Real-time stock price, financial statements, consensus target price, insider trading, and technical analysis for Mercantile Bank Corporation (MBWM:NASDAQ), powered by AI.
Mercantile Bank Corporation is currently trading at $54.36. View real-time AI analysis on Alpha Lenz.
View the latest insider trading data for Mercantile Bank Corporation on Alpha Lenz.
Mercantile Bank Corporation's P/E ratio is 9.9.
“Mercantile Bank Corporation trades at a P/E of 9.9 (undervalued) with solid ROE of 13.6%.”
Ask for details →Mercantile Bank Corporation is a regional bank holding company providing a comprehensive range of banking products and services primarily in Michigan. Established to facilitate personal and business financial growth, the company offers traditional banking solutions such as checking and savings accounts, lending options, and investment services. They also provide treasury and wealth management services aimed at supporting both small to mid-sized businesses and individual clients. Highlighting community-focused banking, Mercantile Bank Corporation plays a pivotal role in local economic development by offering tailored loan products, including real estate financing and commercial loans. The bank's commitment to technological advancements is evident in its digital banking platform, which offers online and mobile banking services for enhanced customer convenience. By blending personalized customer service with modern banking solutions, Mercantile Bank Corporation has cemented its position as a cornerstone in the financial markets of its operational region, supporting local businesses and individuals in achieving their financial goals.
“Mercantile Bank Corporation trades at a P/E of 9.9 (undervalued) with solid ROE of 13.6%.”
Ask for details →Mercantile Bank Corporation (ticker: MBWM) is a company listed on NASDAQ in the Financial Services sector (Banks - Regional). It has approximately 692 employees. Market cap is $883M.
The current price is $54.36 with a P/E ratio of 9.95x and P/B of 1.22x.
ROE is 13.56%. Annual revenue is $243M.