Mercantile Bank Corporation

General ticker "MBWM" information:

  • Sector: Financials
  • Industry: Banks
  • Capitalization: $709.3M (TTM average)

Mercantile Bank Corporation follows the US Stock Market performance with the rate: 61.8%.

Estimated limits based on current volatility of 1.5%: low 41.36$, high 42.61$

Factors to consider:

  • Company pays dividends (quarterly): last record date 2025-03-07, amount 0.37$ (Y3.54%)

Stock Forecast*

* forecast is subjective and experimental, should not be used for any investment decisions

Long term estimates were made for the period from 2024-12-31 to 2026-12-31

  • 2024-12-31 to 2025-12-31 estimated range: [42.25$, 55.41$]
  • 2025-12-31 to 2026-12-31 estimated range: [38.91$, 52.28$]

Financial Metrics affecting the MBWM estimates:

  • Positive: Non-GAAP EPS, $ of 4.95 > 2.19
  • Negative: Shareholder equity ratio, % of 9.66 <= 22.52
  • Positive: Operating cash flow per share per price, % of 12.89 > 12.73
  • Negative: -1.01 < Inventory ratio change, % of 0
  • Positive: -1.21 < Return on assets ratio (scaled to [-100,100]) of 1.30
  • Negative: Investing cash flow per share, $ of -26.37 <= -3.20

Similar symbols

Short-term MBWM quotes

2025-03-142025-03-172025-03-182025-03-192025-03-202025-03-212025-03-242025-03-252025-03-262025-03-272025-03-282025-03-312025-04-012025-04-022025-04-032025-04-042025-04-072025-04-082025-04-092025-04-102025-04-112025-04-142025-04-152025-04-162025-04-172025-04-212025-04-222025-04-232025-04-242025-04-25383940414243444546
Price $

Long-term MBWM plot with estimates

25303540455055Jul 2023Jan 2024Jul 2024Jan 2025Jul 2025Jan 2026Jul 2026Jan 202700.51
MBWMS&P500FinancialsNon-GAAP EPS EstimateNon-GAAP EPS ActualPrice $Non-GAAP EPS $

Financial data

YTD 2022-12-31 2023-12-31 2024-12-31
Operating Revenue $190.32MM $217.99MM $321.50MM
Operating Expenses $90.94MM $115.29MM $1.60MM
Operating Income $99.39MM $102.70MM $319.90MM
Non-Operating Income $-23.59MM $0.00MM $-221.61MM
Interest Expense $23.59MM $77.81MM $130.42MM
Income(Loss) $75.79MM $102.70MM $98.29MM
Taxes $14.73MM $20.48MM $18.69MM
Profit(Loss)* $61.06MM $82.22MM $79.59MM
Stockholders Equity $441.41MM $522.14MM $584.53MM
Assets $4,872.62MM $5,353.22MM $6,052.16MM
Operating Cash Flow $119.86MM $66.61MM $101.12MM
Capital expenditure $3.02MM $6.69MM $0.00MM
Investing Cash Flow $-555.00MM $-395.93MM $-425.44MM
Financing Cash Flow $-443.25MM $363.08MM $586.79MM
Earnings Per Share** $3.85 $5.13 $4.93

* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.