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Mercantile Bank Corp MBWM Stock Quote

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  • Last Close 30.91
  • Sector Financial Services
  • Industry Banks - Regional
  • Investment Style Small Value
  • Day Range 30.38  –  30.91
  • Year Range 23.89  –  36.73
  • Market Cap 489.6769 Mil
  • Volume / Avg 2,423.0 /  39,250.6
  • Price / Sales 2.25
  • Price / Book 1.03
  • Forward Div Yield 4.77%
  • Trailing Div Yield 4.32%

Morningstar‘s Stock Analysis MBWM

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Is it the right time to buy or sell?

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5-Star Price


Economic Moat


About Quantitative Ratings

Morningstar Quantitative ratings for equities (denoted on this page by) are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies withratings 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. Click here for more on how to use these ratings.

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Key Statistics MBWM

Company Profile MBWM

Business Description

Mercantile Bank Corp operates as a bank holding company. The bank 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.

310 Leonard Street NW
Grand Rapids, MI, 49504
Industry Banks - Regional
Employees 669

Our Quantitative Research team models direct competitors or comparable companies from a bottom-up perspective to find companies describing their business in a similar fashion.

Mercantile Bank Corp


Randolph Bancorp Inc


River Financial Corp


Guaranty Federal Bancshares Inc

−$0.34 (1.10%) +$1.00 (3.33%)
Market Cap
489.68 Mil206.77 Mil
Banks - Regional Banks - Regional Banks - Regional Banks - Regional
Financial Services
Financial Services
Financial Services
Financial Services

* Trading data in this section is delayed by at least 15 minutes.

FAQs for Mercantile Bank Corp Stock

Yes. MBWM has a forward dividend yield of 4.40%. See MBWM’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

MBWM’s market cap is 489.68 Mil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

MBWM’s stock style is Small Value.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

MBWM’s price/sales is 2.25.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

MBWM’s price/forward earnings is 6.23.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

MBWM’s price/book is 1.03.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See MBWM’s valuation ratios compared to the Market Index.

MBWM’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare MBWM’s historical performance against its industry peers and the overall market.