Mercantile Accounts Payable from 2010 to 2025

MBWM Stock  USD 44.49  0.88  1.94%   
Mercantile Bank Accounts Payable yearly trend continues to be very stable with very little volatility. Accounts Payable is likely to drop to about 66.9 M. Accounts Payable is the amount Mercantile Bank owes to suppliers or vendors for products or services received but not yet paid for. It represents Mercantile Bank's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
1998-03-31
Previous Quarter
76.6 M
Current Value
106.7 M
Quarterly Volatility
611.1 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Mercantile Bank financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mercantile Bank's main balance sheet or income statement drivers, such as Depreciation And Amortization of 11 M, Interest Expense of 136.9 M or Total Revenue of 337.6 M, as well as many indicators such as Price To Sales Ratio of 4.0, Dividend Yield of 0.0233 or PTB Ratio of 0.46. Mercantile financial statements analysis is a perfect complement when working with Mercantile Bank Valuation or Volatility modules.
  
Check out the analysis of Mercantile Bank Correlation against competitors.
To learn how to invest in Mercantile Stock, please use our How to Invest in Mercantile Bank guide.

Latest Mercantile Bank's Accounts Payable Growth Pattern

Below is the plot of the Accounts Payable of Mercantile Bank over the last few years. An accounting item on the balance sheet that represents Mercantile Bank obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Mercantile Bank are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. It is the amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities. Mercantile Bank's Accounts Payable historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Mercantile Bank's overall financial position and show how it may be relating to other accounts over time.
Accounts Payable10 Years Trend
Pretty Stable
   Accounts Payable   
       Timeline  

Mercantile Accounts Payable Regression Statistics

Arithmetic Mean55,793,332
Geometric Mean25,813,756
Coefficient Of Variation183.03
Mean Deviation55,056,956
Median24,309,000
Standard Deviation102,117,910
Sample Variance10428.1T
Range421.6M
R-Value(0.20)
Mean Square Error10718.2T
R-Squared0.04
Significance0.45
Slope(4,327,165)
Total Sum of Squares156421T

Mercantile Accounts Payable History

202566.9 M
202470.4 M
202278.2 M
202124.6 M
202024.3 M
201922.4 M
201825.2 M

About Mercantile Bank Financial Statements

Mercantile Bank investors utilize fundamental indicators, such as Accounts Payable, to predict how Mercantile Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Accounts Payable70.4 M66.9 M

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When determining whether Mercantile Bank is a strong investment it is important to analyze Mercantile Bank's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Mercantile Bank's future performance. For an informed investment choice regarding Mercantile Stock, refer to the following important reports:
Check out the analysis of Mercantile Bank Correlation against competitors.
To learn how to invest in Mercantile Stock, please use our How to Invest in Mercantile Bank guide.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mercantile Bank. If investors know Mercantile will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mercantile Bank listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.02)
Dividend Share
1.42
Earnings Share
4.93
Revenue Per Share
13.891
Quarterly Revenue Growth
0.034
The market value of Mercantile Bank is measured differently than its book value, which is the value of Mercantile that is recorded on the company's balance sheet. Investors also form their own opinion of Mercantile Bank's value that differs from its market value or its book value, called intrinsic value, which is Mercantile Bank's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mercantile Bank's market value can be influenced by many factors that don't directly affect Mercantile Bank's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mercantile Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mercantile Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mercantile Bank's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.