Mercantile Bank Corporation (MBWM)
- Previous Close
37.83 - Open
38.04 - Bid 38.28 x 100
- Ask 38.49 x 100
- Day's Range
37.95 - 38.39 - 52 Week Range
26.42 - 42.82 - Volume
9,292 - Avg. Volume
68,558 - Market Cap (intraday)
618.878M - Beta (5Y Monthly) 0.99
- PE Ratio (TTM)
7.44 - EPS (TTM)
5.16 - Earnings Date Jul 16, 2024 - Jul 22, 2024
- Forward Dividend & Yield 1.40 (3.70%)
- Ex-Dividend Date Jun 6, 2024
- 1y Target Est
41.67
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.
www.mercbank.com642
Full Time Employees
December 31
Fiscal Year Ends
Sector
Industry
Recent News: MBWM
Performance Overview: MBWM
Trailing total returns as of 5/31/2024, which may include dividends or other distributions. Benchmark is
.YTD Return
1-Year Return
3-Year Return
5-Year Return
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Statistics: MBWM
Valuation Measures
Market Cap
609.85M
Enterprise Value
--
Trailing P/E
7.33
Forward P/E
8.10
PEG Ratio (5yr expected)
--
Price/Sales (ttm)
2.66
Price/Book (mrq)
1.14
Enterprise Value/Revenue
5.23
Enterprise Value/EBITDA
--
Financial Highlights
Profitability and Income Statement
Profit Margin
37.61%
Return on Assets (ttm)
1.60%
Return on Equity (ttm)
16.50%
Revenue (ttm)
220.18M
Net Income Avi to Common (ttm)
82.81M
Diluted EPS (ttm)
5.16
Balance Sheet and Cash Flow
Total Cash (mrq)
266.89M
Total Debt/Equity (mrq)
--
Levered Free Cash Flow (ttm)
--
Research Analysis: MBWM
Company Insights: MBWM
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