Mercantile Bank Corporation (MBWM)

Last Closing Price: 46.79 (2025-09-17)

Profile
Ticker
MBWM
Security Name
Mercantile Bank Corporation
Exchange
NASDAQ
Sector
Financial Services
Industry
Banks - Regional
Free Float
15,729,000
Market Capitalization
760,110,000
Average Volume (Last 20 Days)
44,792
Beta (Past 60 Months)
0.95
Percentage Held By Insiders (Latest Annual Proxy Report)
3.20
Percentage Held By Institutions (Latest 13F Reports)
58.63
Recent Price/Volume
Closing Price
46.79
Opening Price
46.69
High Price
48.15
Low Price
46.40
Volume
68,400
Previous Closing Price
46.78
Previous Opening Price
47.25
Previous High Price
47.92
Previous Low Price
46.35
Previous Volume
38,500
High/Low Price
52-Week High Price
51.35
26-Week High Price
50.13
13-Week High Price
50.13
4-Week High Price
49.84
2-Week High Price
49.79
1-Week High Price
48.38
52-Week Low Price
37.16
26-Week Low Price
37.16
13-Week Low Price
42.36
4-Week Low Price
46.35
2-Week Low Price
46.35
1-Week Low Price
46.35
High/Low Volume
52-Week High Volume
295,000
26-Week High Volume
226,000
13-Week High Volume
226,000
4-Week High Volume
83,000
2-Week High Volume
68,400
1-Week High Volume
68,400
52-Week Low Volume
26,700
26-Week Low Volume
28,400
13-Week Low Volume
30,000
4-Week Low Volume
30,000
2-Week Low Volume
30,000
1-Week Low Volume
32,300
Money Flow
Total Money Flow, Past 52 Weeks
750,376,397
Total Money Flow, Past 26 Weeks
371,976,519
Total Money Flow, Past 13 Weeks
213,090,112
Total Money Flow, Past 4 Weeks
43,226,884
Total Money Flow, Past 2 Weeks
19,857,536
Total Money Flow, Past Week
10,695,850
Total Money Flow, 1 Day
3,222,552
Total Volume
Total Volume, Past 52 Weeks
16,555,700
Total Volume, Past 26 Weeks
8,243,000
Total Volume, Past 13 Weeks
4,507,800
Total Volume, Past 4 Weeks
896,500
Total Volume, Past 2 Weeks
414,400
Total Volume, Past Week
225,200
Percent Change in Price
Percent Change in Price, Past 52 Weeks
6.64
Percent Change in Price, Past 26 Weeks
5.50
Percent Change in Price, Past 13 Weeks
8.25
Percent Change in Price, Past 4 Weeks
-1.14
Percent Change in Price, Past 2 Weeks
-3.19
Percent Change in Price, Past Week
-2.15
Percent Change in Price, 1 Day
0.02
New High/Low in Price
Reached New 52-Week High Price
False
Reached New 26-Week High Price
False
Reached New 13-Week High Price
False
Reached New 4-Week High Price
False
Reached New 2-Week High Price
False
Reached New 1-Week High Price
False
Reached New 52-Week Low Price
False
Reached New 26-Week Low Price
False
Reached New 13-Week Low Price
False
Reached New 4-Week Low Price
False
Reached New 2-Week Low Price
False
Reached New 1-Week Low Price
False
Consecutive Days/Weeks of Increasing/Decreasing Price
Consecutive Days of Increasing Price
1
Consecutive Weeks of Increasing Price
0
Consecutive Days of Decreasing Price
0
Consecutive Weeks of Decreasing Price
3
Consecutive Days/Weeks of Increasing/Decreasing Volume
Consecutive Days of Increasing Volume
1
Consecutive Weeks of Increasing Volume
0
Consecutive Days of Decreasing Volume
0
Consecutive Weeks of Decreasing Volume
1
New High/Low in Volume
Had New 52-Week High Volume
False
Had New 26-Week High Volume
False
Had New 13-Week High Volume
False
Had New 4-Week High Volume
False
Had New 2-Week High Volume
True
Had New 1-Week High Volume
True
Had New 52-Week Low Volume
False
Had New 26-Week Low Volume
False
Had New 13-Week Low Volume
False
Had New 4-Week Low Volume
False
Had New 2-Week Low Volume
False
Had New 1-Week Low Volume
False
Moving Averages
Simple Moving Average (5-Day)
47.42
Simple Moving Average (10-Day)
47.87
Simple Moving Average (20-Day)
48.21
Simple Moving Average (50-Day)
47.29
Simple Moving Average (100-Day)
45.77
Simple Moving Average (200-Day)
45.27
Previous Simple Moving Average (5-Day)
47.62
Previous Simple Moving Average (10-Day)
48.03
Previous Simple Moving Average (20-Day)
48.20
Previous Simple Moving Average (50-Day)
47.34
Previous Simple Moving Average (100-Day)
45.72
Previous Simple Moving Average (200-Day)
45.28
Technical Indicators
MACD (12, 26, 9)
0.09
MACD (12, 26, 9) Signal
0.36
Previous MACD (12, 26, 9)
0.19
Previous MACD (12, 26, 9) Signal
0.43
RSI (14-Day)
43.34
Previous RSI (14-Day)
43.25
Stochastic (14, 3, 3) %K
13.55
Stochastic (14, 3, 3) %D
20.57
Previous Stochastic (14, 3, 3) %K
17.76
Previous Stochastic (14, 3, 3) %D
28.87
Upper Bollinger Band (20, 2)
49.92
Lower Bollinger Band (20, 2)
46.50
Previous Upper Bollinger Band (20, 2)
49.94
Previous Lower Bollinger Band (20, 2)
46.46
Income Statement Financials
Quarterly Revenue (MRQ)
93,420,000
Quarterly Net Income (MRQ)
22,618,000
Previous Quarterly Revenue (QoQ)
89,040,000
Previous Quarterly Revenue (YoY)
88,560,000
Previous Quarterly Net Income (QoQ)
19,537,000
Previous Quarterly Net Income (YoY)
18,786,000
Revenue (MRY)
361,891,000
Net Income (MRY)
79,593,000
Previous Annual Revenue
303,501,000
Previous Net Income
82,217,000
Cost of Goods Sold (MRY)
130,416,000
Gross Profit (MRY)
231,475,000
Operating Expenses (MRY)
263,605,000
Operating Income (MRY)
98,286,000
Non-Operating Income/Expense (MRY)
Pre-Tax Income (MRY)
98,286,000
Normalized Pre-Tax Income (MRY)
98,286,000
Income after Taxes (MRY)
79,593,000
Income from Continuous Operations (MRY)
79,593,000
Consolidated Net Income/Loss (MRY)
79,593,000
Normalized Income after Taxes (MRY)
79,593,000
EBIT (MRY)
EBITDA (MRY)
Balance Sheet Financials
Current Assets (MRQ)
4,963,285,000
Property, Plant, and Equipment (MRQ)
54,792,000
Long-Term Assets (MRQ)
1,217,703,000
Total Assets (MRQ)
6,180,988,000
Current Liabilities (MRQ)
5,053,090,000
Long-Term Debt (MRQ)
496,379,000
Long-Term Liabilities (MRQ)
496,379,000
Total Liabilities (MRQ)
5,549,469,000
Common Equity (MRQ)
631,519,000
Tangible Shareholders Equity (MRQ)
582,045,500
Shareholders Equity (MRQ)
631,519,000
Common Shares Outstanding (MRQ)
16,249,000
Cash Flow Statement Financials
Cash Flow from Operating Activities (MRY)
101,118,000
Cash Flow from Investing Activities (MRY)
-425,436,000
Cash Flow from Financial Activities (MRY)
586,795,000
Beginning Cash (MRY)
130,533,000
End Cash (MRY)
393,010,000
Increase/Decrease in Cash (MRY)
262,477,000
Fundamental Ratios
PE Ratio (Current Year Earnings Estimate)
8.94
PE Ratio (Trailing 12 Months)
9.28
PEG Ratio (Long Term Growth Estimate)
Price to Sales Ratio (Trailing 12 Months)
2.06
Price to Book Ratio (Most Recent Quarterly Book Value per Share)
1.20
Price to Cash Ratio (Most Recent Annual Cash Flow per Share)
8.38
Pre-Tax Margin (Trailing 12 Months)
26.56
Net Margin (Trailing 12 Months)
22.11
Return on Equity (Trailing 12 Months)
13.52
Return on Assets (Trailing 12 Months)
1.34
Current Ratio (Most Recent Fiscal Quarter)
0.98
Quick Ratio (Most Recent Fiscal Quarter)
0.98
Debt to Common Equity (Most Recent Fiscal Quarter)
0.79
Inventory Turnover (Trailing 12 Months)
4.80
Book Value per Share (Most Recent Fiscal Quarter)
36.20
Earnings
Fiscal Period End, Next Quarterly Earnings Report
2025-09-30
Quarterly Earnings per Share Estimate
1.38
Next Expected Quarterly Earnings Report Date
2025-10-21
Days Until Next Expected Quarterly Earnings Report
33
Fiscal Period End, Last Quarterly Earnings Report
2025-06-30
Last Quarterly Earnings per Share Estimate
1.23
Last Quarterly Earnings per Share
1.39
Last Quarterly Earnings Report Date
2025-07-22
Days Since Last Quarterly Earnings Report
58
Earnings per Share (Most Recent Fiscal Year)
4.93
Diluted Earnings per Share (Trailing 12 Months)
5.04
Dividends
Last Dividend Date
2025-09-05
Last Dividend Amount
0.38
Days Since Last Dividend
13
Annual Dividend (Based on Last Quarter)
1.52
Dividend Yield (Based on Last Quarter)
3.25
Percent Growth in Revenue/Net Income
Percent Growth in Quarterly Revenue (QoQ)
4.92
Percent Growth in Quarterly Revenue (YoY)
5.49
Percent Growth in Annual Revenue
19.24
Percent Growth in Quarterly Net Income (QoQ)
15.77
Percent Growth in Quarterly Net Income (YoY)
20.40
Percent Growth in Annual Net Income
-3.19
New High/Low in Revenue/Net Income
New 5-Year High Annual Revenue
True
New 5-Year Low Annual Revenue
False
New 5-Year High Quarterly Revenue (QoQ)
True
New 5-Year Low Quarterly Revenue (QoQ)
False
New 5-Year High Quarterly Revenue (YoY)
True
New 5-Year Low Quarterly Revenue (YoY)
False
New 5-Year High Annual Net Income
False
New 5-Year Low Annual Net Income
False
New 5-Year High Quarterly Net Income (QoQ)
True
New 5-Year Low Quarterly Net Income (QoQ)
False
New 5-Year High Quarterly Net Income (YoY)
True
New 5-Year Low Quarterly Net Income (YoY)
False
Consecutive Quarters/Years of Increasing/Decreasing Revenue/Net Income
Consecutive Quarters of Increasing Revenue (QoQ)
1
Consecutive Quarters of Decreasing Revenue (QoQ)
0
Consecutive Quarters of Increasing Revenue (YoY)
12
Consecutive Quarters of Decreasing Revenue (YoY)
0
Consecutive Years of Increasing Revenue
11
Consecutive Years of Decreasing Revenue
0
Consecutive Quarters of Increasing Net Income (QoQ)
1
Consecutive Quarters of Decreasing Net Income (QoQ)
0
Consecutive Quarters of Increasing Net Income (YoY)
1
Consecutive Quarters of Decreasing Net Income (YoY)
0
Consecutive Years of Increasing Net Income
0
Consecutive Years of Decreasing Net Income
1
Splits
Last Split Date (if within past year)
Last Split Ratio (if within past year)
Days Since Last Split (if within past year)
Volatility Metrics
Historical Volatility (Close-to-Close) (10-Day)
0.1433
Historical Volatility (Close-to-Close) (20-Day)
0.1283
Historical Volatility (Close-to-Close) (30-Day)
0.2399
Historical Volatility (Close-to-Close) (60-Day)
0.2513
Historical Volatility (Close-to-Close) (90-Day)
0.2584
Historical Volatility (Close-to-Close) (120-Day)
0.2588
Historical Volatility (Close-to-Close) (150-Day)
0.2543
Historical Volatility (Close-to-Close) (180-Day)
0.2970
Historical Volatility (Parkinson) (10-Day)
0.2223
Historical Volatility (Parkinson) (20-Day)
0.2197
Historical Volatility (Parkinson) (30-Day)
0.2566
Historical Volatility (Parkinson) (60-Day)
0.2743
Historical Volatility (Parkinson) (90-Day)
0.2702
Historical Volatility (Parkinson) (120-Day)
0.2996
Historical Volatility (Parkinson) (150-Day)
0.2994
Historical Volatility (Parkinson) (180-Day)
0.3358
Implied Volatility (Calls) (10-Day)
1.0535
Implied Volatility (Calls) (20-Day)
0.7705
Implied Volatility (Calls) (30-Day)
0.4875
Implied Volatility (Calls) (60-Day)
0.4268
Implied Volatility (Calls) (90-Day)
0.3665
Implied Volatility (Calls) (120-Day)
0.3488
Implied Volatility (Calls) (150-Day)
0.3353
Implied Volatility (Calls) (180-Day)
0.3224
Implied Volatility (Puts) (10-Day)
0.8128
Implied Volatility (Puts) (20-Day)
0.6363
Implied Volatility (Puts) (30-Day)
0.4598
Implied Volatility (Puts) (60-Day)
0.3977
Implied Volatility (Puts) (90-Day)
0.3351
Implied Volatility (Puts) (120-Day)
0.3166
Implied Volatility (Puts) (150-Day)
0.3036
Implied Volatility (Puts) (180-Day)
0.2900
Implied Volatility (Mean) (10-Day)
0.9332
Implied Volatility (Mean) (20-Day)
0.7034
Implied Volatility (Mean) (30-Day)
0.4737
Implied Volatility (Mean) (60-Day)
0.4122
Implied Volatility (Mean) (90-Day)
0.3508
Implied Volatility (Mean) (120-Day)
0.3327
Implied Volatility (Mean) (150-Day)
0.3195
Implied Volatility (Mean) (180-Day)
0.3062
Put-Call Implied Volatility Ratio (10-Day)
0.7715
Put-Call Implied Volatility Ratio (20-Day)
0.8258
Put-Call Implied Volatility Ratio (30-Day)
0.9431
Put-Call Implied Volatility Ratio (60-Day)
0.9318
Put-Call Implied Volatility Ratio (90-Day)
0.9144
Put-Call Implied Volatility Ratio (120-Day)
0.9079
Put-Call Implied Volatility Ratio (150-Day)
0.9053
Put-Call Implied Volatility Ratio (180-Day)
0.8994
Implied Volatility Skew (10-Day)
0.4783
Implied Volatility Skew (20-Day)
0.2687
Implied Volatility Skew (30-Day)
0.0590
Implied Volatility Skew (60-Day)
0.0511
Implied Volatility Skew (90-Day)
0.0436
Implied Volatility Skew (120-Day)
0.0477
Implied Volatility Skew (150-Day)
0.0526
Implied Volatility Skew (180-Day)
0.0579
Option Statistics
Put-Call Ratio (Volume) (10-Day)
0.2500
Put-Call Ratio (Volume) (20-Day)
0.2500
Put-Call Ratio (Volume) (30-Day)
Put-Call Ratio (Volume) (60-Day)
Put-Call Ratio (Volume) (90-Day)
Put-Call Ratio (Volume) (120-Day)
0.0000
Put-Call Ratio (Volume) (150-Day)
0.0000
Put-Call Ratio (Volume) (180-Day)
0.0000
Put-Call Ratio (Open Interest) (10-Day)
0.5918
Put-Call Ratio (Open Interest) (20-Day)
0.7959
Put-Call Ratio (Open Interest) (30-Day)
1.0000
Put-Call Ratio (Open Interest) (60-Day)
1.0000
Put-Call Ratio (Open Interest) (90-Day)
1.0000
Put-Call Ratio (Open Interest) (120-Day)
0.9407
Put-Call Ratio (Open Interest) (150-Day)
0.8747
Put-Call Ratio (Open Interest) (180-Day)
0.8088
Percentiles Within Industry of Price Performance
Percentile Within Industry, Percent Change in Price, Past 52 Weeks
34.97
Percentile Within Industry, Percent Change in Price, Past 26 Weeks
27.91
Percentile Within Industry, Percent Change in Price, Past 13 Weeks
31.29
Percentile Within Industry, Percent Change in Price, Past 4 Weeks
9.51
Percentile Within Industry, Percent Change in Price, Past 2 Weeks
13.19
Percentile Within Industry, Percent Change in Price, Past Week
19.33
Percentile Within Industry, Percent Change in Price, 1 Day
26.38
Percentiles Within Industry of Revenue/Net Income Growth
Percentile Within Industry, Percent Growth in Quarterly Revenue (QoQ)
68.24
Percentile Within Industry, Percent Growth in Quarterly Revenue (YoY)
59.01
Percentile Within Industry, Percent Growth in Annual Revenue
78.57
Percentile Within Industry, Percent Growth in Quarterly Net Income (QoQ)
68.55
Percentile Within Industry, Percent Growth in Quarterly Net Income (YoY)
50.00
Percentile Within Industry, Percent Growth in Annual Net Income
49.54
Percentiles Within Industry of Fundamental Ratios and Percentages
Percentile Within Industry, PE Ratio (Current Year Earnings Estimate)
11.65
Percentile Within Industry, PE Ratio (Trailing 12 Months)
12.46
Percentile Within Industry, PEG Ratio (Long Term Growth Estimate)
Percentile Within Industry, Price to Sales Ratio (Trailing 12 Months)
51.10
Percentile Within Industry, Price to Book Ratio (Most Recent Quarterly Book Value per Share)
67.60
Percentile Within Industry, Price to Cash Ratio (Most Recent Annual Cash Flow per Share)
15.31
Percentile Within Industry, Pre-Tax Margin (Trailing 12 Months)
81.99
Percentile Within Industry, Net Margin (Trailing 12 Months)
83.80
Percentile Within Industry, Return on Equity (Trailing 12 Months)
84.74
Percentile Within Industry, Return on Assets (Trailing 12 Months)
79.75
Percentile Within Industry, Current Ratio (Most Recent Fiscal Quarter)
65.94
Percentile Within Industry, Quick Ratio (Most Recent Fiscal Quarter)
67.80
Percentile Within Industry, Debt to Common Equity (Most Recent Fiscal Quarter)
79.19
Percentile Within Industry, Inventory Turnover (Trailing 12 Months)
33.49
Percentile Within Industry, Dividend Yield (Based on Last Quarter)
64.72
Percentile Within Industry, Percentage Held By Insiders (Latest Annual Proxy Report)
33.12
Percentile Within Industry, Percentage Held By Institutions (Latest 13F Reports)
52.35
Percentiles Within Sector of Price Performance
Percentile Within Sector, Percent Change in Price, Past 52 Weeks
39.31
Percentile Within Sector, Percent Change in Price, Past 26 Weeks
39.59
Percentile Within Sector, Percent Change in Price, Past 13 Weeks
43.45
Percentile Within Sector, Percent Change in Price, Past 4 Weeks
23.45
Percentile Within Sector, Percent Change in Price, Past 2 Weeks
19.86
Percentile Within Sector, Percent Change in Price, Past Week
19.45
Percentile Within Sector, Percent Change in Price, 1 Day
32.28
Percentiles Within Sector of Revenue/Net Income Growth
Percentile Within Sector, Percent Growth in Quarterly Revenue (QoQ)
65.20
Percentile Within Sector, Percent Growth in Quarterly Revenue (YoY)
51.11
Percentile Within Sector, Percent Growth in Annual Revenue
74.86
Percentile Within Sector, Percent Growth in Quarterly Net Income (QoQ)
59.76
Percentile Within Sector, Percent Growth in Quarterly Net Income (YoY)
50.22
Percentile Within Sector, Percent Growth in Annual Net Income
40.71
Percentiles Within Sector of Fundamental Ratios and Percentages
Percentile Within Sector, PE Ratio (Current Year Earnings Estimate)
18.18
Percentile Within Sector, PE Ratio (Trailing 12 Months)
19.57
Percentile Within Sector, PEG Ratio (Long Term Growth Estimate)
Percentile Within Sector, Price to Sales Ratio (Trailing 12 Months)
49.10
Percentile Within Sector, Price to Book Ratio (Most Recent Quarterly Book Value per Share)
53.06
Percentile Within Sector, Price to Cash Ratio (Most Recent Annual Cash Flow per Share)
23.86
Percentile Within Sector, Pre-Tax Margin (Trailing 12 Months)
77.06
Percentile Within Sector, Net Margin (Trailing 12 Months)
78.95
Percentile Within Sector, Return on Equity (Trailing 12 Months)
68.70
Percentile Within Sector, Return on Assets (Trailing 12 Months)
54.45
Percentile Within Sector, Current Ratio (Most Recent Fiscal Quarter)
53.30
Percentile Within Sector, Quick Ratio (Most Recent Fiscal Quarter)
55.22
Percentile Within Sector, Debt to Common Equity (Most Recent Fiscal Quarter)
74.96
Percentile Within Sector, Inventory Turnover (Trailing 12 Months)
37.55
Percentile Within Sector, Dividend Yield (Based on Last Quarter)
70.07
Percentile Within Sector, Percentage Held By Insiders (Latest Annual Proxy Report)
38.85
Percentile Within Sector, Percentage Held By Institutions (Latest 13F Reports)
53.11
Percentiles Within Market of Price Performance
Percentile Within Market, Percent Change in Price, Past 52 Weeks
48.65
Percentile Within Market, Percent Change in Price, Past 26 Weeks
43.49
Percentile Within Market, Percent Change in Price, Past 13 Weeks
56.47
Percentile Within Market, Percent Change in Price, Past 4 Weeks
19.85
Percentile Within Market, Percent Change in Price, Past 2 Weeks
14.13
Percentile Within Market, Percent Change in Price, Past Week
14.93
Percentile Within Market, Percent Change in Price, 1 Day
57.67
Percentiles Within Market of Revenue/Net Income Growth
Percentile Within Market, Percent Growth in Quarterly Revenue (QoQ)
52.02
Percentile Within Market, Percent Growth in Quarterly Revenue (YoY)
51.33
Percentile Within Market, Percent Growth in Annual Revenue
79.35
Percentile Within Market, Percent Growth in Quarterly Net Income (QoQ)
57.58
Percentile Within Market, Percent Growth in Quarterly Net Income (YoY)
60.23
Percentile Within Market, Percent Growth in Annual Net Income
45.04
Percentiles Within Market of Fundamental Ratios and Percentages
Percentile Within Market, PE Ratio (Current Year Earnings Estimate)
11.48
Percentile Within Market, PE Ratio (Trailing 12 Months)
15.33
Percentile Within Market, PEG Ratio (Long Term Growth Estimate)
Percentile Within Market, Price to Sales Ratio (Trailing 12 Months)
51.02
Percentile Within Market, Price to Book Ratio (Most Recent Quarterly Book Value per Share)
33.67
Percentile Within Market, Price to Cash Ratio (Most Recent Annual Cash Flow per Share)
35.04
Percentile Within Market, Pre-Tax Margin (Trailing 12 Months)
89.57
Percentile Within Market, Net Margin (Trailing 12 Months)
89.06
Percentile Within Market, Return on Equity (Trailing 12 Months)
72.97
Percentile Within Market, Return on Assets (Trailing 12 Months)
49.54
Percentile Within Market, Current Ratio (Most Recent Fiscal Quarter)
25.79
Percentile Within Market, Quick Ratio (Most Recent Fiscal Quarter)
35.63
Percentile Within Market, Debt to Common Equity (Most Recent Fiscal Quarter)
74.55
Percentile Within Market, Inventory Turnover (Trailing 12 Months)
51.62
Percentile Within Market, Dividend Yield (Based on Last Quarter)
84.42
Percentile Within Market, Percentage Held By Insiders (Latest Annual Proxy Report)
39.48
Percentile Within Market, Percentage Held By Institutions (Latest 13F Reports)
50.41