NASDAQ : MBWM
Mercantile Bank Corporation — Key statistics
Financials · Banks - Regional · United States
Last price 60.65 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 1.05B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Key statistics
Valuation
| Measure | Value |
|---|
| Market Cap | 1.06B |
| Enterprise Value | 1.10B |
Dates
| Measure | Value |
|---|
| Earnings Date | Oct 20, 2026 |
| Ex-Dividend Date | Dec 4, 2026 |
Shares
| Measure | Value |
|---|
| Current Share Class | 17.29M |
| Shares Outstanding | 17.29M |
| Shares Change (YoY) | +4.99% |
| Shares Change (QoQ) | +0.05% |
| Owned by Insiders (%) | 2.58% |
| Owned by Institutions (%) | 70.98% |
| Float | 16.84M |
Ratios
| Measure | Value |
|---|
| PE Ratio | 10.90 |
| Forward PE | 10.64 |
| PS Ratio | 3.86 |
| Forward PS | 3.54 |
| PB Ratio | 1.42 |
| P/TBV Ratio | 1.62 |
| P/FCF Ratio | 11.35 |
| P/OCF Ratio | 10.99 |
| PEG Ratio | n/a |
Evratios
| Measure | Value |
|---|
| EV / Earnings | 11.51 |
| EV / Sales | 4.01 |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | 11.79 |
Financialposition
| Measure | Value |
|---|
| Current Ratio | n/a |
| Quick Ratio | n/a |
| Debt / Equity | 0.94 |
| Debt / EBITDA | n/a |
| Debt / FCF | 7.49 |
| Interest Coverage | n/a |
Financialefficiency
| Measure | Value |
|---|
| Return on Equity (ROE) | 13.63% |
| Return on Assets (ROA) | 1.42% |
| Return on Invested Capital (ROIC) | n/a |
| Return on Capital Employed (ROCE) | n/a |
| Weighted Average Cost of Capital (WACC) | 5.35% |
| Revenue Per Employee | $337,645 |
| Profits Per Employee | $117,642 |
| Employee Count | 812 |
| Asset Turnover | n/a |
| Inventory Turnover | n/a |
Taxes
| Measure | Value |
|---|
| Income Tax | 17.93M |
| Effective Tax Rate | 15.81% |
Stockprice
| Measure | Value |
|---|
| Beta (5Y) | 0.84 |
| 52-Week Price Change | +39.57% |
| 50-Day Moving Average | 59.78 |
| 200-Day Moving Average | 55.47 |
| Relative Strength Index (RSI) | 59.80 |
| Average Volume (20 Days) | 122,566 |
Shortselling
| Measure | Value |
|---|
| Short Interest | 561,517 |
| Short Previous Month | 626,403 |
| Short % of Shares Out | 3.25% |
| Short % of Float | 3.33% |
| Short Ratio (days to cover) | 4.89 |
Incomestatement
| Measure | Value |
|---|
| Revenue | 274.17M |
| Gross Profit | 274.17M |
| Operating Income | 120.57M |
| Pretax Income | 113.46M |
| Net Income | 95.53M |
| EBITDA | n/a |
| EBIT | n/a |
| Earnings Per Share (EPS) | $5.61 |
Balancesheet
| Measure | Value |
|---|
| Cash & Cash Equivalents | 656.98M |
| Total Debt | 698.62M |
| Net Cash | -41.65M |
| Net Cash Per Share | -$2.41 |
| Equity (Book Value) | 743.84M |
| Book Value Per Share | 43.03 |
| Working Capital | -5.25B |
Cashflow
| Measure | Value |
|---|
| Operating Cash Flow | 96.29M |
| Capital Expenditures | -3.04M |
| Depreciation & Amortization | n/a |
| Net Borrowing | -72.45M |
| Free Cash Flow | 93.25M |
| FCF Per Share | $5.39 |
Margins
| Measure | Value |
|---|
| Gross Margin | n/a |
| Operating Margin | 43.98% |
| Pretax Margin | 41.38% |
| Profit Margin | 34.84% |
| EBITDA Margin | n/a |
| EBIT Margin | n/a |
| FCF Margin | 34.01% |
Dividends
| Measure | Value |
|---|
| Dividend Per Share | $1.60 |
| Dividend Yield | 2.61% |
| Dividend Growth (YoY) | 5.33% |
| Years of Dividend Growth | 6 |
| Payout Ratio | 28.15% |
| FCF Payout Ratio | 29.29% |
| Buyback Yield | -4.99% |
| Shareholder Yield | -2.38% |
| Earnings Yield | 9.17% |
| FCF Yield | 8.81% |
Analystforecasts
| Measure | Value |
|---|
| Price Target | $64.17 |
| Price Target Difference | 4.85% |
| Analyst Consensus | Hold |
| Analyst Count | 6 |
| Revenue Growth Forecast (3Y) | 9.58% |
| EPS Growth Forecast (3Y) | 4.53% |
Stocksplits
| Measure | Value |
|---|
| Last Split Date | Apr 19, 2007 |
| Split Type | Forward |
| Split Ratio | 1.05:1 |
Scores
| Measure | Value |
|---|
| Altman Z-Score | n/a |
| Piotroski F-Score | 4 |
Fairvalue
| Measure | Value |
|---|
| Lynch Fair Value | |
| Lynch Upside | |
| Graham Number | |
| Graham Upside | |