MBWM
NASDAQ · Banking
Mercantile Bank Corp
$49.87
-1.23 (-2.41%)
Open$50.95
Previous Close$51.10
Day High$51.90
Day Low$49.60
52W High$55.77
52W Low$42.17
Volume—
Avg Volume103.5K
Market Cap896.54M
P/E Ratio9.76
EPS$5.58
SectorBanking
Analyst Ratings
Buy
12 analysts
Price Target
+33.4% upside
Current
$49.87
$49.87
Target
$66.54
$66.54
$41.17
$66.54 avg
$85.59
Key Financials
| FY 2026 | FY 2025 | FY 2024 | |
|---|---|---|---|
| Revenue | 215.73M | 206.01M | 285.60M |
| Net Income | 98.26M | 84.45M | 54.32M |
| Profit Margin | 32.1% | 30.5% | 19.0% |
| EBITDA | 121.00M | 109.77M | 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 Yield3.05%
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 | $297.81 | -0.70% | 13.6 | 798.43B |
| BAC | Bank of America Corp | $49.77 | -0.16% | 11.1 | 350.86B |
| RY | Royal Bank Of Canada | $183.40 | -0.23% | 16.8 | 352.55B |
| WFC | Wells Fargo & Co | $73.42 | -0.50% | 10.4 | 225.81B |
| TD | Toronto-Dominion Bank | $107.64 | -0.55% | 11.5 | 251.06B |
| C | Citigroup Inc | $123.42 | -1.12% | 13.2 | 211.65B |