MBWM
NASDAQ · Banking
Mercantile Bank Corp
$54.71
-0.22 (-0.40%)
Open$55.38
Previous Close$54.93
Day High$55.77
Day Low$54.30
52W High$55.77
52W Low$37.76
Volume—
Avg Volume94.9K
Market Cap939.98M
P/E Ratio10.59
EPS$5.47
SectorBanking
Analyst Ratings
Strong Buy
10 analysts
Price Target
+21.6% upside
Current
$54.71
$54.71
Target
$66.54
$66.54
$41.17
$66.54 avg
$85.59
Key Financials
| FY 2026 | FY 2025 | FY 2025 | |
|---|---|---|---|
| Revenue | 206.18M | 196.88M | 290.27M |
| Net Income | 93.91M | 80.71M | 59.16M |
| Profit Margin | 32.1% | 30.5% | 20.4% |
| EBITDA | 109.50M | 99.34M | 89.47M |
| Free Cash Flow | — | — | 66.63M |
| Rev Growth | +4.7% | +4.7% | +1.1% |
| Debt/Equity | 0.56 | 0.56 | 0.58 |
Dividend
Dividend Yield2.84%
Annual Dividend$1.39
Payout Ratio28.2%
Frequencyquarterly
Ex-DividendApr 20, 2026
Pay DateMay 4, 2026
Banking Peers
| Symbol | Name | Price | Change | P/E | Mkt Cap |
|---|---|---|---|---|---|
| JPM | JPMorgan Chase & Co | $322.40 | +3.95% | 15.4 | 877.66B |
| BAC | Bank of America Corp | $56.53 | +2.89% | 13.3 | 407.72B |
| RY | Royal Bank Of Canada | $170.40 | +0.92% | 15.9 | 323.63B |
| WFC | Wells Fargo & Co | $93.97 | +2.13% | 13.5 | 287.85B |
| TD | Toronto-Dominion Bank | $96.68 | +1.85% | 10.7 | 219.92B |
| C | Citigroup Inc | $122.69 | +6.00% | 15.4 | 219.53B |