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Mercantile Bank Corporation
Mercantile Bank Corporation
MBWM · NAS

Mercantile Bank Corporation

US$52.01

Price Arrow1.11 (2.18%)
20/05/2026 04:00:00 PM
All-CompaniesAll-ConsensusEngulfing BullishHALO All
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Mercantile Bank Corporation Overview

MBWM Health Scores

Short Term

Mean Reversion

Neutral

Trend

Neutral

Event

Neutral

HALO Model

Mqv

Weak

Garp

Very Weak

Mqv Small

Neutral

Valuation

Value

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Consensus

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Momentum

Price

Strong

Earnings

Weak

Growth

Earnings

Very Weak

Dividends

Neutral

Quality

Capital Efficiency

Neutral

Balance Sheet

Very Weak

About MBWM

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Telephone

1.616.406.3000

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Address

310 Leonard Street NW, Grand Rapids, MI 49504

Description

Mercantile Bank Corp. operates as a bank holding company for Mercantile Bank of Michigan. It offers checking and savings accounts, credit and debit cards, mobile and Internet banking, business loans, mobile wallet, health savings account, and treasury management services. The company was founded on July 15, 1997 and is headquartered in Grand Rapids, MI.

MBWM Price Chart

Key Stats

Market Cap

US$879.27M

PE

8.80

EV/EBITDA

N/A

Dividends Overview

DIV Yield

3.1%

Franking

N/A

Ex Dividend Date (est.)

05-Jun-26

Market Data

52 weeks range

Low 42.17 - 55.77

Trade Value (12mth)

US$1,047,632.00

1 week

2.07%

1 month

-1.03%

YTD

6.91%

1 year

14.36%

All time high

55.77

Key Fundamentals

EPS 3 yr Growth

42.00%

EBITDA Margin

0.00%

Operating Cashflow

$18m

Free Cash Flow Return

1.70%

ROIC

8.20%

Interest Coverage

0.00

Quick Ratio

0.00

Other Data

Shares Outstanding (Fully Diluted)

17m

HALO Sector

Banks

Next Company Report Date

19-Jan-27

Next Ex Dividend Date

05-Jun-26

Next Dividend Pay Date

17-Jun-26

Reporting Currency

USD

Short Sell (% of issue)

0.00

MBWM Announcements

Latest Announcements

DateAnnouncements
02 May 26
02 May 26
29 April 26
21 April 26
21 April 26

MBWM Fundamentals

Per Share Records

Historical data

Forecast data

USD2021202220232024202320242025202620272028
Per Share, Growth & Valuations
EPS (Basic)
$locklocklocklock5.134.935.47locklocklock
EPS (Fully Diluted)
$locklocklocklock5.134.935.47locklocklock
Growth
%locklocklocklock33.3-3.910.8locklocklock
PE
Xlocklocklocklock7.998.8locklocklock
CFPS
$locklocklocklock5.396.235.77locklocklock

Dividends

Key Stats

Ex Dividend Date (est.)

05-Jun-26

DIV Yield

3.1%

Franking Level

N/A

DPSg

5.6%

Quality Yield

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Falling Divs over next 2

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Expected Dividend Cashflow

Dividend Clarity,
Enhanced
Strategy

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Want to learn more?Frequently asked questions.
What is the current share price of Mercantile Bank Corporation (MBWM:NAS)?
Halo FAQ
The current share price of Mercantile Bank Corporation (MBWM:NAS) is USD$52.01.
What is the 52-week high share price for Mercantile Bank Corporation (MBWM:NAS)?
Halo FAQ
The 52-week high share price for Mercantile Bank Corporation (MBWM:NAS) is USD$55.77.
What is the 52-week low share price for Mercantile Bank Corporation (MBWM:NAS)?
Halo FAQ
The 52-week low share price for Mercantile Bank Corporation (MBWM:NAS) is USD$42.17.
What is the dividend yield for Mercantile Bank Corporation (MBWM:NAS)?
Halo FAQ
The current TTM dividend payout for Mercantile Bank Corporation (MBWM:NAS) is 3.10.
What was Mercantile Bank Corporation (MBWM:NAS) last dividend payment?
Halo FAQ
The last dividend payment of Mercantile Bank Corporation (MBWM:NAS) is USD$0.39.
What is the franking level for Mercantile Bank Corporation (MBWM:NAS)?
Halo FAQ
Mercantile Bank Corporation (MBWM:NAS) has a franking level of 0.00%.
In which sector is Mercantile Bank Corporation (MBWM:NAS) classified?
Halo FAQ
Mercantile Bank Corporation (MBWM:NAS) is classified in the Banks.
What is the price-to-earnings (P/E) ratio for Mercantile Bank Corporation (MBWM:NAS)?
Halo FAQ
The current P/E ratio for Mercantile Bank Corporation (MBWM:NAS) is 8.80.

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