Minnow Street Minnow Street
Buy Day today: Neutral (53) Mixed market breadth · no major macro event

Mercantile Bank Corporation (MBWM)

Financial Services Banks - Regional
60.10 $
+0.6% vs. previous close
Closing price · As of: 31. Jul 2026
🔔 Watch stock

Stock Watch

Stock Watch will tell you what changes at Mercantile Bank Corporation.

Later $1 a month per stock — signing up is free, and you'll be the first to know when it launches.

Trading Day

Previous Close
59.70$
Open
59.70$
Day High
61.60$
Day Low
59.20$
Volume
90,811shares

Key levels of the most recently completed trading day — not a live quote.

52-Week Range

52-Week Low 52-Week High
43.10 $ 60.40 $
10/16/2025 07/29/2026

Current price 60.10 $ — 98% of the range above the low.

Lowest and highest closing price over the last 52 weeks. The marker shows where the current price sits within that range: close to the high speaks for strength, close to the low for weakness.

Basics

Market Cap
1.0$B
Shares Outstanding
17Mio.
Float
97.4%
Beta
0.8

Performance

Perf. 1M
9.00%
Perf. 3M
16.80%
Perf. 6M
18.40%
YTD Performance (%)
15.90%
52-Week-High Distance
-0.4%
Perf. 1Y
35.60%
Perf. 3Y
89.41%
Perf. 5Y
130.07%
Perf. 10Y
248.49%
Perf. Since Inception
2,176.97%

Technical Indicators

MA 38 Days
56.80$
MA 50 Days
55.80$
MA 200 Days
51.10$
RSI (14)
61.6
Volatility 30 Days
24.4%
Volatility 250 Days
25.5%

Calculated from the price history · as of 08/03/2026

Valuation

P/E
Forward P/E
10.3
PEG
1.6
P/B
P/S
EV/EBITDA
0.0
Price/FCF
14.9

Profitability

Gross Margin
100.0%
EBIT Margin
Net Margin
36.4%
Return on Equity
13.7%
Return on Assets
1.4%

Balance Sheet & Safety

Equity Ratio
Debt/Equity
Altman Z″
3.51
Piotroski
7 out of 9

Growth

Sales Growth Last Quarter
25.80%
EPS Growth Last Quarter
9.10%
Sales Growth (Year)
2.74%
Forward Sales Growth
5.97%
Forward EPS Growth
5.70%

Dividend

Dividend Yield
2.70%
Dividend Per Share (TTM)
1.54$
Payout Ratio
27.0%
Years Without a Cut
6Years
Increase Streak
6Years

Quality & Screener

Stage
2
RS Rating
58
EPS Rating
58
Piotroski
7 out of 9
Fundamental Rating
B (56 out of 100)
Altman Z″
3.51

AI Rating

Not yet rated — we only show a category once an SEC-backed file with at least two cited passages is available. How the Rating Is Built

Analysts & Price Target

Current Price 60.10 $
Price Target (average) 59.83 $

The price target sits 0.4% below the current price.

Combined picture of the price targets and recommendations of every analyst covering the stock. Price targets are expectations for the next 12 months, not promises — and they often follow the price rather than predict it.

Next Reporting Date

20. Oct 2026 · before the open · Q3 2026
Expected Earnings per Share
1.36 $

Expected date of the next quarterly or annual figures. Dates do shift occasionally — only the invitation issued by the company is binding.

Revenue & Profit

Cash Flow

Balance Sheet

Margins

Per Share

Click the chart or tab into it, then use ← and → to step through the periods.

None of the selected stocks reports this metric. Pick another metric or switch between annual and quarterly.

These companies report in different currencies — switch on “Indexed” or pick a margin for a fair comparison.

The figures could not be loaded right now.

Sales Per Quarter ($M)
2024: Q4 · 92.7 $M Q4 2025: Q1 · 89.0 $M Q1 2025: Q2 · 93.4 $M Q2 2025: Q3 · 96.0 $M Q3 2025: Q4 · 93.3 $M Q4 2026: Q1 · 96.5 $M Q1

Source: fundamental data

Compare with other stocks →

Quarterly Figures

Quarterly Figures
Quarter EPS (Earnings Per Share) EPS YoY (%) Sales ($M) Sales YoY (%) Net Margin (%) OCF ($M) FCF ($M)
2024: Q4 1.22 -2.60 93 12.90 21.20 60 59
2025: Q1 1.21 -9.80 89 1.70 21.90 -3 -5
2025: Q2 1.39 19.70 93 5.50 24.20 -8 -10
2025: Q3 1.46 20.40 96 3.20 24.70 23 21
2025: Q4 1.40 15.50 93 0.70 24.50 6 5
2026: Q1 1.32 9.10 97 8.40 23.50 28 27
2026: Q2 1.50 7.90 15 15
What Do These Terms Mean?
EPS (Earnings Per Share):
Quarterly profit divided by the total share count — how much of the profit works out to a single share.
YoY (Year over Year):
Change versus the same quarter a year ago — this is how you compare without seasonal distortion (e.g. the holiday shopping season).
Sales:
All revenue for the quarter, before any costs are deducted — the top line of the income statement.
Net Margin:
What percentage of sales is left over as profit in the end. Negative means the company is posting a loss.
OCF (Operating Cash Flow):
The cash that actually flows into the till from the core business during the quarter — harder to dress up than book profit.
FCF (Free Cash Flow):
Operating cash flow minus capital expenditures — the money that's genuinely free to use, say for paying down debt, buybacks, or dividends.

About the Company

Mercantile Bank Corporation ist die Bankholding der Mercantile Bank, die kleinen und mittleren Unternehmen sowie Privatpersonen in den USA Geschäfts- und Privatkundenbankdienstleistungen anbietet. Das Unternehmen nimmt verschiedene Einlagenprodukte an, darunter Giro-, Spar- und Termineinlagen…

Employees766
HeadquartersGrand Rapids, MI
Websitemercbank.com
IPO Date7. Aug 1997

Management

Management
Name Title Birth Year
Raymond E. Reitsma President, CEO & Director 1963
Charles E. Christmas Executive VP, CFO & Treasurer 1966
Scott P. Setlock Executive VP, COO & Secretary 1982
Brett E. Hoover Executive VP & Chief Human Resource Officer 1971
Mark S. Augustyn Executive VP & Chief Commercial Banking Officer of the Mercantile Bank 1968
Sonali D. Allen Senior VP and Chief Compliance & Community Development Officer of Mercantile Bank
Jeff Kaiser Senior VP & Head of Risk Management Department
Douglas J. Holtrop Executive VP & Senior Lending Officer of Mercantile Bank
Tara M. Randall Executive VP & Chief Experience Officer of Mercantile Bank
Justin M. Karl Executive VP & Senior Lending Officer of Mercantile Bank

Executives per the latest required filings; titles kept in their original language. Source: fundamental data.

Chart

Interactive price chart (TradingView).

Data as of: July 31, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)

Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.

Was this page helpful to you?