Mercantile Bank Corp MBWM

Morningstar Rating
$42.56 −0.18 (0.42%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

MBWM is trading at a 813% premium.
Price
$42.67
Fair Value
$25.90
Uncertainty
Very High
1-Star Price
$19.24
5-Star Price
$48.54
Economic Moat
Wrfv
Capital Allocation

News

Trading Information

Previous Close Price
$42.74
Day Range
$42.4543.57
52-Week Range
$30.1251.21
Bid/Ask
$17.03 / $68.11
Market Cap
$686.82 Mil
Volume/Avg
36,510 / 75,268

Key Statistics

Price/Earnings (Normalized)
8.41
Price/Sales
2.97
Dividend Yield (Trailing)
3.29%
Dividend Yield (Forward)
3.38%
Total Yield
3.29%

Company Profile

Mercantile Bank Corp operates as a bank holding company. It provides a variety of commercial banking services to individuals, businesses, governmental units, and other institutions. It provides banking services offering deposit products including checking, savings, and term certificate accounts, and lending products including commercial, residential mortgage, and installment loans. The company generates revenue from interest and dividends earned on loans, securities, and other financial instruments.
Sector
Financial Services
Industry
Banks - Regional
Stock Style Box
Small Value
Total Number of Employees
665

Comparables

Valuation

Metric
MBWM
LNKB
SYBT
Price/Earnings (Normalized)
8.4180.2817.15
Price/Book Value
1.250.892.00
Price/Sales
2.972.355.38
Price/Cash Flow
7.5422.8613.22
Price/Earnings
MBWM
LNKB
SYBT

Financial Strength

Metric
MBWM
LNKB
SYBT
Quick Ratio
Current Ratio
Interest Coverage
Quick Ratio
No chart available

Profitability

Metric
MBWM
LNKB
SYBT
Return on Assets (Normalized)
1.56%0.73%1.34%
Return on Equity (Normalized)
16.31%7.30%12.69%
Return on Invested Capital (Normalized)
Return on Assets
MBWM
LNKB
SYBT

Banks - Regional Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
BNP Paribas ADR
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Intesa Sanpaolo ADR
ISNPY
VnpdzhrkfzLfnk$77.2 Bil
PNC Financial Services Group Inc
PNC
NykvyyhZwbqv$72.8 Bil
U.S. Bancorp
USB
ZtgcyfzgqdRfb$71.0 Bil
Itau Unibanco Holding SA ADR
ITUB
ZqsljngkvQndj$61.8 Bil
Truist Financial Corp
TFC
KnvkswybStfnhdb$56.9 Bil
Mizuho Financial Group Inc ADR
MFG
QztbcdthWgcnj$49.2 Bil
Lloyds Banking Group PLC ADR
LYG
HnyrcgdXwykwyh$49.0 Bil
NatWest Group PLC ADR
NWG
LmwtxwgwQbzr$38.5 Bil
Deutsche Bank AG
DB
MtbfLpc$33.9 Bil

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