Mercantile Bank/$MBWM
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About Mercantile Bank
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.
Ticker
$MBWM
Sector
Primary listing
Employees
683
Headquarters
Website
Mercantile Bank Metrics
BasicAdvanced
$703M
8.21
$5.27
0.88
$1.48
3.51%
Price and volume
Market cap
$703M
Beta
0.88
52-week high
$50.52
52-week low
$37.76
Average daily volume
68K
Dividend rate
$1.48
Financial strength
Profitability
Net profit margin (TTM)
36.60%
Operating margin (TTM)
44.97%
Effective tax rate (TTM)
15.03%
Revenue per employee (TTM)
$340,000
Management effectiveness
Return on assets (TTM)
1.40%
Return on equity (TTM)
13.79%
Valuation
Price to earnings (TTM)
8.212
Price to revenue (TTM)
3.001
Price to book
1.07
Price to tangible book (TTM)
1.16
Dividend yield (TTM)
3.42%
Forward dividend yield
3.51%
Growth
Revenue change (TTM)
5.19%
Earnings per share change (TTM)
6.26%
3-year revenue growth (CAGR)
9.59%
3-year earnings per share growth (CAGR)
17.90%
10-year earnings per share growth (CAGR)
12.66%
3-year dividend per share growth (CAGR)
6.08%
10-year dividend per share growth (CAGR)
10.41%
Bulls say / Bears say
Second-quarter 2025 net income increased by 20% to $22.6 million, or $1.39 per diluted share, achieving the company’s strongest profit growth in a year (Washington Post).
Q2 2025 earnings per share came in at $1.39, beating the Zacks consensus estimate of $1.23 and producing a 13% earnings surprise, showing management’s ability to outperform analyst forecasts (Washington Post).
Quarterly revenue, net of interest expense, was $60.9 million in Q2 2025, topping analysts’ forecast of $60.4 million as mortgage banking and treasury management fees continued to grow (Washington Post).
Data summarised monthly by Lightyear AI. Last updated on 2 Oct 2025.
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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Capital at risk
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FAQs
What’s the current market cap for Mercantile Bank stock?
Mercantile Bank (MBWM) has a market cap of $703M as of October 30, 2025.
What is the P/E ratio for Mercantile Bank stock?
The price to earnings (P/E) ratio for Mercantile Bank (MBWM) stock is 8.21 as of October 30, 2025.
Does Mercantile Bank stock pay dividends?
Yes, the Mercantile Bank (MBWM) stock pays dividends to shareholders. As of October 30, 2025, the dividend rate is $1.48 and the yield is 3.51%. Mercantile Bank has a payout ratio of 0% on a trailing twelve-month basis.
When is the next Mercantile Bank dividend payment date?
The next Mercantile Bank (MBWM) dividend payment is scheduled for December 17, 2025.
What is the beta indicator for Mercantile Bank?
Mercantile Bank (MBWM) has a beta rating of 0.88. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.