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Mercantile Bank Corp. XNAS: MBWM

Mercantile Bank Corp. Live Share Price Today, Share Analysis and Chart

40.26 -0.42 (-1.03%)

57,045 XNAS Volume

XNAS 21 Apr, 2025 5:30 PM (EDT)

Board Meeting
The board meeting for Mercantile Bank Corp. is scheduled for today, for the purpose of Mercantile Bank Corp First Quarter Earnings Result for 2025 See details

Mercantile Bank Corp. Key Metrics

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All financials are in USD Million and price data in USD
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Medium Financial Strength
38.9 / 100
Affordable Valuation
52.7 / 100
Technically Neutral
39.0 / 100
Mid-range Performer These stocks may be affordable or expensive, based on their medium quality and mid-range technical score. However, their reasonable financials are successful in gathering some investor interest. View Similar Embed DVM

Mercantile Bank Corp. Live Price Chart

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Forecaster - Analyst Share Price Target and Estimates

Revenue forecast

Created with Highcharts 7.2.2Dec '22Dec '23Dec '24Dec '25Dec '26200250150300Actual RevenueAvg. Estimate
Hit

Mercantile Bank Corp.'s Revenue was higher than average estimate 3 times in past 3 years

EPS forecast

Current EPS
4.9
Avg. Estimate
4.8
Low Estimate
4.7
High Estimate
5
Current EPS
Avg. Estimate
Miss

EPS is expected to reduce by 2.0% in FY25

Consensus Recommendation

4 ANALYST Recommendations
BUY

Created with Highcharts 7.2.22Hold1Buy1Strong Buy

The consensus recommendation from 4 analysts for Mercantile Bank Corp. is BUY

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Mercantile Bank Corp. Stock Analysis

Mercantile Bank Corp. stock analysis with key metrics, changes, and trends.

Mercantile Bank Corp. MetricVALUECHANGE %TRENDANALYSIS
Annual Revenue$231.48 M2.56%positive

Annual Revenue rose 2.56%, in the last year to $231.48 M. Its sector's average revenue growth for the last fiscal year was 8.64%.

Annual Net Profit$79.59 M3.19%negative

Annual Net Profit fell 3.19% in the last year to $79.59 M. Its sector's average net profit growth for the last fiscal year was 17.56%.

Price to Earning Ratio8.21-positive

Price to Earning Ratio is 8.21, lower than its sector PE ratio of 13.03.

Stock Price$40.2611.62%negative

Stock Price rose 11.62% and underperformed its sector by 5.24% in the past year.

Quarterly Revenue$58.53 M2.78%positive

Quarterly Revenue rose 2.78% YoY to $58.53 M. Its sector's average revenue growth YoY for the quarter was -2.2%.

Quarterly Net profit$19.63 M2.02%negative

Quarterly Net profit fell 2.02% YoY to $19.63 M. Its sector's average net profit growth YoY for the quarter was 39.9%.

Debt to Equity Ratio0.9-positive

Debt to Equity Ratio of 0.9 is less than 1 and healthy. This implies that its assets are financed mainly through equity.

Return on Equity(ROE)14.38 %14.38%neutral

Return on Equity(ROE) for the last financial year was 14.38%, in the normal range of 10% to 20%.

Mutual Fund Holding46.13 %-68.18%negative

Mutual Fund Holding decreased by 68.18% in the last quarter to 46.13.

Promoter Share Holding2.27 %0.18%positive

Promoter Share Holding increased by 0.18% in the most recent quarter to 2.27%.

Institutional Holding63.19 %-0.34%negative

Institutional Holding decreased by 0.34% in the last quarter to 63.19.

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Mercantile Bank Corp. - Company Profile

What does Mercantile Bank Corp. do?

Mercantile Bank Corp operates as a bank holding company. It offers various commercial banking services to individuals, businesses, governmental units, and other institutions. These services include deposit products such as checking, savings, and term certificate accounts and lending products such as commercial, residential mortgage, and installment loans. The company generates revenue from interest and dividends earned on loans, securities, and other financial instruments.

Mercantile Bank Corp. Management structure

All Gross Remunerations are in USD
Mr. Raymond E. Reitsma
Director; President and Chief Executive Officer of Company and Bank
1.18 M
2024
Gross Remuneration
Year
Mr. Charles E. Christmas
Treasurer; Executive Vice President and Chief Financial Officer of the Company and the Bank
676.83 K
2024
Gross Remuneration
Year
Mr. Mark A. Augustyn
Executive Vice President and Chief Commercial Banking Officer of the Bank
653.98 K
2024
Gross Remuneration
Year
Mr. Robert B. Kaminski, Jr
Director and President; Chief Executive Officer of the Company and Bank
598.62 K
2024
Gross Remuneration
Year
Mr. Scott P. Setlock
Executive Vice President, Chief Operating Officer and Secretary of the Company and of Bank
514.76 K
2024
Gross Remuneration
Year
Mr. Brett E. Hoover
Executive Vice President and Chief Human Resource Officer of the Company and the Bank
415.55 K
2024
Gross Remuneration
Year

Mercantile Bank Corp. Board of directors

All Gross Remunerations are in USD
Mr. Michael H. Price
Chairman of the Board of the Company and Bank
106.13 K
2024
Gross Remuneration
Year
Ms. Amy L. Sparks
Independent Director
81.25 K
2024
Gross Remuneration
Year
Ms. Michelle L. Eldridge
Independent Director
80.44 K
2024
Gross Remuneration
Year
Mr. David B. Ramaker
Independent Director
78.57 K
2024
Gross Remuneration
Year
Mr. Michael S. Davenport
Independent Director
74.24 K
2024
Gross Remuneration
Year
Mr. Nelson F. Sanchez
Independent Director
70.41 K
2024
Gross Remuneration
Year

Mercantile Bank Corp. FAQ

How is Mercantile Bank Corp. today?
Mercantile Bank Corp. today is trading in the red, and is down by -1.03% at 40.26.
Mercantile Bank Corp. is currently trading down -1.03% on an intraday basis. In the past week the stock rose 4.49%. stock has been down -8.93% in the past quarter and rose 11.62% in the past year. You can view this in the overview section.