52.66USD+0.88%Mkt Cap: 909.84M USDP/E: 9.42Last update: 2026-05-26
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 - Regional10.10THUFP/E 9.0
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420.17BNOKP/E 10.5
391.28BSEKP/E 12.3
379.35BSEKP/E 12.6
371.44BSEKP/E 12.4
340.08BTRYP/E 5.4
Indicators:|
Key Statistics
Company
Market Cap909.84M USD
Enterprise Value1.04B USD
Revenue (TTM)252.69M USD
Gross Profit252.69M USD
Net Income (TTM)88.75M USD
Revenue/Share15.32 USD
Last Price52.66 USD
Fiscal Year EndDec 2025
MR QuarterMar 2026
Employees766
CountryUS
SectorFinancial Services
IndustryBanks - Regional
ISIN—
Valuation
P/E (Trailing)9.42
P/E (Forward)8.90
PEG1.63
EV/EBITDA—
EV/Revenue4.10
P/S3.60
P/B1.23
EPS (TTM)5.58
EPS (Forward)5.91
52W Range
42.1777% of range55.77
52W High55.77 USD
52W Low42.17 USD
Profitability
Gross Margin0.00%
Oper. Margin41.00%
EBITDA Margin0.00%
Profit Margin36.58%
ROE12.24%
ROA1.30%
Growth
Revenue Growth25.80%
Earnings Growth9.10%
Cash Flow & Leverage
Operating CF17.97M USD
CapEx (TTM)6.76M USD
FCF Margin—
FCF Yield—
Net Debt127.92M USD
Net Debt/EBITDA—
Balance Sheet
Debt/Equity0.69
Current Ratio—
Quick Ratio—
Book Value/Sh42.66 USD
Cash/Share34.63 USD
Dividends
Fwd Div Rate1.560 USD
Trail. Div Rate1.520 USD
Div. Yield2.97%
5Y Avg Yield3.50%
Payout Ratio27.24%
Ex-Div DateJun 5, 2026
Pay DateJun 17, 2026
Splits
Last Split105:100
Split DateApr 19, 2007
Analyst Consensus
Rating2.3 (Buy)
Target (Mean)59.33 USD
Target Range57.00 USD – 62.00 USD
# Analysts6
Ownership
Shares Out.17.27M
Float16.84M
Insiders3.05%
Institutions69.16%
Short Interest
Short Ratio2.6d
Short % Float1.84%
Short % Out.1.80%
Shares Short310.34K
Short (prev mo.)354.22K
Technical
SMA 5051.27 (+2.7%)
SMA 20048.97 (+7.5%)
Beta0.83
S&P 52W Chg28.31%
Avg Vol (30d)111.35K
Avg Vol (10d)114.42K
Technical Indicators
RSI (14)—
MACD—
MACD Signal—
MACD Hist.—
BB Upper—
BB Middle—
BB Lower—
BB Width—
ATR (14)—
Vol Ratio (20d)—