49.87 USD
↘ 1.23 (2.41%)AT CLOSE (11:59 AM EDT)
Mercantile Bank Corp
MBWMNASDAQ • USD
49.84
↘ 0.03 (0.06%)
POST MARKET (AS OF 07:59 PM EDT)
Post Market
AS OF 07:59 PM EDT
49.84
↘ 0.03 (0.06%)
Market: CLOSED
Open?$50.95
High?$51.90
Low?$49.60
Prev. Close?$51.10
Volume?89.2K
Avg. Volume?115.2K
VWAP?$49.98
Rel. Volume?0.77x
Bid / Ask
Bid?$19.90 × 200
Ask?$55.10 × 100
Spread?$35.20
Midpoint?$37.50
Valuation & Ratios
Market Cap?861.5M
Shares Out?17.3M
Float?16.7M
Float %?96.9%
P/E Ratio?9.71
P/B Ratio?1.19
EPS?$5.14
Dividend?2.78%
Ex-Dividend?2026-06-05
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 Outlook
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Fundamental Outlook
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Short Interest
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Financial Health
Current Ratio?N/A—
Quick Ratio?N/A—
Cash Ratio?N/A—
Debt/Equity?0.69Moderate
ValuationFAIRLY VALUED
Score78/100
P/E?9.7CHEAP▾
P/B?1.19CHEAP▾
P/S?2.32CHEAP▾
P/FCF?76.9PRICEY▾
EV/EBITDA?12.4FAIR▾
EV/Sales?3.51FAIR▾
Returns & Efficiency
ROE?12.2%STRONG▾
ROA?1.3%WEAK▾
Cash Flow & Enterprise
FCF?$11.2M
Enterprise Value?$1.3B
Fundamentals ratios updated end of day