MBWM Mercantile Bank Corporation
Financial Services$52.20-0.74%ClosedMarket Cap: $901.7M
As of 2026-05-25
Valuation
P/E (TTM)
10.13
PEG
0.88
P/B
1.22
P/S
2.38
EV/EBITDA
14.40
DCF Value
$136.19
FCF Yield
4.8%
Div Yield
2.9%
Margins & Returns
Gross Margin
66.4%
Operating Margin
27.8%
Net Margin
24.2%
ROE
13.4%
ROA
1.3%
ROIC
1.3%
Income Statement
Periods shown are fiscal year quarters (may differ from calendar year)
| Period | Revenue | Gross Margin | Operating Income | Net Income | EPS | Dividend |
|---|---|---|---|---|---|---|
| Q1 null | $96.5M | 71.3% | $27.3M | $22.7M | $— | $0.39 |
| Q4 null | $93.3M | 65.8% | $24.6M | $22.8M | $— | $0.38 |
| FY null | $371.8M | 64.0% | $102.1M | $88.8M | $— | $1.50 |
| Q3 null | $96.0M | 64.8% | $27.4M | $23.8M | $— | $0.38 |
| Q2 null | $93.4M | 63.5% | $26.0M | $22.6M | $— | $0.37 |
| Q1 null | $89.0M | 61.9% | $24.0M | $19.5M | $— | $0.37 |
| Q4 null | $92.7M | 61.6% | $23.2M | $19.6M | $— | $0.36 |
| FY null | $361.9M | 61.9% | $98.3M | $79.6M | $— | $1.42 |
| Q3 null | $93.1M | 61.1% | $24.6M | $19.6M | $— | $0.36 |
| Q2 null | $88.6M | 60.1% | $23.5M | $18.8M | $— | $0.35 |
| Q1 null | $87.6M | 65.0% | $27.0M | $21.6M | $— | $0.35 |
| Q4 2023 | $82.1M | 67.2% | $25.2M | $20.0M | $1.25 | $0.34 |