as on February 7, 2026 at 7:59 am IST
Day's Low
Day's High
1.00%
Downside
1.68%
Upside
52 Week's Low
52 Week's High
31.16%
Downside
1.68%
Upside
Check Mercantile Bank Corp market cap, PE, PB, PEG ratios, dividend yield, and other key fundamental indicators.
Market Cap
$876.6M
EPS (TTM)
5.62
Dividend Yield
2.94%
Quarterly Earnings Growth YOY
0.16%
PE Ratio (TTM)
9.33
Industry PE ratio
11.868084112149532
PEG Ratio
2.51
EBITDA
-
Revenue (TTM)
238.5M
Profit Margin
37.22%
Return On Equity TTM
13.56%
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 (9.33x)
February 7, 2026
Industry (11.87x)
February 7, 2026
Highest (10.04x)
March 31, 2021
Today’s Price to Earnings Ratio: 9.33x
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 | $876.6M | 89.18% | 9.33 | 37.22% | |
| BUY | $88.1B | NA | 34.96 | 39.76% | |
| BUY | $105.3B | 234.84% | 16.37 | 25.49% | |
| BUY | $92.5B | 94.75% | 11.19 | 32.35% | |
| BUY | $104.4B | 77.56% | 18.25 | 27.51% |
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
₹1,13,716
Returns
₹13,716
(+13.72%)
Returns from Mercantile Bank Corp Stock
₹10,407 (+10.41%)
Dollar Returns*
₹3,309 (+3.31%)
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 $57
Get share price movements and forecasts by analysts on Mercantile Bank Corp.
What analysts predicted
3.77%UPSIDE
Target Price
$57
Current Price
$54.85
Analyzed by
10 Analysts
Target
$57.00
Mercantile Bank Corp target price $57, a slight upside of 3.77% compared to current price of $54.85. According to 10 analysts rating.
Search interest for Mercantile Bank Corp Stock has increased by 20% in the last 30 days, reflecting an upward trend in search activity.
Time period: to
Change:20% versus previous 30 day period
All numbers in Millions USD
All numbers in Millions USD
All numbers in Millions USD
All numbers in Millions USD
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
Price Rise
![]()
In the last 7 days, MBWM stock has moved up by 5.3%
Against Peers
![]()
In the last 1 year, Mizuho Financial Group, Inc. has given 75.4% return, outperforming this stock by 65.3%
Against Peers
![]()
In the last 3 years, Nu Holdings Ltd. has given 199.4% return, outperforming this stock by 143.4%
Revenue Fall
![]()
Revenue is down for the last 2 quarters, 96.03M → 93.31M (in $), with an average decrease of 2.8% per quarter
Profit Down
![]()
Netprofit is down for the last 2 quarters, 23.75M → 22.84M (in $), with an average decrease of 3.9% per quarter
| 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 |
Name | Title |
|---|---|
Mr. Brett E. Hoover | Executive VP & Chief Human Resource Officer |
Mr. Mark S. Augustyn | Executive VP & Chief Commercial Banking Officer of the Bank |
Sonali D. Allen | Senior VP and Chief Compliance & Community Development Officer of Mercantile Bank |
Mr. Justin M. Karl | Executive VP & Senior Lending Officer of Mercantile Bank |
Mr. Raymond E. Reitsma | President, CEO & Director |
Mr. Charles E. Christmas | Executive VP, CFO & Treasurer |
Mr. Scott P. Setlock | Executive VP, COO & Secretary |
Mr. Jeff Kaiser | Senior VP & Head of Risk Management Department |
Mr. Douglas J. Holtrop | Executive VP & Senior Lending Officer of Mercantile Bank |
Tara M. Randall | Executive VP & Chief Experience Officer |
Mercantile Bank Corp share price today is $54.85 as on at the close of the market. Mercantile Bank Corp share today touched a day high of $55.77 and a low of $54.3.
Mercantile Bank Corp share touched a 52 week high of $55.77 on and a 52 week low of $37.76 on . Mercantile Bank Corp stock price today i.e. is closed at $54.85,which is 1.65% down from its 52 week high and 45.26% up from its 52 week low.
Mercantile Bank Corp market capitalisation is $0.00T as on .
Indian investors can start investing in Mercantile Bank Corp (MBWM) shares with as little as ₹90.555 or $1 (as of ) using the INDmoney app.
For example: If you want to invest $10 or ₹905.55 in Mercantile Bank Corp stock (as per the Rupee-Dollar exchange rate as on ).
Based on Mercantile Bank Corp share’s latest price of $54.85 as on February 7, 2026 at 2:29 am IST, you will get 0.1823 shares of Mercantile Bank Corp. Learn more about
fractional shares .
Mercantile Bank Corp stock has given 89.18% share price returns and 23.93% 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?