Mercantile Bank (MBWM) stock price, chart and financials

Price chart

Revenue (trailing twelve months)

$260.8M

Revenue (quarter)

$68.8M

Revenue growth (year over year)

+12.82%

Gross profit (trailing twelve months)

—

Gross margin

—

Net income (trailing twelve months)

$95.2M

Net income (quarter)

$25.9M

Net income growth (year over year)

+14.63%

Net margin

36.51%

Return on equity

13.73%

EPS (trailing twelve months)

$5.69

Book value per share

$43.68

P/E (trailing twelve months)

10.59

Price to book

1.34

Debt to assets

88.93%

Payout ratio

27.45%

Dividend yield

2.63%

Company profile

Mercantile Bank Corp operates as a bank holding company. It offers various commercial banking services to individuals, businesses, governmental units, and other institutions. These services include deposit products such as checking, savings, and term certificate accounts and lending products such as commercial, residential mortgage, and installment loans. The company generates revenue from interest and dividends earned on loans, securities, and other financial instruments.

• Is Mercantile Bank (MBWM) profitable?

  Yes. Mercantile Bank earned $95.2M in net income over the trailing twelve months, a net margin of 36.51%.

• How much revenue does Mercantile Bank (MBWM) make?

  Mercantile Bank generated $260.8M in revenue over the trailing twelve months, up 12.82% year over year.

• What is MBWM's P/E ratio?

  Mercantile Bank trades at 10.6 times trailing twelve-month earnings, on an EPS of $5.69.

• How do I buy stock in Mercantile Bank (MBWM)?

  MBWM trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at Light Horse Dashboard, the trading API, or an AI agent connected over MCP. The trade panel on this page places the order once you are signed in.