Mercantile Bank (MBWM) Stock Statistics & Valuation Metrics

Mercantile Bank has a market cap or net worth of $746.49M. The enterprise value is ―.

Mercantile Bank has 16,235,209 shares outstanding. The number of shares has decreased by -2.65% in one year.

Mercantile Bank’s return on equity (ROE) is 0.14 and return on invested capital (ROIC) is -16.53%.

The current PE Ratio of Mercantile Bank is 9.02. Mercantile Bank’s PEG ratio is -3.44.

In the last 12 months, Mercantile Bank had revenue of 321.50M and earned 79.59M in profits. Earnings per share was 4.93.

In the last 12 months, operating cash flow was 69.81M and capital expenditures -7.07M, giving a free cash flow of 62.74M billion.

Mercantile Bank pays an annual dividend of $0.37, resulting in a dividend yield of 3.23%

Mercantile Bank upcoming earnings date is Jul 22, 2025, TBA Not Confirmed.

Mercantile Bank as a current ratio of 0.03, with Debt / Equity ratio of 83.20%

In the past 12 months, Mercantile Bank has paid 18.69M in taxes.

Mercantile Bank EV to EBITDA ratio is 0.00, with an EV/FCF ratio of 9.20.

Mercantile Bank has $857.90M in cash and marketable securities with $506.12M in debt, giving a net cash position of -$351.78M billion.

Gross margin is 100.00%, with operating margin of 99.50%, and net profit margin of 24.76%.

The average price target for Mercantile Bank is $50.25, which is 11.43% higher than the current price. The consensus rating is Moderate Buy