MBWM
Mercantile Bank CorporationNASDAQFINANCIAL SERVICESBANKS - REGIONAL
Key Statistics
Market Cap
$882.38M
P/E Ratio
9.32
EPS
$5.48
Beta
0.83
52W High
$55.35
52W Low
$41.20
50-Day MA
$51.36
200-Day MA
$48.68
Dividend Yield
2.93%
Profit Margin
36.40%
Forward P/E
10.31
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 | 1.22 |
| Price-to-Sales (TTM) | 3.49 |
| EV/Revenue | 5.46 |
| 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 | 63.33% |
Historical Volatility
HV 10-Day
29.15%
HV 20-Day
25.94%
HV 30-Day
24.55%
HV 60-Day
23.04%
HV Rank
27.0%
Volatility is currently expanding
Analyst Ratings
Consensus ($59.33 target)
2
Strong Buy1
Buy3
HoldMore FINANCIAL SERVICES Stocks
Data last updated: 5/5/2026