Mercantile Bank Corporation

MBWM· NASDAQ· Financials· Banks

$60.72+1.07%

2026-08-03

Financials

Valuation Metrics

Mercantile Bank Corporation's Market Cap is $1.05B. At end of 2025 it was $782M. Ranked #2472 of 3,112 in US market (top 79%), #1009 of 1,445 on NASDAQ (top 70%), #175 of 249 in Banks (top 70%) by Market Cap.

Investment Metrics(as of 2026-08-03)

Metric	Value	Rank
Size
Market Cap	$1.05B	US#2,472/3,112 Sec#175/249
Total Assets	$6.82B	US#1,214/3,112 Sec#177/249
Net Assets	$755M	US#1,958/3,112 Sec#177/249
Value
P/B	1.39x	US#711/3,112 Sec#121/249
P/S	2.82x	US#1,666/3,112 Sec#142/249
Profitability
Revenue Growth	5.11%	US#1,727/3,112 Sec#114/249
Earnings Growth	14.63%	US#1,049/3,112 Sec#153/249
Financial Health
Debt Ratio	803.10%	US#2,645/3,112 Sec#131/249
Total Debt	$688M	US#1,666/3,112 Sec#117/249
Cash	$70M	US#2,414/3,112 Sec#202/249
Current Ratio	0.22x	US#2,875/3,112 Sec#166/249
Dividend
Div. Yield	1.16%	US#1,226/3,112 Sec#196/249
Div. Growth	6.58%	US#693/3,112 Sec#100/249
Performance
1Y Return	36.63%	US#1,043/3,112 Sec#128/249
1M Return	5.03%	US#951/3,112 Sec#96/249
From 52W High	-2.68%	US#295/3,112 Sec#121/249
1Y MDD	-13.58%	US#222/3,112 Sec#45/249
Trading
Volume	94,552 shares	US#2,955/3,112 Sec#213/249
Trading Value	$6M	US#2,617/3,112 Sec#199/249
Per Share
EPS	$5.46	US#598/3,112 Sec#61/249
BPS	$44.57	US#497/3,112 Sec#67/249