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MBWM
(NASDAQ)
Mercantile Bank Corporation
$57.18-- (--)
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Mercantile Bank (MBWM) Stock Price & Financial Analysis

Mercantile Bank Stock Price Chart

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Financial Metrics & Key Statistics

Fundamental metrics, valuation ratios, and profitability indicators

Day's Range$56.39 - $57.28
52-Week High$60.40
52-Week Low$42.75
Open$56.95
Volume131.51K
Average Volume (3M)150.16K
Market Cap985.62M
Shares Outstanding17.24M
P/E Ratio (TTM)10.72
Forward P/E8.66
Price to Sales (P/S)3.87
Price to Book (P/B)1.34
EV/EBITDA9.16
Revenue (TTM)254.79M
Net Income (TTM)91.90M
Free Cash Flow (TTM)43.09M
EPS (TTM)$5.57
Profit Margin36.07%
Operating Margin41.34%
Return on Equity (ROE)12.47%
Debt to Equity0.49
50-Day MA$54.71
200-Day MA$50.71
52-Week Change16.91%
Annual Dividend$1.54
Dividend Yield2.69%
Payout Ratio27.65%
Last Dividend Ex-DateJun 5, 2026

Frequently Asked Questions About Mercantile Bank

What is the current stock price for MBWM?

As of the latest trading session, MBWM stock trades at $57.18. The 52-week range is $42.75–$60.40, with a day range of $56.39–$57.28.

What is the P/E ratio for MBWM?

Mercantile Bank's trailing P/E ratio is 10.7, meaning investors pay $10.7 for every $1 of annual earnings. The forward P/E is 8.7, reflecting analyst expectations for future earnings. Mercantile Bank operates in the Financials sector.

Does MBWM pay dividends?

Yes, Mercantile Bank pays a 2.69% annual dividend yield ($1.54 per share). The payout ratio is 27.6%. The last ex-dividend date was 2026-06-05.

What do analysts recommend for MBWM?

Analyst ratings and recommendations for MBWM are displayed in the Analyst Consensus section, including buy/hold/sell distribution and 12-month price targets.

What is the market cap of MBWM?

Mercantile Bank's market capitalization is $985.6M, classifying it as a small-cap company. Mercantile Bank operates in the Financials sector within the Banks - Regional industry.