Mercantile Bank Corporation (MBWM): Price and Financial Metrics


Mercantile Bank Corporation (MBWM): $35.18

-0.39 (-1.10%)

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 90.77% of US stocks.
  • MBWM's strongest trending metric is Momentum; it's been moving up over the last 52 weeks.
  • MBWM's current lowest rank is in the Growth metric (where it is better than 44.56% of US stocks).

MBWM Stock Summary

  • The ratio of debt to operating expenses for Mercantile Bank Corp is higher than it is for about 83.59% of US stocks.
  • MBWM's equity multiplier -- a measure of assets relative to shareholders'equity -- is greater than that of 92.12% of US stocks.
  • The volatility of Mercantile Bank Corp's share price is greater than that of just 6.85% US stocks with at least 200 days of trading history.
  • Stocks with similar financial metrics, market capitalization, and price volatility to Mercantile Bank Corp are FLIC, PWOD, SBSI, PBHC, and CNOB.
  • 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

  • In comparison to the median Financial Services stock, MBWM's price/earnings ratio is 20% lower, now standing at 8.8.
  • MBWM's EV/EBIT ratio has moved down 10.5 over the prior 243 months.
  • MBWM's EV/EBIT ratio has moved down 10.5 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 2020-08-26 2.4 0.8 7.7 8.8
MBWM 2016-08-01 3.4 1.2 14.2 14.8
MBWM 2016-04-22 3.4 1.2 14.7 15.1
MBWM 2009-06-18 0.9 0.2 -4.8 -26.5
MBWM 2009-01-06 1.4 0.3 -8.4 -45.9
MBWM 2003-09-02 6.6 2.2 20.0 19.3

MBWM Growth Metrics

  • Its 2 year net cashflow from operations growth rate is now at -26.18%.
  • The 3 year revenue growth rate now stands at 14.96%.
  • Its 3 year price growth rate is now at 47.96%.
Over the past 15 months, MBWM's revenue has gone up $25,092,000.

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
2021-06-30 174.521 72.445 57.098
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

MBWM's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.
  • MBWM has a Quality Grade of C, ranking ahead of 47.15% of graded US stocks.
  • MBWM's asset turnover comes in at 0.038 -- ranking 214th of 433 Banking stocks.
  • RIVE, PBCT, and MTB are the stocks whose asset turnover ratios are most correlated with MBWM.

The table below shows MBWM's key quality metrics over time.

Period Asset Turnover Gross Margin ROIC
2021-06-30 0.038 1 0.016
2021-03-31 0.036 1 0.013
2020-12-31 0.036 1 0.013
2020-09-30 0.037 1 0.013
2020-06-30 0.038 1 0.014
2020-03-31 0.041 1 0.015

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 $33.75 Average Broker Recommendation 1.9 (Hold)

MBWM Stock Price Chart Interactive Chart >

Price chart for MBWM

MBWM Price/Volume Stats

Current price $35.18 52-week high $35.78
Prev. close $35.57 52-week low $21.31
Day low $34.91 Volume 35,000
Day high $35.70 Avg. volume 45,711
50-day MA $32.06 Dividend yield 3.37%
200-day MA $31.34 Market Cap 559.12M

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


Event/Time News Detail
Loading, please wait...

MBWM Latest Social Stream


Loading social stream, please wait...

View Full MBWM Social Stream

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 (MBWM) Tops Q3 Earnings and Revenue Estimates

Mercantile Bank (MBWM) delivered earnings and revenue surprises of 11.76% and 13.52%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Yahoo | October 19, 2021

Mercantile Bank Corporation Reports Strong Third Quarter 2021 Results

Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") reported net income of $15.1 million, or $0.95 per diluted share, for the third quarter of 2021, up 40.8 percent from $10.7 million, or $0.66 per diluted share, for the respective prior-year period. Net income during the first nine months of 2021 totaled $47.4 million, or $2.95 per diluted share, up 57.6 percent from $30.1 million, or $1.85 per diluted share, during the first nine months of 2020.

Yahoo | October 19, 2021

Mercantile Bank Corporation Declares Regular Cash Dividend

Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") announced today that on October 14, 2021, its Board of Directors declared a regular quarterly cash dividend of $0.30 per common share, payable on December 15, 2021, to holders of record as of December 3, 2021.

Yahoo | October 19, 2021

Mercantile to finance water, sewage projects in Israel

Mercantile Bank made the announcement at a conference it sponsored in collaboration with the Federation of Local Authorities on the topic of water and sewage corporations and sewage treatment plants.

The Jerusalem Post | October 14, 2021

Those who invested in Mercantile Bank (NASDAQ:MBWM) a year ago are up 70%

If you want to compound wealth in the stock market, you can do so by buying an index fund. But you can significantly...

Yahoo | October 13, 2021

Read More 'MBWM' Stories Here

MBWM Price Returns

1-mo 12.50%
3-mo 12.83%
6-mo 13.45%
1-year 55.53%
3-year 32.01%
5-year 57.13%
YTD 33.15%
2020 -22.04%
2019 33.33%
2018 -15.74%
2017 -4.02%
2016 59.75%

MBWM Dividends

Ex-Dividend Date Type Payout Amount Change
Loading, please wait...
View Full MBWM Dividend History

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

Get Free Updates

Join thousands of investors who get the latest news, insights and top rated picks from StockNews.com!


Page generated in 0.9196 seconds.