Mercantile Bank Corporation
$53.26
▲
0.8%
2026-04-21 08:04:00
www.mercbank.com
NMS: MBWM
Explore Mercantile Bank Corporation stock price, valuation, financial statements, dividend history, analyst estimates, and long-term business fundamentals on StockSifting.
Market Cap
$923.24 M
Current Price
$53.26
52W High / Low
$55.77 / $39.23
Stock P/E
10.4
Book Value
$42.19
Dividend Yield
2.93%
ROCE
—
ROE
13.56%
Face Value
—
EPS
$5.47
Exp Qtr EPS
—
Sector
Financial Services
Industry
Banks - Regional
Employees
744
Beta
0.87
Debt / Equity
0.69
Current Ratio
—
Quick Ratio
—
Forward P/E
8.97
Price / Sales
3.88
Enterprise Value
$1.18 B
EV / EBITDA
—
EV / Revenue
4.97
Rating
Buy
Target Price
$56.83
EPS Forecast (FY)
—
Pros
- Strong operating margin profile.
- Net margin remains healthy.
- Valuation is not stretched on P/E basis.
- Meaningful dividend yield is available.
Cons
- Some data points may be missing or delayed because the source is not an official exchange feed.
Sift Stocks
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|---|---|---|---|---|---|---|---|---|---|
| 1. | Renasant Corporation | $40.56 | 21.04 | $3.81 B | 2.27% | — | 5.52% | $42.11 / $27.48 | $41.05 |
| 2. | Midland States Bancorp, Inc. | $23.66 | — | $507.89 M | 5.41% | — | -19.47% | $24.72 / $14.24 | $21.49 |
| 3. | FB Bancorp, Inc. | $14.09 | 192.68 | $241.43 M | — | — | 1.23% | $14.25 / $10.29 | $18.91 |
| 4. | First Internet Bancorp | $24.33 | — | $212.08 M | 0.99% | — | -9.46% | $28.51 / $17.05 | $41.41 |
| 5. | Commerce Bancshares, Inc. | $50.76 | 12.46 | $7.47 B | 2.15% | — | 15.97% | $63.19 / $46.99 | $27.53 |
| 6. | Univest Financial Corporation | $37.27 | 11.53 | $1.05 B | 2.36% | — | 9.92% | $38.22 / $26.54 | $33.5 |
| 7. | MVB Financial Corp. | $26.24 | 10.48 | $337.05 M | 2.59% | — | 8.42% | $29.59 / $15.59 | $26.26 |
Quarterly Results
Figures shown in M / B
| Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | |
|---|---|---|---|---|---|---|
| Sales | 62.07 M | 62.39 M | 60.94 M | 57.25 M | 58.53 M | — |
| Operating Profit | — | — | — | — | — | — |
| Net Profit | 22.84 M | 23.76 M | 22.62 M | 19.54 M | 19.63 M | — |
| EPS in Rs | 1.32 | 1.38 | 1.31 | 1.13 | 1.14 | — |
Profit & Loss
Figures shown in M / B
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Sales | 242.65 M | 231.47 M | 225.69 M | 190.32 M |
| Operating Profit | — | — | — | — |
| Net Profit | 88.75 M | 79.59 M | 82.22 M | 61.06 M |
| EPS in Rs | 5.14 | 4.61 | 4.76 | 3.54 |
Balance Sheet
Figures shown in M / B
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Total Assets | 6.84 B | 6.05 B | 5.35 B | 4.87 B |
| Total Liabilities | 6.11 B | 5.47 B | 4.83 B | 4.43 B |
| Equity | 724.88 M | 584.53 M | 522.14 M | 441.41 M |
| Current Assets | — | — | — | — |
| Current Liabilities | — | — | — | — |
Cash Flow
Last available yearly cash flow history
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Operating CF | 17.97 M | 101.12 M | 66.61 M | 119.86 M |
| Investing CF | -105.7 M | -425.44 M | -395.93 M | -555 M |
| Financing CF | 168.04 M | 586.79 M | 363.08 M | -443.25 M |
| Free CF | 11.21 M | 92.59 M | 59.93 M | 116.84 M |
| Capex | -6.76 M | -8.53 M | -6.69 M | -3.02 M |
5Y Margin & Growth History
Last 5 year derived history from yfinance annual statements
| 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
| Revenue Growth % | 2.56% | 18.58% | — | — |
| Earnings Growth % | -3.19% | 34.64% | — | — |
| Profit Margin % | 34.39% | 36.43% | 32.08% | — |
| Operating Margin % | — | — | — | — |
| Gross Margin % | — | — | — | — |
| EBITDA Margin % | — | — | — | — |
Dividend & Split History
Latest dividend and stock split events stored from yfinance
Dividend History
| Ex Date | Dividend |
|---|---|
| 2026-03-06 | $0.39 |
| 2025-12-05 | $0.38 |
| 2025-09-05 | $0.38 |
| 2025-06-06 | $0.37 |
| 2025-03-07 | $0.37 |
Stock Splits
No stock split history available.