NASDAQ:MBWM - Nasdaq - US5873761044 - Common Stock - Currency: USD
41.84
-0.23 (-0.55%)
The current stock price of MBWM is 41.84 USD. In the past month the price decreased by -6.71%. In the past year, price increased by 15.61%.
Symbol | Name | TA | FA | PE | Market Cap |
---|---|---|---|---|---|
TFC | TRUIST FINANCIAL CORP | 10.29 | 49.33B | ||
HBANL | HUNTINGTON BANCSHARES - HBAN 6 7/8 PERP | 19.08 | 36.42B | ||
HBANM | HUNTINGTON BANCSHARES - HBAN 5.7 PERP | 18.08 | 34.50B | ||
MTB | M & T BANK CORP | 11.21 | 27.21B | ||
HBANP | HUNTINGTON BANCSHARES - HBAN 4 1/2 PERP | 13.49 | 25.75B | ||
HBAN | HUNTINGTON BANCSHARES INC | 10.99 | 20.98B | ||
RF | REGIONS FINANCIAL CORP | 9.57 | 18.23B | ||
CFG | CITIZENS FINANCIAL GROUP | 11.77 | 16.22B | ||
VLYPN | VALLEY NATIONAL BANCORP - VLY 8 1/4 PERP | 40.5 | 14.06B | ||
VLYPP | VALLEY NATIONAL BANCORP - VLY 6 1/4 PERP | 39.4 | 13.68B | ||
VLYPO | VALLEY NATIONAL BANCORP - VLY 8.43172 PERP | 39.18 | 13.60B | ||
EWBC | EAST WEST BANCORP INC | 10.24 | 11.75B |
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 662 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.
MERCANTILE BANK CORP
310 Leonard St NW
Grand Rapids MICHIGAN 49504 US
CEO: Robert B. Kaminski
Employees: 662
Company Website: https://ir.mercbank.com/
Investor Relations: https://ir.mercbank.com
Phone: 16164063000
The current stock price of MBWM is 41.84 USD. The price decreased by -0.55% in the last trading session.
The exchange symbol of MERCANTILE BANK CORP is MBWM and it is listed on the Nasdaq exchange.
MBWM stock is listed on the Nasdaq exchange.
11 analysts have analysed MBWM and the average price target is 50.11 USD. This implies a price increase of 19.76% is expected in the next year compared to the current price of 41.84. Check the MERCANTILE BANK CORP stock analysts ratings, price target forecast and up-and down grades for more detailed information.
MERCANTILE BANK CORP (MBWM) has a market capitalization of 679.48M USD. This makes MBWM a Small Cap stock.
MERCANTILE BANK CORP (MBWM) currently has 662 employees.
MERCANTILE BANK CORP (MBWM) has a support level at 38.52 and a resistance level at 41.85. Check the full technical report for a detailed analysis of MBWM support and resistance levels.
The Revenue of MERCANTILE BANK CORP (MBWM) is expected to grow by 4.08% in the next year. Check the estimates tab for more information on the MBWM EPS, Sales, EBIT and EBITDA future analyst estimates.
There is no straightforward answer here. It depends on your investment strategy as different types of investors will look at different aspects. In any case it is important to make an informed decision and these pages can help you forming an opinion:
MERCANTILE BANK CORP (MBWM) has a dividend yield of 3.56%. The yearly dividend amount is currently 1.39. Check the full fundamental report for a detailed analysis of MBWM dividend history, reliability and sustainability.
MERCANTILE BANK CORP (MBWM) will report earnings on 2025-07-14, before the market open.
The PE ratio for MERCANTILE BANK CORP (MBWM) is 8.68. This is based on the reported non-GAAP earnings per share of 4.82 and the current share price of 41.84 USD. Check the full fundamental report for a full analysis of the valuation metrics for MBWM.
The outstanding short interest for MERCANTILE BANK CORP (MBWM) is 0.74% of its float. Check the ownership tab for more information on the MBWM short interest.
ChartMill assigns a technical rating of 1 / 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 63.39% of all stocks.
ChartMill assigns a fundamental rating of 4 / 10 to MBWM. MBWM has a medium profitability rating, but doesn't score so well on its financial health evaluation.
Over the last trailing twelve months MBWM reported a non-GAAP Earnings per Share(EPS) of 4.82. The EPS decreased by -6.59% compared to the year before.
Industry Rank | Sector Rank | ||
---|---|---|---|
PM (TTM) | 34.38% | ||
ROA | 1.32% | ||
ROE | 13.62% | ||
Debt/Equity | 0.45 |
ChartMill assigns a Buy % Consensus number of 76% to MBWM. The Buy consensus is the average rating of analysts ratings from 11 analysts.
For the next year, analysts expect an EPS growth of -0.46% and a revenue growth 4.08% for MBWM