MBWM
NASDAQ · Banking
Mercantile Bank Corp
$61.11
-0.11 (-0.18%)
Open$61.29
Previous Close$61.22
Day High$61.81
Day Low$60.80
52W High$63.41
52W Low$43.00
Volume—
Avg Volume116.1K
Market Cap1.04B
P/E Ratio10.91
EPS$5.61
SectorBanking
Analyst Ratings
Buy
12 analysts
Price Target
+8.9% upside
Current
$61.11
$61.11
Target
$66.54
$66.54
$41.17
$66.54 avg
$85.59
Key Financials
| FY 2026 | FY 2025 | FY 2024 | |
|---|---|---|---|
| Revenue | 203.08M | 193.93M | 285.60M |
| Net Income | 92.50M | 79.50M | 54.32M |
| Profit Margin | 32.1% | 30.5% | 19.0% |
| EBITDA | 145.68M | 132.16M | 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 | $342.82 | -0.17% | 13.7 | 903.70B |
| BAC | Bank of America Corp | $50.51 | -0.32% | 10.8 | 346.29B |
| RY | Royal Bank Of Canada | $202.64 | -0.44% | 17.8 | 405.68B |
| WFC | Wells Fargo & Co | $85.76 | -0.05% | 11.0 | 252.95B |
| TD | Toronto-Dominion Bank | $123.80 | -0.39% | 18.7 | 302.30B |
| C | Citigroup Inc | $124.06 | -0.12% | 10.4 | 201.17B |