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Mercantile Bank Corp

$52.74
Market Cap 910.98M
ROE 13.4%
Gross Margin 100.0%
Debt/Equity 1.0
Current Ratio 0.0
Revenue QoQ 25.8%
EPS QoQ 0.1%
F-Score 6

About

Based in Grand Rapids, Michigan, Mercantile Bank Corporation is the bank holding company for Mercantile Bank and Eastern Michigan Bank. Mercantile Bank and Eastern Michigan Bank provide financial products and services in a professional and personalized manner designed to make banking easier for businesses, individuals, and governmental units. Distinguished by exceptional service, knowledgeable staff, and commitment to the communities they serve, Mercantile Bank and Eastern Michigan Bank together comprise one of the largest Michigan-based banking organizations with total combined assets of $6.9 billion. Mercantile Bank Corporation's common stock is listed on the NASDAQ Global Select Market under the symbol "MBWM."

Exchange
NASDAQ
Sector
Financial Services
Industry
Banks - Regional

Sector context

Financial Services

Overvalued

Trading at a discount to sector peers

P/E
9.89
vs median 5.68
P/B
1.23
vs median 1.01
ROE
0.13
vs median 0.17

Decent quality with acceptable fundamentals

Small-cap company with higher volatility

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