MBWMMercantile Bank Corporation
59.61USD+0.07%Mkt Cap: 1.03B $P/E: 10.483d 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$134.88BUSDP/E 11.7
$134.68BUSDP/E 11.7
$129.46BUSDP/E 12.2
$128.07BUSDP/E 9.3
$124.89BUSDP/E 14.7
$121.23BUSDP/E 16.5
$107.28BUSDP/E 18.6
$98.01BUSDP/E 15.4
$97.00BUSDP/E 13.4
$96.68BUSDP/E 12.4
$82.75BUSDP/E 13.9
$87.28BUSDP/E 14.0
$82.44BUSDP/E 9.2
$69.72BUSDP/E 9.1
$74.01BUSDP/E 9.2
$66.12BUSDP/E 9.8
$71.06BUSDP/E 10.0
$70.43BUSDP/E 20.0
$63.78BUSDP/E 12.6
$63.89BUSDP/E 12.6
Key Statistics
Company
Market Cap1.03B $
Enterprise Value1.39B $
Revenue (TTM)263.91M $
Gross Profit263.91M $
Net Income (TTM)88.75M $
Revenue/Share15.75 USD
Last Price59.61 USD
Fiscal Year EndDec 2025
MR QuarterJun 2026
Employees827
CountryUS
SectorFinancial Services
IndustryBanks - Regional
ISIN—
Valuation
P/E (Trailing)10.48
P/E (Forward)10.43
PEG1.63
EV/EBITDA—
EV/Revenue5.25
P/S3.92
P/B1.37
EPS (TTM)5.71
EPS (Forward)5.74
52W Range
42.7586% of range62.39
52W High62.39 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 $
CapEx (TTM)6.76M $
FCF Margin—
FCF Yield—
Net Debt351.65M $
Net Debt/EBITDA—
Balance Sheet
Debt/Equity0.69
Current Ratio—
Quick Ratio—
Book Value/Sh43.68 USD
Cash/Share20.70 USD
Dividends
Fwd Div Rate1.560 USD
Trail. Div Rate1.540 USD
Div. Yield2.62%
5Y Avg Yield3.49%
Payout Ratio27.07%
Ex-Div DateSep 4, 2026
Pay DateSep 16, 2026
Splits
Last Split105:100
Split DateApr 19, 2007
Analyst Consensus
Rating—
Target (Mean)63.17 USD
Upside (mean)+6.0%
Target Range60.00 USD – 65.00 USD
$60.00+6.0% to mean$65.00
# Analysts6
Ownership
Shares Out.17.29M
Float16.84M
Insiders3.10%
Institutions70.97%
Short Interest
Short Ratio3.0d
Short % Float2.35%
Short % Out.2.29%
Shares Short396.65K
Short (prev mo.)457.43K
Technical
SMA 5058.12 (+2.6%)
SMA 20052.30 (+14.0%)
Beta0.81
S&P 52W Chg18.16%
Avg Vol (30d)128.59K
Avg Vol (10d)95.12K
Technical Indicators
RSI (14)49.6
MACD0.7684
MACD Signal1.0725
MACD Hist.-0.3041
BB Upper62.84 USD
BB Middle60.38 USD
BB Lower57.91 USD
BB Width8.17%
ATR (14)1.461 USD
Vol Ratio (20d)0.74x