Mercantile Bank Corp MBWM
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.
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News
Trading Information
- Previous Close Price
- $36.52
- Day Range
- $36.29–37.13
- 52-Week Range
- $23.90–41.99
- Bid/Ask
- $36.95 / $37.18
- Market Cap
- $596.68 Mil
- Volume/Avg
- 15,486 / 79,009
Key Statistics
- Price/Earnings (Normalized)
- 7.01
- Price/Sales
- 2.56
- Dividend Yield (Trailing)
- 3.73%
- Dividend Yield (Forward)
- 3.84%
- Total Yield
- 3.73%
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
- Website
- https://www.mercbank.com
Comparables
Valuation
|
Metric
|
MBWM
|
FNLC
|
CATC
|
|---|---|---|---|
Price/Earnings (Normalized) | 7.01 | 8.82 | 12.29 |
Price/Book Value | 1.11 | 1.05 | 0.92 |
Price/Sales | 2.56 | 3.25 | 3.03 |
Price/Cash Flow | 6.65 | 7.68 | 12.23 |
Price/Earnings
MBWM
FNLC
CATC
Financial Strength
|
Metric
|
MBWM
|
FNLC
|
CATC
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | — | — | — |
Quick Ratio
No chart available
Profitability
|
Metric
|
MBWM
|
FNLC
|
CATC
|
|---|---|---|---|
Return on Assets (Normalized) | 1.67% | 1.06% | 0.73% |
Return on Equity (Normalized) | 17.83% | 13.04% | 7.63% |
Return on Invested Capital (Normalized) | — | — | — |
Return on Assets
MBWM
FNLC
CATC
Banks - Regional Industry Comparables
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Ticker
|
Name
|
Morningstar Rating for Stocks
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Capital Allocation
|
Economic Moat
|
Market Cap
|
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