MBWM

Mercantile Bank Corporation

50.53

Top Statistics
Market Cap 815 M Forward PE 11.42 Revenue Growth 3.60 %
Current Ratio 0.00 Trailing PE 10.19 Earnings Growth -6.50 %
Profit Margins 36.00 % Peg Ratio Dividend Yield 2.85 %
Enterprice / EBITA Enterprise / Revenue 5.71 Price To Sales Trailing12 Months 3.67
Profitability
Profit Margins 36.00 % Operating Margins 43.19 %
Balance Sheet
Total Cash 358 M Total Cash Per Share 22.19 Total Debt 812 M
Total Debt To Equity Current Ratio 0.00 Book Value Per Share 36.13
All Measures
Short Ratio 205.00 % Message Board Id finmb_410780 Shares Short Prior Month 161974
Return On Equity 0.1500 City Grand Rapids Uuid d5cde023-ffcf-3e2d-9ba2-57184a51c4d4
Previous Close 50.10 First Trade Date Epoch Utc 932 M Book Value 36.13
Beta 0.9690 Total Debt 812 M Volume 56248
Price To Book 1.40 Last Split Date 1 B Fifty Two Week Low 33.46
Total Cash Per Share 22.19 Total Revenue 222 M Shares Short Previous Month Date 1 B
Target Median Price 49.75 Max Age 86400 Recommendation Mean 2.80
Sand P52 Week Change 0.3133 Operating Margins 43.19 % Last Dividend Value 0.3600
Target Mean Price 49.88 Net Income To Common 79 M Short Percent Of Float 0.0079
Implied Shares Outstanding 16 M Trailing Peg Ratio None Last Fiscal Year End 1 B
Average Daily Volume10 Day 57830 Average Volume10days 57830 Total Cash 358 M
Next Fiscal Year End 1 B Revenue Per Share 13.79 Held Percent Insiders 0.0323
Dividend Rate 1.44 Trailing PE 10.19 Date Short Interest 1 B
Most Recent Quarter 1 B Regular Market Previous Close 50.10 Target Low Price 48.00
Gmt Off Set Milliseconds -18000000 Fifty Day Average 45.36 Open 50.73
Dividend Yield 2.85 % State MI Return On Assets 0.0143
Time Zone Short Name EST Trailing Eps 4.96 Day Low 50.39
Address1 310 Leonard Street NW Trailing Annual Dividend Rate 1.40 Price Hint 2
Shares Outstanding 16 M Target High Price 52.00 Website https://www.mercbank.com
52 Week Change 0.4693 Average Volume 60382 Earnings Quarterly Growth -5.90 %
Forward Eps 4.43 Recommendation Key hold Compensation As Of Epoch Date 1 B
Last Split Factor 105:100 Regular Market Day High 51.41 Is_sp_500 False
Profit Margins 36.00 % Fifty Two Week High 52.98 Day High 51.41
Shares Short 122857 Regular Market Open 50.73 Industry Key banks-regional
Earnings Growth -6.50 % Enterprise To Revenue 5.71 Revenue Growth 3.60 %
Shares Percent Shares Out 0.0076 Operating Cashflow 33 M Five Year Avg Dividend Yield 385.00 %
Currency USD Market Cap 815 M Time Zone Full Name America/New_York
Is_nasdaq_100 False Zip 49504 Payout Ratio 28.23 %
Quote Type EQUITY Industry Banks - Regional Ex Dividend Date 1 B
Regular Market Day Low 50.39 Held Percent Institutions 0.6396 Long Name Mercantile Bank Corporation
Current Price 50.53 Financial Currency USD Trailing Annual Dividend Yield 2.79 %
Current Ratio 0.00 Industry Disp Banks - Regional Number Of Analyst Opinions 4
Country United States Float Shares 15 M Two Hundred Day Average 41.28
Ir Website https://www.mercbank.com/investor/index.asp Enterprise Value 1 B Price To Sales Trailing12 Months 3.67
Forward PE 11.42 Regular Market Volume 56248 Last Dividend Date 1 B
Exchange NMS
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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.