MBWM

Mercantile Bank Corporation
$52.20
-0.39 (-0.74%)
Mkt Cap 901.72M
Volume 93,581
52W Range 42.17-55.77
Sector Financial Services
Beta 0.83
EPS (TTM) 5.57
P/E Ratio 9.37
Revenue (TTM) 379.27M
Rev Growth (5Y) +14.0%
EPS Growth (5Y) +15.0%
AlphaVal · Fair Value
$78.45
Undervalued · Moderate
33.5% below fair value
AlphaQuality · Grade
B-
Banks, Insurers & Asset Managers
65.3 / 100 composite

Company Description

Track Record

Showing latest 4 periods • Swipe for more
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue 371.80M 361.89M 303.50M 213.92M 198.66M 193.49M 185.29M 160.99M 144.54M 139.50M 128.37M 99.15M
Net Income 88.75M 79.59M 82.22M 61.06M 59.02M 44.14M 49.46M 42.02M 31.27M 31.91M 27.02M 17.33M
EPS 5.46 4.93 5.13 3.85 3.69 2.71 3.01 2.53 1.90 1.96 1.63 1.28
Free Cash Flow 11.21M 92.59M 59.93M 116.84M 58.97M 28.89M 31.28M 55.42M 33.24M 32.58M N/A N/A
FCF / Share 0.69 5.74 3.74 7.37 3.69 1.78 1.91 3.34 2.02 2.00 N/A N/A
Operating CF 17.97M 101.12M 66.61M 119.86M 64.57M 37.88M 44.77M 61.74M 38.66M 34.60M N/A N/A
Total Assets 6.84B 6.05B 5.35B 4.87B 5.26B 4.44B 3.63B 3.36B 3.29B 3.08B N/A N/A
Total Debt 825.88M 648.25M 836.26M 640.19M 693.35M 559.93M 503.56M 499.72M 384.26M 351.55M N/A N/A
Cash & Equiv 473.32M 393.01M 130.53M 96.77M 975.16M 626.01M 233.73M 75.35M 200.10M 183.60M N/A N/A
Book Value 724.88M 584.53M 522.14M 441.41M 456.56M 441.55M 416.56M 375.25M 365.87M 340.81M N/A N/A
Return on Equity 0.12 0.14 0.16 0.14 0.13 0.10 0.12 0.11 0.09 0.09 N/A N/A
MBWM News
Mercantile Bank Corporation (MBWM) Shareholder/Analyst Call Prepared Remarks Transcript
May 21, 2026 07:20 AM · seekingalpha.com
Analysts Set Mercantile Bank Corporation (NASDAQ:MBWM) Price Target at $56.20
Apr 24, 2026 12:04 AM · defenseworld.net
Mercantile Bank Corporation (MBWM) Q1 2026 Earnings Call Transcript
Apr 21, 2026 10:30 AM · seekingalpha.com
Mercantile Bank (MBWM) Reports Q1 Earnings: What Key Metrics Have to Say
Apr 21, 2026 06:31 AM · zacks.com
Mercantile Bank (MBWM) Q1 Earnings and Revenues Beat Estimates
Apr 21, 2026 04:06 AM · zacks.com
Mercantile Bank Corporation Announces Solid First Quarter 2026 Results
Apr 21, 2026 01:05 AM · prnewswire.com
Mercantile Bank Corporation Declares Regular Cash Dividend
Apr 21, 2026 01:00 AM · prnewswire.com
Mercantile Bank (NASDAQ:MBWM) Stock Price Crosses Above 200 Day Moving Average – Should You Sell?
Apr 06, 2026 11:21 PM · defenseworld.net
Mercantile Bank Corporation Announces First Quarter 2026 Results Conference Call and Webcast
Mar 31, 2026 06:00 AM · prnewswire.com
Brokerages Set Mercantile Bank Corporation (NASDAQ:MBWM) Target Price at $56.20
Mar 29, 2026 11:32 PM · defenseworld.net