Mercantile Bank Corp Stock Performance
as on September 16, 2025 at 7:21 pm IST
Day's Low
Day's High
$46.69$47.65
0.32%
Downside
1.73%
Upside
52 Week's Low
52 Week's High
$37.76$52.9819.39%
Downside
13.11%
Upside
Mercantile Bank Corp share price movements today
- Previous Close
- $47.45
- Open
- $47.65
- Volume
- 4.3K
- Day's Low - High
- $46.69 - $47.65
- 52 Week Low - High
- $37.76 - $52.98
Mercantile Bank Corp Historical Returns
- 1 Month Return
- + 2.51 %
- 3 Month Return
- + 9.53 %
- 1 Year Return
- + 6.77 %
- 3 Year Return
- + 47.36 %
- 5 Year Return
- + 137.01 %
Mercantile Bank Corp Stock Fundamentals & Key Indicators
Check Mercantile Bank Corp market cap, PE, PB, PEG ratios, dividend yield, and other key fundamental indicators.
Market Cap
$775.4M
EPS (TTM)
5.255
Dividend Yield
2.94%
Quarterly Earnings Growth YOY
0.19%
PE Ratio (TTM)
9.49
Industry PE ratio
9.72337606837607
P/B Ratio
9.49
PEG Ratio
2.51
EBITDA
-
Revenue (TTM)
228.4M
Profit Margin
35.64%
Return On Equity TTM
13.77%
Mercantile Bank Corp Stock Valuation
Track how Mercantile Bank Corp P/E has moved over time to understand its valuation trends.
Mercantile Bank Corp in the last 5 years
Lowest (5.59x)
June 30, 2023
Today (9.49x)
September 16, 2025
Industry (9.72x)
September 16, 2025
Highest (10.04x)
March 31, 2021
Today’s Price to Earnings Ratio: 9.49x
Mercantile Bank Corp vs Peer Comparison
Compare market cap, revenue, PE, and other key metrics of Mercantile Bank Corp with its industry peers.
Company | Analyst View | Market Cap | 5 Years Return % | PE Ratio | Profit Margin % |
|---|---|---|---|---|---|
| BUY | $775.4M | 137.01% | 9.49 | 35.64% | |
| BUY | $75.8B | NA | 33.15 | 39.32% | |
| BUY | $82.2B | 152.45% | 13.77 | 22.70% | |
| BUY | $114.7B | 213.52% | 19.2 | 25.74% | |
| BUY | $79.7B | 78.16% | 13.81 | 29.23% |
Stock Returns calculator for Mercantile Bank Corp Stock including INR - Dollar returns
The Mercantile Bank Corp stock calculator helps Indian investors calculate returns based on the historical performance of the stock. Just choose your investment amount and duration to get insights and invest more confidently. See stock returns as well as the effect of dollar appreciation over different durations.
*Dollar Return is the profit earned when the US dollar rises in value compared to the Indian rupee.
Investment Value
₹1,00,000
Mercantile Bank Corp investment value today
Current value as on today
₹1,10,268
Returns
₹10,268
(+10.27%)
Returns from Mercantile Bank Corp Stock
₹5,401 (+5.4%)
Dollar Returns*
₹4,867 (+4.87%)
Analyst Recommendation on Mercantile Bank Corp Stock
Based on 10 analysts
70.00%
Buy
30.00%
Hold
0.00%
Sell
Based on 10 analysts, 70% of analysts recommend a 'BUY' rating for Mercantile Bank Corp. Average target price of $55.6
Mercantile Bank Corp Share Price Target
Get share price movements and forecasts by analysts on Mercantile Bank Corp.
What analysts predicted
15.76%UPSIDE
Target Price
$55.6
Current Price
$46.84
Analyzed by
10 Analysts
Target
$55.60
Mercantile Bank Corp target price $55.6, a slight upside of 15.76% compared to current price of $46.84. According to 10 analysts rating.
Mercantile Bank Corp Stock's Interest Amongst Investors
Search interest for Mercantile Bank Corp Stock has decreased by -50% in the last 30 days, reflecting a downward trend in search activity.
Time period: to
Mercantile Bank Corp Quarterly Profit & Loss
All numbers in Millions USD
Mercantile Bank Corp Annual Profit & Loss
All numbers in Millions USD
Mercantile Bank Corp Quarterly Cash Flow
All numbers in Millions USD
Mercantile Bank Corp Annual Cash Flow
All numbers in Millions USD
Global Institutional Holdings in Mercantile Bank Corp
Insights on Mercantile Bank Corp
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTRevenue Rich
Revenue is up for the last 2 quarters, 89.04M → 93.42M (in $), with an average increase of 4.7% per quarter
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 2 quarters, 19.53M → 22.61M (in $), with an average increase of 13.6% per quarter
- POSITIVE IMPACT
Price Rise
In the last 3 years, MBWM stock has moved up by 47.4%
NO EFFECTAgainst Peers
In the last 1 year, Mizuho Financial Group, Inc. has given 64.8% return, outperforming this stock by 58.0%
- NO EFFECT
Against Peers
In the last 3 years, Nu Holdings Ltd. has given 184.7% return, outperforming this stock by 137.3%
About Mercantile Bank Corp
| Organisation | Mercantile Bank Corp |
| Headquarters | 310 Leonard Street NW, Grand Rapids, MI, United States, 49504 |
| Industry | Finance |
| CEO | Mr. Raymond E. Reitsma |
| E-voting on shares | Click here to vote |
Key Management of Mercantile Bank Corp
Name | Title |
|---|---|
Mr. Charles E. Christmas | Executive VP, CFO & Treasurer |
Mr. Scott P. Setlock | Executive VP, COO & Secretary |
Mr. Brett E. Hoover | Executive VP & Chief Human Resource Officer |
Mr. Mark S. Augustyn | Executive VP & Chief Commercial Banking Officer of the Bank |
Tara M. Randall | Executive VP & Chief Experience Officer |
Mr. Justin M. Karl | Executive VP & Senior Lending Officer of Mercantile Bank |
Mr. Raymond E. Reitsma | President, CEO & Director |
Sonali D. Allen | Senior VP and Chief Compliance & Community Development Officer of Mercantile Bank |
Mr. Jeff Kaiser | Senior VP & Head of Risk Management Department |
Mr. Douglas J. Holtrop | Executive VP & Senior Lending Officer of Mercantile Bank |
FAQs
What is Mercantile Bank Corp share price today?
Mercantile Bank Corp share price today is $46.84 as on . Mercantile Bank Corp share today touched a day high of $47.65 and a low of $46.69.
What is the 52 week high and 52 week low for Mercantile Bank Corp share?
Mercantile Bank Corp share touched a 52 week high of $52.98 on and a 52 week low of $37.76 on . Mercantile Bank Corp stock price today i.e. is trending at $46.84,which is 11.59% down from its 52 week high and 24.05% up from its 52 week low.
What is Mercantile Bank Corp's market capitalisation today?
Mercantile Bank Corp market capitalisation is $0.00T as on .
How to invest in Mercantile Bank Corp Stock (MBWM) from India?
- Step 1: Open a free US stocks account on INDmoney App and transfer your Rupees into Dollars to your INDmoney US stocks account. For a step by step instruction, check How to Transfer Money to Your US Stocks Account .
- Step 2: Search for Mercantile Bank Corp on INDmoney app. Click on Buy button. You can invest as low as $1.5 in Mercantile Bank Corp Shares that will get you 0.0320 shares as per Mercantile Bank Corp share price of $46.84 per share as on September 16, 2025 at 7:21 pm IST.
What is the minimum amount required to buy Mercantile Bank Corp Stock (MBWM) from India?
Indian investors can start investing in Mercantile Bank Corp (MBWM) shares with as little as ₹88.042 or $1 (as of ) using the INDmoney app.
For example: If you want to invest $10 or ₹880.42 in Mercantile Bank Corp stock (as per the Rupee-Dollar exchange rate as on ).
Based on Mercantile Bank Corp share’s latest price of $46.84 as on September 16, 2025 at 7:21 pm IST, you will get 0.2135 shares of Mercantile Bank Corp. Learn more about
fractional shares .
What are the returns that Mercantile Bank Corp has given to Indian investors in the last 5 years?
Mercantile Bank Corp stock has given 137.01% share price returns and 20.01% dollar appreciation to an Indian investor in the last 5 years.
Read more about How do Currency Exchange Rates impact your returns on US Stock Investments?