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Mercantile Bank Corporation (MBWM)
NASDAQ: MBWM · Real-Time Price · USD
61.22
-0.14 (-0.23%)
Nov 11, 2026, 4:00 PM EST - Market closed

Mercantile Bank Ratios and Metrics

Millions USD. Fiscal year is Jan - Dec.

Total Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Nov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Market Capitalization
1,058782718647531549
Market Cap Growth
44.29%8.86%10.98%21.81%-3.23%24.46%
Last Close Price
61.2247.0842.1536.9729.3829.63

Price Ratios

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Nov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
10.918.819.027.878.709.30
PS Ratio
3.863.283.222.972.892.97
PB Ratio
1.421.081.231.241.201.20
P/FCF Ratio
11.3569.757.7610.804.559.31
P/OCF Ratio
10.9943.507.109.714.438.50

Financial Efficiency

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Nov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Debt / Equity Ratio
0.941.041.161.661.521.54
Debt / FCF Ratio
7.4967.507.3414.485.7411.89
Net Debt / Equity Ratio
0.060.360.451.361.24-0.61
Net Debt / FCF Ratio
0.4523.202.8111.854.68-4.73
Return on Equity (ROE)
13.63%13.56%14.38%17.07%13.60%13.14%
Return on Assets (ROA)
1.42%1.38%1.40%1.61%1.21%1.22%

Yields

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Nov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Earnings Yield
9.17%11.35%11.08%12.71%11.49%10.75%
FCF Yield
8.81%1.43%12.89%9.26%22.00%10.74%
Dividend Yield
2.61%3.30%3.19%3.34%3.79%3.40%
Payout Ratio
28.15%26.99%28.23%25.55%32.10%31.39%
Buyback Yield / Dilution
-4.99%-0.66%-0.72%-0.98%0.80%1.73%
Total Shareholder Return
-2.38%2.63%2.48%2.36%4.59%5.14%
SEC Filings: 10-K · 10-Q