Companies

MERCANTILE BANK CORP

MBWM · CIK 0001042729 · operating

$52.54+1.70%Last updated Mar 3, 12:10 AM

Key Statistics

Valuation

Market Cap$902.70M
P/E9.48
Fwd P/E8.89
PEG
P/S3.79
P/B1.25
EV/EBITDA
EV/Rev4.90

Profitability

Gross Margin
Op. Margin
Net Margin
ROE12.24%
ROA1.30%
FCF Margin

Financial Health

Current Ratio
Debt/Equity8.43
Free Cash Flow$17.97M
Div. Yield3.02%

Growth & Other

Revenue Growth
EPS Growth10.95%
Beta0.88
52W High$55.77
52W Low$37.76

About MERCANTILE BANK CORP

MERCANTILE BANK CORP (MBWM) is a state commercial banks company incorporated in MI, listed on the Nasdaq. With a market capitalization of $903 million, MERCANTILE BANK CORP is a small-cap company. The stock currently trades at $52.54, up 1.70% today, with a 52-week range of $37.76–$55.77. The company trades at a trailing P/E of 9.6x and a forward P/E of 8.9x. MERCANTILE BANK CORP pays an annual dividend yield of 2.90%.

Earnings Per Share (Annual · SEC XBRL)

Fiscal years are as reported by the company and may not align with the calendar year. For example, Apple's FY 2024 ends in September 2024.

Fiscal YearEPS DilutedEPS BasicYoY
2025$5.47$5.47+11.0%
2024$4.93$4.93-3.9%
2023$5.13$5.13+33.2%
2022$3.85$3.85+420.3%
2021$0.74$0.74-14.0%
2020$0.86$0.86+6.2%
2019$0.81$0.81+15.7%
2018$0.70$0.70+45.8%
2017$0.48$0.48-2.0%
2016$0.49$0.49+22.5%
2015$0.40$0.40+8.1%
2014$0.37$0.37-37.3%
2013$0.59$0.59+68.6%
2012$0.35$0.35-91.4%
2011$4.07$4.20

Annual Reports (10-K) · 22 filings

Report DateFiledAccession Number
2025-12-312026-02-270001437749-26-005997SEC ↗
2024-12-312025-03-030001437749-25-005844SEC ↗
2023-12-312024-03-010001437749-24-006268SEC ↗
2022-12-312023-03-030001437749-23-005339SEC ↗
2021-12-312022-03-040001437749-22-005284SEC ↗
2020-12-312021-03-050001437749-21-005133SEC ↗
2019-12-312020-03-020001437749-20-004062SEC ↗
2018-12-312019-03-040001437749-19-003867SEC ↗
2017-12-312018-03-050001437749-18-003838SEC ↗
2016-12-312017-03-060001437749-17-003859SEC ↗
2015-12-312016-03-070001437749-16-026935SEC ↗
2014-12-312015-03-100001437749-15-004612SEC ↗
2013-12-312014-02-280001193125-14-074742SEC ↗
2012-12-312013-03-140001193125-13-106327SEC ↗
2011-12-312012-03-140001193125-12-114298SEC ↗
2010-12-312011-03-140000950123-11-025015SEC ↗
2009-12-312010-03-150000950123-10-024460SEC ↗
2008-12-312009-03-120000950152-09-002523SEC ↗
2007-12-312008-03-140000950124-08-001216SEC ↗
2006-12-312007-03-130000950124-07-001448SEC ↗
2005-12-312006-03-140000950124-06-001175SEC ↗
2004-12-312005-03-150000950124-05-001496SEC ↗