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.
News
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Mercantile Bank Corporation Announces Solid First Quarter 2026 Results
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Mercantile Bank Corporation Declares Regular Cash Dividend
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Mercantile Bank Corporation Announces First Quarter 2026 Results Conference Call and Webcast
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Mercantile Bank Corporation Named Crain's Grand Rapids Business M&A Deal of the Year in Finance and Banking
Trading Information
- Previous Close Price
- $52.74
- Day Range
- $52.60–53.70
- 52-Week Range
- $42.17–55.77
- Bid/Ask
- $53.02 / $53.15
- Shares Outstanding
- 17.27M
- Market Cap
- $916.06M
- Volume/Avg
- 162,539 / 115,509
Key Statistics
- Price/Earnings (Normalized)
- 9.32
- Price/Sales
- 3.44
- Dividend Yield (Trailing)
- 2.92%
- Dividend Yield (Forward)
- 2.96%
- Total Yield
- 2.92%
Company Profile
Mercantile Bank Corp operates as a bank holding company. It offers various commercial banking services to individuals, businesses, governmental units, and other institutions. These services include deposit products such as checking, savings, and term certificate accounts and lending products such as 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
- 786
- Website
- https://www.mercbank.com
Valuation
|
Metric
|
MBWM
|
|---|---|
Price/Earnings (Normalized) | 9.32 |
Price/Book Value | 1.24 |
Price/Sales | 3.44 |
Price/Cash Flow | 9.34 |
Price/Earnings
MBWM
Financial Strength
|
Metric
|
MBWM
|
|---|---|
Quick Ratio | — |
Current Ratio | — |
Interest Coverage | — |
Quick Ratio
No chart available
Profitability
|
Metric
|
MBWM
|
|---|---|
Return on Assets (Normalized) | 1.50% |
Return on Equity (Normalized) | 14.43% |
Return on Invested Capital (Normalized) | — |
Return on Assets
MBWM
Banks - Regional Industry Comparables
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1-Day Chart
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United States