Mercantile Bank (MBWM) Stock Statistics & Valuation Metrics

Mercantile Bank has a market cap or net worth of $1.04B. The enterprise value is $1.61K.

Mercantile Bank has 17,274,376 shares outstanding. The number of shares has decreased by -2.65% in one year.

Mercantile Bank’s return on equity (ROE) is 0.12 and return on invested capital (ROIC) is 5.72%.

The current PE Ratio of Mercantile Bank is 10.6. Mercantile Bank’s PEG ratio is 0.82.

In the last 12 months, Mercantile Bank had revenue of 371.80M and earned 88.75M in profits. Earnings per share was 5.46.

In the last 12 months, operating cash flow was 49.26M and capital expenditures -6.17M, giving a free cash flow of 43.09M billion.

Mercantile Bank pays an annual dividend of $0.4, resulting in a dividend yield of 2.55%

Mercantile Bank upcoming earnings date is Oct 20, 2026, TBA (Confirmed).

Mercantile Bank as a current ratio of 0.29, with Debt / Equity ratio of 91.07%

In the past 12 months, Mercantile Bank has paid 13.34M in taxes.

Mercantile Bank EV to EBITDA ratio is 10.66, with an EV/FCF ratio of 101.24.

Mercantile Bank has $48.43M in cash and marketable securities with $703.26M in debt, giving a net cash position of -$654.83M billion.

Gross margin is 67.99%, with operating margin of 27.46%, and net profit margin of 23.87%.

The average price target for Mercantile Bank is $62.75, which is 11.43% higher than the current price. The consensus rating is Hold