MERCANTILE BANK CORP (MBWM) Stock Price & Overview

NASDAQ:MBWM • US5873761044

Current stock price

51.23 USD
-0.74 (-1.42%)
Last:

The current stock price of MBWM is 51.23 USD. Today MBWM is down by -1.42%. In the past month the price increased by 3.88%. In the past year, price increased by 19.13%.

MBWM Key Statistics

52-Week Range42.17 - 55.77
Current MBWM stock price positioned within its 52-week range.
1-Month Range49.69 - 55
Current MBWM stock price positioned within its 1-month range.
Market Cap
884.742M
P/E
8.97
Fwd P/E
8.42
EPS (TTM)
5.71
Dividend Yield
3.00%

MBWM Stock Performance

Today
-1.42%
1 Week
+1.05%
1 Month
+3.88%
3 Months
-0.02%
Longer-term
6 Months +18.52%
1 Year +19.13%
2 Years +44.04%
3 Years +85.21%
5 Years +61.00%
10 Years +115.46%

MBWM Stock Chart

MERCANTILE BANK CORP / MBWM Daily stock chart

MBWM Technical Analysis

ChartMill assigns a technical rating of 5 / 10 to MBWM. When comparing the yearly performance of all stocks, MBWM turns out to be only a medium performer in the overall market: it outperformed 59.17% of all stocks.


Chartmill TA Rating
Chartmill Setup Rating

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.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

MBWM Earnings

On April 21, 2026 MBWM reported an EPS of 1.46 and a revenue of 67.60M. The company beat EPS expectations (9.02% surprise) and missed revenue expectations (-2.01% surprise).

Next Earnings DateJul 20, 2026
Last Earnings DateApr 21, 2026
PeriodQ1 / 2026
EPS Reported$1.46
Revenue Reported67.6M
EPS Surprise 9.02%
Revenue Surprise -2.01%

MBWM Forecast & Estimates

12 analysts have analysed MBWM and the average price target is 59.67 USD. This implies a price increase of 16.47% is expected in the next year compared to the current price of 51.23.

For the next year, analysts expect an EPS growth of 4.62% and a revenue growth 15.91% for MBWM


Analysts
Analysts76.67
Price Target59.67 (16.47%)
EPS Next Y4.62%
Revenue Next Year15.91%

MBWM Index Membership

MBWM is currently included in the following stock indexes tracked on ChartMill.

MBWM Financial Highlights

Over the last trailing twelve months MBWM reported a non-GAAP Earnings per Share(EPS) of 5.71. The EPS increased by 18.46% compared to the year before.


Income Statements
Revenue(TTM)242.65M
Net Income(TTM)88.75M
Industry RankSector Rank
PM (TTM) 36.58%
ROA 1.3%
ROE 12.24%
Debt/Equity 0.56
Chartmill High Growth Momentum
EPS Q2Q%20.66%
Sales Q2Q%18.08%
EPS 1Y (TTM)18.46%
Revenue 1Y (TTM)4.83%

MBWM Ownership

Ownership
Inst Owners63.33%
Shares17.27M
Float16.75M
Ins Owners2.53%
Short Float %1.74%
Short Ratio2.54

MBWM Industry Overview

MBWM operates in the Regional Banks sub-industry within the Financials sector. This group contains 315 stocks and is scored by ChartMill on both price strength and growth momentum.

Industry Strength Score

74/100
Composite price performance score based on 3, 6, and 12-month returns, with more weight on recent trends.

Industry Growth Score

93/100
Composite growth score based on earnings growth, revenue growth, and profitability across the sub-industry.

Relative Performance

Each rank shows how many other sub-industries were outperformed over that timeframe.

1 Month Rank
45%
Outperformed 45% of sub-industries
3 Month Rank
67%
Outperformed 67% of sub-industries
6 Month Rank
81%
Outperformed 81% of sub-industries

Industry Fundamentals & Breadth

Members
315
New Highs
13%
New Lows
0%
Average ROE
9%
Average Profit Margin
27.3%
Average Operating Margin
64.5%
Average P/E
14.0
Average Fwd P/E
10.5
Average Debt/Equity
0.4

About MBWM

Company Profile

MBWM logo image The company is headquartered in Grand Rapids, Michigan and currently employs 744 full-time employees.

Company Info

IPO: 1997-10-24

MERCANTILE BANK CORP

310 Leonard St NW

Grand Rapids MICHIGAN 49504 US

CEO: Robert B. Kaminski

Employees: 765

MBWM Company Website

MBWM Investor Relations

Phone: 16164063000

MERCANTILE BANK CORP / MBWM FAQ

Can you describe the business of MERCANTILE BANK CORP?

The company is headquartered in Grand Rapids, Michigan and currently employs 744 full-time employees.


What is the current price of MBWM stock?

The current stock price of MBWM is 51.23 USD. The price decreased by -1.42% in the last trading session.


Does MERCANTILE BANK CORP pay dividends?

MERCANTILE BANK CORP (MBWM) has a dividend yield of 3%. The yearly dividend amount is currently 1.44.


How is the ChartMill rating for MERCANTILE BANK CORP?

MBWM has a ChartMill Technical rating of 5 out of 10 and a ChartMill Fundamental rating of 4 out of 10.


Can you provide the upcoming dividend date for MERCANTILE BANK CORP?

The next ex-dividend date for MERCANTILE BANK CORP (MBWM) is March 6, 2026.


What is MERCANTILE BANK CORP worth?

MERCANTILE BANK CORP (MBWM) has a market capitalization of 884.74M USD. This makes MBWM a Small Cap stock.


When does MERCANTILE BANK CORP (MBWM) report earnings?

MERCANTILE BANK CORP (MBWM) will report earnings on 2026-07-20.