52.03USD-1.91%Mkt Cap: 897.75M USDP/E: 9.31Last update: 2026-06-01
Mercantile Bank Corporation operates as the bank holding company for Mercantile Bank that provides commercial and retail banking services to small- to medium-sized businesses and individuals in the United States. The com…
Industry Peers
Banks - Regional10.39THUFP/E 9.3
517.02BTRYP/E 4.4
467.97BPLNP/E 10.1
411.54BNOKP/E 10.3
380.27BSEKP/E 12.0
364.95BSEKP/E 12.2
354.89BSEKP/E 11.8
331.24BTRYP/E 5.3
Indicators:|
Key Statistics
Company
Market Cap897.75M USD
Enterprise Value1.04B USD
Revenue (TTM)252.69M USD
Gross Profit252.69M USD
Net Income (TTM)88.75M USD
Revenue/Share15.32 USD
Last Price52.03 USD
Fiscal Year EndDec 2025
MR QuarterMar 2026
Employees766
CountryUS
SectorFinancial Services
IndustryBanks - Regional
ISIN—
Valuation
P/E (Trailing)9.31
P/E (Forward)8.97
PEG1.63
EV/EBITDA—
EV/Revenue4.13
P/S3.62
P/B1.24
EPS (TTM)5.58
EPS (Forward)5.91
52W Range
42.1772% of range55.77
52W High55.77 USD
52W Low42.17 USD
Profitability
Gross Margin0.00%
Oper. Margin41.00%
EBITDA Margin0.00%
Profit Margin36.58%
ROE12.24%
ROA1.30%
Growth
Revenue Growth25.80%
Earnings Growth9.10%
Cash Flow & Leverage
Operating CF17.97M USD
CapEx (TTM)6.76M USD
FCF Margin—
FCF Yield—
Net Debt127.92M USD
Net Debt/EBITDA—
Balance Sheet
Debt/Equity0.69
Current Ratio—
Quick Ratio—
Book Value/Sh42.66 USD
Cash/Share34.63 USD
Dividends
Fwd Div Rate1.560 USD
Trail. Div Rate1.520 USD
Div. Yield2.95%
5Y Avg Yield3.50%
Payout Ratio27.24%
Ex-Div DateJun 5, 2026
Pay DateJun 17, 2026
Splits
Last Split105:100
Split DateApr 19, 2007
Analyst Consensus
Rating—
Target (Mean)59.33 USD
Target Range57.00 USD – 62.00 USD
# Analysts6
Ownership
Shares Out.17.27M
Float16.84M
Insiders3.10%
Institutions69.06%
Short Interest
Short Ratio2.5d
Short % Float1.60%
Short % Out.1.56%
Shares Short269.71K
Short (prev mo.)290.87K
Technical
SMA 5051.48 (+1.1%)
SMA 20049.13 (+5.9%)
Beta0.83
S&P 52W Chg27.94%
Avg Vol (30d)105.10K
Avg Vol (10d)125.52K
Technical Indicators
RSI (14)57.8
MACD0.2763
MACD Signal0.0903
MACD Hist.+0.1860
BB Upper53.34 USD
BB Middle51.74 USD
BB Lower50.14 USD
BB Width6.20%
ATR (14)1.247 USD
Vol Ratio (20d)0.56x