MBWM Stock Price | Mercantile Bank Corporation P/E, Revenue, EPS, & Forecasts

Mercantile Bank Corporation • MBWM

Capital at risk.

About
Metrics
Forecasts
Earnings performance
Financial performance
Sentiment analysis
FAQs

Calendar

event

Ex dividend date

05 Dec 2025

calendar_clock

Next Dividend Payment

17 Dec 2025

About Mercantile Bank Corporation

Ticker

MBWM

Trading on

NASDAQ

ISIN

US5873761044

Industry

Banks - Regional

Sector

Financial Services

CEO

Raymond E. Reitsma

Headquarters

310 Leonard Street NW, Grand Rapids, MI, United States, 49504

Employees

683

Website

mercbank.com

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 company accepts various deposit products, such as checking, savings, and term certificate accounts; time deposits; and certificates of deposit. It also provides commercial and industrial loans; vacant land, land development, and residential construction loans; owner and non-owner occupied real estate loans; multi-family and residential rental property loans; single-family residential real estate loans; home equity line of credit programs; consumer loans, such as new and used automobile and boat loans, and credit cards, as well as overdraft protection services; and residential mortgage and instalment loans. In addition, the company offers courier services and safe deposit boxes; and insurance products, such as private passenger automobile, homeowners, personal inland marine, boat owners, recreational vehicle, dwelling fire, umbrella policies, small business, and life insurance products. The company was incorporated in 1997 and is headquartered in Grand Rapids, Michigan.

Metrics

BasicAdvanced

Market cap

$772M

P/E ratio

9.02

EPS

$5.27

Dividend Yield

3.11%

Beta

0.92

Forward P/E ratio

10.87

EBIDTA

Ex dividend date

2025-12-05

Price & volume

Market cap

$772M

Average daily volume

0.1M

90-day return

30-day return

7-day return

Dividends

Dividend per share

$1.48

Dividend yield

3.11%

Forward dividend per share

$1.52

Forward dividend yield

3.19%

Payout ratio

28.41%

Valuation

P/E ratio

9.02

Forward P/E

10.87

PEG ratio

2.51

Trailing P/E

9.02

Price to sales

3.3

Price to book

1.18

Earnings

EPS

$5.27

EPS estimate (current quarter)

$1.38

EPS estimate (next quarter)

$1.28

EBITDA

Revenues (TTM)

$234M

Revenues per share (TTM)

$14.42

Technicals

Beta

0.92

52-week High

$50.23

52-week Low

$36.85

50-day moving average

$45.10

200-day moving average

$45.39

Short ratio

3.48

Short %

1.43%

Management effectiveness

ROE (TTM)

13.79%

ROA (TTM)

1.40%

Profit margin

36.60%

Gross profit margin

$234M

Operating margin

45.58%

Growth

Quarterly earnings growth (YoY)

20.10%

Quarterly revenue growth (YoY)

9.40%

Share stats

Outstanding Shares

16.3M

Float

15.7M

Insiders %

3.22%

Institutions %

67.00%

Analyst Insights & forecasts

40% Buy

60% Hold

0% Sell

Based on information from 5 analysts.

Average price target

$52.80

Earnings per share (EPS) forecast

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Actual

Expected

Surprise

$1.22

$1.14

7.02%

Q4 • 24Beat

$1.21

$1.18

2.54%

Q1 • 25Beat

$1.39

$1.25

11.20%

Q2 • 25Beat

$1.46

$1.38

5.80%

Q3 • 25Beat

$1.37

Q4 • 25Current

QuarterlyAnnual

Financial Performance

windowbar_chart_4_bars

Income StatementBalance SheetCash Flow

windowbar_chart_4_bars

Revenue

Net income

Profit margin

$93.4M

$22.6M

24.21%

Q2 • 25

$96M

$23.8M

24.74%

Q3 • 25

2.79%

5.04%

2.18%

QoQ growth

QuarterlyAnnual

Totals assets

Total liabilities

Debt to assets

$6.18B

$5.55B

89.78%

Q2 • 25

$6.31B

$5.65B

89.58%

Q3 • 25

2.06%

1.83%

-0.23%

QoQ growth

QuarterlyAnnual

Operating

Investing

Financing

Free cash flow

$-7.8M

$-95.3M

$13.7M

$-10.2M

Q2 • 25

$23.1M

$-18.2M

$94.2M

$20.5M

Q3 • 25

-396.03%

-80.89%

588.76%

-301.32%

QoQ growth

QuarterlyAnnual

Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Past performance is no guarantee of future results. Your return may be affected by currency fluctuations and applicable fees and charges. The value of your investment may go up as well as down. When investing, your capital at risk.

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FAQs

How much is a Mercantile Bank Corporation share?

Mercantile Bank Corporation shares are currently traded for undefined per share.

How many shares does Mercantile Bank Corporation have?

Mercantile Bank Corporation currently has 16.3M shares.

Does Mercantile Bank Corporation pay dividends?

Yes, Mercantile Bank Corporation does pay dividends.

What is Mercantile Bank Corporation 52 week high?

Mercantile Bank Corporation 52 week high is $50.23.

What is Mercantile Bank Corporation 52 week low?

Mercantile Bank Corporation 52 week low is $36.85.

What is the 200-day moving average of Mercantile Bank Corporation?

Mercantile Bank Corporation 200-day moving average is $45.39.

Who is Mercantile Bank Corporation CEO?

The CEO of Mercantile Bank Corporation is Raymond E. Reitsma.

How many employees Mercantile Bank Corporation has?

Mercantile Bank Corporation has 683 employees.

What is the market cap of Mercantile Bank Corporation?

The market cap of Mercantile Bank Corporation is $772M.

What is the P/E of Mercantile Bank Corporation?

The current P/E of Mercantile Bank Corporation is 9.02.

What is the EPS of Mercantile Bank Corporation?

The EPS of Mercantile Bank Corporation is $5.27.

What is the PEG Ratio of Mercantile Bank Corporation?

The PEG Ratio of Mercantile Bank Corporation is 2.51.

What do analysts say about Mercantile Bank Corporation?

According to the analysts Mercantile Bank Corporation is considered a hold.