MBWM

Financial Services Banks - Regional

Mercantile Bank Corporation

$59.50
+0.67 +1.14% today

Price History

Not enough data

Key Stats

Market Cap
1.03B
Avg Volume
118,760
P/E (TTM)
10.55
EPS
$5.64
52W High
$62.95
52W Low
$42.75
Div. Yield
2.6%

Analyst Ratings

Buy
2
Str Buy
0
Buy
4
Hold
0
Sell
0
Str Sell

Valuation

Forward P/E
10.34
P/B Ratio
1.36
P/S Ratio
3.90
EV/Revenue
5.23
PEG Ratio
1.63

Margins

Gross Margin 0.0%
Operating Margin 45.6%
Net Margin 36.1%
EBITDA Margin 0.0%

Growth & Returns

Revenue Growth (YoY)
18.9%
Earnings Growth (YoY)
7.9%
Earnings Growth (QoQ)
14.6%
Return on Equity
13.7%
Return on Assets
1.5%

Liquidity & Leverage

Total Cash
357.85M
Total Debt
709.53M

About

Mercantile Bank Corporation operates as the bank holding company for Mercantile Bank that provides commercial and retail banking services to small- to medium-sized businesses and individuals in the United States. The company accepts various deposit products, such as checking, savings, and term certificate accounts; time deposits; and certificates of deposit. It also provides commercial and industrial loans; vacant land, land development, and residential construction loans; owner and non-owner occupied real estate loans; multi-family and residential rental property loans; single-family residential real estate loans; home equity line of credit programs; consumer loans, such as new and used automobile and boat loans, and credit cards, as well as overdraft protection services; and residential mortgage and instalment loans. In addition, the company offers courier services and safe deposit boxes; and insurance products, such as private passenger automobile, homeowners, personal inland marine, boat owners, recreational vehicle, dwelling fire, umbrella policies, small business, and life insurance products. Mercantile Bank Corporation was incorporated in 1997 and is headquartered in Grand Rapids, Michigan.

www.mercbank.com