022-07-31	$0.00B	+0.0%	Q-Est
2022-10-31	$0.00B	+0.0%	Q-Est
2023-01-31	$0.00B	+18.6%	Q-Est
2023-04-30	$0.00B	+0.0%	Q-Est
2023-07-31	$0.00B	+0.0%	Q-Est
2023-10-31	$0.00B	+0.0%	Q-Est
2024-01-31	$0.00B	+2.6%	Q-Est
2024-04-30	$0.00B	+0.0%	Q-Est
2024-07-31	$0.00B	+0.0%	Q-Est
2024-09-30	$0.00B	+0.2%	Q-Est
2024-10-31	$0.00B	-0.2%	Q-Est
2024-12-31	$0.00B	+1.1%	Q-Est
2025-03-31	$0.00B	-2.2%	Q-Est
2025-06-30	$0.00B	+6.4%	Q-Est

FCF vs Stock Based Comp

MBWM generated $0.0B in free cash flow while spending $0.0B on stock-based compensation, representing 6% of FCF.

2021-01-31	$0.02B	$0.00B	Q-Est
2021-04-30	$0.02B	$0.00B	Q-Est
2021-07-31	$0.02B	$0.00B	Q-Est
2021-10-31	$0.02B	$0.00B	Q-Est
2022-01-31	$0.02B	$0.00B	Q-Est
2022-04-30	$0.02B	$0.00B	Q-Est
2022-07-31	$0.02B	$0.00B	Q-Est
2022-10-31	$0.02B	$0.00B	Q-Est
2023-01-31	$0.02B	$0.00B	Q-Est
2023-04-30	$0.02B	$0.00B	Q-Est
2023-07-31	$0.02B	$0.00B	Q-Est
2023-10-31	$0.02B	$0.00B	Q-Est
2024-01-31	$0.02B	$0.00B	Q-Est
2024-04-30	$0.02B	$0.00B	Q-Est
2024-07-31	$0.02B	$0.00B	Q-Est
2024-09-30	$0.02B	$0.00B	Q-Est
2024-10-31	$0.02B	$0.00B	Q-Est
2024-12-31	$0.02B	$0.00B	Q-Est
2025-03-31	$0.02B	$0.00B	Q-Est
2025-06-30	$0.02B	$0.00B	Q-Est

FCF vs FCF / Share

MBWM reported $0.0B in free cash flow, translating to $1.47 per share.

2021-01-31	$0.02B	$0.95	Q-Est
2021-04-30	$0.02B	$0.95	Q-Est
2021-07-31	$0.02B	$0.95	Q-Est
2021-10-31	$0.02B	$0.95	Q-Est
2022-01-31	$0.02B	$0.98	Q-Est
2022-04-30	$0.02B	$0.98	Q-Est
2022-07-31	$0.02B	$0.98	Q-Est
2022-10-31	$0.02B	$0.98	Q-Est
2023-01-31	$0.02B	$1.33	Q-Est
2023-04-30	$0.02B	$1.33	Q-Est
2023-07-31	$0.02B	$1.33	Q-Est
2023-10-31	$0.02B	$1.33	Q-Est
2024-01-31	$0.02B	$1.28	Q-Est
2024-04-30	$0.02B	$1.28	Q-Est
2024-07-31	$0.02B	$1.28	Q-Est
2024-09-30	$0.02B	$1.26	Q-Est
2024-10-31	$0.02B	$1.28	Q-Est
2024-12-31	$0.02B	$1.26	Q-Est
2025-03-31	$0.02B	$1.26	Q-Est
2025-06-30	$0.02B	$1.47	Q-Est

Revenue: Actual + Estimates

This chart tracks MBWM revenue: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.

2024-01-31	$0.06B	Actual	Q-Est
2024-01-31	$0.06B	Estimate	Q-Est
2024-04-30	$0.06B	Actual	Q-Est
2024-04-30	$0.06B	Estimate	Q-Est
2024-07-31	$0.06B	Actual	Q-Est
2024-07-31	$0.06B	Estimate	Q-Est
2024-09-30	$0.06B	Actual	Q
2024-09-30	$0.06B	Estimate	Q
2024-10-31	$0.06B	Actual	Q-Est
2024-10-31	$0.06B	Estimate	Q-Est
2024-12-31	$0.06B	Actual	Q
2024-12-31	$0.06B	Estimate	Q
2025-03-31	$0.06B	Actual	Q
2025-03-31	$0.06B	Estimate	Q
2025-06-30	$0.06B	Actual	Q
2025-06-30	$0.06B	Estimate	Q
2025-09-30	$0.06B	Projection	F
2025-12-30	$0.06B	Projection	F
2026-03-30	$0.06B	Projection	F
2026-06-30	$0.07B	Projection	F

EPS: Actual + Estimates

This chart tracks MBWM eps: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.

2024-01-31	$1.22	Actual	Q-Est
2024-01-31	$1.16	Estimate	Q-Est
2024-04-30	$1.22	Actual	Q-Est
2024-04-30	$1.16	Estimate	Q-Est
2024-07-31	$1.22	Actual	Q-Est
2024-07-31	$1.17	Estimate	Q-Est
2024-09-30	$1.22	Actual	Q-Est
2024-09-30	$1.17	Estimate	Q-Est
2024-10-31	$1.21	Actual	Q
2024-10-31	$1.17	Estimate	Q
2024-12-31	$1.22	Actual	Q-Est
2024-12-31	$1.14	Estimate	Q-Est
2025-03-31	$1.21	Actual	Q
2025-03-31	$1.14	Estimate	Q
2025-06-30	$1.39	Actual	Q
2025-06-30	$1.25	Estimate	Q
2025-09-30	$1.43	Projection	F
2025-12-30	$1.46	Projection	F
2026-03-30	$1.50	Projection	F
2026-06-30	$1.54	Projection	F

Net Income: Actual + Estimates

This chart tracks MBWM net income: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.

2024-01-31	$0.02B	Actual	Q-Est
2024-01-31	$0.02B	Estimate	Q-Est
2024-04-30	$0.02B	Actual	Q-Est
2024-04-30	$0.02B	Estimate	Q-Est
2024-07-31	$0.02B	Actual	Q-Est
2024-07-31	$0.02B	Estimate	Q-Est
2024-09-30	$0.02B	Actual	Q-Est
2024-09-30	$0.02B	Estimate	Q-Est
2024-10-31	$0.02B	Actual	Q
2024-10-31	$0.02B	Estimate	Q
2024-12-31	$0.02B	Actual	Q-Est
2024-12-31	$0.02B	Estimate	Q-Est
2025-03-31	$0.02B	Actual	Q
2025-03-31	$0.02B	Estimate	Q
2025-06-30	$0.02B	Actual	Q
2025-06-30	$0.03B	Estimate	Q
2025-09-30	$0.03B	Projection	F
2025-12-30	$0.03B	Projection	F
2026-03-30	$0.03B	Projection	F
2026-06-30	$0.03B	Projection	F

EBITDA: Actual + Estimates

This chart tracks MBWM ebitda: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.

2024-01-31	$0.02B	Actual	Q-Est
2024-01-31	$0.02B	Estimate	Q-Est
2024-04-30	$0.02B	Actual	Q-Est
2024-04-30	$0.02B	Estimate	Q-Est
2024-07-31	$0.02B	Actual	Q-Est
2024-07-31	$0.02B	Estimate	Q-Est
2024-09-30	$0.02B	Actual	Q
2024-09-30	$0.02B	Estimate	Q
2024-10-31	$0.02B	Actual	Q-Est
2024-10-31	$0.02B	Estimate	Q-Est
2024-12-31	$0.02B	Actual	Q
2024-12-31	$0.02B	Estimate	Q
2025-03-31	$0.02B	Actual	Q
2025-03-31	$0.02B	Estimate	Q
2025-06-30	$0.02B	Actual	Q
2025-06-30	$0.02B	Estimate	Q
2025-09-30	$0.02B	Projection	F
2025-12-30	$0.03B	Projection	F
2026-03-30	$0.03B	Projection	F
2026-06-30	$0.03B	Projection	F

Disclaimer: The information on this page is for educational and entertainment purposes only and does not constitute financial advice. Do your own research and consult a qualified financial advisor before making investment decisions. Data sources include Yahoo Finance and other third-party providers and may contain errors or delays.

MBWM – Dividend Returns, History & Calculator

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