Mercantile Bank MBWM Stock
Mercantile Bank Price Chart
Mercantile Bank MBWM Financial and Trading Overview
| Mercantile Bank stock price | 48.09 USD |
| Previous Close | 29.43 USD |
| Open | 29.28 USD |
| Bid | 0 USD x 800 |
| Ask | 0 USD x 800 |
| Day's Range | 29.28 - 30.35 USD |
| 52 Week Range | 23.89 - 39.03 USD |
| Volume | 36.61K USD |
| Avg. Volume | 39.38K USD |
| Market Cap | 483.02M USD |
| Beta (5Y Monthly) | 1.005281 |
| PE Ratio (TTM) | 6.814899 |
| EPS (TTM) | 4.93 USD |
| Forward Dividend & Yield | 1.32 (4.48%) |
| Ex-Dividend Date | June 1, 2023 |
| 1y Target Est | 36.25 USD |
MBWM Valuation Measures
| Enterprise Value | 1.18B USD |
| Trailing P/E | 6.814899 |
| Forward P/E | 7.882507 |
| PEG Ratio (5 yr expected) | 0.86 |
| Price/Sales (ttm) | 2.4438987 |
| Price/Book (mrq) | 1.033621 |
| Enterprise Value/Revenue | 5.958 |
| Enterprise Value/EBITDA | N/A |
Trading Information
Mercantile Bank Stock Price History
| Beta (5Y Monthly) | 1.005281 |
| 52-Week Change | -3.36% |
| S&P500 52-Week Change | 20.43% |
| 52 Week High | 39.03 USD |
| 52 Week Low | 23.89 USD |
| 50-Day Moving Average | 27.55 USD |
| 200-Day Moving Average | 31.78 USD |
MBWM Share Statistics
| Avg. Volume (3 month) | 39.38K USD |
| Avg. Daily Volume (10-Days) | 38.44K USD |
| Shares Outstanding | 16M |
| Float | 14.79M |
| Short Ratio | 2.97 |
| % Held by Insiders | 8.24% |
| % Held by Institutions | 57.48% |
| Shares Short | 107.67K |
| Short % of Float | 0.68% |
| Short % of Shares Outstanding | 0.67% |
Dividends & Splits
| Trailing Annual Dividend Rate | 1.28 |
| Trailing Annual Dividend Yield | 4.34% |
| 5 Year Average Dividend Yield | 363.00% |
| Payout Ratio | 0.2889 |
| Last Split Factor | 105:100 |
Financial Highlights
Fiscal Year
| Fiscal Year Ends | December 31, 2022 |
| Most Recent Quarter (mrq) | March 31, 2023 |
| Next Fiscal Year End | December 31, 2023 |
Profitability
| Profit Margin | 35.69% |
| Operating Margin (ttm) | 45.46% |
| Gross Margin | 0% |
| EBITDA Margin | 0% |
Management Effectiveness
| Return on Assets (ttm) | 1.40% |
| Return on Equity (ttm) | 15.60% |
Income Statement
| Revenue (ttm) | 197.64M USD |
| Revenue Per Share (ttm) | 12.43 USD |
| Quarterly Revenue Growth (yoy) | 36.60% |
| Gross Profit (ttm) | 182.97M USD |
| EBITDA | N/A |
| Net Income Avi to Common (ttm) | 70.55M USD |
| Diluted EPS (ttm) | 4.43 |
| Quarterly Earnings Growth (yoy) | 82.50% |
Balance Sheet
| Total Cash (mrq) | 80.81M USD |
| Total Cash Per Share (mrq) | 5.05 USD |
| Total Debt (mrq) | 787.54M USD |
| Total Debt/Equity (mrq) | N/A |
| Current Ratio (mrq) | N/A |
| Book Value Per Share (mrq) | 29.208 |
Cash Flow Statement
| Operating Cash Flow (ttm) | 110.04M USD |
| Levered Free Cash Flow (ttm) | N/A |
Profile of Mercantile Bank
| Country | United States |
| State | MI |
| City | Grand Rapids |
| Address | 310 Leonard Street NW |
| ZIP | 49504 |
| Phone | 616 406 3000 |
| Website | https://www.mercbank.com |
| Industry | Banks-Regional |
| Sector(s) | Financial Services |
| Full Time Employees | 633 |
Mercantile Bank Corporation operates as the bank holding company for Mercantile Bank of Michigan that provides commercial and retail banking services to small- to medium-sized businesses and individuals in the United States. It accepts various deposit products, including checking, savings, and term certificate accounts; time deposits; and certificates of deposit. The company 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; and 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, it offers courier services and safe deposit facilities; 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. The company was incorporated in 1997 and is headquartered in Grand Rapids, Michigan.
Q&A For Mercantile Bank Stock
What is a current MBWM stock price?
Mercantile Bank MBWM stock price today per share is 48.09 USD.
How to purchase Mercantile Bank stock?
You can buy MBWM shares on the NasdaqGS exchange. Contact your financial advisor to select a broker.
What is the ticker symbol for Mercantile Bank?
The stock symbol or ticker of Mercantile Bank is MBWM.
Which industry does the Mercantile Bank company belong to?
The Mercantile Bank industry is Banks-Regional.
How many shares does Mercantile Bank have in circulation?
The max supply of Mercantile Bank shares is 16.15M.
What is Mercantile Bank Price to Earnings Ratio (PE Ratio)?
Mercantile Bank PE Ratio is 9.75456400 now.
What was Mercantile Bank earnings per share over the trailing 12 months (TTM)?
Mercantile Bank EPS is 4.93 USD over the trailing 12 months.
Which sector does the Mercantile Bank company belong to?
The Mercantile Bank sector is Financial Services.
Mercantile Bank MBWM included in indexes
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| NASDAQ Composite IXIC | 18350.19 USD — |
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| NASDAQ Global Select Market Com NQGS | 8980.1 USD — |
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| NASDAQ US Broad Dividend Achiev DAA | 3844.53 USD — |
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| ABA Community Bank NASDAQ ABAQ | 393.47 USD — |
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| NASDAQ Composite Total Return I XCMP | 22440.37 USD — |
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| NASDAQ Bank BANK | 4434.23 USD — |
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