Mercantile Bank Corporation
General ticker "MBWM" information:
- Sector: Financials
- Industry: Banks - Regional
- Capitalization: $851.3M (TTM average)
Mercantile Bank Corporation follows the US Stock Market performance with the rate: 52.7%.
Estimated limits based on current volatility of 0.9%: low 57.95$, high 59.00$
Factors to consider:
- Earnings expected soon, date: 2026-10-20 bmo
- Company pays dividends (quarterly): last record date 2026-09-04, amount 0.40$ (Y2.74%)
- Total employees count: 786 (+15.2%) as of 2025
- Company does not operate outside US (retrieved using AI)
- Top business risk factors: Interest rate risk, Liquidity and credit risks, Commercial real estate, Economic downturns and volatility, Cybersecurity threats
- Earnings for 6 months up through Q2 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2025-12-31 to 2027-12-31
- 2025-12-31 to 2026-12-31 estimated range: [40.58$, 54.63$]
- 2026-12-31 to 2027-12-31 estimated range: [39.97$, 54.45$]
Financial Metrics affecting the MBWM estimates:
- Positive: with PPE of 8.9 at the end of fiscal year the price was neutral
- Negative: Operating cash flow per share per price, % of 2.27 <= 2.37
- Positive: 22.58 < Operating profit margin, % of 27.46
- Positive: 7.04 < Shareholder equity ratio, % of 10.61 <= 12.78
- Positive: 9.52 < Industry operating cash flow per share per price (median), % of 10.78
- Positive: 14.78 < Industry operating profit margin (median), % of 24.03
- Positive: Industry earnings per price (median), % of 7.57 > 6.58
- Positive: -18.95 < Investing cash flow per share per price, % of -13.36
Short-term MBWM quotes
Long-term MBWM plot with estimates
Financial data
| YTD | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|
| Operating Revenue | $303.50MM | $361.89MM | $371.80MM |
| Operating Expenses | $200.80MM | $263.61MM | $269.71MM |
| Operating Income | $102.70MM | $98.29MM | $102.09MM |
| Interest Expense | $77.81MM | $130.42MM | $129.15MM |
| Income(Loss) | $102.70MM | $98.29MM | $102.09MM |
| Taxes | $20.48MM | $18.69MM | $13.34MM |
| Net Income(Loss)* | $82.22MM | $79.59MM | $88.75MM |
| Stockholders Equity | $522.14MM | $584.53MM | $724.88MM |
| Assets | $5,353.22MM | $6,052.16MM | $6,835.22MM |
| Operating Cash Flow | $66.61MM | $101.12MM | $17.97MM |
| Capital expenditure | $6.69MM | $8.53MM | $6.76MM |
| Investing Cash Flow | $-395.93MM | $-425.44MM | $-105.70MM |
| Financing Cash Flow | $363.08MM | $586.79MM | $168.04MM |
| Earnings Per Share** | $5.13 | $4.93 | $5.46 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.