Mercantile Bank Corp

Research Mercantile Bank Corp (MBWM) on Bullrun: valuation model: 3.4% undervalued, market cap USD 987.58M, P/E 10.3, dividend yield 2.7%. Explore financials, valuation history, model signals, and stock context.

Key Metrics

TickerMBWM
ExchangeNASDAQ
CountryUnited States
SectorFinancial Services
IndustryBanks-Regional
CurrencyUSD
Valuation signal3.4% undervalued
Market capUSD 987.58M
P/E10.3
Dividend yield2.7%
Financial periodFY2025
Net incomeUSD 88.75M

Valuation Snapshot

Bullrun's latest valuation model marks Mercantile Bank Corp as 3.4% undervalued; latest market cap is USD 987.58M; P/E is 10.3; dividend yield is 2.7%.

About Mercantile Bank Corp

Mercantile Bank Corporation operates as the bank holding company for Mercantile Bank that provides commercial and retail banking services to small- to medium-sized businesses and individuals in the United States. The company accepts various deposit products, such as checking, savings, and term certificate accounts; time deposits; and certificates of deposit. It also provides commercial and industrial loans; vacant land, land development, and residential construction loans;

Frequently asked questions

Is Mercantile Bank Corp overvalued or undervalued?

Bullrun's valuation model currently marks Mercantile Bank Corp as 3.4% undervalued.

What is Mercantile Bank Corp's market cap?

Mercantile Bank Corp's market capitalization is USD 987.58M.

What is Mercantile Bank Corp's P/E ratio?

Mercantile Bank Corp's price-to-earnings (P/E) ratio is 10.3.

Does Mercantile Bank Corp pay a dividend?

Mercantile Bank Corp has a dividend yield of 2.7%.