Mercantile Bank (MBWM) Stock Price
Mercantile Bank Price
Over the last 19 years Mercantile Bank grew revenue by 7.0% annually, reaching 242.65 M USD. Earnings per share have grown at 4.8% per year over the last 19 years. For Mercantile Bank, the net margin of 36.6% is up versus 32.9% a few years ago. At today's price the dividend yield works out to roughly 2.44%. The payout ratio is around 27% of earnings. The dividend has grown at 6.2% per year over the past 19 years. The consensus 12-month price target for Mercantile Bank is 63.50 USD, about 3.2% above where the stock trades today. Of 12 analysts, 7 rate the stock a buy — an overall Buy consensus.
Mercantile Bank stock price
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Mercantile Bank business model & stock analysis
Frequently asked questions about Mercantile Bank
The business model of Mercantile Bank Corp revolves around providing financial services to individuals, businesses, and communities. As a community bank, Mercantile Bank Corp focuses on building strong relationships with customers while offering a comprehensive range of banking solutions. The company offers various personal and commercial banking products including checking accounts, savings accounts, loans, mortgages, and investment services. With a commitment to customer satisfaction and community engagement, Mercantile Bank Corp aims to support the financial needs of its clients and contribute to the growth and development of the communities it serves.
Mercantile Bank Corp is primarily active in the banking and financial services industry.
The main competitors of Mercantile Bank Corp in the market include Fifth Third Bancorp, Huntington Bancshares Inc., and Independent Bank Corporation.
Mercantile Bank Corp is a financial institution with a rich history and background. Established in 1997, Mercantile Bank Corp has grown to become a leading community bank, serving individuals and businesses in Michigan. With its headquarters in Grand Rapids, the bank prides itself on offering personalized banking solutions and exceptional customer service. Over the years, Mercantile Bank Corp has built a strong reputation for its commitment to community development and involvement, supporting local businesses and initiatives. The company's dedication to providing innovative financial services has earned it a trusted position in the banking industry, catering to the diverse needs of its clients.
Mercantile Bank Corp has achieved significant milestones since its establishment. The company has experienced consistent growth and expansion, strengthening its position as a leading financial institution. Some noteworthy achievements include the successful acquisition of various banks and financial institutions, further enhancing its market presence and customer base. Additionally, Mercantile Bank Corp has received recognition for its exceptional financial performance and customer service, earning prestigious awards and accolades within the industry. By consistently delivering innovative banking solutions and maintaining a strong focus on customer satisfaction, Mercantile Bank Corp has solidified its reputation as a trusted and reliable financial partner.
Mercantile Bank Corp primarily operates in the United States, specifically in the state of Michigan. The bank serves individuals, businesses, and communities within Michigan through its various branches and online banking services. While focusing its operations in the Michigan region, Mercantile Bank Corp aims to provide reliable financial solutions tailored to the local communities it serves.
Mercantile Bank Corp represents values of integrity, excellence, and customer service. With a strong corporate philosophy focused on building lasting relationships, Mercantile Bank Corp strives to provide exceptional financial solutions to its customers. Committed to operating with honesty and transparency, the company values the trust and confidence placed in them by their clients. Mercantile Bank Corp's dedication to delivering superior banking services and personalized support sets them apart in the industry. By upholding these values and corporate principles, Mercantile Bank Corp endeavors to be a trusted partner for individuals and businesses seeking reliable banking solutions.
Analysts currently set an average price target of 63.50 USD for the Mercantile Bank stock (median: 63.50 USD), implying +3.2 % versus the latest price. The consensus is based on 12 analyst ratings.
12 analysts currently rate the Mercantile Bank stock: 7 recommend buying, 5 holding and 0 selling. For 2026, analysts expect Mercantile Bank to generate revenue of 282.29 M USD and earnings per share of 5.92 USD.
Converted at the current exchange rate, the Mercantile Bank share trades at 54.78 EUR (61.56 USD).
The Mercantile Bank share (MBWM) is listed on 2 stock exchanges, including: NASDAQ (MBWM), Frankfurt (MCS.F).
Mercantile Bank Corp is a regional bank based in Michigan, USA, that offers a variety of financial products and services to individuals, small businesses, and medium-sized enterprises. It operates a network of branches and ATMs in Michigan, Wisconsin, and Illinois. The bank's business model is centered around attracting deposits from individual customers and small businesses, which are then lent out to borrowers in the form of loans. The company also offers online banking services to provide customers with 24/7 access to their accounts. It is divided into four business segments: deposits, loans, wealth management, and treasury services. The bank offers various deposit products, including checking accounts, savings accounts, CDs, and IRA accounts. It also provides loans such as mortgages, auto loans, personal loans, credit lines, and commercial loans. The wealth management division offers investment products, financial planning services, and insurance. The treasury services division provides services like cash management, payment processing, online banking, and mobile deposits. In summary, Mercantile Bank Corp offers a range of financial products and services to meet the needs and goals of its customers.
The expected revenue of Mercantile Bank is 282.29 M USD. This figure is based on current financial data and reflects the company's business performance.
The expected profit of Mercantile Bank is 96.25 M USD. The net profit reflects the company's profitability after deducting all expenses.
The price-to-earnings ratio (P/E) of Mercantile Bank is currently 10.40. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Mercantile Bank stock.
The price-to-sales ratio (P/S) of Mercantile Bank is currently 3.55. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Mercantile Bank stock.
The Eulerpool Quality Score for Mercantile Bank is 8/10.
The ISIN of Mercantile Bank is US5873761044. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The WKN of Mercantile Bank is 675407. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.
The ticker of Mercantile Bank is MBWM. The ticker symbol is used to trade Mercantile Bank shares on the stock exchange.
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All fundamentals and in-depth analysis of Mercantile Bank
Our stock analysis for Mercantile Bank stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Mercantile Bank. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.