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    Mercantile Bank Corporati...

    NASDAQ: MBWM · Real-Time Price · USD
    43.30
    -0.22 (-0.51%)
    At close: Jun 16, 2025, 3:59 PM
    43.32
    0.03%
    After-hours: Jun 16, 2025, 04:04 PM EDT

    Mercantile Bank Statistics

    Share Statistics

    Mercantile Bank has 16.24M shares outstanding. The number of shares has increased by 0.68% in one year.

    Shares Outstanding

    n/a
    		 16.24M

    Shares Change (YoY)

    n/a
    		 0.68%

    Shares Change (QoQ)

    n/a
    		 0.55%

    Owned by Institutions (%)

    n/a
    		 63.74%

    Shares Floating

    n/a
    		 15.42M

    Failed to Deliver (FTD) Shares

    n/a
    		 30

    FTD / Avg. Volume

    n/a
    		 0.05%

    Short Selling Information

    The latest short interest is 139.08K, so 0.86% of the outstanding shares have been sold short.

    Short Interest

    n/a
    		 139.08K

    Short % of Shares Out

    n/a
    		 0.86%

    Short % of Float

    n/a
    		 0.99%

    Short Ratio (days to cover)

    n/a
    		 3.2

    Valuation Ratios

    The PE ratio is 9.02 and the forward PE ratio is 8.64. Mercantile Bank's PEG ratio is -2.31.

    PE Ratio

    n/a
    		 9.02

    Forward PE

    n/a
    		 8.64

    PS Ratio

    n/a
    		 2.23

    Forward PS

    n/a
    		 2.8

    PB Ratio

    n/a
    		 1.23

    P/FCF Ratio

    n/a
    		 7.75

    PEG Ratio

    n/a
    		 -2.31
    Financial Ratio History

    Enterprise Valuation

    Mercantile Bank has an Enterprise Value (EV) of 851.37M.

    EV / Sales

    n/a
    		 2.65

    EV / EBITDA

    n/a
    		 0

    EV / EBIT

    n/a
    		 8.42

    EV / FCF

    n/a
    		 9.2

    Financial Position

    The company has a current ratio of 0.03, with a Debt / Equity ratio of 0.9.

    Current Ratio

    n/a
    		 0.03

    Quick Ratio

    n/a
    		 0.03

    Debt / Equity

    n/a
    		 0.9

    Debt / EBITDA

    n/a
    		 n/a

    Debt / FCF

    n/a
    		 5.69

    Interest Coverage

    n/a
    		 2.45

    Financial Efficiency

    Return on Equity is 13.62% and Return on Invested Capital is -16.53%.

    Return on Equity

    n/a
    		 13.62%

    Return on Assets

    n/a
    		 1.32%

    Return on Invested Capital

    n/a
    		 -16.53%

    Revenue Per Employee

    n/a
    		 $485,652.57

    Profits Per Employee

    n/a
    		 $120,231.12

    Employee Count

    n/a
    		 662

    Asset Turnover

    n/a
    		 0.05

    Inventory Turnover

    n/a
    		 n/a

    Taxes

    Income Tax

    n/a
    		 18.69M

    Effective Tax Rate

    n/a
    		 19.02%

    Stock Price Statistics

    The stock price has increased by 17.82% in the last 52 weeks. The beta is 0.9, so Mercantile Bank's price volatility has been higher than the market average.

    Beta

    n/a
    		 0.9

    52-Week Price Change

    n/a
    		 17.82%

    50-Day Moving Average

    n/a
    		 43.06

    200-Day Moving Average

    n/a
    		 45.26

    Relative Strength Index (RSI)

    n/a
    		 44.25

    Average Volume (20 Days)

    n/a
    		 58,882

    Income Statement

    In the last 12 months, Mercantile Bank had revenue of 321.5M and earned 79.59M in profits. Earnings per share was 4.93.

    Revenue

    n/a
    		 321.5M

    Gross Profit

    n/a
    		 321.5M

    Operating Income

    n/a
    		 319.9M

    Net Income

    n/a
    		 79.59M

    EBITDA

    n/a
    		 n/a

    EBIT

    n/a
    		 -10.51M

    Earnings Per Share (EPS)

    n/a
    		 4.93
    Full Income Statement

    Balance Sheet

    The company has 393.01M in cash and 526.73M in debt, giving a net cash position of -133.72M.

    Cash & Cash Equivalents

    n/a
    		 393.01M

    Total Debt

    n/a
    		 526.73M

    Net Cash

    n/a
    		 -133.72M

    Retained Earnings

    n/a
    		 n/a

    Total Assets

    n/a
    		 6.14B

    Working Capital

    n/a
    		 857.9M
    Full Balance Sheet

    Cash Flow

    In the last 12 months, operating cash flow was 101.12M and capital expenditures 0, giving a free cash flow of 92.59M.

    Operating Cash Flow

    n/a
    		 101.12M

    Capital Expenditures

    n/a
    		 n/a

    Free Cash Flow

    n/a
    		 92.59M

    FCF Per Share

    n/a
    		 5.74
    Full Cash Flow Statement

    Margins

    Gross margin is 100%, with operating and profit margins of 99.5% and 24.76%.

    Gross Margin

    n/a
    		 100%

    Operating Margin

    n/a
    		 99.5%

    Pretax Margin

    n/a
    		 30.57%

    Profit Margin

    n/a
    		 24.76%

    EBITDA Margin

    n/a
    		 n/a

    EBIT Margin

    n/a
    		 99.5%

    FCF Margin

    n/a
    		 28.8%

    Dividends & Yields

    MBWM pays an annual dividend of $1.81, which amounts to a dividend yield of 3.28%.

    Dividend Per Share

    n/a
    		 $1.81

    Dividend Yield

    n/a
    		 3.28%

    Dividend Growth (YoY)

    n/a
    		 5.71%

    Payout Ratio

    n/a
    		 37.71%

    Earnings Yield

    n/a
    		 11.09%

    FCF Yield

    n/a
    		 12.9%
    Dividend Details

    Analyst Forecast

    The average price target for MBWM is $52.25, which is 20.7% higher than the current price. The consensus rating is "Hold".

    Price Target

    n/a
    		 $52.25

    Price Target Difference

    n/a
    		 20.7%

    Analyst Consensus

    n/a
    		 Hold

    Analyst Count

    n/a
    		 2
    Stock Forecasts

    Fair Value

    There are several formulas that can be used to estimate the intrinsic value of a stock.

    Lynch Fair Value

    n/a
    		 $62.66

    Lynch Upside

    n/a
    		 44.71%

    Graham Number

    n/a
    		 63.43

    Graham Upside

    n/a
    		 46.49%

    Stock Splits

    The last stock split was on Apr 19, 2007. It was a forward split with a ratio of 21:20.

    Last Split Date

    n/a
    		 Apr 19, 2007

    Split Type

    n/a
    		 forward

    Split Ratio

    n/a
    		 21:20

    Scores

    Altman Z-Score

    n/a
    		 0.42

    Piotroski F-Score

    n/a
    		 5

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