MBWM
NASDAQ · Banking
Mercantile Bank Corp
$60.03
+0.51 (+0.86%)
Open$59.68
Previous Close$59.52
Day High$60.45
Day Low$59.68
52W High$62.95
52W Low$42.75
Volume—
Avg Volume122.6K
Market Cap1.04B
P/E Ratio10.93
EPS$5.68
SectorBanking
Analyst Ratings
Buy
12 analysts
Price Target
+10.8% upside
Current
$60.03
$60.03
Target
$66.54
$66.54
$41.17
$66.54 avg
$85.59
Key Financials
| FY 2026 | FY 2025 | FY 2024 | |
|---|---|---|---|
| Revenue | 207.99M | 198.61M | 285.60M |
| Net Income | 94.73M | 81.42M | 54.32M |
| Profit Margin | 32.1% | 30.5% | 19.0% |
| EBITDA | 149.20M | 135.35M | 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 Yield3.89%
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 | $336.59 | -1.89% | 14.0 | 908.34B |
| BAC | Bank of America Corp | $55.47 | -2.17% | 11.7 | 392.07B |
| RY | Royal Bank Of Canada | $200.95 | -0.51% | 17.2 | 391.17B |
| WFC | Wells Fargo & Co | $80.81 | -2.60% | 11.1 | 250.06B |
| TD | Toronto-Dominion Bank | $119.55 | -0.91% | 17.6 | 284.95B |
| C | Citigroup Inc | $131.31 | -2.21% | 12.7 | 225.78B |