Mercantile Bank Corporation (MBWM): Price and Financial Metrics


Mercantile Bank Corporation (MBWM): $31.48

0.14 (+0.45%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

MBWM POWR Grades


  • Stability is the dimension where MBWM ranks best; there it ranks ahead of 78.13% of US stocks.
  • The strongest trend for MBWM is in Stability, which has been heading down over the past 31 weeks.
  • MBWM's current lowest rank is in the Quality metric (where it is better than 35.22% of US stocks).

MBWM Stock Summary

  • With a one year PEG ratio of 2,942.35, Mercantile Bank Corp is expected to have a higher PEG ratio (a measure of how expensive a stock is relative to its expected earnings growth) than 98.43% of US stocks.
  • For MBWM, its debt to operating expenses ratio is greater than that reported by 83.4% of US equities we're observing.
  • Equity multiplier, or assets relative to shareholders' equity, comes in at 10.28 for Mercantile Bank Corp; that's greater than it is for 91.49% of US stocks.
  • Stocks that are quantitatively similar to MBWM, based on their financial statements, market capitalization, and price volatility, are PFBI, NWE, MKC, TRNS, and CMRE.
  • Visit MBWM's SEC page to see the company's official filings. To visit the company's web site, go to www.mercbank.com.

MBWM Valuation Summary

  • MBWM's EV/EBIT ratio is 7.2; this is 20% lower than that of the median Financial Services stock.
  • MBWM's price/sales ratio has moved down 0.9 over the prior 243 months.
  • MBWM's EV/EBIT ratio has moved down 7.2 over the prior 243 months.

Below are key valuation metrics over time for MBWM.

Stock Date P/S P/B P/E EV/EBIT
MBWM 2018-03-12 4.7 1.6 19.0 16.9
MBWM 2016-03-01 3.2 1.1 14.0 14.3
MBWM 2014-11-03 5.1 1.1 24.4 22.3
MBWM 2007-02-12 4.5 1.6 13.9 15.5
MBWM 2006-12-12 4.9 1.8 15.2 16.3
MBWM 2005-08-15 6.9 2.3 20.7 21.9

MBWM Growth Metrics

  • Its 5 year price growth rate is now at -10.65%.
  • The 2 year price growth rate now stands at -39.71%.
  • Its year over year revenue growth rate is now at 7.04%.
MBWM's revenue has moved up $27,740,000 over the prior 34 months.

The table below shows MBWM's growth in key financial areas (numbers in millions of US dollars).

Date Revenue Operating Cash Flow Net Income to Common Stock
2021-03-31 159.949 46.234 47.705
2020-12-31 153.368 37.877 44.138
2020-09-30 148.869 40.94 43.374
2020-06-30 146.834 18.461 45.288
2020-03-31 149.429 32.544 48.305
2019-12-31 149.74 44.767 49.456

MBWM Price Target

For more insight on analysts targets of MBWM, see our MBWM price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.

Average Price Target $34.50 Average Broker Recommendation 1.9 (Hold)

MBWM Stock Price Chart Interactive Chart >

Price chart for MBWM

MBWM Price/Volume Stats

Current price $31.48 52-week high $34.47
Prev. close $31.34 52-week low $17.09
Day low $31.01 Volume 27,800
Day high $31.76 Avg. volume 47,759
50-day MA $31.01 Dividend yield 3.7%
200-day MA $29.03 Market Cap 508.65M

Mercantile Bank Corporation (MBWM) Company Bio


Mercantile Bank Corporation operates as the bank holding company for Mercantile Bank of Michigan that provides commercial banking services for businesses and individuals in central and western Michigan. The company was founded in 1997 and is based in Grand Rapids, Michigan.


MBWM Latest News Stream


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Latest MBWM News From Around the Web

Below are the latest news stories about Mercantile Bank Corp that investors may wish to consider to help them evaluate MBWM as an investment opportunity.

Mercantile Bank EPS beats by $0.34, beats on revenue

Mercantile Bank (MBWM): Q2 GAAP EPS of $1.12 beats by $0.34.Revenue of $45.4M (+9.3% Y/Y) beats by $4.11M.Press Release...

Seeking Alpha | July 20, 2021

Mercantile Bank Corporation 2021 Q2 - Results - Earnings Call Presentation

The following slide deck was published by Mercantile Bank Corporation in conjunction with their 2021 Q2 earnings call....

SA Transcripts on Seeking Alpha | July 20, 2021

Will stock surge before Earnings results? Mercantile Bank (NASDAQ:MBWM)

Earnings results for Mercantile Bank , Analyst Opinion on Mercantile Bank , Earnings and Valuation of (NASDAQ:MBWM), Stock market Insights & financial analysis, Best stock to invest, Investment Idea, The post Will stock surge before Earnings results? Mercantile Bank (NASDAQ:MBWM) appeared first on .

Stock Market Daily | July 20, 2021

Mercantile Bank (MBWM) Q2 Earnings and Revenues Beat Estimates

Mercantile Bank (MBWM) delivered earnings and revenue surprises of 36.59% and 9.73%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Yahoo | July 20, 2021

Mercantile Bank Corporation Reports Strong Second Quarter 2021 Results

Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") reported net income of $18.1 million, or $1.12 per diluted share, for the second quarter of 2021, compared with net income of $8.7 million, or $0.54 per diluted share, for the respective prior-year period. Net income during the first six months of 2021 totaled $32.3 million, or $2.00 per diluted share, compared to $19.4 million, or $1.19 per diluted share, during the first six months of 2020.

Yahoo | July 20, 2021

Read More 'MBWM' Stories Here

MBWM Price Returns

1-mo 5.07%
3-mo 0.55%
6-mo 18.09%
1-year 49.47%
3-year 0.03%
5-year 52.38%
YTD 18.00%
2020 -22.04%
2019 33.33%
2018 -15.74%
2017 -4.02%
2016 59.75%

MBWM Dividends

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Continue Researching MBWM

Here are a few links from around the web to help you further your research on Mercantile Bank Corp's stock as an investment opportunity:

Mercantile Bank Corp (MBWM) Stock Price | Nasdaq
Mercantile Bank Corp (MBWM) Stock Quote, History and News - Yahoo Finance
Mercantile Bank Corp (MBWM) Stock Price and Basic Information | MarketWatch

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