Mercantile Bank Valuation
| MBWM Stock | USD 54.71 0.22 0.40% |
At this time, the firm appears to be undervalued. Mercantile Bank secures a last-minute Real Value of $59.19 per share. The latest price of the firm is $54.71. Our model forecasts the value of Mercantile Bank from analyzing the firm fundamentals such as Current Valuation of 1.2 B, return on equity of 0.14, and Profit Margin of 0.37 % as well as examining its technical indicators and probability of bankruptcy. Key fundamental drivers impacting Mercantile Bank's valuation include:
Undervalued
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Please note that Mercantile Bank's price fluctuation is very steady at this time. Calculation of the real value of Mercantile Bank is based on 3 months time horizon. Increasing Mercantile Bank's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the Mercantile stock is determined by what a typical buyer is willing to pay for full or partial control of Mercantile Bank. Since Mercantile Bank is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Mercantile Stock. However, Mercantile Bank's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 54.71 | Real 59.19 | Target 57.0 | Hype 55.02 |
The intrinsic value of Mercantile Bank's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Mercantile Bank's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Mercantile Bank helps investors to forecast how Mercantile stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Mercantile Bank more accurately as focusing exclusively on Mercantile Bank's fundamentals will not take into account other important factors: Traditionally, analysts and sophisticated investors use multiple methods for valuing a cash-flow-generating entity or its stock. For example, some money managers use Mercantile Bank's intrinsic value based on its ongoing forecasts of Mercantile Bank's financial statements. In contrast, other private, professional wealth advisors use a multiplier approach by looking to relative value analysis against Mercantile Bank's closest peers.
Mercantile Bank Cash |
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Mercantile Revenue by Product
Mercantile Bank Total Value Analysis
Mercantile Bank is now anticipated to have valuation of 1.2 B with market capitalization of 939.98 M, debt of 825.88 M, and cash on hands of 284.01 M. Please note that valuation may be misleading and is a subject to auditing or accounting errors. We encourage investors to vigilantly validate all of the Mercantile Bank fundamentals before making equity appraisal based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
1.2 B | 939.98 M | 825.88 M | 284.01 M |
Mercantile Bank Investor Information
About 63.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.3. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Mercantile Bank has Price/Earnings To Growth (PEG) ratio of 2.51. The entity recorded earning per share (EPS) of 5.47. The firm last dividend was issued on the 6th of March 2026. Mercantile Bank had 105:100 split on the 19th of April 2007. Mercantile Bank is performing exceptionally good at this time. It has a great probability to report excellent financial results in March.| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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| Total Cash From Operating Activities | 122.1 M | 116.3 M |
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Mercantile Bank Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Mercantile Bank has an asset utilization ratio of 5.44 percent. This suggests that the Company is making $0.0544 for each dollar of assets. An increasing asset utilization means that Mercantile Bank is more efficient with each dollar of assets it utilizes for everyday operations.Mercantile Bank Profitability Analysis
Taking into consideration Mercantile Bank's profitability measurements, Mercantile Bank's profitability may be sliding down. It has an above-average probability of reporting lower numbers next quarter. Profitability indicators assess Mercantile Bank's ability to earn profits and add value for shareholders.Net Income | First Reported 1998-03-31 | Previous Quarter 23.8 M | Current Value 22.8 M | Quarterly Volatility 8.5 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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| Gross Profit Margin | 0.48 | 0.6403 |
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For Mercantile Bank profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Mercantile Bank to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Mercantile Bank utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Mercantile Bank's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Mercantile Bank over time as well as its relative position and ranking within its peers.
Mercantile Bank Earnings per Share Projection vs Actual
The next projected EPS of Mercantile Bank is estimated to be 1.34 with future projections ranging from a low of 1.3 to a high of 1.38. Mercantile Bank's most recent 12-month trailing earnings per share (EPS TTM) is at 5.47. Please be aware that the consensus of earnings estimates for Mercantile Bank is based on EPS before non-recurring items and includes expenses related to employee stock options.Mercantile Bank Earnings Estimation Breakdown
The calculation of Mercantile Bank's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Mercantile Bank is estimated to be 1.34 with the future projection ranging from a low of 1.3 to a high of 1.38. Please be aware that this consensus of annual earnings estimates for Mercantile Bank is based on EPS before non-recurring items and includes expenses related to employee stock options.Last Reported EPS
1.30 Lowest | Expected EPS | 1.38 Highest |
Mercantile Bank Earnings Projection Consensus
Suppose the current estimates of Mercantile Bank's value are higher than the current market price of the Mercantile Bank stock. In this case, investors may conclude that Mercantile Bank is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Mercantile Bank's stock will quickly adjusts to the new information provided by the consensus estimate.
| Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 31st of March 2026 | Current EPS (TTM) | |
| 4 | 93.21% | 1.4 | 1.34 | 5.47 |
Mercantile Bank Ownership Allocation
Mercantile Bank maintains a total of 17.18 Million outstanding shares. Over half of Mercantile Bank's outstanding shares are owned by institutional investors. These institutional investors are typically referred to as corporate investors that shop for positions in a given instrument to benefit from reduced trade commissions. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.Mercantile Bank Profitability Analysis
The company reported the previous year's revenue of 371.8 M. Net Income was 79.59 M with profit before overhead, payroll, taxes, and interest of 238.45 M.Mercantile Bank Past Distributions to stockholders
About Mercantile Bank Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of Mercantile Bank. In general, an absolute valuation paradigm, as applied to this company, attempts to find the value of Mercantile Bank based exclusively on its fundamental and basic technical indicators. By analyzing Mercantile Bank's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of Mercantile Bank's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of Mercantile Bank. We calculate exposure to Mercantile Bank's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Mercantile Bank's related companies.| Last Reported | Projected for Next Year | ||
| Gross Profit | 238.1 M | 250 M | |
| Pretax Profit Margin | 0.27 | 0.15 | |
| Operating Profit Margin | 0.27 | 0.15 | |
| Net Profit Margin | 0.24 | 0.12 | |
| Gross Profit Margin | 0.64 | 0.48 |
A single share of Mercantile Bank represents a small ownership stake in the entity. As a stockholder of Mercantile, your percentage of company ownership is determined by dividing the number of shares you own by the total number of shares outstanding and then multiplying that amount by 100. Owning stock in a company generally confers both corporate voting rights and income from any dividends paid to the stock owner.
Mercantile Bank Dividends Analysis For Valuation
At this time, Mercantile Bank's Dividends Paid is very stable compared to the past year. As of the 9th of February 2026, Dividend Paid And Capex Coverage Ratio is likely to grow to 3.38, while Dividend Yield is likely to drop 0.02. . At this time, Mercantile Bank's Retained Earnings are very stable compared to the past year. As of the 9th of February 2026, Retained Earnings Total Equity is likely to grow to about 261.2 M, while Earning Assets are likely to drop about 497.2 M.
| Last Reported | Projected for Next Year | ||
| Dividends Paid | 25.8 M | 27.1 M | |
| Dividend Yield | 0.03 | 0.02 | |
| Dividend Payout Ratio | 0.27 | 0.22 | |
| Dividend Paid And Capex Coverage Ratio | 2.94 | 3.38 |
There are various types of dividends Mercantile Bank can pay to its shareholders, and the actual value of the dividend is determined on a per-share basis. It is to be paid equally to all of Mercantile shareholders on a specific date, known as the payable date. The cash dividend is the most common type of dividend payment - it is the payment of actual cash from Mercantile Bank directly to its shareholders. There are other types of dividends that companies can issue, such as stock dividends or asset dividends. When Mercantile pays a dividend, it has no impact on its enterprise value. It does, however, lowers the Equity Value of Mercantile Bank by the value of the dividends paid out.
Mercantile Bank Growth Indicators
Investing in growth stocks can be very risky. If the company such as Mercantile Bank does not do well, investors take a loss on the stock when it is time to sell. Also, because growth stocks typically do not pay dividends, the only opportunity an investor has to make money on their investment is when they eventually sell their shares.
| Common Stock Shares Outstanding | 16.3 M | |
| Quarterly Earnings Growth Y O Y | 0.157 | |
| Forward Price Earnings | 10.8696 |
Mercantile Bank Current Valuation Indicators
Mercantile Bank's valuation analysis is a process of estimating the intrinsic value of all assets and outstanding equities. There are different methodologies and models we use to develop the final Mercantile Bank's valuation. The techniques such as discounted cash flow and fundamental indicators such as book value per share or market capitalization are well known and widely used across most financial advisers and money managers.
Valuations are an essential part of business, for companies themselves, but also for investors. For companies, such as Mercantile Bank, valuations can help measure their progress and success and can help them track their performance in the market compared to others. In addition, investors can use Mercantile Bank's valuations to help determine the worth of potential investments. They can do this by using data and information made public by a company. Regardless of who the valuation is for, it essentially describes Mercantile Bank's worth.When determining whether Mercantile Bank is a strong investment it is important to analyze Mercantile Bank's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Mercantile Bank's future performance. For an informed investment choice regarding Mercantile Stock, refer to the following important reports: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mercantile Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in child. To learn how to invest in Mercantile Stock, please use our How to Invest in Mercantile Bank guide.You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
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.