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MBWM NASDAQ US

Mercantile Bank Corporation - Common Stock

Financials · Banking Website · IPO Oct 1997
$51.46
▲ +$0.41 (+0.80%)
Vol 70K
10
Quality Score
ok
Deep Check
2/5 ok
Mkt Cap
$781.8M
P/E
9.1
ROE
13.8%
Margin
37.0%
D/E
59.59
Beta
0.92
Div Yield
3.16%
52W
$38–$52

Wall Street Consensus

12 analysts · Apr 2026
2
Strong Buy
6
Buy
4
Hold
0
Sell
0
Strong Sell
66.7%
Buy Rating

Price Chart

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Earnings

Beat rate: 100.0%
Quarter EPS Est EPS Act Surprise
Dec 2025 $1.36 $1.40 +$0.04
Sep 2025 $1.40 $1.46 +$0.06
Jun 2025 $1.27 $1.39 +$0.12
Mar 2025 $1.21 $1.21 +$0.00

Fundamentals Trend

Metric 2025-06-30 2025-09-02 2025-10-02 2025-11-03 2025-12-03 2026-01-02
ROE (TTM) 13.5% 13.5% 13.5% 13.8% 13.8% 13.8%
P/E (TTM) 9.26 9.38 8.95 8.33 8.82 9.14
Net Margin — 37.0% 37.0% 37.0% 37.0% 37.0%
Gross Margin — — — — — —
D/E Ratio 60.64 60.64 60.64 59.59 59.59 59.59
Current Ratio — — — — — —

Key Ratios

ROA (TTM)
1.4%
P/S (TTM)
2.47
P/B
1.2
EPS (TTM)
$5.28
CF/Share
$6.00
Rev Growth 3Y
+4.7%
52W High
$51.89
52W Low
$37.76
$37.76 52-Week Range $51.89

How does MBWM compare to Banking peers?

Peer group: Micro-cap Banking (All) · 289 companies

MBWM ACNB AFBI AMAL AROW

MBWM valuation vs Banking peers

P/E ratio
9.1
▼ 27% below peers (12.6)
vs Peers
vs Industry
Undervalued
P/S ratio
2.5
▲ 6% above peers (2.3)
vs Peers
vs Industry
Fair value
P/B ratio
1.2
▲ 17% above peers (1.1)
vs Peers
vs Industry
Overvalued
Div yield
3.2%
▲ 6% above peers (3.0%)
vs Peers
vs Industry
In line

MBWM profitability vs Banking peers

ROE
13.8%
▲ 53% above peers (9.0%)
vs Peers
vs Industry
Top tier
Net margin
37.0%
▲ 29% above peers (28.6%)
vs Peers
vs Industry
Top tier
Gross margin
—
—
vs Peers
vs Industry
Weak
ROA
1.4%
▲ 46% above peers (1.0%)
vs Peers
vs Industry
Top tier

MBWM financial health vs Banking peers

D/E ratio
59.6
▲ 331% above peers (13.8)
vs Peers
vs Industry
High debt
Current ratio
—
▼ 0% below peers (0.1)
vs Peers
vs Industry
Low liquidity
Beta
0.9
▲ 34% above peers (0.7)
vs Peers
vs Industry
More volatile

MBWM fundamentals radar

MBWM Peer median Industry

MBWM profitability vs leverage

Bubble size = market cap · X = net margin · Y = D/E ratio

MBWM vs peers: key metrics

Related Signals

Bounce Up SL Hit
$45.84 1.50x Sep 25

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