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Mercantile Bank Corporation MBWM NASDAQ

NASDAQ Global Select • Financial Services • Banks - Regional • US • USD

SharesGrow Score
69/100
5/7 Pass
SharesGrow Intrinsic Value
$110.70
+106.8%
Analyst Price Target
$57.00
+6.5%

Stock Statistics — MBWM

Mercantile Bank Corporation (MBWM) has a market capitalization of $924.62M and trades at $53.53. The 52-week range is 37.76-55.77.

Key metrics include a trailing Price-to-Earnings (P/E) ratio of 9.8, Earnings Per Share (EPS) of $5.46, annual revenue of $371.8M.

The stock has a beta of 0.87, a last dividend of $1.5200, operates in the Financial Services sector.

Trading Data
Current Price$53.53
52-Week Range37.76-55.77
Volume141.4K
Avg Volume (30D)115.22K
Market Cap$924.62M
Beta (1Y)0.87
Last Dividend$1.5200
Company
IPO Date1999-07-20
Employees662
CEORaymond E. Reitsma
CountryUS
ExchangeNASDAQ Global Select
CurrencyUSD
ISINUS5873761044
CUSIP587376104
Income (Latest Year)
Revenue$371.8M
Gross Profit$238.05M
EBITDA$106.5M
Operating Income$102.09M
Net Income$88.75M
EPS$5.46
EPS Diluted$5.46
Shares Outstanding$16.26M
Balance Sheet (Latest Year)
Total Assets$6.84B
Current Assets$1.58B
Cash & ST Investments$1.58B
Total Liabilities$6.11B
Total Debt$825.88M
Net Debt$352.56M
Total Equity$724.88M
Debt / Equity1.14
Valuation Ratios
P/E Ratio9.8
P/S Ratio2.49
P/B Ratio1.28
EV/EBITDA (approx)8.7
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