MBWM Mercantile Bank Corporation
58.03USD-1.36%Mkt Cap: 1.00B $P/E: 10.201d ago
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 com…
Industry Peers
Banks - Regional$131.95BUSDP/E 11.5
$127.39BUSDP/E 11.1
$130.35BUSDP/E 14.8
$117.85BUSDP/E 11.2
$113.79BUSDP/E 14.3
$108.89BUSDP/E 8.1
$100.00BUSDP/E 16.3
$89.98BUSDP/E 13.9
$89.39BUSDP/E 9.9
$87.52BUSDP/E 11.2
$86.86BUSDP/E 12.0
$77.54BUSDP/E 12.6
$75.26BUSDP/E 21.3
$68.34BUSDP/E 8.6
$63.86BUSDP/E 12.8
$63.27BUSDP/E 12.4
$62.07BUSDP/E 12.2
$63.04BUSDP/E 8.8
$60.98BUSDP/E 9.1
$55.96BUSDP/E 8.8
Key Statistics
Company
Market Cap1.00B USD
Enterprise Value1.37B USD
Revenue (TTM)263.91M USD
Gross Profit263.91M USD
Net Income (TTM)88.75M USD
Revenue/Share15.75 USD
Last Price58.03 USD
Fiscal Year EndDec 2025
MR QuarterJun 2026
Employees827
CountryUS
SectorFinancial Services
IndustryBanks - Regional
ISIN—
Valuation
P/E (Trailing)10.20
P/E (Forward)10.22
PEG1.63
EV/EBITDA—
EV/Revenue5.19
P/S3.85
P/B1.35
EPS (TTM)5.69
EPS (Forward)5.75
52W Range
42.7576% of range62.95
52W High62.95 USD
52W Low42.75 USD
Profitability
Gross Margin0.00%
Oper. Margin45.55%
EBITDA Margin0.00%
Profit Margin36.58%
ROE12.24%
ROA1.30%
Growth
Revenue Growth18.90%
Earnings Growth7.90%
Cash Flow & Leverage
Operating CF17.97M USD
CapEx (TTM)6.76M USD
FCF Margin—
FCF Yield—
Net Debt351.68M USD
Net Debt/EBITDA—
Balance Sheet
Debt/Equity0.69
Current Ratio—
Quick Ratio—
Book Value/Sh43.68 USD
Cash/Share20.70 USD
Dividends
Fwd Div Rate1.56 USD
Trail. Div Rate1.54 USD
Div. Yield2.65%
5Y Avg Yield3.35%
Payout Ratio27.07%
Ex-Div DateSep 4, 2026
Pay DateSep 16, 2026
Splits
Last Split105:100
Split DateApr 19, 2007
Analyst Consensus
Rating2.7 (Hold)
Strong BuyBuyHoldSellStr. Sell
Target (Mean)63.17 USD
Upside (mean)+8.9%
Target Range60.00 USD – 65.00 USD
60.00+8.9% to mean65.00
# Analysts6
Ownership
Shares Out.17.29M
Float16.84M
Insiders3.10%
Institutions71.01%
Short Interest
Short Ratio6.0d
Short % Float3.53%
Short % Out.3.45%
Shares Short595.57K
Short (prev mo.)444.39K
Technical
SMA 5060.32 (-3.8%)
SMA 20054.49 (+6.5%)
Beta0.84
S&P 52W Chg16.45%
Avg Vol (30d)107.07K
Avg Vol (10d)102.53K
Technical Indicators
RSI (14)40.2
MACD-0.4315
MACD Signal-0.2630
MACD Hist.-0.1685
BB Upper61.98 USD
BB Middle59.75 USD
BB Lower57.52 USD
BB Width7.46%
ATR (14)1.292 USD
Vol Ratio (20d)1.02x