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Mercantile Bank Corporation

MBWM • Banks - Regional
$59.04
— 0.00 (0.00%)
Current price
EarningsOct 20, 11:10 AM UTC
New financial eventQ2 2026Positive

Mercantile Bank Corporation has reported Q2 2026 financial results

The latest report is predominantly positive and shows an overall improvement in financial performance. Revenue and profitability advanced at a meaningful pace, while the weaker areas should be reviewed in context. The report may attract increased investor attention and price volatility.

Finzati signal
Positive development
Oct 20, 11:10 AM UTC
Improved
+5.11%
Revenue
Improved
+14.63%
Net income
Improved
+37.84%
Cash
Improved
-6.97%
Total debt
What changed
↑Revenue increased 5.1% versus the comparable prior period, indicating stronger top-line growth.
↑Net income increased 14.6%, showing improved profitability.
↓Total debt declined 7.0%, modestly improving financial flexibility.
↑Cash and short-term investments increased 37.8%.
Based on newly processed financial statements and comparable prior-period data.This is informational analysis, not investment advice.
Financial data as of: Jun 30, 2026, 12:00 AM UTCLast earnings update: Oct 20, 2026, 11:10 AM UTCLast profile update: Oct 20, 2026, 12:17 PM UTC

Company Snapshot

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

Price$59.04
Change0.00%
Shares Out17.26M
Market Cap$1.02B
Enterprise Value$511.23M
52W Range42.88 - 62.95
Beta0.84
P/E10.70
P/S2.65
P/B1.35
P/FCF14.94
EV/Sales1.33

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 · 2026-10-20
81/100
Bullish
Bullish
5
Hold
3
Bearish
0
Price Target
2026-10-20
Low
$62.00
Mean
$64.00
Median
$65.00
High
$65.00

Company Overview

IPO: 7/20/1999
Industry: Banks - Regional
P/B i: 1.35
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