Mercantile Bank Corporation
NMS: MBWMLive Quote
📈 ZcoreAI Score
Our AI model analyzes Mercantile Bank Corporation's price action across multiple timeframes using regression channels and statistical scoring.
Get MBWM Z-Score →About Mercantile Bank Corporation
Financial Services
Banks - Regional
Mercantile Bank Corporation operates as the bank holding company for Mercantile Bank that provides commercial and retail banking services to small- to medium-sized businesses and individuals in the United States. The company accepts various deposit products, such as checking, savings, and term certificate accounts; time deposits; and certificates of deposit. It also provides commercial and industrial loans; vacant land, land development, and residential construction loans; owner and non-owner occupied real estate loans; multi-family and residential rental property loans; single-family residential real estate loans; home equity line of credit programs; consumer loans, such as new and used automobile and boat loans, and credit cards, as well as overdraft protection services; and residential mortgage and instalment loans. In addition, the company offers courier services and safe deposit boxes; and insurance products, such as private passenger automobile, homeowners, personal inland marine, boat owners, recreational vehicle, dwelling fire, umbrella policies, small business, and life insurance products. Mercantile Bank Corporation was incorporated in 1997 and is headquartered in Grand Rapids, Michigan.
📊 Fundamental Analysis
Mercantile Bank Corporation demonstrates exceptional profitability, with a profit margin of 37.2%.
The company recently reported 9.7% revenue growth, which is above average for the Financial Services sector.
Return on Equity (ROE) is 13.6%, which exceeds the Financial Services sector average, reflecting efficient capital allocation.
At a current price of $53.50, MBWM currently trades near the top of its 52-week range (87%) (Range: $37.90 - $55.77).
💰 Valuation Insight
MBWM is valued broadly in line with the sector at a PE of 9.78. Analysts expect earnings growth, as indicated by a lower forward PE.
🏥 Financial Health
✅
Profit Margin
Excellent
✅
Revenue Growth
Excellent
⚠️
Return on Equity
Moderate
⚠️
Beta (Risk)
Moderate Volatility
Key Financials
Market Cap
$924.10M
Trailing P/E
9.78
Forward P/E
8.97
Beta (5Y)
0.87
52W High
$55.77
52W Low
$37.90
Avg Volume
106K
Day High
Day Low