MERCANTILE BANK CORP (MBWM) Stock Price, Forecast & Analysis
NASDAQ:MBWM • US5873761044
MBWM Key Statistics, Chart & Performance
The current stock price of MBWM is 53.78 USD. In the past month the price increased by 8.17%. In the past year, price increased by 10.59%.
MBWM Technical Analysis
ChartMill assigns a technical rating of 8 / 10 to MBWM. When comparing the yearly performance of all stocks, MBWM is one of the better performing stocks in the market, outperforming 74.57% of all stocks.
MBWM Fundamental Analysis
ChartMill assigns a fundamental rating of 4 / 10 to MBWM. While MBWM is still in line with the averages on profitability rating, there are concerns on its financial health.
MBWM Financial Highlights
Over the last trailing twelve months MBWM reported a non-GAAP Earnings per Share(EPS) of 5.46. The EPS increased by 10.3% compared to the year before.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | 35.77% | ||
| ROA | 1.36% | ||
| ROE | 13.01% | ||
| Debt/Equity | 0.6 |
MBWM Forecast & Estimates
11 analysts have analysed MBWM and the average price target is 58.14 USD. This implies a price increase of 8.11% is expected in the next year compared to the current price of 53.78.
For the next year, analysts expect an EPS growth of 5.15% and a revenue growth 15.91% for MBWM
MBWM Ownership
MBWM Competitors/Peers
| Symbol | Company Name | Technical Rating | Fundamental Rating | FPE | Market Cap |
|---|---|---|---|---|---|
| TFC | TRUIST FINANCIAL CORP | 11.46 | 66.61B | ||
| HBANL | HUNTINGTON BANCSHARES - HBAN 6 7/8 PERP | 15.42 | 39.918B | ||
| BBT | BEACON FINANCIAL CORP | 8.37 | 39.017B | ||
| HBANM | HUNTINGTON BANCSHARES - HBAN 5.7 PERP | 13.96 | 36.129B | ||
| MTB | M & T BANK CORP | 12.19 | 35.564B | ||
| CFG | CITIZENS FINANCIAL GROUP | 12.52 | 27.822B | ||
| HBANP | HUNTINGTON BANCSHARES - HBAN 4 1/2 PERP | 10.7 | 27.702B | ||
| HBAN | HUNTINGTON BANCSHARES INC | 10.52 | 27.246B | ||
| RF | REGIONS FINANCIAL CORP | 11.11 | 26.113B | ||
| EWBC | EAST WEST BANCORP INC | 11.22 | 16.131B |
Related stock screener links
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About MBWM
Company Profile
Mercantile Bank Corp. operates as a bank holding company for Mercantile Bank of Michigan. The company is headquartered in Grand Rapids, Michigan and currently employs 770 full-time employees. Mercantile Bank and Eastern Michigan Bank provide financial products and services in a professional and personalized manner designed to make banking easier for businesses, individuals, and governmental units. Eastern Michigan Bank operates over 12 branches across three counties, offering a full range of personal and business banking services. Eastern Michigan Bank’s personal services include personal checking, personal savings, youth and young adults, CDs and IRAs, online and mobile banking, 24-hour telephone banking, debit cards, personal credit cards, additional services, and Zelle. Eastern Michigan Bank’s loans include vehicle and personal loans, home equity loans and lines, student loans (opens in a new window), business loans, and agricultural loans. Eastern Michigan Bank’s business services include business checking, business savings, business credit cards, and others.
Company Info
MERCANTILE BANK CORP
310 Leonard St NW
Grand Rapids MICHIGAN 49504 US
CEO: Robert B. Kaminski
Employees: 662
Phone: 16164063000
MERCANTILE BANK CORP / MBWM FAQ
Can you describe the business of MERCANTILE BANK CORP?
Mercantile Bank Corp. operates as a bank holding company for Mercantile Bank of Michigan. The company is headquartered in Grand Rapids, Michigan and currently employs 770 full-time employees. Mercantile Bank and Eastern Michigan Bank provide financial products and services in a professional and personalized manner designed to make banking easier for businesses, individuals, and governmental units. Eastern Michigan Bank operates over 12 branches across three counties, offering a full range of personal and business banking services. Eastern Michigan Bank’s personal services include personal checking, personal savings, youth and young adults, CDs and IRAs, online and mobile banking, 24-hour telephone banking, debit cards, personal credit cards, additional services, and Zelle. Eastern Michigan Bank’s loans include vehicle and personal loans, home equity loans and lines, student loans (opens in a new window), business loans, and agricultural loans. Eastern Michigan Bank’s business services include business checking, business savings, business credit cards, and others.
What is the stock price of MERCANTILE BANK CORP today?
The current stock price of MBWM is 53.78 USD. The price increased by 0.09% in the last trading session.
What is the dividend status of MERCANTILE BANK CORP?
MERCANTILE BANK CORP (MBWM) has a dividend yield of 2.84%. The yearly dividend amount is currently 1.39.
What is the ChartMill rating of MERCANTILE BANK CORP stock?
MBWM has a ChartMill Technical rating of 8 out of 10 and a ChartMill Fundamental rating of 4 out of 10.
What do analysts say about MERCANTILE BANK CORP (MBWM) stock?
11 analysts have analysed MBWM and the average price target is 58.14 USD. This implies a price increase of 8.11% is expected in the next year compared to the current price of 53.78.
When is the next dividend date for MERCANTILE BANK CORP (MBWM)?
The next ex-dividend date for MERCANTILE BANK CORP (MBWM) is March 6, 2026.
Can you provide the growth outlook for MERCANTILE BANK CORP?
The Revenue of MERCANTILE BANK CORP (MBWM) is expected to grow by 15.91% in the next year. Check the estimates tab for more information on the EPS, Sales, EBIT and EBITDA future analyst estimates.