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Mercantile Bank (MBWM)
:MBWM
MBWM Stock Chart & Stats
Day’s Range― - ―
52-Week Range$35.61 - $52.98
Previous CloseN/A
Volume10.61K
Average Volume (3M)64.71K
Market Cap
$676.53M
Enterprise Value$1.31B
Total Cash (Recent Filing)$12.61M
Total Debt (Recent Filing)$239.82M
Price to Earnings (P/E)8.4
Beta1.01
Next Earnings
Jul 22, 2025EPS Estimate
1.24Next Dividend Ex-Date
Jun 06, 2025Dividend Yield3.45%
Share Statistics
EPS (TTM)4.93
Shares Outstanding16,235,384
10 Day Avg. Volume60,962
30 Day Avg. Volume64,709
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)3.21
Price to Cash Flow (P/CF)3.00
P/FCF Ratio1.30
Enterprise Value/Market Cap1.94
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit4.09
Enterprise Value/Ebitda15.79
Forecast
1Y Price Target
$50.25Price Target Upside21.00% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
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Mercantile Bank News
PremiumCompany Announcements
Mercantile Bank Reports Strong Q1 2025 Performance
PremiumCompany Announcements
Mercantile Bank’s Mixed Earnings Call Highlights
PremiumCompany Announcements
Mercantile Bank Reports Strong Q1 2025 Financial Results
PremiumCompany Announcements
Mercantile Bank Adopts New Executive Bonus Plan---
Ownership Overview
3.18% Insiders
17.02% Mutual Funds
0.49% Other Institutional Investors
62.42% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
MBWM FAQ
What was Mercantile Bank’s price range in the past 12 months?
Mercantile Bank lowest stock price was $35.61 and its highest was $52.98 in the past 12 months.
What is Mercantile Bank’s market cap?
Mercantile Bank’s market cap is $676.53M.
When is Mercantile Bank’s upcoming earnings report date?
Mercantile Bank’s upcoming earnings report date is Jul 22, 2025 which is in 89 days.
How were Mercantile Bank’s earnings last quarter?
Mercantile Bank released its earnings results on Apr 22, 2025. The company reported $1.21 earnings per share for the quarter, beating the consensus estimate of $1.184 by $0.026.
Is Mercantile Bank overvalued?
According to Wall Street analysts Mercantile Bank’s price is currently Undervalued.
Does Mercantile Bank pay dividends?
Mercantile Bank pays a Quarterly dividend of $1.439 which represents an annual dividend yield of 3.45%. See more information on Mercantile Bank dividends here
What is Mercantile Bank’s EPS estimate?
Mercantile Bank’s EPS estimate is 1.24.
How many shares outstanding does Mercantile Bank have?
Mercantile Bank has 16,235,384 shares outstanding.
What happened to Mercantile Bank’s price movement after its last earnings report?
Mercantile Bank reported an EPS of $1.21 in its last earnings report, beating expectations of $1.184. Following the earnings report the stock price went up 3.502%.
Which hedge fund is a major shareholder of Mercantile Bank?
Currently, no hedge funds are holding shares in MBWM
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Mercantile Bank Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$50.25 (21.00% Upside)
$50.25 (21.00% Upside)
Blogger Sentiment
Bullish
MBWM Sentiment 70%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 300.0 Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $615.9K over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 99%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
16.15%
12-Months-Change
Fundamentals
Return on Equity
13.55%
Trailing 12-Months
Asset Growth
12.35%
Trailing 12-Months
Company Description
Mercantile Bank
Mercantile Bank Corporation operates as the bank holding company for Mercantile Bank of Michigan that provides commercial and retail banking services to small- to medium-sized businesses and individuals in the United States. It accepts various deposit products, including checking, savings, and term certificate accounts; time deposits; and certificates of deposit. The company also offers 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; and 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, it provides courier services and safe deposit facilities; 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, as well as owns 22 automated teller machines and 19 video banking machines. As of January 18, 2022, the company operated 44 banking offices. Mercantile Bank Corporation was incorporated in 1997 and is headquartered in Grand Rapids, Michigan.
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MBWM Company Deck
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MBWM Earnings Call
Q1 2025
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call reveals a mixed performance for Mercantile Bank. While there are significant achievements in deposit growth, asset quality, and non-interest income, challenges such as a decline in net income, a lower loan growth outlook, and increased expenses present a balanced outlook. The bank's strategic focus on managing the balance sheet amid uncertain conditions is evident, but the economic environment presents potential headwinds.Read More>---
MBWM Stock 12 Month Forecast
Average Price Target
$50.25
▲(21.00% Upside)
Technical Analysis
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Best Analysts Covering MBWM
1 Year
1 Year Success Rate
11/15 ratings generated profit
1 Year Average Return
+12.29%
reiterated a buy rating 3 days ago
Copying Damon Delmonte's trades and holding each position for 1 Year would result in 73.33% of your transactions generating a profit, with an average return of +12.29% per trade.
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