Mercantile Bank Corporation (MBWM): Price and Financial Metrics


Mercantile Bank Corporation (MBWM): $31.27

0.49 (+1.59%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

MBWM POWR Grades

  • MBWM scores best on the Stability dimension, with a Stability rank ahead of 96% of US stocks.
  • The strongest trend for MBWM is in Stability, which has been heading up over the past 177 days.
  • MBWM ranks lowest in Growth; there it ranks in the 21st percentile.

MBWM Stock Summary

  • For MBWM, its debt to operating expenses ratio is greater than that reported by 85.64% of US equities we're observing.
  • MBWM's equity multiplier -- a measure of assets relative to shareholders'equity -- is greater than that of 93.98% of US stocks.
  • In terms of volatility of its share price, MBWM is more volatile than just 15.54% of stocks we're observing.
  • If you're looking for stocks that are quantitatively similar to MERCANTILE BANK CORP, a group of peers worth examining would be FFIC, BANC, CAC, FVCB, and FLIC.
  • MBWM's SEC filings can be seen here. And to visit MERCANTILE BANK CORP's official web site, go to www.mercbank.com.

MBWM Valuation Summary

  • MBWM's price/earnings ratio is 9.8; this is 5.77% lower than that of the median Financial Services stock.
  • MBWM's price/sales ratio has moved down 2.4 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 2022-09-23 2.8 1.1 9.8 11.3
MBWM 2022-09-22 2.8 1.2 10.0 11.5
MBWM 2022-09-21 2.9 1.2 10.1 11.6
MBWM 2022-09-20 2.9 1.2 10.3 11.7
MBWM 2022-09-19 2.9 1.2 10.3 11.8
MBWM 2022-09-16 2.9 1.2 10.2 11.7

MBWM Growth Metrics

    The 4 year revenue growth rate now stands at 21.71%.
  • Its year over year net cashflow from operations growth rate is now at 103.06%.
  • The 3 year price growth rate now stands at -10.33%.
Over the past 52 months, MBWM's revenue has gone up $45,369,000.

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
2022-06-30 174.988 92.391 49.919
2022-03-31 181.948 93.882 56.273
2021-12-31 184.582 64.573 59.021
2021-09-30 179.697 40.74 61.463
2021-06-30 174.521 72.445 57.098
2021-03-31 159.949 46.234 47.705

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 47.71% of graded US stocks.
  • MBWM's asset turnover comes in at 0.038 -- ranking 212th of 428 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 $31.27 52-week high $40.01
Prev. close $30.78 52-week low $29.26
Day low $30.93 Volume 1,474
Day high $31.27 Avg. volume 39,656
50-day MA $33.55 Dividend yield 4.16%
200-day MA $34.34 Market Cap 495.97M

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 Corporation Announces Third Quarter 2022 Results Conference Call and Webcast

Mercantile Bank Corporation (NASDAQ: MBWM) will hold a conference call and webcast to discuss third quarter 2022 results on Tuesday, October 18, 2022, at 10:00 a.m. Eastern Time.

Yahoo | September 27, 2022

Best Momentum Stocks to Buy for September 2nd

PDD, LPLA and MBWM made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on September 2, 2022.

Yahoo | September 2, 2022

New Strong Buy Stocks for September 2nd

HLIT, MBWM, CFR, PDD and CHK have been added to the Zacks Rank #1 (Strong Buy) List on September 2, 2022.

Yahoo | September 2, 2022

Best Income Stocks to Buy for September 2nd

PFS, CFR and MBWM made it to the Zacks Rank #1 (Strong Buy) income stocks list on September 2, 2022.

Yahoo | September 2, 2022

Best Momentum Stocks to Buy for August 29th

LNG, AVNW and MBWM made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on August 29, 2022.

Yahoo | August 29, 2022

Read More 'MBWM' Stories Here

MBWM Price Returns

1-mo -5.18%
3-mo -1.94%
6-mo -6.27%
1-year -1.59%
3-year 8.47%
5-year 8.92%
YTD -8.24%
2021 33.79%
2020 -22.04%
2019 33.33%
2018 -15.74%
2017 -4.02%

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 0.7723 seconds.