MBWM
NASDAQ · Banking
Mercantile Bank Corp
$57.17
+0.08 (+0.14%)
Open$56.87
Previous Close$57.09
Day High$57.25
Day Low$55.70
52W High$56.52
52W Low$42.75
Volume—
Avg Volume149.4K
Market Cap982.05M
P/E Ratio10.69
EPS$5.58
SectorBanking
Analyst Ratings
Buy
12 analysts
Price Target
+16.4% upside
Current
$57.17
$57.17
Target
$66.54
$66.54
$41.17
$66.54 avg
$85.59
Key Financials
| FY 2026 | FY 2025 | FY 2024 | |
|---|---|---|---|
| Revenue | 207.22M | 197.88M | 285.60M |
| Net Income | 94.39M | 81.12M | 54.32M |
| Profit Margin | 32.1% | 30.5% | 19.0% |
| EBITDA | 148.65M | 134.85M | 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 Yield2.77%
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 | $327.33 | -0.63% | 15.1 | 890.95B |
| BAC | Bank of America Corp | $56.98 | -1.55% | 13.0 | 412.10B |
| RY | Royal Bank Of Canada | $206.97 | +1.06% | 18.2 | 401.81B |
| WFC | Wells Fargo & Co | $82.64 | -1.04% | 12.0 | 259.32B |
| TD | Toronto-Dominion Bank | $121.43 | +0.91% | 19.4 | 288.73B |
| C | Citigroup Inc | $139.96 | -1.78% | 15.1 | 242.18B |