Mercantile Bank Corporation (MBWM) Q2 2026 Earnings Call Transcript
Mercantile Bank Corporation (MBWM) Q2 2026 Earnings Call Transcript
Seeking Alpha7/21/2026Neutral
MBWM
Mercantile Bank CorporationNASDAQFINANCIAL SERVICESBANKS - REGIONAL
Key Statistics
Market Cap
$1.04B
P/E Ratio
10.31
EPS
$5.85
Beta
0.81
52W High
$60.74
52W Low
$41.78
50-Day MA
$55.20
200-Day MA
$50.92
Dividend Yield
2.63%
Profit Margin
36.10%
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) | $263.91M |
| Gross Profit (TTM) | $263.91M |
| EBITDA | — |
| Operating Margin | 46.30% |
| Return on Equity | 13.70% |
| Return on Assets | 1.47% |
| Revenue/Share (TTM) | $15.75 |
| Book Value | $43.68 |
| Price-to-Book | 1.34 |
| Price-to-Sales (TTM) | 3.95 |
| EV/Revenue | 5.7 |
| EV/EBITDA | — |
| Quarterly Earnings Growth (YoY) | 7.90% |
| Quarterly Revenue Growth (YoY) | 18.90% |
| Shares Outstanding | $17.29M |
| Float | $16.84M |
| % Insiders | 3.10% |
| % Institutions | 69.23% |
Historical Volatility
HV 10-Day
33.78%
HV 20-Day
28.37%
HV 30-Day
26.58%
HV 60-Day
25.72%
HV Rank
61.9%
Volatility is currently expanding
Analyst Ratings
Consensus ($63.17 target)
2
Strong Buy1
Buy3
HoldLatest News
Mercantile Bank Q2 Earnings Call Highlights
Mercantile Bank NASDAQ: MBWM reported higher second-quarter earnings and said its year-end 2025 acquisition of Eastern Michigan contributed to stronger deposits, improved liquidity and a stable net interest margin.
MarketBeat7/21/2026Positive
Compared to Estimates, Mercantile Bank (MBWM) Q2 Earnings: A Look at Key Metrics
While the top- and bottom-line numbers for Mercantile Bank (MBWM) give a sense of how the business performed in the quarter ended June 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Zacks Investment Research7/21/2026Neutral
Mercantile Bank (MBWM) Surpasses Q2 Earnings Estimates
Mercantile Bank (MBWM) came out with quarterly earnings of $1.53 per share, beating the Zacks Consensus Estimate of $1.34 per share. This compares to earnings of $1.39 per share a year ago.
Zacks Investment Research7/21/2026Positive
Mercantile Bank Corporation Announces Strong Second Quarter 2026 Results
Net interest income expansion, strong commercial loan growth, and sustained strength in asset quality metrics and capital levels highlight the quarter GRAND RAPIDS, Mich., July 21, 2026 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") reported net income of $25.9 million, or $1.50 per diluted share, for the second quarter of 2026, compared with net income of $22.6 million, or $1.39 per diluted share, for the second quarter of 2025.
PRNewsWire7/21/2026Neutral
Mercantile Bank Corporation Increases Regular Cash Dividend
Board of Directors declares $0.40 regular quarterly cash dividend on common stock, resulting in a current annual yield of approximately 2.8% percent GRAND RAPIDS, Mich., July 21, 2026 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") announced today that on July 16, 2026, its Board of Directors declared a regular quarterly cash dividend of $0.40 per common share, payable on September 16, 2026, to holders of record as of September 4, 2026.
PRNewsWire7/21/2026Neutral
Earnings Preview: Mercantile Bank (MBWM) Q2 Earnings Expected to Decline
Mercantile Bank (MBWM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Zacks Investment Research7/14/2026Negative
Mercantile Bank Corporation Announces Second Quarter 2026 Results Conference Call and Webcast
GRAND RAPIDS, Mich., June 30, 2026 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) will host a conference call and webcast at 10 a.m.
PRNewsWire6/30/2026Neutral
Mercantile Bank Corporation (MBWM) Shareholder/Analyst Call Prepared Remarks Transcript
Mercantile Bank Corporation (MBWM) Shareholder/Analyst Call Prepared Remarks Transcript
Seeking Alpha5/21/2026Neutral
Mercantile Bank Corporation (MBWM) Q1 2026 Earnings Call Transcript
Mercantile Bank Corporation (MBWM) Q1 2026 Earnings Call Transcript
Seeking Alpha4/21/2026Neutral
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Data last updated: 7/29/2026