Finzati - Logo
MBWM logo

Mercantile Bank Corporation

MBWM • Banks - Regional
$62.14
▲ +0.41 (+0.66%)
Current price
EarningsLatest report: Mar 31, 2026
FAVORABLE PROFILEAttractiveConfidence: 70%

Quantitative profile — not an investment recommendation.

Quantitative profile — not an investment recommendation.Methodology
Analysis thesis: Strong business quality with supportive growth and cash-flow evidence. Valuation still matters, but the historical ratio profile is favorable.
Market Cap
$1.07B
Growth
8.1%
Cash Flow
5/5
Trend
Stable
Evidence
Stable or improving margins · 23.9%Positive revenue growth · 16.5%Positive free cash flow · 0.69Consistent free cash flow · 5/5Reasonable earnings multiple · 8.81
Financial data as of: Mar 31, 2026, 12:00 AM UTCLast earnings update: Apr 21, 2026, 12:00 AM UTCLast profile update: Aug 5, 2026, 2:27 PM UTC

Company Snapshot

Key valuation, quality, financial strength, momentum and analyst data.

Price$62.14
Change0.66%
Shares Out17.24M
Market Cap$1.07B
Enterprise Value$1.73B
52W Range42.17 - 55.77
Beta0.83
P/E11.66
P/S2.82
P/B1.45
P/FCF24.86
EV/Sales4.55

Investment DNA

How strong this company looks for long-term investors

70
out of 100
Business Quality
Margins, moat, returns
85/100
Financial Strength
Debt, cash, stability
30/100
Growth Potential
Revenue and expansion
58/100
Price Attractiveness
Cheap or expensive today
75/100
Why this score▼
Stable or improving margins · 23.9%Positive revenue growth · 16.5%Positive free cash flow · 0.69Consistent free cash flow · 5/5Reasonable earnings multiple · 8.81Weak liquidity · 0.29

Analyst view

Analyst sentiment and price target

MBWM
Analyst sentiment
Based on 8 analyst votes · 2026-09-05
81/100
Bullish
Bullish
5
Hold
3
Bearish
0
Price Target
2026-06-06
Low
$57.00
Mean
$57.00
Median
$57.00
High
$57.00

Company Overview

IPO: 7/20/1999
Industry: Banks - Regional
P/B i: 1.45
Debt / Equity i: 1.14
Operating Margin: 27.46%
Net Margin: 23.87%
ROE i: -
ROIC: -

Financial Health

Score6 / 20
Debt / Equity: 1.14
Current Ratio: 0.29
Quick Ratio: 0.29
Status: Weak

Warnings

  • Weak Liquidity
  • Weak quick ratio

Insider Transactions

Recent executive and insider activity

Sparks Amy L
Transaction: 05/22/2026
BUY
Change
+906
Price
Not reported
Filing
05/27/2026
Type
BUY
Williams Shoran R
Transaction: 05/22/2026
BUY
Change
+715
Price
Not reported
Filing
05/27/2026
Type
BUY
MacDonald Richard D
Transaction: 05/22/2026
BUY
Change
+715
Price
Not reported
Filing
05/27/2026
Type
BUY