Picture of Mercantile Bank logo

MBWM Mercantile Bank Share Price

0.000.00%
us flag iconLast trade - 00:00
FinancialsBalancedMid CapSuper Stock

Momentum

Relative Strength (%)
1m-11.68%
3m-4.19%
6m-20.54%
1yr-2.92%
Volume Change (%)
10d/3m-34.42%
Price vs... (%)
52w High-15.7%
50d MA-3.45%
200d MA-0.52%

Growth & Value

12m Forecast RollingIndustryMarket
PE Ratio (f)7.84
PEG Ratio (f)n/a
EPS Growth (f)-7.66%
Dividend Yield (f)3.96%
Valuation (ttm)IndustryMarket
Price to Book Value1.08
Price to Tang. Book1.19
Price to Free Cashflow7
Price to Sales2.55
EV to EBITDA79.93

Shareholder Activity

TypeBuy / Hold / Sell
Institutions
Directors
Community

Guru Screens

Quality

NameIndustryMarket
Return on Capital1.89%
Return on Equity16.49%
Operating Margin45.3%

Financial Summary

Year End 31st DecUnit201920202021202220232024E2025ECAGR / Avg
Total Revenue$m151.49167.42180.28190.32225.69226.95227.6610.16%
Operating Profitm
Net Profitm
EPS Reported
Diluted Normalised EPS
EPS Growth%+19.13+13.04+12.68+2.26+31.57-7.68-7.63n/a
PE Ratiox
PEG
Profitability
Operating Margin%
ROA%
ROCE%
ROE%
Cashflow
Op. Cashflow ps
Capex ps
Free Cashflow ps
Dividends
Dividend ps
Dividend Growth%
Dividend Yield%
Dividend Coverx
Balance Sheet
Cash etcm
Working Capitalm
NFAm
Net Debtm
Book Valuem
Diluted Weighted Average Sharesm
Book Value ps

Health Trend(F-Score)

12345678910

Bankruptcy Score(Z-Score)

Distress
Cautious
Safe

Earnings Manipulation Risk(M-Score)

Other Ratios

Leverage (ttm)Total- Intang+ Pension
Gross Gearing
Net Gearing
Cash / Assets

Recent History

Latest interim period vs. prior periodIndustryMarket
Sales Growth
EPS Growth
3yr Compound Annual Growth RateIndustryMarket
Sales CAGR
EPS CAGR
DPS CAGR

Graphical History

Revenue
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Net Income
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Normalised EPS
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PE Ratio Range
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Dividend Yield Range
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Analyst Forecasts

Price target
( price)
31st Dec 202431st Dec 2025
Est. Long Term Growth Rate: Net Profit
()
EPS
()
DPS
()
Net Profit
()
EPS
()
DPS
()
Consensus Estimate
1m Change
3m Change

Analyst Consensus

Strong SellSellHoldBuyStrong Buy

EPS 2024 / 2025

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Profile Summary

Mercantile Bank Corporation is the bank holding company for Mercantile Bank (The Bank). The Bank is a state banking company that provides commercial banking services primarily to small- to medium-sized businesses and retail banking services. Its operations are centered around the West and Central portions of Michigan. It also has banking offices located in the metropolitan Detroit, Michigan area, Traverse City, Michigan, Saginaw, Michigan, and Midland, Michigan. It makes secured and unsecured commercial, construction, mortgage and consumer loans, and accepts checking, savings and time deposits. It also enables customers to conduct certain loan and deposit transactions by personal computer and through mobile applications. Its insurance product offerings include private passenger automobiles, homeowners, personal inland marine, boat owners, recreational vehicles, dwelling fire, umbrella policies, small businesses, and life insurance products.

Directors

Last Annual
December 31st, 2023
Last Interim
March 31st, 2024
Incorporated
July 15th, 1997
Public Since
October 24th, 1997
No. of Shareholders
7,000
No. of Employees
631
Sector
Banking Services
Industry
Financials
Exchange
us flag iconNASDAQ Global Select Market
Shares in Issue
16,120,758

MBWM Share Price Performance

Upcoming Events for MBWM

Q2 2024 Mercantile Bank Corp Earnings Release

Q3 2024 Mercantile Bank Corp Earnings Release

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