Discounted Cash Flow Rating

Buy

Return on Equity Rating

Buy

Debt to Equity Rating

Buy

Price to Earnings Rating

Buy

Analyst Rating

Buy

Simple Moving Average

Neutral

Exponential Moving Average

Neutral

Relative Strength Index

Buy

Standard Deviation

Strong Buy

Williams %R

Strong Buy

Average Directional Index

Neutral

Insider Trading

Buy

Wall Street Data Solutions Rating

Buy

A

Mercantile Bank Corp (MBWM)

State Commercial Banks

https://www.mercbank.com

Mercantile Bank Corp operates as a bank holding company. The bank provides a variety of commercial banking services to individuals, businesses, governmental units, and other institutions. It provides banking services offering deposit products including checking, savings, and term certificate accounts, and lending products including commercial, residential mortgage, and installment loans. The company generates revenue from interest and dividends earned on loans, securities, and other financial instruments.

310 LEONARD STREET NW
GRAND RAPIDS, MI

Current Price

---.--

% Change Today

0.00%

Change Amt. Today

0.00

Active Status

Active

Listing Date

10/24/1997

Market Cap

701,828,530

Shares Outstanding

16,030,000

Weighted SO

16,125,662

Total Employees

N/A

Upcoming Earnings

10/15/2024

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MOFG --.--%

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Beta

0.9930

Last Div

1.4400

Range

30.12-51.21

Chg

0.6200

Avg Vol

67446

Mkt Cap

701828530

Exch

NASDAQ

Country

US

Phone

616 406 3000

DCF Diff

-49.8224

DCF

88.2724

Div Yield

0.0317

P/S

2.2775

EV Multiple

19.3625

P/FV

1.2722

Div Yield %

3.1731

P/E

8.6317

PEG

0.4149

Payout

0.2676

Current Ratio

0.0501

Quick Ratio

0.0501

Cash Ratio

0.0142

DSO

0.0000

DIO

0.0000

Op Cycle

0.0000

DPO

0.0000

CCC

0.0000

Gross Margin

-212.7778

Op Margin

0.3323

Pretax Margin

0.3300

Net Margin

0.2636

Eff Tax Rate

0.2012

ROA

0.0145

ROE

0.1552

ROCE

0.0827

NI/EBT

0.7988

EBT/EBIT

0.9931

EBIT/Rev

0.3323

Debt Ratio

0.1408

D/E

1.4310

LT Debt/Cap

0.4631

Total Debt/Cap

0.5887

Int Coverage

0.9436

CF/Debt

0.1069

Equity Multi

10.1649

Rec Turnover

0.0000

Pay Turnover

0.0000

Inv Turnover

0.0000

FA Turnover

6.1438

Asset Turnover

0.0550

OCF/Share

5.2301

FCF/Share

4.7440

Cash/Share

44.0227

OCF/Sales

0.2736

FCF/OCF

0.9071

CF Coverage

0.1069

ST Coverage

0.2691

CapEx Coverage

10.7597

Div&CapEx Cov

2.8508

P/BV

1.2722

P/B

1.2722

P/S

2.2775

P/E

8.6317

P/FCF

9.1758

P/OCF

8.3153

P/CF

8.3153

PEG

0.4149

P/S

2.2775

EV Multiple

19.3625

P/FV

1.2722

DPS

1.3800

Latest Headlines (EST)

GlobeNewswire Inc. Jan 16, 05:01 Mercantile Bank Corporation Announces Strong Fourth Quarter and Full-Year 2023 Results Seeking Alpha Nov 27, 00:43 Dividend Champion, Contender, And Challenger Highlights: Week Of November 26

Revenue Product Segmentation

Dividend History

Cash Value Ex-Dividend Date Declaration Date Record Date Pay Date
0.36 09/06/2024 07/11/2024 09/06/2024 09/18/2024
0.35 06/07/2024 04/11/2024 06/07/2024 06/19/2024
0.35 02/29/2024 01/11/2024 03/01/2024 03/13/2024
0.34 11/30/2023 10/12/2023 12/01/2023 12/13/2023
0.34 08/31/2023 07/13/2023 09/01/2023 09/13/2023
0.33 06/01/2023 04/13/2023 06/02/2023 06/14/2023
0.33 03/02/2023 01/12/2023 03/03/2023 03/15/2023
0.32 12/01/2022 10/13/2022 12/02/2022 12/14/2022
0.32 09/01/2022 07/14/2022 09/02/2022 09/14/2022
0.31 06/02/2022 04/14/2022 06/03/2022 06/15/2022
0.31 03/03/2022 01/18/2022 03/04/2022 03/16/2022
0.30 12/02/2021 10/19/2021 12/03/2021 12/15/2021
0.30 09/02/2021 07/20/2021 09/03/2021 09/15/2021
0.29 06/03/2021 04/15/2021 06/04/2021 06/16/2021
0.29 03/04/2021 01/19/2021 03/05/2021 03/17/2021
0.28 12/03/2020 10/15/2020 12/04/2020 12/16/2020
0.28 09/03/2020 07/16/2020 09/04/2020 09/16/2020
0.28 06/04/2020 04/16/2020 06/05/2020 06/17/2020
0.28 03/05/2020 01/16/2020 03/06/2020 03/18/2020
0.27 12/05/2019 10/10/2019 12/06/2019 12/18/2019
0.27 09/05/2019 07/11/2019 09/06/2019 09/18/2019
0.26 06/06/2019 04/11/2019 06/07/2019 06/19/2019
0.26 03/07/2019 01/17/2019 03/08/2019 03/20/2019
1.00 12/06/2018 10/11/2018 12/07/2018 12/19/2018
0.24 09/06/2018 07/12/2018 09/07/2018 09/19/2018
0.22 06/07/2018 04/12/2018 06/08/2018 06/20/2018
0.22 03/08/2018 01/11/2018 03/09/2018 03/21/2018
0.19 12/07/2017 10/12/2017 12/08/2017 12/20/2017
0.19 09/07/2017 07/19/2017 09/08/2017 09/20/2017
0.18 06/07/2017 04/18/2017 06/09/2017 06/21/2017
0.18 03/08/2017 01/17/2017 03/10/2017 03/22/2017
0.67 12/07/2016 10/18/2016 12/09/2016 12/21/2016
0.17 09/07/2016 07/19/2016 09/09/2016 09/21/2016
0.16 06/08/2016 04/19/2016 06/10/2016 06/23/2016
0.16 03/09/2016 01/19/2016 03/11/2016 03/23/2016
0.15 12/09/2015 10/20/2015 12/11/2015 12/23/2015
0.15 09/09/2015 07/21/2015 09/11/2015 09/23/2015
0.14 06/10/2015 04/21/2015 06/12/2015 06/24/2015
0.14 03/11/2015 01/20/2015 03/13/2015 03/25/2015
0.12 12/10/2014 10/21/2014 12/12/2014 12/24/2014
0.12 09/10/2014 07/22/2014 09/12/2014 09/24/2014
0.12 06/11/2014 05/09/2014 06/13/2014 06/25/2014
2.00 05/20/2014 05/09/2014 05/22/2014 05/29/2014
0.12 02/06/2014 01/21/2014 02/10/2014 03/10/2014
0.12 11/06/2013 10/15/2013 11/08/2013 12/10/2013
0.12 08/07/2013 07/16/2013 08/09/2013 09/10/2013
0.11 05/08/2013 04/16/2013 05/10/2013 06/10/2013
0.10 02/06/2013 01/15/2013 02/08/2013 03/08/2013
0.09 11/07/2012 10/16/2012 11/09/2012 12/10/2012
0.01 02/08/2010 01/19/2010 02/10/2010 03/10/2010
0.01 11/06/2009 10/20/2009 11/10/2009 12/10/2009
0.01 08/06/2009 07/21/2009 08/10/2009 09/10/2009
0.01 05/06/2009 04/15/2009 05/08/2009 06/10/2009
0.04 02/06/2009 01/14/2009 02/10/2009 03/10/2009
0.04 11/06/2008 10/14/2008 11/10/2008 12/10/2008
0.04 08/06/2008 07/16/2008 08/08/2008 09/10/2008
0.08 05/07/2008 04/09/2008 05/09/2008 06/10/2008
0.15 02/06/2008 01/09/2008 02/08/2008 03/10/2008
0.14 11/07/2007 10/10/2007 11/09/2007 12/10/2007
0.14 08/08/2007 07/11/2007 08/10/2007 09/10/2007
0.13 05/08/2007 04/11/2007 05/10/2007 06/08/2007
0.14 02/07/2007 01/10/2007 02/09/2007 03/09/2007
0.13 11/08/2006 10/11/2006 11/10/2006 12/08/2006
0.13 08/08/2006 07/12/2006 08/10/2006 09/08/2006
0.13 05/15/2006 04/12/2006 05/17/2006 06/09/2006
0.12 02/08/2006 01/11/2006 02/10/2006 03/10/2006
0.11 11/08/2005 10/10/2005 11/10/2005 12/09/2005
0.10 08/08/2005 07/08/2005 08/10/2005 09/09/2005
0.11 05/06/2005 04/07/2005 05/10/2005 06/10/2005
0.10 02/08/2005 01/12/2005 02/10/2005 03/10/2005
0.09 11/08/2004 10/07/2004 11/10/2004 12/10/2004
0.09 08/06/2004 07/08/2004 08/10/2004 09/10/2004
0.09 05/06/2004 04/08/2004 05/10/2004 06/10/2004
0.09 02/06/2004 01/07/2004 02/10/2004 03/10/2004
0.08 11/06/2003 10/07/2003 11/10/2003 12/10/2003
0.08 08/07/2003 07/09/2003 08/11/2003 09/10/2003
0.08 05/08/2003 04/09/2003 05/12/2003 06/10/2003
0.08 02/06/2003 01/07/2003 02/10/2003 03/10/2003