MBWM
NASDAQ · Banking
Mercantile Bank Corp
$51.05
+0.55 (+1.09%)
Open$50.73
Previous Close$50.50
Day High$51.66
Day Low$50.73
52W High$55.77
52W Low$37.76
Volume—
Avg Volume133.3K
Market Cap862.09M
P/E Ratio9.71
EPS$5.47
SectorBanking
Analyst Ratings
Buy
11 analysts
Price Target
+30.3% upside
Current
$51.05
$51.05
Target
$66.54
$66.54
$41.17
$66.54 avg
$85.59
Key Financials
| FY 2026 | FY 2025 | FY 2024 | |
|---|---|---|---|
| Revenue | 210.31M | 200.83M | 285.60M |
| Net Income | 95.79M | 82.33M | 54.32M |
| Profit Margin | 32.1% | 30.5% | 19.0% |
| EBITDA | 117.96M | 107.01M | 103.71M |
| Free Cash Flow | — | — | 68.49M |
| Rev Growth | +4.7% | +4.7% | +15.5% |
| Debt/Equity | 0.56 | 0.56 | 0.65 |
Dividend
Dividend Yield3.13%
Annual Dividend$1.44
Payout Ratio27.0%
Frequencyquarterly
Ex-DividendApr 20, 2026
Pay DateMay 4, 2026
Banking Peers
| Symbol | Name | Price | Change | P/E | Mkt Cap |
|---|---|---|---|---|---|
| JPM | JPMorgan Chase & Co | $295.38 | +0.41% | 14.6 | 830.82B |
| BAC | Bank of America Corp | $49.27 | +1.07% | 12.3 | 377.82B |
| RY | Royal Bank Of Canada | $163.42 | +1.01% | 16.1 | 327.62B |
| WFC | Wells Fargo & Co | $80.57 | +1.21% | 13.7 | 291.17B |
| TD | Toronto-Dominion Bank | $94.70 | +1.49% | 10.0 | 217.37B |
| C | Citigroup Inc | $115.30 | +1.67% | 13.8 | 196.64B |