Mercantile Bank Net Income
| MBWM Stock | USD 53.92 0.14 0.26% |
As of the 17th of February 2026, Mercantile Bank secures the Downside Deviation of 1.27, risk adjusted performance of 0.1448, and Mean Deviation of 1.15. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Mercantile Bank, as well as the relationship between them. Please verify Mercantile Bank variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if Mercantile Bank is priced some-what accurately, providing market reflects its recent price of 53.92 per share. Given that Mercantile Bank has jensen alpha of 0.231, we recommend you to check Mercantile Bank's last-minute market performance to make sure the company can sustain itself at a future point.
Mercantile Bank Total Revenue |
|
Gross Profit | Profit Margin | Market Capitalization | Enterprise Value Revenue 5.867 | Revenue |
| Last Reported | Projected for Next Year | ||
| Net Income | 88.8 M | 93.2 M | |
| Net Income Applicable To Common Shares | 70.2 M | 73.7 M | |
| Net Income From Continuing Ops | 91.5 M | 47.1 M | |
| Net Income Per Share | 5.46 | 5.73 | |
| Net Income Per E B T | 0.87 | 0.70 |
Mercantile | Net Income | Build AI portfolio with Mercantile Stock |
Evaluating Mercantile Bank's Net Income across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Mercantile Bank's fundamental strength.
Latest Mercantile Bank's Net Income Growth Pattern
Below is the plot of the Net Income of Mercantile Bank over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Mercantile Bank financial statement analysis. It represents the amount of money remaining after all of Mercantile Bank operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Mercantile Bank's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Mercantile Bank's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 88.75 M | 10 Years Trend |
|
Net Income |
| Timeline |
Mercantile Net Income Regression Statistics
| Arithmetic Mean | 45,467,041 | |
| Coefficient Of Variation | 62.13 | |
| Mean Deviation | 22,944,284 | |
| Median | 42,024,000 | |
| Standard Deviation | 28,246,858 | |
| Sample Variance | 797.9T | |
| Range | 94.3M | |
| R-Value | 0.94 | |
| Mean Square Error | 92.2T | |
| R-Squared | 0.89 | |
| Slope | 5,282,156 | |
| Total Sum of Squares | 12766.2T |
Mercantile Net Income History
Other Fundumenentals of Mercantile Bank
| Net Income Applicable To Common Shares | ||
| Net Income From Continuing Ops | ||
| Net Income Per Share | ||
| Net Income Per E B T |
Mercantile Bank Net Income component correlations
Mercantile Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Mercantile Bank is extremely important. It helps to project a fair market value of Mercantile Stock properly, considering its historical fundamentals such as Net Income. Since Mercantile Bank's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Mercantile Bank's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Mercantile Bank's interrelated accounts and indicators.
Click cells to compare fundamentals
Will Regional Banks sector continue expanding? Could Mercantile diversify its offerings? Factors like these will boost the valuation of Mercantile Bank. Expected growth trajectory for Mercantile significantly influences the price investors are willing to assign. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Mercantile Bank data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 0.157 | Dividend Share 1.5 | Earnings Share 5.47 | Revenue Per Share | Quarterly Revenue Growth 0.087 |
Investors evaluate Mercantile Bank using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Mercantile Bank's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause Mercantile Bank's market price to deviate significantly from intrinsic value.
Understanding that Mercantile Bank's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Mercantile Bank represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Conversely, Mercantile Bank's market price signifies the transaction level at which participants voluntarily complete trades.
Mercantile Bank 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Mercantile Bank's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Mercantile Bank.
| 11/19/2025 |
| 02/17/2026 |
If you would invest 0.00 in Mercantile Bank on November 19, 2025 and sell it all today you would earn a total of 0.00 from holding Mercantile Bank or generate 0.0% return on investment in Mercantile Bank over 90 days. Mercantile Bank is related to or competes with Northeast Bancorp, Business First, CNB Financial, Amerant Bancorp, Hbt Financial, TrustCo Bank, and Metropolitan Bank. Mercantile Bank Corporation operates as the bank holding company for Mercantile Bank of Michigan that provides commercia... More
Mercantile Bank Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Mercantile Bank's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Mercantile Bank upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.27 | |||
| Information Ratio | 0.1307 | |||
| Maximum Drawdown | 9.88 | |||
| Value At Risk | (1.75) | |||
| Potential Upside | 3.78 |
Mercantile Bank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mercantile Bank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mercantile Bank's standard deviation. In reality, there are many statistical measures that can use Mercantile Bank historical prices to predict the future Mercantile Bank's volatility.| Risk Adjusted Performance | 0.1448 | |||
| Jensen Alpha | 0.231 | |||
| Total Risk Alpha | 0.1529 | |||
| Sortino Ratio | 0.1694 | |||
| Treynor Ratio | 0.3726 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Mercantile Bank's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Mercantile Bank February 17, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1448 | |||
| Market Risk Adjusted Performance | 0.3826 | |||
| Mean Deviation | 1.15 | |||
| Semi Deviation | 1.0 | |||
| Downside Deviation | 1.27 | |||
| Coefficient Of Variation | 577.61 | |||
| Standard Deviation | 1.65 | |||
| Variance | 2.71 | |||
| Information Ratio | 0.1307 | |||
| Jensen Alpha | 0.231 | |||
| Total Risk Alpha | 0.1529 | |||
| Sortino Ratio | 0.1694 | |||
| Treynor Ratio | 0.3726 | |||
| Maximum Drawdown | 9.88 | |||
| Value At Risk | (1.75) | |||
| Potential Upside | 3.78 | |||
| Downside Variance | 1.62 | |||
| Semi Variance | 1.01 | |||
| Expected Short fall | (1.45) | |||
| Skewness | 0.636 | |||
| Kurtosis | 2.01 |
Mercantile Bank Backtested Returns
Mercantile Bank appears to be very steady, given 3 months investment horizon. Mercantile Bank has Sharpe Ratio of 0.22, which conveys that the firm had a 0.22 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Mercantile Bank, which you can use to evaluate the volatility of the firm. Please exercise Mercantile Bank's Mean Deviation of 1.15, downside deviation of 1.27, and Risk Adjusted Performance of 0.1448 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Mercantile Bank holds a performance score of 17. The company secures a Beta (Market Risk) of 0.74, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Mercantile Bank's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mercantile Bank is expected to be smaller as well. Please check Mercantile Bank's value at risk, as well as the relationship between the skewness and day median price , to make a quick decision on whether Mercantile Bank's current price movements will revert.
Auto-correlation | 0.67 |
Good predictability
Mercantile Bank has good predictability. Overlapping area represents the amount of predictability between Mercantile Bank time series from 19th of November 2025 to 3rd of January 2026 and 3rd of January 2026 to 17th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Mercantile Bank price movement. The serial correlation of 0.67 indicates that around 67.0% of current Mercantile Bank price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.67 | |
| Spearman Rank Test | 0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 4.8 |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Mercantile Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
|
Based on the recorded statements, Mercantile Bank reported net income of 88.75 M. This is 93.05% lower than that of the Banks sector and significantly higher than that of the Financials industry. The net income for all United States stocks is 84.46% higher than that of the company.
Mercantile Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Mercantile Bank's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Mercantile Bank could also be used in its relative valuation, which is a method of valuing Mercantile Bank by comparing valuation metrics of similar companies.Mercantile Bank is currently under evaluation in net income category among its peers.
Mercantile Bank ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Mercantile Bank's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Mercantile Bank's managers, analysts, and investors.Environmental | Governance | Social |
Mercantile Bank Institutional Holders
Institutional Holdings refers to the ownership stake in Mercantile Bank that is held by large financial organizations, pension funds or endowments. Institutions may hold large blocks of Mercantile Bank's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Mercantile Bank's value.| Shares | Northern Trust Corp | 2025-06-30 | 176.5 K | Jpmorgan Chase & Co | 2025-06-30 | 155.9 K | Millennium Management Llc | 2025-06-30 | 148 K | Hotchkis & Wiley Capital Management Llc | 2025-06-30 | 147.3 K | Proshare Advisors Llc | 2025-06-30 | 138.5 K | Charles Schwab Investment Management Inc | 2025-06-30 | 132.9 K | Morgan Stanley - Brokerage Accounts | 2025-06-30 | 113.8 K | Aqr Capital Management Llc | 2025-06-30 | 109.5 K | Bridgeway Capital Management, Llc | 2025-06-30 | 107.6 K | Blackrock Inc | 2025-06-30 | 1.5 M | Dimensional Fund Advisors, Inc. | 2025-06-30 | 1.1 M |
Mercantile Fundamentals
| Return On Equity | 0.14 | ||||
| Return On Asset | 0.0138 | ||||
| Profit Margin | 0.37 % | ||||
| Operating Margin | 0.44 % | ||||
| Current Valuation | 1.18 B | ||||
| Shares Outstanding | 17.18 M | ||||
| Shares Owned By Insiders | 3.12 % | ||||
| Shares Owned By Institutions | 62.63 % | ||||
| Number Of Shares Shorted | 173.95 K | ||||
| Price To Earning | 11.94 X | ||||
| Price To Book | 1.28 X | ||||
| Price To Sales | 3.89 X | ||||
| Revenue | 371.8 M | ||||
| Gross Profit | 238.45 M | ||||
| EBITDA | 106.5 M | ||||
| Net Income | 88.75 M | ||||
| Cash And Equivalents | 284.01 M | ||||
| Cash Per Share | 17.90 X | ||||
| Total Debt | 825.88 M | ||||
| Debt To Equity | 7.70 % | ||||
| Book Value Per Share | 42.19 X | ||||
| Cash Flow From Operations | 101.12 M | ||||
| Short Ratio | 1.65 X | ||||
| Earnings Per Share | 5.47 X | ||||
| Price To Earnings To Growth | 2.51 X | ||||
| Target Price | 57.4 | ||||
| Number Of Employees | 770 | ||||
| Beta | 0.9 | ||||
| Market Capitalization | 926.41 M | ||||
| Total Asset | 6.84 B | ||||
| Retained Earnings | 399.45 M | ||||
| Annual Yield | 0.03 % | ||||
| Five Year Return | 3.38 % | ||||
| Net Asset | 6.84 B | ||||
| Last Dividend Paid | 1.5 |
About Mercantile Bank Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Mercantile Bank's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mercantile Bank using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mercantile Bank based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Prophet is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ProphetCheck out To learn how to invest in Mercantile Stock, please use our How to Invest in Mercantile Bank guide.You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Will Regional Banks sector continue expanding? Could Mercantile diversify its offerings? Factors like these will boost the valuation of Mercantile Bank. Expected growth trajectory for Mercantile significantly influences the price investors are willing to assign. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Mercantile Bank data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 0.157 | Dividend Share 1.5 | Earnings Share 5.47 | Revenue Per Share | Quarterly Revenue Growth 0.087 |
Investors evaluate Mercantile Bank using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Mercantile Bank's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause Mercantile Bank's market price to deviate significantly from intrinsic value.
Understanding that Mercantile Bank's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Mercantile Bank represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Conversely, Mercantile Bank's market price signifies the transaction level at which participants voluntarily complete trades.