Wolverine Bancorp is a savings and loan holding company. It is engaged in providing financial services primarily to individuals, families and businesses in different regions. The Company's business consists of taking deposits from the general public and investing those deposits, together with funds generated from operations and borrowings, in commercial real estate loans, including multi-family loans and land loans, one- to four-family residential mortgage loans, and home equity loans and lines of credit. It offers alternative banking delivery systems, including automated teller machines, remote deposit capture, telephone banking and mobile banking delivery systems.
Type
Public
HQ
Midland, US
Founded
1933
Size (employees)
40 (est)
Wolverine Bancorp was founded in 1933 and is headquartered in Midland, US
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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
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Wolverine Bancorp Financials and Metrics

Wolverine Bancorp Financials

Wolverine Bancorp's revenue was reported to be $17.88 m in FY, 2016 which is a 14.5% increase from the previous period.
USD

Revenue (Q2, 2017)

4.6 m

Gross profit (Q2, 2017)

3.7 m

Gross profit margin (Q2, 2017), %

79.7%

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.
Annual
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
Quarterly
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%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

26.2 m29.7 m52.9 m103.6 m

Accounts Receivable

699 k777 k967 k

Inventories

PP&E

1.6 m1.4 m1.3 m1.1 m
Quarterly
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
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

1.6 m2.7 m3.2 m4.4 m

Depreciation and Amortization

221 k252 k232 k223 k

Inventories

Accounts Payable

Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

739 k1.5 m

Depreciation and Amortization

61 k118 k

Cash From Operating Activities

1.6 m3 m

Cash From Investing Activities

(9.8 m)
USDY, 2017

EV/EBIT

13.8 x

Revenue/Employee

115.8 k

Financial Leverage

6.2 x
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