Wolverine Bancorp

Focused on community banking since 1933, Wolverine Bank became the first Federal Savings and Loan Association chartered in the state of Michigan. Our founders were comprised of local residents and business leaders who, in a time when banks were not lending, met the needs of their community by providing the capital to fund the development of the private housing sector. Wolverine Bank remains a strong community-based bank, serving businesses and consumers throughout the state of Michigan. Our flexibility and exceptional service have made us a trusted financial partner. Our decision makers are local and know our communities, enabling us to offer you the products and services you want and need.
Company Growth (employees)
Type
Public
HQ
Midland, US
Founded
1933
Size (employees)
40 (est)
Wolverine Bancorp was founded in 1933 and is headquartered in Midland, US

Wolverine Bancorp Office Locations

Wolverine Bancorp has offices in Midland, Frankenmuth and Troy
Midland, US (HQ)
5710 Eastman Ave
Frankenmuth, US
464 N Main St
Midland, US
118 Ashman St
Troy, US
102 200 E Big Beaver Rd

Wolverine Bancorp Financials and Metrics

Wolverine Bancorp Financials

Wolverine Bancorp's revenue was reported to be $17.9 m in FY, 2016
USD

Revenue (Q2, 2017)

4.6 m

Gross profit (Q2, 2017)

3.7 m

Gross profit margin (Q2, 2017), %

80%

EBIT (Q2, 2017)

4.8 m

Market capitalization (16-Oct-2017)

87 m

Cash (30-Jun-2017)

62.1 m

EV

66.9 m
Wolverine Bancorp's current market capitalization is $87 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

13.4 m14.6 m15.6 m17.9 m

Revenue growth, %

9%7%14%

Cost of goods sold

3.2 m3.1 m3.5 m3.9 m

Gross profit

10.2 m11.5 m12.2 m14 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

3.7 m3.6 m4 m4.1 m4 m4.4 m4.3 m4.4 m4.8 m4.3 m4.6 m

Cost of goods sold

799 k721 k801 k817 k879 k853 k967 k973 k971 k990 k939 k

Gross profit

2.9 m2.9 m3.2 m3.2 m3.2 m3.5 m3.4 m3.5 m3.8 m3.3 m3.7 m

Gross profit Margin, %

79%80%80%80%78%81%78%78%80%77%80%
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

26.2 m29.7 m52.9 m103.6 m

Accounts Receivable

699 k777 k967 k

PP&E

1.6 m1.4 m1.3 m1.1 m

Total Assets

297.8 m336.6 m417.8 m434.4 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

40.6 m25.1 m38.2 m32.9 m54.8 m40.5 m11.6 m12.2 m19.3 m42.9 m54.2 m62.1 m

PP&E

1.5 m1.5 m1.5 m1.4 m1.3 m1.3 m1.3 m1.2 m1.2 m1.2 m1.1 m1.1 m

Total Assets

291.4 m313.7 m337.8 m338.7 m353.2 m357.9 m343.9 m385.9 m378.8 m369.1 m379.3 m385.9 m

Accounts Payable

164.1 m198.6 m221.2 m220.5 m229.6 m235.5 m231.1 m274.4 m264.5 m255.6 m271.1 m262.7 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

1.6 m2.7 m3.2 m4.4 m

Depreciation and Amortization

221 k252 k232 k223 k

Cash From Operating Activities

4.9 m3 m5.5 m5.8 m

Cash From Investing Activities

(5.5 m)(36.1 m)(58.7 m)33.8 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

739 k1.5 m

Depreciation and Amortization

61 k118 k

Accounts Receivable

817 k844 k831 k929 k911 k853 k839 k

Cash From Operating Activities

1.6 m3 m
Y, 2017

EV/EBIT

13.8 x

Financial Leverage

6.2 x
Show all financial metrics

Wolverine Bancorp Market Value History

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Wolverine Bancorp Company Life and Culture

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