Mercantile Bank
(NASDAQ) MBWM
Mercantile Bank Financials at a Glance
Market Cap
$963.74M
Revenue (TTM)
$379.28M
Net Income (TTM)
$91.90M
EPS (TTM)
$5.58
P/E Ratio
10.01
Dividend
$1.54
Beta (Volatility)
0.78 (Low)
Dividend
$1.54
Beta (Volatility)
0.78 (Low)
Price
$56.15
Volume
3,961
Open
$55.56
Price
$56.15
Volume
3,961
Open
$55.56
Previous Close
$55.79
Daily Range
$55.39 - $56.43
52-Week Range
$42.75 - $56.43
Estimated Earnings Date
Jul 21, 2026
Dividend
$1.54
Beta (Volatility)
0.78 (Low)
Price
$56.15
Volume
3,961
Open
$55.56
Previous Close
$55.79
Daily Range
$55.39 - $56.43
52-Week Range
$42.75 - $56.43
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
66.36%
Operating Margin
27.77%
Net Income Margin
24.23%
Return on Equity
13.36%
Return on Capital
6.58%
Return on Assets
1.32%
Earnings Yield
9.99%
Dividend Yield
2.76%
Payout Ratio
26.86%
Stock Overview
Market Cap
$963.74M
Shares Outstanding
17.27M
Volume
3.96K
Avg. Volume
122.24K
Financials (TTM)
Gross Profit
$251.69M
Operating Income
$105.33M
EBITDA
$111.18M
Operating Cash Flow
$49.26M
Capital Expenditure
-$6.17M
Free Cash Flow
$43.09M
Cash & ST Invst.
$48.43M
Total Debt
$703.26M
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
$963.74M
N/A
Market Cap/Employee
$1.46M
N/A
Employees
662
N/A
Net Income
$22.69M
+16.1%
EBITDA
$28.98M
+12.8%
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%