NASDAQ · MBWM

Mercantile Bank Corp.

$58.62 +$0.12 (+0.21%) 1D After hours

Key Metrics

$1.01B
Market cap
11.00×
P/E · TTM
Revenue · TTM
$91.90M
Net income
EPS · TTM $5.67
Dividend yield 2.4%
Free cash flow
Beta · 1Y 0.62
EBITDA · TTM $112.58M
Gross margin

The Story So Far

LAST 6 MONTHS PRIMARY SOURCES ONLY
  • Jul 21
    A material event was filed (Form 8-K).

    8-K - MERCANTILE BANK CORP (0001042729) (Filer)

    RECEIPT: SEC FORM 8-K, TIMESTAMPED
  • Jul 16
    Money rotated out of high-beta cohorts market-wide.

    High-beta names lagged the blue-chips by 20.3 points over ten sessions around this date. Stocks in that cohort weren't falling alone — they fell together.

    RECEIPT: ROTATION GAUGE, LIVE

The story updates itself as events post · The wolf reports; you decide

Snapshot

Market cap$1.01B
Enterprise value
Shares outstanding17.3M
52-wk range$42.75 – $60.40
Avg volume · 20D58.7K
Net cash
Book value / share$45.50
IndustryState Commercial Banks
ExchangeNASDAQ
About Mercantile Bank Corp.
IPO dateOct 24, 1997
Employees786

Mercantile Bank Corp operates as a bank holding company. It offers various commercial banking services to individuals, businesses, governmental units, and other institutions.

Wolf Grade COMING SOON

The wolf is in training. Composite grades vs sector — profitability, health, value, momentum — arrive with the percentile engine. Methodology will be public.

Valuation

P/E11.00
P/S
P/FCF
EV/EBITDA
EV/Sales
Graham №$76.21

Profitability

Gross
Operating
Net
FCF
ROE / ROIC 13.9% · —

Financial Health

Current ratio
Quick ratio
Debt / equity
Debt / EBITDA
Net cash
Working capital

Cash Flow · TTM

Operating CF $49.26M
Capex
Free cash flow
Buybacks
Dividends paid $24.68M
Shareholder yield 2.4%

Piotroski F-Score

2 / 9
Weak fundamentals · 2 of 9 signals passing

Altman Z-Score

Insufficient balance-sheet inputs

Graham Number vs Price

$76.21 vs $58.62
Trades below classic defensive value — Graham-cheap
Fundamentals through 2026-03-31 · computed by TickerWolf from SEC filings