MBWM
NASDAQ · Banking
Mercantile Bank Corp
$61.56
+0.16 (+0.26%)
Open$61.12
Previous Close$61.40
Day High$61.70
Day Low$61.09
52W High$62.39
52W Low$42.75
Volume—
Avg Volume130.8K
Market Cap1.06B
P/E Ratio11.15
EPS$5.68
SectorBanking
Analyst Ratings
Buy
12 analysts
Price Target
+8.1% upside
Current
$61.56
$61.56
Target
$66.54
$66.54
$41.17
$66.54 avg
$85.59
Key Financials
| FY 2026 | FY 2025 | FY 2024 | |
|---|---|---|---|
| Revenue | 206.89M | 197.57M | 285.60M |
| Net Income | 94.24M | 80.99M | 54.32M |
| Profit Margin | 32.1% | 30.5% | 19.0% |
| EBITDA | 148.42M | 134.64M | 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 Yield2.61%
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 | $362.84 | -0.07% | 14.8 | 963.09B |
| BAC | Bank of America Corp | $64.49 | +0.62% | 13.3 | 447.36B |
| RY | Royal Bank Of Canada | $216.56 | +0.73% | 18.7 | 413.54B |
| WFC | Wells Fargo & Co | $88.82 | +0.81% | 11.9 | 268.92B |
| TD | Toronto-Dominion Bank | $124.36 | +1.02% | 19.5 | 290.56B |
| C | Citigroup Inc | $139.33 | +0.43% | 13.1 | 232.71B |