MBWM
Mercantile Bank CorporationNASDAQFINANCIAL SERVICESBANKS - REGIONAL
Key Statistics
Market Cap
$897.58M
P/E Ratio
9.31
EPS
$5.58
Beta
0.87
52W High
$55.35
52W Low
$40.91
50-Day MA
$51.42
200-Day MA
$48.67
Dividend Yield
2.96%
Profit Margin
36.40%
Forward P/E
10.87
PEG Ratio
1.63
About Mercantile Bank Corporation
Mercantile Bank Corporation is the banking holding company for Mercantile Bank of Michigan providing commercial and retail banking services for small and medium-sized businesses and individuals in the United States. The company is headquartered in Grand Rapids, Michigan.
Fundamentals
| Revenue (TTM) | $252.69M |
| Gross Profit (TTM) | $252.69M |
| EBITDA | — |
| Operating Margin | 41.00% |
| Return on Equity | 13.70% |
| Return on Assets | 1.40% |
| Revenue/Share (TTM) | $15.32 |
| Book Value | $42.66 |
| Price-to-Book | 1.20 |
| Price-to-Sales (TTM) | 3.55 |
| EV/Revenue | 5.41 |
| EV/EBITDA | — |
| Quarterly Earnings Growth (YoY) | 9.10% |
| Quarterly Revenue Growth (YoY) | 25.80% |
| Shares Outstanding | $17.27M |
| Float | $16.84M |
| % Insiders | 3.05% |
| % Institutions | 63.38% |
Historical Volatility
HV 10-Day
31.14%
HV 20-Day
24.94%
HV 30-Day
26.02%
HV 60-Day
23.00%
HV Rank
46.4%
Volatility is currently expanding
Analyst Ratings
Consensus ($59.33 target)
2
Strong Buy1
Buy3
HoldMore FINANCIAL SERVICES Stocks
Data last updated: 5/2/2026