Mercantile Bank PLC. (DSE:MERCANBANK)

Market Cap	10.07B
Revenue (ttm)	12.91B
Net Income (ttm)	3.09B
Shares Out	1.11B
EPS (ttm)	2.79
PE Ratio	3.26
Forward PE	n/a
Dividend	1.00 (10.99%)
Ex-Dividend Date	May 9, 2024

Volume	1,565,660
Average Volume	815,334
Open	9.80
Previous Close	9.70
Day's Range	9.30 - 9.80
52-Week Range	8.70 - 12.90
Beta	0.06
RSI	24.89
Earnings Date	Apr 29, 2025

About Mercantile Bank PLC.

Mercantile Bank PLC. provides various commercial banking services in Bangladesh. The company offers current deposit, savings bank, special noticed deposit, and fixed deposit accounts, as well as various scheme and school banking deposits; home, car, personal, house furnishing, doctors, education, secured overdraft, and corporate and agriculture loans, as well as loans for green products refinance scheme; and small and medium enterprise financing services comprising term, continuous, short term seasonal, women entrepreneur's, and foreign trade l...

• Industry: Commercial Banks
• Founded: 1999
• Employees: 2,695
• Stock Exchange: Dhaka Stock Exchange
• Ticker Symbol: MERCANBANK

Financial Performance

In 2023, Mercantile Bank PLC.'s revenue was 11.50 billion, a decrease of -4.90% compared to the previous year's 12.09 billion. Earnings were 2.05 billion, a decrease of -12.59%.