Mercantile Bank Corporation Logo

Mercantile Bank Corporation (MBWM)

NASDAQ

Currency in USD
58.61
+0.29 (+0.50%)

Closed

Oct 16, 2026

Day's Range

58.58
59.55

52 wk Range

42.75
62.95

Overview - MBWM - Mercantile Bank Corporation

Key Statistics

Valuation

Enterprise Value

1.35B

P/E (Trailing)

‪10.24‬

P/E (Forward)

‪10.14‬

PEG Ratio

‪1.29‬

Price / Sales (TTM)

‪3.81‬

Price / Book

‪1.33‬

Profitability

Profit Margin

‪36.07%‬

Operating Margin

‪45.55%‬

Return on Assets

‪1.46%‬

Return on Equity

‪13.73%‬

Ownership

Shares Outstanding

17.28M

Float

16.83M

Short % of Shares Outstanding

‪3.72%‬

Held by Insiders

‪3.10%‬

Held by Institutions

‪70.98%‬

Price stats

Beta

‪0.84‬

50-Day Avg

‪60.02‬

200-Day Avg

‪54.75‬

Dividends

Payout Ratio

‪27.07%‬

Frequency

Quarterly

Analyst Consensus

Buy

6 analysts

Average price target

‪$ 63.17‬

Shariah Compliance

Not Shariah Compliant

Report Date: Feb 17, 2025

Screened by Zoya using the AAOIFI methodology.

News Teaser - MBWM - Mercantile Bank Corporation

News & Analysis

View all news

Market Cap - MBWM - Mercantile Bank Corporation

Peers - MBWM - Mercantile Bank Corporation

Peer Comparison

Compared with companies in Banks - Regional listed on NASDAQ.

Profile Summary - MBWM - Mercantile Bank Corporation

About

Mercantile Bank Corporation is a bank holding company based in Grand Rapids, Michigan. Through Mercantile Bank and Eastern Michigan Bank, it provides commercial and retail banking services to individuals, small- and medium-sized businesses, and local institutions across the United States. Its offerings include deposit…

SectorFinancial Services
IndustryBanks - Regional
Employees827
Full company profile

The information on this page is provided for general informational purposes only and is not investment advice.

Market data provided by Twelve Data. Shariah compliance data provided by Zoya. Charting by TradingView.

Last updated:

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