Mercantile Bank Corporation (MBWM) Stock Forecast & Analysis

Real-time stock price, financial statements, consensus target price, insider trading, and technical analysis for Mercantile Bank Corporation (MBWM:NASDAQ), powered by AI.

Current Price
$54.36
P/E Ratio
9.9
Market Cap
883M
Sector
Financial Services
What is the Mercantile Bank Corporation stock price forecast?

Mercantile Bank Corporation is currently trading at $54.36. View real-time AI analysis on Alpha Lenz.

What is Mercantile Bank Corporation insider trading activity?

View the latest insider trading data for Mercantile Bank Corporation on Alpha Lenz.

What is Mercantile Bank Corporation's P/E ratio?

Mercantile Bank Corporation's P/E ratio is 9.9.

Mercantile Bank Corporation

NASDAQ · MBWM
$54.36+0.60(+1.12%)Pre-marketNASDAQ regular session 09:30–16:00 ET
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Alpha Chat Insight

Mercantile Bank Corporation trades at a P/E of 9.9 (undervalued) with solid ROE of 13.6%.

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Company Overview

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.

CEOMr. Raymond E. Reitsma
SectorFinancial Services
IndustryBanks - Regional
Employees692

Company Statistics

FY 2025

Profile

$882.70MMarket Cap
$242.65MRevenue
0.00Shares Out
692Employees

Margins

N/AGross
N/AEBITDA
N/AOperating
42.65%Pre-Tax
36.58%Net

Valuation

9.95P/E
1.22P/B
3.64EV/Sales
156.33EV/EBITDA
78.75P/FCF

Growth (CAGR)

8.43%Rev 3Yr
7.71%Rev 5Yr
N/AOp Inc 3Yr
N/AOp Inc 5Yr
13.28%Net Inc 3Yr
14.99%Net Inc 5Yr

Returns

1.38%ROA
13.56%ROE
N/AROIC

Financial Health

$473.32MCash & Cash Equivalents
$5.64BNet Debt
842.94%Debt/Equity
N/AInterest Cov

Frequently Asked Questions

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.

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Mercantile Bank Corporation (MBWM) Stock Forecast 2026 $54.36 — Price, Financials & Analyst Targets | Alpha Lenz