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MBWM (NASDAQ) Stock Analysis | MERCANTILE BANK CORPORATION – Deepscope
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MBWM Stock Analysis — MERCANTILE BANK CORPORATION (Financial Services >> Banks - Regional)

MBWM FAQ

What is MBWM's P/E ratio?

MERCANTILE BANK CORPORATION (MBWM) currently trades at a P/E ratio of 10.84.

What is MBWM's ROE?

MERCANTILE BANK CORPORATION reports a Return on Equity (ROE) of 12.61%.

What is MBWM's dividend yield?

MERCANTILE BANK CORPORATION offers a dividend yield of 2.55%.

What is MBWM's Quality Score?

Our AI rates MBWM's overall financial quality at 54 out of 100, based on profitability, growth, debt and earnings stability.

Is now a good time to buy MBWM?

Our AI Timing Score for MBWM is 91 out of 100, indicating the relative attractiveness of buying at the current price using technical and momentum signals.

Which sector does MBWM belong to?

MERCANTILE BANK CORPORATION is classified under the Financial Services >> Banks - Regional sector on the NASDAQ exchange

Stock Check   *Daily update data at 8:30 AM*
(Price: 2026-07-31 | FS: 2026-06-30)

MBWM AI Analysis Summary

Our AI summary for MBWM: MERCANTILE BANK CORPORATION (NASDAQ), Financial Services >> Banks - Regional sector. The stock currently trades at a P/E of 10.84, ROE of 12.61%, a dividend yield of 2.55%. Its financial Quality Score stands at 54/100 — mid-range fundamentals relative to the market. The AI Timing Score is 91/100 — multiple technical signals currently support price momentum. All scores are recomputed automatically after each market close from official exchange data. This is systematically generated analysis, not personalized investment advice.

MBWM

MERCANTILE BANK CORPORATION
USD 60.08
0.35 (0.59%) Day Change
10.84
P/E
0.29
D/E
12.6%
ROE
1.4%
ROA
2.55%
Div Yield

MERCANTILE BANK CORPORATION
TYPE: STOCK
MARKET: NASDAQ

Compare   Watchlist   Myport
USD 60.08
Price
0.35 (0.59%)
Day Change
NEWS SCORE: 85

MBWM, the overall quality is not quite good ( Quality = 54) but the timing to buy is ...(Sign In to See)...

54

QUALITY

Signal
UNDERPERFORM
Signal Description
Company financial health is Not Good
Reason
ROE is relatively low.
ROA is relatively low.
Acceleration of ROE growth rate is below our criteria.
Historical ROA is relatively low.
Historical ROA is relatively low.
Acceleration of net profit margin growth rate is below our criteria

88 Sign in

TIMING

Signal
OUTPERFORM
Signal Descri...
Good
Reason
Momentum indicators aligned on the daily timeframe
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In details, quality factors are not good , financial health is not quite good , and ability to make profit is ok , ...

Quality Factors 48%
X
X
X
X
  In Recommendations? Not in any sections
  Select Rate 0.00 From 30 days period
  Watch Rate 0.00 From 30 days period
  News Score 85
  Magic Formula Rank by ROA
1751
  Magic Formula Rank by ROE
1751
  Magic Formula Rank by ROIC
1925
  Price 60.08
  PBV / Sector
1.37 / 1.42
GOOD
  Earning Per Share 5.54
  PE / Sector
10.84 / 13.75
GOOD
  PEG or PE/Growth / Sector
N/A / 0.61
  Average 1M Daily Value
7.72 M
  Average 1W Daily Value
7.36 M
Timing Factors 85%
  MACD
  MACD Signal
  MACD Divergence
  RSI
  Stochastic Oscillator K
  Stochastic Oscillator D
  ADX
  Avg 5 day Timing Score
Financial Health 50%
X
X
X
X
  DE / Sector
  DE Average / Sector
  DE Change Average (%) / Sector
  Current Ratio / Sector
  Current Ratio Average / Sector
  Current Ratio Change Average (%) / Sector
  Quick Ratio / Sector
  Quick Ratio Average / Sector
  Quick Ratio Change Average (%) / Sector
  FCF/Share / Sector
  FCF/Share Average / Sector
  FCF/Share Change Average (%) / Sector
Ability to Make Profit 68%
X
X
X
X
X
X
X
  GPM (%) / Sector
  GPM Average (%) / Sector
  GPM Change Average (%) / Sector
  OPM (%) / Sector
  OPM Average (%) / Sector
  OPM Change Average (%) / Sector
  NPM (%) / Sector
24.79 / 20.62
GREAT
  NPM Average (%) / Sector
25.26 / 19,963.58
GREAT
  NPM Change Average (%) / Sector
-2.88 / -8.42
  Asset Turnover / Sector
  Asset Turnover Average / Sector
  Asset Turnover Change Average (%) / Sector
  ROA (%) / Sector
1.40 / 1,268.52
  ROA Average (%) / Sector
1.36 / 254.57
  ROA Change Average (%) / Sector
3.61 / 44,002.31
  ROE (%) / Sector
12.61 / 2,865.19
  ROE Average (%) / Sector
13.61 / 581.17
  ROE Change Average (%) / Sector
-1.70 / 7,372.49
  ROIC (%) / Sector
  ROIC Average (%) / Sector
  ROIC Change Average (%) / Sector
Return to Investors 12%
X
  Dividend (%) / Sector
2.55 / 2.41
  Dividend Average (%) / Sector
3.36 / 46.24
  Dividend Change Average (%) / Sector
-11.70 / -0.26
Registration Details
X
  Analyze Date 2026-08-01 08:00:09
  Symbol MBWM
  Name MERCANTILE BANK CORPORATION
  Sector Financial Services >> Banks - Regional
  Market NASDAQ
  Listed Shares 17.29 M
  Par Value N/A
  Calculated From Quarter
  Sign N/A
  Market Cap (M.USD) / Sector Average 1,032.49 / 6,970.30
News, Concensus, ...
  Estimation Consensus See at WSJ.com
  Full details See at WSJ.com
  Chart See in Chart feature
  News See at Yahoo Finance

Address: 310 Leonard Street NW, Grand Rapids, MI, United States, 49504

Phone: 616 406 3000

Website: https://www.mercbank.com

Employees: 827

Sector: Financial Services >> Banks - Regional

Description: Mercantile Bank Corporation operates as the bank holding company for Mercantile Bank that provides commercial and retail banking services to small- to medium-sized businesses and individuals in the United States. The company accepts various deposit products, such as checking, savings, and term certificate accounts; time deposits; and certificates of deposit. It 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; 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, the company offers courier services and safe deposit boxes; 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. Mercantile Bank Corporation was incorporated in 1997 and is headquartered in Grand Rapids, Michigan.

Analyst Ratings & Target Price

3 Months Ago
1 Month Ago
Current
Strong Buy
1
1
1
Buy
1
1
1
Hold
3
3
3
Sell
0
0
0
Strong Sell
0
0
0
Consensus
Buy 3.60
Buy 3.60
Buy 3.60
Target Price
USD 59.33
USD 59.83
USD 63.17

Per-Share Earnings, Estimates vs Actuals

Actual
Analyst Range
Estimate

ME vs SECTOR Financial Services >> Banks - Regional

MBWM (ME)
Sector Peers
Bubble size = Market Cap

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Stocks in the Same Sector

Financial Services › Banks - Regional

Analysed on the same criteria, ordered by market cap

News

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MBWM
MBWM
USD 60.08 (0.59%)
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