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Mercantile Bank Corp MBWM

Morningstar Rating
$50.05 +2.09 (4.35%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

MBWM is trading at a 884% premium.
Price
$47.84
Fair Value
$47.48
Uncertainty
High
1-Star Price
$62.37
5-Star Price
$54.33
Economic Moat
Gpcq
Capital Allocation
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News

Trading Information

Previous Close Price
$47.96
Day Range
$48.1950.74
52-Week Range
$30.1250.75
Bid/Ask
$49.64 / $50.04
Market Cap
$807.66 Mil
Volume/Avg
29,544 / 66,488

Key Statistics

Price/Earnings (Normalized)
9.29
Price/Sales
3.35
Dividend Yield (Trailing)
2.88%
Dividend Yield (Forward)
3.00%
Total Yield
2.88%

Company Profile

Mercantile Bank Corp operates as a bank holding company. It provides a variety of commercial banking services to individuals, businesses, governmental units, and other institutions. It provides banking services offering deposit products including checking, savings, and term certificate accounts, and lending products including commercial, residential mortgage, and installment loans. The company generates revenue from interest and dividends earned on loans, securities, and other financial instruments.
Sector
Financial Services
Industry
Banks - Regional
Stock Style Box
Small Value
Total Number of Employees
665

Comparables

Valuation

Metric
MBWM
SYBT
FNLC
Price/Earnings (Normalized)
9.2917.2711.55
Price/Book Value
1.402.021.27
Price/Sales
3.355.423.99
Price/Cash Flow
8.4813.289.78
Price/Earnings
MBWM
SYBT
FNLC

Financial Strength

Metric
MBWM
SYBT
FNLC
Quick Ratio
Current Ratio
Interest Coverage
Quick Ratio
No chart available

Profitability

Metric
MBWM
SYBT
FNLC
Return on Assets (Normalized)
1.64%1.36%0.97%
Return on Equity (Normalized)
17.18%13.03%12.07%
Return on Invested Capital (Normalized)
Return on Assets
MBWM
SYBT
FNLC
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Banks - Regional Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
BNP Paribas ADR
BNPQY
TyqxhjvqYkfd$78.6 Bil
Intesa Sanpaolo ADR
ISNPY
NmbjqkbzdVzmf$72.8 Bil
PNC Financial Services Group Inc
PNC
XlxtcxdlpCwfjbn$70.5 Bil
U.S. Bancorp
USB
FggvncpbbcCvg$69.9 Bil
Truist Financial Corp
TFC
DftwszpYvhss$58.4 Bil
Itau Unibanco Holding SA ADR
ITUB
GwvcyrkxXnkk$55.5 Bil
Mizuho Financial Group Inc ADR
MFG
XxqbjggYbq$55.4 Bil
Lloyds Banking Group PLC ADR
LYG
SqnnpqbjDkztqfg$47.9 Bil
NatWest Group PLC ADR
NWG
YykvnqsdXhbwd$36.1 Bil
Deutsche Bank AG
DB
BqsvnMjtr$30.4 Bil

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