MBWM - Mercantile Bank Corporation
NEXT EARNINGS:
Apr 21, 2026
EPS Est: $1.33
|
Rev Est: $67.6M
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$57.00
DETAILS
HIGH:
$57.00
LOW:
$57.00
MEDIAN:
$57.00
CONSENSUS:
$57.00
UPSIDE:
8.82%
Market Cap:
899.95M
Volume:
76,424
Avg Volume:
93,545
52 Week Range:
37.76-55.77
Sector:
Financial Services
Industry:
Banks - Regional
Beta:
0.90
Last Dividend:
$1.50
Exchange:
NASDAQ
Country:
US
Employees:
662
IPO Date:
1999-07-20
EPS (TTM):
5.46
P/E Ratio:
8.81
Revenue (TTM):
371.80M
Total Assets:
6.84B
Total Debt:
825.88M
Cash & Equiv:
473.32M
Rev Growth (5Y):
14.0%
EPS Growth (5Y):
15.0%
FCF Growth (5Y):
24.2%
ROCE:
7.7%
Debt/Equity:
1.14
Earnings History
| Date | EPS Actual | EPS Est | EPS Surprise | Rev Actual | Rev Est | Rev Surprise |
|---|---|---|---|---|---|---|
| 2026-01-20 | $1.40 | $1.37 | +2.2% | $62.1M | $67.6M | -8.2% |
| 2025-10-21 | $1.46 | $1.38 | +5.8% | $62.4M | $61.3M | +1.7% |
| 2025-07-22 | $1.39 | $1.23 | +13.0% | $60.9M | $61.8M | -1.3% |
| 2025-04-22 | $1.21 | $1.19 | +1.7% | $57.2M | $60.1M | -4.8% |
| 2025-01-21 | $1.22 | $1.15 | +6.1% | $58.5M | $56.1M | +4.4% |
| 2024-10-15 | $1.22 | $1.17 | +4.3% | $58.0M | $56.8M | +2.0% |
| 2024-07-16 | $1.17 | $1.16 | +0.9% | $56.8M | $56.1M | +1.2% |
| 2024-04-16 | $1.34 | $1.14 | +17.5% | $58.2M | $55.4M | +5.1% |
| 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 |
| Total Assets | 6.84B | 6.05B | 5.35B | 4.87B | 5.26B | 4.44B | 3.63B | 3.36B | 3.29B | 3.08B | 2.90B | 2.89B |
| Total Debt | 825.88M | 648.25M | 836.26M | 640.19M | 693.35M | 559.93M | 503.56M | 499.72M | 384.26M | 351.55M | 277.93M | 276.06M |
| Cash & Equivalents | 473.32M | 393.01M | 130.53M | 96.77M | 975.16M | 626.01M | 233.73M | 75.35M | 200.10M | 183.60M | 89.29M | 161.53M |
| Operating Cash Flow | 0 | 101.12M | 66.61M | 119.86M | 64.57M | 37.88M | 44.77M | 61.74M | 38.66M | 34.60M | 36.00M | 14.41M |
| Free Cash Flow | 0 | 92.59M | 59.93M | 116.84M | 58.97M | 28.89M | 31.28M | 55.42M | 33.24M | 32.58M | 34.92M | 12.26M |
| FCF per Share | N/A | 5.74 | 3.74 | 7.37 | 3.69 | 1.78 | 1.91 | 3.34 | 2.02 | 2.00 | 2.10 | 0.91 |
| Book Value | 724.88M | 584.53M | 522.14M | 441.41M | 456.56M | 441.55M | 416.56M | 375.25M | 365.87M | 340.81M | 333.80M | 328.14M |
| Cash & ST Investments | 1.58B | 1.12B | 747.62M | 699.71M | 1.57B | 1.01B | 568.39M | 412.72M | 535.85M | 511.66M | 436.28M | 594.44M |
| ROC Equity | 0.12 | 0.14 | 0.16 | 0.14 | 0.13 | 0.10 | 0.12 | 0.11 | 0.09 | 0.09 | 0.08 | 0.05 |