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Mercantile Bank Corporation (MBWM)
NASDAQ: MBWM · Real-Time Price · USD
59.61
-0.19 (-0.32%)
At close: Aug 21, 2026, 4:00 PM EDT
59.62
+0.01 (0.02%)
After-hours: Aug 21, 2026, 7:30 PM EDT

Mercantile Bank Ratios and Metrics

Millions USD. Fiscal year is Jan - Dec.

Total Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Aug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Market Capitalization
1,030782718647531549
Market Cap Growth
32.94%8.86%10.98%21.81%-3.23%24.46%
Last Close Price
59.6147.3942.4337.2129.5729.82

Price Ratios

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Aug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
10.498.819.027.878.709.30
PS Ratio
3.903.283.222.972.892.97
PB Ratio
1.361.081.231.241.201.20
P/FCF Ratio
15.1169.757.7610.804.559.31
P/OCF Ratio
14.2543.507.109.714.438.50

Financial Efficiency

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Aug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Debt / Equity Ratio
0.941.041.161.661.521.54
Debt / FCF Ratio
10.4067.507.3414.485.7411.89
Net Debt / Equity Ratio
0.470.360.451.361.24-0.61
Net Debt / FCF Ratio
5.1623.202.8111.854.68-4.73
Return on Equity (ROE)
13.73%13.56%14.38%17.07%13.60%13.14%
Return on Assets (ROA)
1.47%1.38%1.40%1.61%1.21%1.22%

Yields

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Aug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Earnings Yield
9.24%11.35%11.08%12.71%11.49%10.75%
FCF Yield
6.62%1.43%12.89%9.26%22.00%10.74%
Dividend Yield
2.62%3.17%3.35%3.60%4.26%3.96%
Payout Ratio
27.46%26.99%28.23%25.55%32.10%31.39%
Buyback Yield / Dilution
-3.57%-0.66%-0.72%-0.98%0.80%1.73%
Total Shareholder Return
-0.95%2.50%2.63%2.62%5.06%5.69%
SEC Filings: 10-K · 10-Q