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Mercantile Bank Corporation
MBWM | US
48.64
USD-1.64
-3.26%
MBWM | US
About Mercantile Bank Corporation
Sector
Financial Services
Industry
Banks - Regional - US
Earnings date
30/06/2024
As of date
20/03/2026
Close
48.64
Open
50.28
High
50.60
Low
48.51
Mercantile Bank Corporation operates as the bank holding company for Mercantile Bank of Michigan that provides commercial and retail banking services to small- to medium-sized businesses and individuals in the United States. It accepts various deposit products including checking savings and term certificate accounts; time deposits; and certificates of deposit. The company also provides commercial and industrial loans; vacant land land development and residential construction loans; owner and non-owner-occupied real estate loans; multi-family and residential rental property loans; single-family residential real estate loans; home equity line of credit programs; and consumer loans such as new and used automobile and boat loans and credit cards as well as overdraft protection services; and residential mortgage and instalment loans. In addition it offers courier services and safe deposit facilities; and insurance products such as private passenger automobile homeowners personal inland marine boat owners recreational vehicle dwelling fire umbrella policies small business and life insurance products. The company was incorporated in 1997 and is headquartered in Grand Rapids Michigan.
View LessMBWM | US
Risk
23.2
Sharpe
0.23
Luna's Score
45/100
Recommendation
Sell
Luna says (MBWM | US)
What's Working
Low 6-Month Volatility (<30%)
Good Dividend Yield (2% <= Dividend Yield <= 8%)
Low Debt to Asset (< 0.2)
Value Stock (Price to Book < 3)
Strong Operating Margin (> 25%)
What's not Working
Negative Momentum (Declining Price)
Weakness based on declining price with high volume
Price Below SMA10D
High Current Volume and Negative 1-Day Return
Smallcap (300M - 2B USD)
High Market Beta (> 0.8)
High Debt to Equity (> 0.75)
Weak Sharpe Ratio (< 0.3)
Volatility Signals
Bearish: Increased Volatility (6-month > 1-month volatility)
Risk Meter
10 days
20.1%1 month
23.2%3 months
25.7%6 months
26.0%Returns
Fundamental Ratios
PE
9.15
Fwd. PE
10.74
Price to book
1.28
Debt to equity
1.44
Debt to assets
0.14
Ent. to EBITDA
-
Ent. to rev.
5.68
PEG
2.51
Other Fundamentals
EBITDA
-
MarketCap
785.17M
MarketCap(USD)
785.17M
Div. yield
3.10
Op. margin
43.19
Erngs. growth
-6.50
Rev. growth
3.60
Ret. on equity
15.00
Short ratio
1.27
Short perc.
0.54
Market Sentiment (SMA and Price signals)
Short-term: Bearish (SMA10D < SMA1M)
Intermediate-term: Bullish (SMA1M > SMA3M)
Long-term: Bullish (SMA6M > SMA12M)
SMAs: Stock Price Trends
Range10D
2.94
Range1M
6.64
Range3M
8.71
Volumes: Market Activity
Rel. volume
2.97
Price X volume
16.78M
Peers
Diversifiers
Industry Comparison
| Parameter | Company | Industry | Indicator |
|---|---|---|---|
| Enterprise to EBITDA | - | - | - |
| Ent. to Revenue | 5.68 | - | Cheaper |
| PE Ratio | 9.15 | 18.44 | Cheaper |
| Price to Book | 1.28 | 3,795.44 | Cheaper |
| Dividend Yield | 3.10 | - | Par |
| Std. Deviation (3M) | 25.66 | - | Lower Risk |
| Debt to Equity | 1.44 | 0.66 | Expensive |
| Debt to Assets | 0.14 | 0.08 | Expensive |
| Market Cap | 785.17M | - | Emerging |
