61.25 USD
↗ 0.14 (0.23%)AT CLOSE (03:59 PM EST)
Mercantile Bank Corp
MBWMNASDAQ • USD
61.26
↗ 0.01 (0.02%)
POST MARKET (AS OF 04:14 PM EST)
Post Market
AS OF 04:14 PM EST
61.26
↗ 0.01 (0.02%)
Market: CLOSED
MBWM is currently priced at $61.25. MBWM shows a split signal: technical indicators suggest "Strong Buy" while underlying fundamentals indicate "Sell". Notable factors include a weak Piotroski F-Score of 0/9, a bullish Golden Cross on the moving averages and bullish moving average alignment. The stock looks compelling on valuation, with multiples below sector averages across P/E, P/B, and EV/EBITDA.
Technical & fundamental data as of Nov 13, 2026.
Open?$61.29
High?$61.50
Low?$61.08
Prev. Close?$61.11
Volume?153.0K
Avg. Volume?120.3K
VWAP?$61.25
Rel. Volume?1.27x
Bid / Ask
Bid?$24.53 × 200
Ask?$98.11 × 200
Spread?$73.58
Midpoint?$61.32
Valuation & Ratios
Market Cap?1.1B
Shares Out?17.3M
Float?16.8M
Float %?96.9%
P/E Ratio?11.09
P/B Ratio?1.42
EPS?$5.53
Dividend?2.47%
Ex-Dividend?2026-12-04
News
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.
Address
310 LEONARD STREET NW
GRAND RAPIDS, MI 49504
Phone: 616 406-3000
GRAND RAPIDS, MI 49504
Phone: 616 406-3000
Technical OutlookStrong Buy
Strong SellNeutralStrong Buy
Long-Term (Tide)?▲ Bullish(+3/3)
Medium-Term (Wave)?▲ Bullish(+3/3)
Short-Term (Ripple)?▲ Bullish(+1/3)
MA Alignment?Golden Alignment
Full Technical Analysis →Fundamental OutlookSell
Strong SellNeutralStrong Buy
F-Score?3
Z-Score?50
Momentum?45
Short Sent.?74
Piotroski F-Score?0/9Weak
Confidence?51%Low
Short InterestModerate
Short % of Float?3.18%Low
Short Interest?533.2K
Days to Cover?4.2
Free Float16.8M
Avg Daily Volume125.6K
Settlement Date2026-10-30
Financial Health
Current Ratio?N/A—
Quick Ratio?N/A—
Cash Ratio?N/A—
Debt/Equity?0.63Moderate
ValuationATTRACTIVELY VALUEDvs 10 peers + S&P 500
Score89/100
P/E?11.1CHEAP▾
Peers82
S&P93
P/B?1.42CHEAP▾
Peers18
S&P89
P/S?2.71CHEAP▾
Peers36
S&P54
P/FCF?11.4CHEAP▾
Peers55
S&P85
EV/EBITDA?12.8FAIR▾
Peers27
S&P63
EV/Sales?3.76FAIR▾
Peers18
S&P50
Returns & Efficiency
ROE?12.8%STRONG▾
Peers91
S&P47
ROA?1.3%WEAK▾
Peers73
S&P14
Cash Flow & Enterprise
FCF?$93.3M
Enterprise Value?$1.5B
Fundamentals ratios updated end of day