Mercantile Bank
(NASDAQ) MBWM
Mercantile Bank Financials at a Glance
Market Cap
$939.38M
Revenue (TTM)
$379.28M
Net Income (TTM)
$91.90M
EPS (TTM)
$5.58
P/E Ratio
9.75
Dividend
$1.54
Beta (Volatility)
0.80 (Low)
Dividend
$1.54
Beta (Volatility)
0.80 (Low)
Price
$54.26
Volume
176,896
Open
$54.60
Price
$54.26
Volume
176,896
Open
$54.60
Previous Close
$54.22
Daily Range
$53.87 - $55.20
52-Week Range
$42.69 - $55.77
Estimated Earnings Date
Jul 21, 2026
Dividend
$1.54
Beta (Volatility)
0.80 (Low)
Price
$54.26
Volume
176,896
Open
$54.60
Previous Close
$54.22
Daily Range
$53.87 - $55.20
52-Week Range
$42.69 - $55.77
Estimated Earnings Date
Jul 21, 2026
MBWM News
4 Stocks That Took a Hike
Mercantile Bank, Yield Curve: Both Flat
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Get Access NowAbout Mercantile Bank
Industry
Banks
Sector
FinancialsEmployees
744
CEO
Raymond E. Reitsma
Website
www.mercbank.comHeadquarters
Grand Rapids, MI 49504, US
MBWM Financials
Key Financial Metrics (TTM)
Gross Margin
66%
Operating Margin
28%
Net Income Margin
24%
Return on Equity
14%
Return on Capital
2%
Return on Assets
1%
Earnings Yield
10.26%
Dividend Yield
2.83%
Payout Ratio
26.86%
Stock Overview
Market Cap
$939.38M
Shares Outstanding
17.27M
Volume
176.90K
Avg. Volume
119.45K
Financials (TTM)
Gross Profit
$238.05M
Operating Income
$102.09M
EBITDA
$106.50M
Operating Cash Flow
$17.97M
Capital Expenditure
-$6.76M
Free Cash Flow
$11.21M
Cash & ST Invst.
$1.58B
Total Debt
$825.88M
Mercantile Bank Performance Analysis
Revenue Growth Rate
Annual and quarterly growth comparisonEarnings Per Share Growth Rate
Annual and quarterly EPS growth comparisonQuarterly Performance
Revenue
$96.51M
+8.4%
Gross Profit
$68.79M
+24.7%
Gross Margin
71.27%
N/A
Market Cap
$939.38M
N/A
Market Cap/Employee
$1.42M
N/A
Employees
662
N/A
Net Income
$22.69M
+16.1%
EBITDA
$27.28M
+6.2%
Quarterly Fundamentals
Total Cash
$48.43M
-94.7%
Total Debt
$703.26M
-6.0%
Accounts Receivable
$0.00
N/A
Inventory
$0.00
N/A
Long Term Debt
$483.75M
+8.4%
Short Term Debt
$219.51M
-27.3%
Return on Assets
1.32%
N/A
Return on Invested Capital
1.57%
N/A
Free Cash Flow
$27.37M
+706.5%
Operating Cash Flow
$28.31M
+1051.2%