Indicators
Indicators
Value
Direction
MACD(12,26,9)
-0.175
Neutral
RSI(14)
57.193
Neutral
STOCH(KDJ)(9,3,3)
40.474
Sell
ATR(14)
1.153
High Vlolatility
CCI(14)
-14.925
Neutral
Williams %R
44.768
Buy
TRIX(12,20)
0.359
Sell
StochRSI(14)
0.000
Oversold
Mercantile Bank Corp
MBWM48.720USD
-0.310-0.63%
Close 12/26, 16:00（ET）Quotes delayed by 15 min
791.87MMarket Cap
9.23P/E TTM
TradingKey Stock Score
Overall Financial Health
Valuation Dimensions
Earnings Forecast
Price Momentum
Institutional Confidence
Risk Assessment
Peer Comparison
TradingKey Stock Score of Mercantile Bank Corp
Currency: USD Updated: 2025-12-26Key Insights
Mercantile Bank Corp's fundamentals are relatively healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 50/403 in the Banking Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 52.80.In the medium term, the stock price is expected to remain stable.The company has been performing well in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Mercantile Bank Corp's Score
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
5
analysts
Buy
Current Rating
52.800
Target Price
+12.41%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Mercantile Bank Corp Highlights
StrengthsRisks
Mercantile Bank Corporation is the bank holding company for Mercantile Bank (The Bank). The Bank is a state banking company that provides commercial banking services primarily to small- to medium-sized businesses and retail banking services. Its operations are centered around the West and Central portions of Michigan. It also has banking offices located in the metropolitan Detroit, Michigan area, Traverse City, Michigan, Petoskey, Michigan, Saginaw, Michigan, and Midland, Michigan. It makes secured and unsecured commercial, construction, mortgage and consumer loans, and accepts checking, savings and time deposits. It also enables customers to conduct certain loan and deposit transactions by personal computer and through mobile applications. Its insurance product offerings include private passenger automobiles, homeowners, personal inland marine, boat owners, recreational vehicles, dwelling fire, umbrella policies, small businesses, and life insurance products.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 21.67% year-on-year.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 205.28M.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 28.23%.
Stable Dividend
The company has regularly paid dividends over the past 5 years, with the latest dividend payout ratio of 28.23%.
Fairly Valued
The company’s latest PB is 1.20, at a medium 3-year percentile range.
Institutional Selling
The latest institutional holdings are 10.63M shares, decreasing 7.29% quarter-over-quarter.
Held by CI Select Canadian Equity Fund
Star Investor CI Select Canadian Equity Fund holds 84.00 shares of this stock.
Lower Market Activity
The company has less investor interest, with a 20-day turnover ratio of -0.11.
Financial Health
Currency: USD Updated: 2025-12-26The current financial score of Mercantile Bank Corp is 8.58, ranking 93/403 in the Banking Services industry. Its financial status is stable, and its operating efficiency is high. Its latest quarterly revenue reached 55.56M, representing a year-over-year increase of 6.45%, while its net profit experienced a year-over-year increase of 21.10%.
Score
Financials
6.45
Key Metrics
Cash and cash equivalents
Total assets
Total liabilities
Free cash flow
Relevant data have not been disclosed by the company yet.
Quality of Earnings
9.74
Operational Efficiency
10.00
Growth Potential
8.01
Shareholder Returns
8.69
Mercantile Bank Corp's Company Valuation
Currency: USD Updated: 2025-12-26The current valuation score of Mercantile Bank Corp is 8.07, ranking 148/403 in the Banking Services industry. Its current P/E ratio is 9.23, which is 13.69% below the recent high of 10.50 and 41.49% above the recent low of 5.40.
Score
Valuation Dimensions
P/E
P/B
P/S
P/CF
Industry Ranking 50/403
Relevant data have not been disclosed by the company yet.
Earnings Forecast
Currency: USD Updated: 2025-12-26The current earnings forecast score of Mercantile Bank Corp is 7.20, ranking 197/403 in the Banking Services industry. The average price target for Mercantile Bank Corp is 52.00, with a high of 56.00 and a low of 51.00.
Score
Support & Resistance
Relevant data have not been disclosed by the company yet.
Analyst Rating
Based on
5
analysts
Buy
Current Rating
52.800
Target Price
+12.41%
Upside Space
Strong Buy
Buy
Hold
Sell
Strong Sell
Peer Comparison
304
Total
4
Median
5
Average
Company name
Ratings
Analysts
Mercantile Bank Corp
MBWM
5
Bank of America Corp
BAC
26
Wells Fargo & Co
WFC
26
JPMorgan Chase & Co
JPM
26
US Bancorp
USB
25
Regions Financial Corp
RF
25
1
2
3
...
61
Financial Forecasting
EPS
Revenue
Net Profit
EBIT
Relevant data have not been disclosed by the company yet.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Price Momentum
Currency: USD Updated: 2025-12-26The current price momentum score of Mercantile Bank Corp is 8.67, ranking 140/403 in the Banking Services industry. Currently, the stock price is trading between the resistance level at 50.79 and the support level at 46.28, making it suitable for range-bound swing trading.
Score
Support & Resistance
Relevant data have not been disclosed by the company yet.
Indicators
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
Moving Average
Indicators
Value
Direction
MA5
49.100
Sell
MA10
49.361
Sell
MA20
48.336
Buy
MA50
46.221
Buy
MA100
46.503
Buy
MA200
45.556
Buy
Institutional Confidence
Currency: USD Updated: 2025-12-26The current institutional shareholding score of Mercantile Bank Corp is 5.00, ranking 157/403 in the Banking Services industry. The latest institutional shareholding proportion is 65.39%, representing a quarter-over-quarter decrease of 5.44%. The largest institutional shareholder is The Vanguard, holding a total of 1.04M shares, representing 6.37% of shares outstanding, with 2.15% increase in holdings.
Score
Institutional Shareholding
Relevant data have not been disclosed by the company yet.
Shareholder Activity
Name
Shares Held
Chg %
BlackRock Institutional Trust Company, N.A.
Dimensional Fund Advisors, L.P.
American Century Investment Management, Inc.
State Street Investment Management (US)
Geode Capital Management, L.L.C.
North Star Asset Management Inc.
LSV Asset Management
Tributary Capital Management, LLC
1
2
Risk Assessment
Currency: USD Updated: 2025-12-26The current risk assessment score of Mercantile Bank Corp is 7.51, ranking 151/403 in the Banking Services industry. The company's beta value is 0.90. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets.
Score
Beta vs S&P 500 index
0.90
VaR
+2.81%
240-Day Maximum Drawdown
+25.60%
240-Day Volatility
+38.48%
Return
Best Daily Return
60 days
+3.84%
120 days
+5.52%
5 years
+16.54%
Worst Daily Return
60 days
-5.15%
120 days
-5.15%
5 years
-9.18%
Sharpe Ratio
60 days
+1.38
120 days
+0.09
5 years
+0.52
Risk Assessment
Maximum Drawdown
240 days
+25.60%
3 years
+32.09%
5 years
+38.92%
Return-to-Drawdown Ratio
240 days
+0.60
3 years
+0.41
5 years
+0.26
Skewness
240 days
-0.31
3 years
+1.03
5 years
+0.79
Volatility
Realised Volatility
240 days
+38.48%
5 years
+36.42%
Standardised True Range
240 days
+2.88%
5 years
+2.32%
Downside Risk-Adjusted Return
120 days
+14.36%
240 days
+14.36%
Maximum Daily Upside Volatility
60 days
+19.29%
Maximum Daily Downside Volatility
60 days
+22.09%
Liquidity
Average Turnover Rate
60 days
+0.49%
120 days
+0.42%
5 years
--
Turnover Deviation
20 days
-11.17%
60 days
+21.80%
120 days
+3.71%
Peer Comparison
Banking Services
Mercantile Bank Corp
MBWM
7.78 /10
Score
Financial Health
Valuation Dimensions
Earnings Forecast
Price Momentum
Institutional Confidence
Risk Assessment
East West Bancorp Inc
EWBC
8.86 /10
Score
Financial Health
Valuation Dimensions
Earnings Forecast
Price Momentum
Institutional Confidence
Risk Assessment
Credicorp Ltd
BAP
8.85 /10
Score
Financial Health
Valuation Dimensions
Earnings Forecast
Price Momentum
Institutional Confidence
Risk Assessment
AerCap Holdings NV
AER
8.83 /10
Score
Financial Health
Valuation Dimensions
Earnings Forecast
Price Momentum
Institutional Confidence
Risk Assessment
Citizens Financial Group Inc
CFG
8.79 /10
Score
Financial Health
Valuation Dimensions
Earnings Forecast
Price Momentum
Institutional Confidence
Risk Assessment
Wintrust Financial Corp
WTFC
8.63 /10
Score
Financial Health
Valuation Dimensions
Earnings Forecast
Price Momentum
Institutional Confidence
Risk Assessment
View more
FAQs
How does TradingKey generate the Stock Score of Mercantile Bank Corp?
The TradingKey Stock Score provides a comprehensive assessment of Mercantile Bank Corp based on 34 indicators derived from over 100 underlying data points. These indicators are categorised into six key dimensions: financial health, company profile, earnings forecasts, price momentum, institutional confidence, and risk assessment, collectively providing investors with a thorough analysis of Mercantile Bank Corp’s performance and outlook.
How do we generate the financial health score of Mercantile Bank Corp?
To generate the financial health score of Mercantile Bank Corp, we analyse various key financial indicators across several core dimensions, including financial fundamentals, earnings quality, operational efficiency, growth potential, and shareholder returns. By integrating these comprehensive data, the financial health score not only reflects Mercantile Bank Corp's overall stability, operational efficiency, and growth potential but also captures the investment returns delivered to shareholders. This score aims to support rational decision-making for investors and other stakeholders. A higher score indicates a better financial health of Mercantile Bank Corp.
How do we generate the company valuation score of Mercantile Bank Corp?
To generate the company valuation score of Mercantile Bank Corp, we use several key financial ratios, including P/E, P/B, P/S, and P/CF. These metrics compare Mercantile Bank Corp’s market value to its earnings, assets, sales, and cash flow, serving as core indicators for assessing company value. By analysing these ratios in an all-round manner, the valuation score reflects not only the market’s current perception of Mercantile Bank Corp’s value but also its future profitability and growth potential, thereby supporting more informed investment decisions. A higher score indicates a fairer valuation of Mercantile Bank Corp.
How do we generate the earnings forecast score of Mercantile Bank Corp?
To calculate the earnings forecast score of Mercantile Bank Corp, we consider various key indicators such as analyst ratings, financial forecasts, support and resistance levels, and peer comparisons:Current ratings and price targets directly reflect analysts’ expectations, while the upside space indicates their views on the stock’s growth potential.Financial metrics like earnings per share (EPS), revenue, net income, and earnings before interest and taxes (EBIT) are core measures for assessing profitability.By analysing the high, median, and low ranges of the target price, we can identify price trends and determine key support and resistance levels.Comparing these indicators against peers provides context for the stock’s performance and helps
anchor more realistic expectations.These factors together form a comprehensive earnings forecast score that accurately reflects the stock’s expected financial performance and growth potential. A higher score suggests that analysts have a more optimistic outlook on Mercantile Bank Corp’s future.
How do we generate the price momentum score of Mercantile Bank Corp?
When generating the price momentum score for Mercantile Bank Corp, we examine momentum indicators including support and resistance levels as well as volume metrics.Support levels represent price points where buying interest is strong enough to prevent further declines, while resistance levels indicate prices where selling pressure may hinder upward movement. By analysing typical price volume alongside total volume, we assess overall market activity and liquidity. These indicators help identify price trends and potential shifts, enabling more accurate predictions of future earnings.This comprehensive approach can reflect market sentiment and enable rational forecasts of Mercantile Bank Corp’s prices. A higher score indicates a more stable short-term price trend for Mercantile Bank Corp.
How do we generate the institutional confidence score of Mercantile Bank Corp?
To generate the institutional confidence score of Mercantile Bank Corp, we analyse both the proportion of shares held by institutions and the number of shares they own. A higher institutional ownership percentage indicates strong confidence of professional investors, which is generally a positive signal about Mercantile Bank Corp’s potential. By examining the number of shares held, we gain deeper insight into institutions’ commitment and attitude toward the stock, as institutional investors typically conduct thorough analysis before making investment decisions. Understanding institutional confidence helps us refine earnings forecasts and provides a more reliable perspective on the company’s future performance and market stability. A higher score indicates greater institutional endorsement of Mercantile Bank Corp.
How do we generate the risk management score of Mercantile Bank Corp?
To assess the risk management score of Mercantile Bank Corp, we examine multiple key indicators related to returns, risk, volatility, and liquidity.The highest and lowest daily returns reflect the potential size of gains and losses, while the Sharpe ratio measures risk-adjusted return performance. On the risk side, we analyse maximum drawdown and the return-to-drawdown ratio to identify extreme loss scenarios. Skewness helps assess the distribution of returns and whether performance may be biased. Volatility indicators—such as realised volatility and standardised true range—reveal price fluctuations. Downside risk-adjusted returns provide insight into potential losses and gains. Lastly, liquidity metrics like average turnover rate and turnover deviation indicate how actively the stock is traded.These indicators together provide a multi-dimensional understanding of Mercantile Bank Corp’s risk-return profile, serving as core factors of the risk management score. A higher score indicates lower risk on the side of Mercantile Bank Corp.
