Mercantile Bank Corporation Stock Performance
as on June 19, 2026 at 2:15 pm IST
Day's Low
Day's High
$52.39$54.32
2.53%
Downside
1.06%
Upside
52 Week's Low
52 Week's High
$42.69$55.7720.58%
Downside
3.76%
Upside
Mercantile Bank Corporation share price movements today
- Previous Close
- $53.26
- Open
- $54.19
- Volume
- 343.4K
- Day's Low - High
- $52.39 - $54.32
- 52 Week Low - High
- $42.69 - $55.77
Mercantile Bank Corporation Historical Returns
- 1 Month Return
- + 5.6 %
- 3 Month Return
- + 6.9 %
- 1 Year Return
- + 23.39 %
- 3 Year Return
- + 82.45 %
- 5 Year Return
- + 80.92 %
Mercantile Bank Corporation Stock Fundamentals & Key Indicators
Check Mercantile Bank Corporation market cap, PE, PB, PEG ratios, dividend yield, and other key fundamental indicators.
Market Cap
$920.0M
EPS (TTM)
5.588
Dividend Yield
2.80%
Quarterly Earnings Growth YOY
0.09%
PE Ratio (TTM)
9.54
Industry PE ratio
11.138357487922706
PEG Ratio
1.6313
EBITDA
-
Revenue (TTM)
252.7M
Profit Margin
36.37%
Return On Equity TTM
13.66%
Mercantile Bank Corporation Stock Valuation
Track how Mercantile Bank Corporation P/E has moved over time to understand its valuation trends.
Mercantile Bank Corporation in the last 5 years
Lowest (5.59x)
June 30, 2023
Today (9.54x)
June 19, 2026
Industry (11.14x)
June 19, 2026
Highest (9.99x)
March 31, 2022
Today’s Price to Earnings Ratio: 9.54x
Mercantile Bank Corporation vs Peer Comparison
Compare market cap, revenue, PE, and other key metrics of Mercantile Bank Corporation with its industry peers.
Company | Analyst View | Market Cap | 5 Years Return % | PE Ratio | Profit Margin % | Dividend Yield % |
|---|---|---|---|---|---|---|
| BUY | $920.0M | 80.92% | 9.54 | 36.37% | 2.8000000000000003% | |
| BUY | $123.5B | 253.95% | 16.1 | 28.37% | 1.8800000000000001% | |
| BUY | $93.6B | 30.12% | 13.55 | 31.31% | 2.85% | |
| NA | $154.4B | NA | 7.27 | 50.45% | 9.02% | |
| BUY | $100.0B | 65.72% | 17.76 | 24.93% | 0.89% |
Stock Returns calculator for Mercantile Bank Corporation Stock including INR - Dollar returns
The Mercantile Bank Corporation 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 Impact: The bonus return you make when the US Dollar rises against the Rupee; calculated on the full amount you walk away with, not just what you invested in.
Investment Value
₹1,00,000
Mercantile Bank Corporation investment value today
Current value as on today
₹1,34,410
Returns
₹34,410
(+34.41%)
Returns from Mercantile Bank Corporation Stock
₹23,393 (+23.39%)
Dollar Impact
₹11,017 (+11.02%)
Analyst Recommendation on Mercantile Bank Corporation 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 Corporation. Average target price of $59.33
Mercantile Bank Corporation Share Price Target
Get share price movements and forecasts by analysts on Mercantile Bank Corporation.
What analysts predicted
9.41%UPSIDE
Target Price
$59.33
Current Price
$53.75
Analyzed by
10 Analysts
Target
$59.33
Mercantile Bank Corporation target price $59.33, a slight upside of 9.41% compared to current price of $53.75. According to 10 analysts rating.
Indian Investors' Interest in Mercantile Bank Corporation Stock
Search interest for Mercantile Bank Corporation Stock has increased by 133% in the last 30 days, reflecting an upward trend in search activity.
Time period: to
Change:133% versus previous 30 day period
Mercantile Bank Corporation Quarterly Profit & Loss
All numbers in Millions USD
Mercantile Bank Corporation Annual Profit & Loss
All numbers in Millions USD
Mercantile Bank Corporation Quarterly Cash Flow
All numbers in Millions USD
Mercantile Bank Corporation Annual Cash Flow
All numbers in Millions USD
Insights on Mercantile Bank Corporation
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, 93.31M → 96.51M (in $), with an average increase of 3.3% per quarter
- POSITIVE IMPACT
Price Rise
In the last 3 years, MBWM stock has moved up by 86.5%
NO EFFECTAgainst Peers
In the last 1 year, Mizuho Financial Group, Inc. American Depositary Shares Each representing one-fifth of an Ordinary Share has given 89.0% return, outperforming this stock by 66.5%
- NO EFFECT
Against Peers
In the last 3 years, Mizuho Financial Group, Inc. American Depositary Shares Each representing one-fifth of an Ordinary Share has given 251.5% return, outperforming this stock by 165.0%
NEGATIVE IMPACTProfit Down
Netprofit is down for the last 3 quarters, 23.75M → 22.68M (in $), with an average decrease of 2.3% per quarter
About Mercantile Bank Corporation
| Organisation | Mercantile Bank Corporation |
| Headquarters | 310 Leonard Street NW, Grand Rapids, MI, United States, 49504 |
| Industry | Banks - Regional |
| CEO | Mr. Raymond E. Reitsma |
| E-voting on shares | Click here to vote |
Key Management of Mercantile Bank Corporation
Name | Title |
|---|---|
Mr. Scott P. Setlock | Executive VP, COO & Secretary |
Mr. Mark S. Augustyn | Executive VP & Chief Commercial Banking Officer of the Mercantile Bank |
Mr. Douglas J. Holtrop | Executive VP & Senior Lending Officer of Mercantile Bank |
Ms. Tara M. Randall | Executive VP & Chief Experience Officer of Mercantile Bank |
Mr. Raymond E. Reitsma | President, CEO & Director |
Mr. Charles E. Christmas | Executive VP, CFO & Treasurer |
Mr. Jeff Kaiser | Senior VP & Head of Risk Management Department |
Mr. Justin M. Karl | Executive VP & Senior Lending Officer of Mercantile Bank |
Mr. Brett E. Hoover | Executive VP & Chief Human Resource Officer |
Sonali D. Allen | Senior VP and Chief Compliance & Community Development Officer of Mercantile Bank |
FAQs
What is Mercantile Bank Corporation share price today?
Mercantile Bank Corporation share price today is $53.75 as on at the close of the market. Mercantile Bank Corporation share today touched a day high of $54.32 and a low of $52.39.
What is the 52 week high and 52 week low for Mercantile Bank Corporation share?
Mercantile Bank Corporation share touched a 52 week high of $55.77 on and a 52 week low of $42.69 on . Mercantile Bank Corporation stock price today i.e. is closed at $53.75,which is 3.62% down from its 52 week high and 25.91% up from its 52 week low.
What is Mercantile Bank Corporation's market capitalisation today?
Mercantile Bank Corporation market capitalisation is $0.00T as on .
How to invest in Mercantile Bank Corporation 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 Corporation on INDmoney app. Click on Buy button. You can invest as low as $1.5 in Mercantile Bank Corporation Shares that will get you 0.0279 shares as per Mercantile Bank Corporation share price of $53.75 per share as on June 19, 2026 at 8:45 am IST.
What is the minimum amount required to buy Mercantile Bank Corporation Stock (MBWM) from India?
Indian investors can start investing in Mercantile Bank Corporation (MBWM) shares with as little as ₹94.31 or $1 (as of ) using the INDmoney app.
For example: If you want to invest $10 or ₹943.10 in Mercantile Bank Corporation stock (as per the Rupee-Dollar exchange rate as on ).
Based on Mercantile Bank Corporation share’s latest price of $53.75 as on June 19, 2026 at 8:45 am IST, you will get 0.1860 shares of Mercantile Bank Corporation. Learn more about
fractional shares .
What are the returns that Mercantile Bank Corporation has given to Indian investors in the last 5 years?
Mercantile Bank Corporation stock has given 80.92% share price returns and 27.5% 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?