Mercantile Bank Corporation serves businesses and consumers across Grand Rapids and Kent County with a full range of mortgage, lending, deposit and checking products and services in a friendly, hometown banking environment.
| Revenue (Most Recent Fiscal Year) | $361.89M |
| Net Income (Most Recent Fiscal Year) | $79.59M |
| PE Ratio (Current Year Earnings Estimate) | 8.10 |
| PE Ratio (Trailing 12 Months) | 8.30 |
| PEG Ratio (Long Term Growth Estimate) | -- |
| Price to Sales Ratio (Trailing 12 Months) | 1.92 |
| Price to Book Ratio (Most Recent Quarterly Book Value per Share) | 1.13 |
| Price to Cash Ratio (Most Recent Annual Cash Flow per Share) | 7.86 |
| Pre-Tax Margin (Trailing 12 Months) | 26.56% |
| Net Margin (Trailing 12 Months) | 23.05% |
| Return on Equity (Trailing 12 Months) | 14.07% |
| Return on Assets (Trailing 12 Months) | 1.40% |
| 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 per Share (Most Recent Fiscal Quarter) | $1.46 |
| Earnings per Share (Most Recent Fiscal Year) | $4.93 |
| Diluted Earnings per Share (Trailing 12 Months) | $5.28 |
| Exchange | NASDAQ |
| Sector | Financial Services |
| Industry | Banks - Regional |
| Common Shares Outstanding | 16.25M |
| Free Float | 15.73M |
| Market Capitalization | $712.50M |
| Average Volume (Last 20 Days) | 0.07M |
| Beta (Past 60 Months) | 0.94 |
| Percentage Held By Insiders (Latest Annual Proxy Report) | 3.20% |
| Percentage Held By Institutions (Latest 13F Reports) | 58.63% |
| Annual Dividend (Based on Last Quarter) | $1.52 |
| Dividend Yield (Based on Last Quarter) | 3.47% |