Mercantile Bank Stock Performance
as on September 19, 2026 at 5:08 am IST
Day's Low
Day's High
$59.29$60.01
0.87%
Downside
0.33%
Upside
52 Week's Low
52 Week's High
$42.75$62.9528.52%
Downside
5.25%
Upside
Mercantile Bank share price movements today
- Previous Close
- $60.38
- Open
- $60.01
- Volume
- 152.8K
- Market Cap
- $1.1B
- Dividend Yield
- 2.58%
- Day's Low - High
- $59.29 - $60.01
- 52 Week Low - High
- $42.75 - $62.95
Mercantile Bank Historical Returns
- 1 Month Return
- -0.8 %
- 3 Month Return
- + 12.33 %
- 1 Year Return
- + 25.04 %
- 3 Year Return
- + 92.23 %
- 5 Year Return
- + 98.29 %
Mercantile Bank Stock Fundamentals & Key Indicators
Check Mercantile Bank market cap, PE, PB, PEG ratios, dividend yield, and other key fundamental indicators.
Market Cap
$1.1B
EPS (TTM)
5.68
Dividend Yield
2.58%
Quarterly Earnings Growth YOY
0.08%
PE Ratio (TTM)
10.63
Industry PE ratio
11.13
PEG Ratio
0.8371346830985915
EBITDA
116.7M
Revenue (TTM)
384.0M
Profit Margin
67.99%
Return On Equity TTM
13.25%
Mercantile Bank Stock Valuation
Track how Mercantile Bank P/E has moved over time to understand its valuation trends.
Mercantile Bank in the last 5 years
Lowest (7.87x)
December 31, 2023
Today (8.81x)
December 31, 2025
Industry (11.13x)
December 31, 2025
Highest (9.49x)
December 31, 2021
Today’s Price to Earnings Ratio: 8.81x
Mercantile Bank vs Peer Comparison
Compare market cap, revenue, PE, and other key metrics of Mercantile Bank with its industry peers.
Company | Analyst View | Market Cap | 5 Years Return % | PE Ratio | Profit Margin % | Dividend Yield % |
|---|---|---|---|---|---|---|
| BUY | $1.1B | 98.29% | 10.63 | 67.99% | 2.58% | |
| BUY | $134.3B | 275.25% | 15.18 | 29.14% | 1.68% | |
| HOLD | $96.9B | 5.68% | 12.03 | 63.78% | 3.48% | |
| NA | $156.2B | NA | 6.95 | 87.19% | 4.42% | |
| BUY | $101.1B | 44.29% | 17.19 | 68.53% | 0.89% |
Stock Returns calculator for Mercantile Bank Stock including INR - Dollar returns
The Mercantile Bank 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 investment value today
Current value as on today
₹1,35,328
Returns
₹35,328
(+35.33%)
Returns from Mercantile Bank Stock
₹23,856 (+23.86%)
Dollar Impact
₹11,472 (+11.47%)
Analyst Recommendation on Mercantile Bank Stock
Based on 5 analysts
40.00%
Buy
60.00%
Hold
0.00%
Sell
Based on 5 analysts, 60% of analysts recommend a 'BUY' rating for Mercantile Bank. Average target price of $63.17
Mercantile Bank Share Price Target
Get share price movements and forecasts by analysts on Mercantile Bank.
What analysts predicted
5.32%UPSIDE
Target Price
$63.17
Current Price
$59.81
Analyzed by
5 Analysts
Target
$63.17
Mercantile Bank target price $63.17, a slight upside of 5.32% compared to current price of $59.81. According to 5 analysts rating.
Indian Investors' Interest in Mercantile Bank Stock
Search interest for Mercantile Bank Stock has increased by 200% in the last 30 days, reflecting an upward trend in search activity.
Time period: to
Change:200% versus previous 30 day period
Mercantile Bank Quarterly Profit & Loss
All numbers in Millions USD
Mercantile Bank Annual Profit & Loss
All numbers in Millions USD
Mercantile Bank Quarterly Cash Flow
All numbers in Millions USD
Mercantile Bank Annual Cash Flow
All numbers in Millions USD
Insights on Mercantile Bank
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 3 quarters, 93.30M → 98.19M (in $), with an average increase of 2.5% per quarter
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 2 quarters, 22.68M → 25.92M (in $), with an average increase of 12.5% per quarter
- POSITIVE IMPACT
Price Rise
In the last 3 months, MBWM stock has moved up by 12.3%
NO EFFECTAgainst Peers
In the last 3 years, Mizuho Financial Group, Inc. American Depositary Shares Each representing one-fifth of an Ordinary Share has given 209.2% return, outperforming this stock by 117.0%
- NO EFFECT
Against Peers
In the last 1 year, Mizuho Financial Group, Inc. American Depositary Shares Each representing one-fifth of an Ordinary Share has given 68.2% return, outperforming this stock by 43.2%
About Mercantile Bank
| Organisation | Mercantile Bank |
| 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
Name | Title |
|---|---|
Mr. Jeff Kaiser | Senior VP & Head of Risk Management Department |
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. Justin M. Karl | Executive VP & Senior Lending Officer of Mercantile Bank |
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 Mercantile Bank |
Sonali D. Allen | Senior VP and Chief Compliance & Community Development Officer of Mercantile Bank |
Mr. Raymond E. Reitsma | President, CEO & Director |
FAQs
What is Mercantile Bank share price today?
Mercantile Bank share price today is $59.81 as on . Mercantile Bank share today touched a day high of $60.01 and a low of $59.29.
What is the 52 week high and 52 week low for Mercantile Bank share?
Mercantile Bank share touched a 52 week high of $62.95 on and a 52 week low of $42.75 on . Mercantile Bank stock price today i.e. is trending at $59.81,which is 4.99% down from its 52 week high and 39.91% up from its 52 week low.
What is Mercantile Bank's market capitalisation today?
Mercantile Bank market capitalisation is $0.00T as on .
How to invest in Mercantile Bank 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 on INDmoney app. Click on Buy button. You can invest as low as $1.5 in Mercantile Bank Shares that will get you 0.0251 shares as per Mercantile Bank share price of $59.81 per share as on September 18, 2026 at 11:38 pm IST.
What is the minimum amount required to buy Mercantile Bank Stock (MBWM) from India?
Indian investors can start investing in Mercantile Bank (MBWM) shares with as little as ₹95.8725 or $1 (as of ) using the INDmoney app.
For example: If you want to invest $10 or ₹958.73 in Mercantile Bank stock (as per the Rupee-Dollar exchange rate as on ).
Based on Mercantile Bank share’s latest price of $59.81 as on September 18, 2026 at 11:38 pm IST, you will get 0.1672 shares of Mercantile Bank. Learn more about
fractional shares .
What are the returns that Mercantile Bank has given to Indian investors in the last 5 years?
Mercantile Bank stock has given 98.29% share price returns and 29.78% 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?