Mercantile Bank Corp.

Mercantile Bank Corp.

MBWM

Get informed when a big investor buys or sells

+ Follow
Market Cap$915.37M
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Mercantile Bank Corp.Mercantile Bank Corp.9.92.87%12%2.81
$118.47

Current Fair Value

125.1% upside

Undervalued by 125.1% based on the discounted cash flow analysis.

Share Statistics

Market cap$915.37 Million
Enterprise Value$1.57 Billion
Dividend Yield$1.52 (2.87%)
Earnings per Share$5.46
Beta0.83
Outstanding Shares17,237,249

Return

Return on Equity12.47%ROE
Return on Assets1.32%
Return on Invested Capital2.55%

Valuation & Multiples

P/E Ratio9.94P/E Ratio
PEG61.68PEG
Price to Sales2.77Price to Sales
Price to Book Ratio1.25Price to Book Ratio
Enterprise Value to Revenue4.78
Enterprise Value to EBIT9.16
Enterprise Value to Net Income17
Total Debt to Enterprise0.45
Debt to Equity0.95Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
April 28, 2026
EPS Estimate
$1.29
Average shareholder expectation
Revenue Estimate
$67.41 M
Average shareholder expectation

Next Earnings Call

Expected Date
July 21, 2026
EPS Estimate
$1.34
Average shareholder expectation
Revenue Estimate
$68.79 M
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio0.00000%
Total Calls-
Total Puts-

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %67.82%▲ 1.56%
Total Invested$590.29M▲ 13.89%
Investors Holding198▲ 6.00%

ESG Score

No data

About Mercantile Bank Corp.

CEO: Robert Kaminski