Mercantile Bank Corporation (MBWM)

Name: Mercantile Bank Corporation (MBWM) Share Price Today, Stock Analysis, Annual Report | Value Research
Brand: Mercantile Bank Corporation (MBWM)

Stock Card

$62.14

$0.41 (0.66%)

As on 04-Sep-2026 16:00EDT

Market cap

$1,074 Mln

Revenue (TTM)

$384 Mln

P/E Ratio

10.8

P/B Ratio

1.4

Div. Yield

2.5 %

Mercantile Bank (MBWM) Share Price

Compare

High: Low: Return:

Price P/E Ratio P/B Ratio

Stock Range

Today’s Range

Low: 60.66 High: 62.32

52 Week Range

Low: 42.75 High: 62.39

Liquidity

Low Moderate High

Fundamentals

Net Profit (TTM)

$0 Mln
ROE

0.1 %
ROCE

-- %
Industry P/E

12.95
EV/EBITDA

0
Debt to Equity

0.5
Book Value

$--
EPS

$5.7
Face value

--
Shares outstanding

17,285,929

10 Years Aggregate

CFO

$527.62 Mln

EBITDA

$676.07 Mln

Net Profit

$445.46 Mln

Company	YTD	1 Month	3 Months	1 Year	3 Years	5 Years	10 Years
Mercantile Bank (MBWM)	29.2	2.3	22.1	27.6	22.0	15.0	8.7
BSE Sensex^*	-10.4	-3.4	2.2	-6.0	4.6	5.4	10.1
S&P Small-Cap 600^#	-5.8	-5.3	-13.7	-6.3	5.3	3.0	5.5

As on 04-Sep-2026 | *As on 08-Sep-2026 | #As on 26-Oct-2023

Company	2025	2024	2023	2022	2021	2020	2019
Mercantile Bank (MBWM)	8.1	10.1	20.6	-4.4	28.9	-25.5	29.1
S&P Small-Cap 600	4.0	7.0	13.9	-17.4	25.3	9.6	20.9
BSE Sensex	9.1	8.1	18.7	4.4	22.0	15.8	14.4

Financials

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Key Ratios

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Peers

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Company	Price ($)	Market Cap ($ Mln)	Revenue (TTM)	Net Profit (TTM)	OPM (%)	ROE (%)	P/E	P/B
Mercantile Bank (MBWM)	62.1	1,074.2	384.1	95.2	28.8	12.9	10.8	1.4
Banco Santander - Chile ADS - ADR	35.7	16,894.2	4,850,848.0	1,127,054.0	28.3	20.8	14	3.1
Cullen/Frost Bankers (CFR)	162.6	10,113.5	2,643.3	683.7	30.8	14.9	15.3	2.2
East West Bancorp (EWBC)	130.8	17,917.0	4,715.7	1,446.2	39.4	15.9	12.5	1.9
First Horizon National Corporation (FHN)	24.9	11,816.0	4,633.0	1,057.0	22.5	11.6	12	1.4
Old National Bancorp (ONB)	26.0	9,962.1	4,032.4	886.3	28.7	10.4	11.5	1.2
South State Corp (SSB)	108.0	10,471.3	3,247.6	950.2	16.0	10.4	11.2	1.1
UMB Financial (UMBF)	143.8	10,918.6	4,560.4	942.7	22.1	12	12	1.4
Wintrust Financial (WTFC)	154.1	10,396.2	4,345.8	900.4	20.7	12.2	12.4	1.4
Woori Financial Group Inc (WF)	74.9	18,773.6	9,224,158.7	3,289,261.2	27.9	8.5	8.5	0.6

Shareholding Pattern

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About Mercantile Bank (MBWM)

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. Read more

President, CEO & Director

Mr. Robert B. Kaminski Jr.
Executive VP & Chief Human Resource Officer

Mr. Brett E. Hoover
Headquarters

Grand Rapids, MI
Website

https://www.mercbank.com

FAQs for Mercantile Bank (MBWM)

What is the current share price of Mercantile Bank Corporation (MBWM) Today?

The share price of Mercantile Bank Corporation (MBWM) is $62.14 (NASDAQ) as of 04-Sep-2026 16:00 EDT. Mercantile Bank Corporation (MBWM) has given a return of 21.98% in the last 3 years.

What is the current PB & PE ratio of Mercantile Bank Corporation (MBWM)?

The P/E ratio of Mercantile Bank Corporation (MBWM) is 10.84 times as on 04-Sep-2026, a 16 discount to its peers’ median range of 12.95 times.
The P/B ratio of Mercantile Bank Corporation (MBWM) is 1.40 times as on 04-Sep-2026, a 6 premium to its peers’ median range of 1.32 times.

PE & PB ratio at the end of financial year.

Year	P/E Ratio	P/B Ratio
2025	8.81	1.08
2024	9.02	1.23
2023	7.88	1.24
2022	8.71	1.21
2021	9.32	1.20

What is the 52 Week High and Low of Mercantile Bank Corporation (MBWM)?

The 52-week high and low of Mercantile Bank Corporation (MBWM) are Rs 62.39 and Rs 42.75 as of 08-Sep-2026.

What is the market cap of Mercantile Bank Corporation (MBWM)?

Mercantile Bank Corporation (MBWM) has a market capitalisation of $ 1,074 Mln as on 04-Sep-2026. As per SEBI classification, it is a Small Cap company.

Should I invest in Mercantile Bank Corporation (MBWM)?

Before investing in Mercantile Bank Corporation (MBWM), assess your goals, risk tolerance, and if the company aligns with your long-term plan. Carefully review its business model, financials, and valuation. Avoid making decisions based on tips or short-term trends.

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