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Mercantile Bank Corporation

MBWM | US

50.11

USD

-0.21

-0.43%

MBWM | US
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About Mercantile Bank Corporation

Sector

Financial Services

Industry

Banks - Regional - US

Earnings date

30/06/2024

As of date

09/03/2026

Close

50.11

Open

49.57

High

50.38

Low

48.30

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.

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MBWM | US

Risk
22.3
Sharpe
0.32
Luna's Score
49/100
Recommendation
Hold

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 Short-term Volatility

Smallcap (300M - 2B USD)

High Market Beta (> 0.8)

High Debt to Equity (> 0.75)

Volatility Signals

Bearish: Increased Volatility (6-month > 1-month volatility)

Risk Meter

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10 days

28.7%

1 month

22.3%

3 months

26.1%

6 months

26.2%

Returns

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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

808.90M

MarketCap(USD)

808.90M

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

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Range10D

6.42

Range1M

6.70

Range3M

9.13

Volumes: Market Activity

Volume Averages

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Rel. volume

1.10

Price X volume

5.31M

Peers

Name
Ticker
Industry
Close
Marketcap
Day Return
PE Ratio
Debt to Equity
 
 
 
 
 
 
 
 
Metropolitan Bank Holding CorpMCBBanks - Regional - US79.18886.25M-0.23%10.9240.17%
Mercantil Bank Holding CorporationAMTBBanks - Regional - US21.31880.67M-0.14%34.34139.48%
Old Second Bancorp IncOSBCBanks - Regional - US19.62879.98M0.36%9.2650.65%
Northeast BancorpNBNBanks - Regional - US106.88879.05M0.70%11.3597.03%
Heritage Financial CorporationHFWABanks - Regional - US25.19868.96M-0.63%17.9561.36%
Central Pacific Financial CorpCPFBanks - Regional - US31.16843.30M-1.05%14.1036.57%
TrustCo Bank Corp NYTRSTBanks - Regional - US43.81832.85M-0.05%13.0520.11%
Esquire Financial Holdings IncESQBanks - Regional - US98.67820.37M-0.66%13.870.84%
FSB Bancorp IncFSBCBanks - Regional - US37.57800.98M-0.50%13.1021.26%
Trinity Capital CorpTRINBanks - Regional - US14.86793.09M-0.34%8.37113.53%
  • 1

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PE Ratio
Debt to Equity
 
 
 
 
 
 
 
 
HUYA IncHUYAMedia - Diversified3.49790.04M0.87%n/a0.00%
Janus International Group Inc.JBIBuilding Products & Equipment5.39783.29M1.89%11.62116.21%
Latham Group Inc.SWIMBuilding Products & Equipment6.31729.29M0.16%65.1877.00%
Ennis IncEBFBuilding Products & Equipment21.16550.24M-0.70%13.282.28%
The Marcus CorporationMCSMedia - Diversified16.77539.55M-3.40%n/a83.32%
AMC Entertainment Holdings IncAMCMedia - Diversified1.13408.33M-3.42%n/a-511.14%
AMC Networks IncAMCXMedia - Diversified8.05354.99M-3.01%6.32236.34%
AHGAHGMedical Distribution1.48352.51Mn/a1.45%
ACCO Brands CorporationACCOBuilding Products & Equipment3.67351.58M-6.14%n/a174.23%
CPI Card Group IncPMTSBuilding Products & Equipment15.485172.78M-0.23%15.61-621.78%
  • 1

Industry Comparison

ParameterCompanyIndustryIndicator
Enterprise to EBITDA--25.13-
Ent. to Revenue5.6873.69Cheaper
PE Ratio9.1518.44Cheaper
Price to Book1.283,795.44Cheaper
Dividend Yield3.103.11Par
Std. Deviation (3M)26.0632.77Lower Risk
Debt to Equity1.440.66Expensive
Debt to Assets0.140.08Expensive
Market Cap808.90M2.81BEmerging
  • 1

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