Mercantile Bank Corporation (MBWM)
NASDAQ: MBWM · Real-Time Price · USD
51.08
-0.89 (-1.71%)
Apr 29, 2026, 11:45 AM EDT - Market open
Mercantile Bank Ratios and Metrics
Market cap in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
| Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
| Apr '26 Apr 29, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| Market Capitalization | 882 | 782 | 718 | 647 | 531 | 549 | |
| Market Cap Growth | 41.09% | 8.86% | 10.98% | 21.81% | -3.23% | 24.46% | |
| Last Close Price | 51.97 | 47.74 | 42.75 | 37.48 | 29.79 | 30.05 | |
| PE Ratio | 9.33 | 8.81 | 9.02 | 7.87 | 8.70 | 9.30 | |
| PS Ratio | 3.55 | 3.28 | 3.22 | 2.97 | 2.89 | 2.97 | |
| PB Ratio | 1.22 | 1.08 | 1.23 | 1.24 | 1.20 | 1.20 | |
| P/FCF Ratio | - | 69.75 | 7.76 | 10.80 | 4.55 | 9.31 | |
| P/OCF Ratio | - | 43.50 | 7.10 | 9.71 | 4.43 | 8.50 | |
| Debt / Equity Ratio | 0.95 | 1.04 | 1.16 | 1.66 | 1.52 | 1.54 | |
| Debt / FCF Ratio | - | 67.50 | 7.34 | 14.48 | 5.74 | 11.89 | |
| Net Debt / Equity Ratio | 0.17 | 0.36 | 0.45 | 1.36 | 1.24 | -0.61 | |
| Net Debt / FCF Ratio | - | 23.20 | 2.81 | 11.85 | 4.68 | -4.73 | |
| Return on Equity (ROE) | 13.66% | 13.56% | 14.38% | 17.07% | 13.60% | 13.14% | |
| Return on Assets (ROA) | 1.41% | 1.38% | 1.40% | 1.61% | 1.21% | 1.22% | |
| Earnings Yield | 10.24% | 11.35% | 11.08% | 12.71% | 11.49% | 10.75% | |
| FCF Yield | - | 1.43% | 12.89% | 9.26% | 22.00% | 10.74% | |
| Dividend Yield | 3.00% | 3.14% | 3.32% | 3.57% | 4.23% | 3.93% | |
| Payout Ratio | 27.65% | 26.99% | 28.23% | 25.55% | 32.10% | 31.39% | |
| Buyback Yield / Dilution | -2.15% | -0.66% | -0.72% | -0.98% | 0.80% | 1.73% | |
| Total Shareholder Return | 0.85% | 2.48% | 2.60% | 2.59% | 5.03% | 5.66% | |
Source: S&P Capital IQ. Banks template.
Financial Sources.