MBWM Key Statistics, Chart & Performance
The current stock price of MBWM is 47.61 USD. In the past month the price decreased by -0.02%. In the past year, price increased by 7.81%.
MBWM Competitors/Peers
Symbol | Company Name | TA | FA | PE | Market Cap |
|---|---|---|---|---|---|
| TFC | TRUIST FINANCIAL CORP | 13.23 | 63.63B | ||
| HBANL | HUNTINGTON BANCSHARES - HBAN 6 7/8 PERP | 17.72 | 39.84B | ||
| HBANM | HUNTINGTON BANCSHARES - HBAN 5.7 PERP | 15.66 | 35.22B | ||
| BBT | BEACON FINANCIAL CORP | 11.33 | 33.77B | ||
| MTB | M & T BANK CORP | 12.56 | 31.36B | ||
| HBAN | HUNTINGTON BANCSHARES INC | 12.22 | 27.48B | ||
| HBANP | HUNTINGTON BANCSHARES - HBAN 4 1/2 PERP | 12.09 | 27.18B | ||
| CFG | CITIZENS FINANCIAL GROUP | 16.64 | 25.51B | ||
| RF | REGIONS FINANCIAL CORP | 12.14 | 24.17B | ||
| EWBC | EAST WEST BANCORP INC | 12.69 | 15.83B | ||
| VLYPN | VALLEY NATIONAL BANCORP - VLY 8 1/4 PERP | 31.91 | 14.59B | ||
| VLYPO | VALLEY NATIONAL BANCORP - VLY 7.52519 PERP | 30.59 | 13.99B |
Related stock screener links
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 683 full-time employees. 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. The company also has banking offices located in the metropolitan Detroit, Michigan area, Traverse City, Michigan, Petoskey, Michigan, Saginaw, Michigan, and Midland, Michigan. The company makes secured and unsecured commercial, construction, mortgage and consumer loans, and accepts checking, savings and time deposits. The company 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.
Company Info
MERCANTILE BANK CORP
310 Leonard St NW
Grand Rapids MICHIGAN 49504 US
CEO: Robert B. Kaminski
Employees: 683
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 683 full-time employees. 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. The company also has banking offices located in the metropolitan Detroit, Michigan area, Traverse City, Michigan, Petoskey, Michigan, Saginaw, Michigan, and Midland, Michigan. The company makes secured and unsecured commercial, construction, mortgage and consumer loans, and accepts checking, savings and time deposits. The company 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.
What is the stock price of MERCANTILE BANK CORP today?
The current stock price of MBWM is 47.61 USD. The price decreased by -1.02% in the last trading session.
What is the dividend status of MERCANTILE BANK CORP?
MERCANTILE BANK CORP (MBWM) has a dividend yield of 3.1%. 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 6 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 54.47 USD. This implies a price increase of 14.4% is expected in the next year compared to the current price of 47.61.
When is the next dividend date for MERCANTILE BANK CORP (MBWM)?
The next ex-dividend date for MERCANTILE BANK CORP (MBWM) is December 5, 2025.
Can you provide the growth outlook for MERCANTILE BANK CORP?
The Revenue of MERCANTILE BANK CORP (MBWM) is expected to grow by 5.58% in the next year. Check the estimates tab for more information on the EPS, Sales, EBIT and EBITDA future analyst estimates.
MBWM Technical Analysis
ChartMill assigns a technical rating of 6 / 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 65.97% 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 5.28. The EPS increased by 6.02% 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 54.47 USD. This implies a price increase of 14.4% is expected in the next year compared to the current price of 47.61.
For the next year, analysts expect an EPS growth of 11.24% and a revenue growth 5.58% for MBWM