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MBWM Quote, Financials, Valuation and Earnings
Last price:
$45.10
Seasonality move
:
0.26%
Day range:
$43.40 - $44.88
52-week range:
$33.46 - $52.98
Dividend yield:
3.24%
P/E ratio:
8.99x
P/S ratio:
3.10x
P/B ratio:
1.24x
Volume:
65.8K
Avg. volume:
68.3K
1-year change:
25.86%
Market cap:
$722M
Revenue:
$231.5M
EPS (TTM):
$4.95
Analysts' Opinion
-
Consensus RatingMercantile Bank has received a consensus rating of Hold. The company's average rating is a Hold based on 1 Buy rating, 2 Hold ratings, and 0 Sell ratings.
-
Price Target UpsideAccording to analysts' consensus price target of $53.00, Mercantile Bank has an estimated upside of 19.16% from its current price of $44.48.
-
Price Target DownsideAccording to analysts, the lowest downside price target is $50.00 representing 100% downside risk from its current price of $44.48.
Fair Value
-
According to the consensus of 3 analysts, Mercantile Bank has 19.16% upside to fair value with a price target of $53.00 per share.
MBWM vs. S&P 500
-
Over the past 5 trading days, Mercantile Bank has overperformed the S&P 500 by 0.27% suggesting its relative strength compared to the major market average is strong at this time.
Share Buyback
-
Mercantile Bank does have a share repurchase program in place at this time. The scale of a buyback program can materially affect share price and usually results in a higher earnings per share, all else being equal, when the share count drops.
Revenue Growth
-
Mercantile Bank has grown year-over-year revenues for 1 quarter straight. In the most recent quarter Mercantile Bank reported revenues of $58.5M.
Earnings Growth
-
Mercantile Bank earnings have been falling on a year-over-year basis for 3 quarters in a row. In the most recent quarter Mercantile Bank reported earnings per share of $1.22.
Enterprise value:
125.3M
EV / Invested capital:
0.11x
Price / LTM sales:
3.10x
EV / EBIT:
0.55x
EV / Revenue:
0.54x
PEG ratio (5yr expected):
4.51x
EV / Free cash flow:
1.35x
Price / Operating cash flow:
7.75x
Enterprise value / EBITDA:
--
Gross Profit (TTM):
--
Return On Assets:
1.4%
Net Income Margin (TTM):
34.39%
Return On Equity:
14.33%
Return On Invested Capital:
7.08%
Operating Margin:
--
| Trailing 12 Months | Fiscal Quarters | |||||
|---|---|---|---|---|---|---|
| Period Ending | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2023-12-31 | 2024-12-31 | |
| Income Statement | ||||||
| Revenue | $190.3M | $225.7M | $231.5M | $56.9M | $58.5M | |
| Gross Profit | -- | -- | -- | -- | -- | |
| Operating Income | -- | -- | -- | -- | -- | |
| EBITDA | -- | -- | -- | -- | -- | |
| Diluted EPS | $3.85 | $5.13 | $4.95 | $1.25 | $1.22 | |
| Period Ending | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | |
|---|---|---|---|---|---|---|
| Balance Sheet | ||||||
| Current Assets | $1B | $1.6B | $699.7M | $747.6M | $1.1B | |
| Total Assets | $4.4B | $5.3B | $4.9B | $5.4B | $6.1B | |
| Current Liabilities | $118.4M | $197.5M | $194.3M | $229.7M | $121.5M | |
| Total Liabilities | $4B | $4.8B | $4.4B | $4.8B | $5.5B | |
| Total Equity | $441.6M | $456.6M | $441.4M | $522.1M | $584.5M | |
| Total Debt | $441.6M | $495.9M | $445.8M | $606.5M | $526.7M | |
| Trailing 12 Months | Fiscal Quarters | |||||
|---|---|---|---|---|---|---|
| Period Ending | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2023-12-31 | 2024-12-31 | |
| Cash Flow Statement | ||||||
| Cash Flow Operations | $119.9M | $66.6M | $101.1M | -$7.3M | $59.9M | |
| Cash From Investing | -$555M | -$395.9M | -$425.4M | -$198.9M | -$103M | |
| Cash From Financing | -$443.3M | $363.1M | $586.8M | $70.7M | $107.6M | |
| Free Cash Flow | $116.8M | $59.9M | $92.6M | -$7.8M | $59.3M | |
MBWM
Sector
Market Cap
$722M
$618.6M
Price % of 52-Week High
83.96%
85.59%
Dividend Yield
3.24%
2.01%
Shareholder Yield
5.02%
3.87%
1-Year Price Total Return
25.86%
9.44%
Beta (5-Year)
0.981
0.715
Dividend yield:
3.24%
Annualized payout:
$1.42
Payout ratio:
28.24%
Growth streak:
5 years
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Technicals
8-day SMA
Sell
Level
$44.60
200-day SMA
Sell
Level
$44.72
Bollinger Bands (100)
Sell
Level
44.34 - 49.78
Chaikin Money Flow
Sell
Level
-203.3K
20-day SMA
Sell
Level
$46.53
Relative Strength Index (RSI14)
Sell
Level
38.63
ADX Line
Sell
Level
21.79
Williams %R
Neutral
Level
-71.9449
50-day SMA
Sell
Level
$46.71
MACD (12, 26)
Sell
Level
-1.00
25-day Aroon Oscillator
Sell
Level
-76
On Balance Volume
Neutral
Level
1.3M
Financial Scores
Sell
Altman Z-Score
(Annual)
Level (0.5178)
Sell
CA Score
(Annual)
Level (-2.1193)
--
Beneish M-Score
(Annual)
Level (--)
Buy
Momentum Score
Level (8)
Sell
Ohlson Score
Level (2.0846)
--
Piotroski F Score
(Annual)
Level (--)
--
Quality Ratio Score
Level (--)
Buy
Fundamental Score
Level (8)
Revenue Forecast
Earnings per Share Forecast
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.
Stock Forecast FAQ
In the current month, MBWM has received 1 Buy ratings 2 Hold ratings, and 0 Sell ratings. The MBWM average analyst price target in the past 3 months is $53.00.
-
Where Will Mercantile Bank Stock Be In 1 Year?
According to analysts, the consensus estimate is that Mercantile Bank share price will rise to $53.00 per share over the next 12 months.
-
What Do Analysts Say About Mercantile Bank?
Analysts are divided on their view about Mercantile Bank share price and where it will be in the next 12 months. The majority of analysts rate the stock a Buy. However, a smaller subset of analysts suggest that Mercantile Bank is a Sell and believe this share price will drop from its current level to $50.00.
-
What Is Mercantile Bank's Price Target?
The price target for Mercantile Bank over the next 1-year time period is forecast to be $53.00 according to 3 Wall Street analysts, 1 of them rates the stock a Buy, 0 rate the stock a Sell, and 2 analysts rate the stock a Hold.
-
Is MBWM A Buy, Sell Or Hold?
According to Wall Street analysts, the consensus rating for Mercantile Bank is a Hold. 2 of 3 analysts rate the stock a Hold at this time.
-
How Can I Buy Shares Of MBWM?
You can purchase shares of Mercantile Bank via an online brokerage firm such as TD Ameritrade.com, thinkorswim.com, e-trade.com, tastytrade.com, or Schwab.com. Many other digital online brokerages exist such as RobinHood and Webull where you can purchase Mercantile Bank shares.
-
What Is The Mercantile Bank Share Price Today?
Mercantile Bank was last trading at $45.10 per share. This represents the most recent stock quote for Mercantile Bank. Yesterday, Mercantile Bank closed at $44.48 per share.
-
How To Buy Mercantile Bank Stock Online?
In order to purchase Mercantile Bank stock online, open a brokerage account, deposit funds into the account, and select an order type to purchase shares whether it be market or limit.
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