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Mercantile Bank Corporation

MBWM | US

53.03

USD

0.29

0.55%

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

08/06/2026

Close

53.03

Open

52.69

High

53.70

Low

52.60

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
28.4
Sharpe
0.86
Luna's Score
64/100
Recommendation
Hold

Luna says (MBWM | US)

What's Working

Positive Momentum

Strength based on increasing price with high volume

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

High Short-term Volatility

Smallcap (300M - 2B USD)

High Market Beta (> 0.8)

High Debt to Equity (> 0.75)

Volatility Signals

Bullish: Stable Volatility (6-month <= 1-month volatility) is positive for the stock performance.

Risk Meter

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10 days

31.3%

1 month

28.4%

3 months

24.3%

6 months

25.2%

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

856.03M

MarketCap(USD)

856.03M

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: Bullish (SMA10D > SMA1M)

Intermediate-term: Bullish (SMA1M > SMA3M)

Long-term: Bullish (SMA6M > SMA12M)

SMAs: Stock Price Trends

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Range10D

2.86

Range1M

4.10

Range3M

6.70

Volumes: Market Activity

Volume Averages

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Rel. volume

1.28

Price X volume

8.62M

Peers

Name
Ticker
Industry
Close
Marketcap
Day Return
PE Ratio
Debt to Equity
 
 
 
 
 
 
 
 
Trupanion IncTRUPInsurance - Specialty22.05929.71M0.23%n/a42.15%
FSB Bancorp IncFSBCBanks - Regional - US43.41925.48M0.91%13.1021.26%
Hanmi Financial CorporationHAFCBanks - Regional - US30.54924.40M0.36%9.3965.79%
Esquire Financial Holdings IncESQBanks - Regional - US110.28916.89M2.03%13.870.84%
Trinity Capital CorpTRINBanks - Regional - US16.72892.36M-0.95%8.37113.53%
Great Southern Bancorp IncGSBCBanks - Regional - US73.55859.14M0.33%11.5072.25%
MetroCity Bankshares IncMCBSBanks - Regional - US33.76855.20M-0.06%13.6393.99%
First Financial CorporationTHFFBanks - Regional - US71.68846.83M0.84%10.1928.69%
Business First Bancshares IncBFSTBanks - Regional - US28.48837.77M0.11%10.7767.44%
Eagle Bancorp IncEGBNBanks - Regional - US27.42827.46M0.55%n/a147.01%
  • 1

Diversifiers

Name
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Industry
Close
Marketcap
Day Return
PE Ratio
Debt to Equity
 
 
 
 
 
 
 
 
Janus International Group Inc.JBIBuilding Products & Equipment4.94717.89M-3.14%11.62116.21%
The Marcus CorporationMCSMedia - Diversified20.35654.73M0.00%n/a83.32%
AMC Entertainment Holdings IncAMCMedia - Diversified1.8650.44M0.56%n/a-511.14%
Latham Group Inc.SWIMBuilding Products & Equipment5.38621.80M1.89%65.1877.00%
HUYA IncHUYAMedia - Diversified2.49563.67M0.40%n/a0.00%
Ennis IncEBFBuilding Products & Equipment20.31528.14M-1.36%13.282.28%
AMC Networks IncAMCXMedia - Diversified9.68426.87M-1.22%6.32236.34%
ACCO Brands CorporationACCOBuilding Products & Equipment3.89372.65M1.83%n/a174.23%
AHGAHGMedical Distribution1.33316.78M-0.75%n/a1.45%
CPI Card Group IncPMTSBuilding Products & Equipment17.04190.13M-0.06%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)24.2832.77Lower Risk
Debt to Equity1.440.66Expensive
Debt to Assets0.140.08Expensive
Market Cap856.03M2.81BEmerging
  • 1

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