Indicators
Indicators
Value
Direction
MACD(12,26,9)
-0.338
Sell
RSI(14)
40.486
Neutral
STOCH(KDJ)(9,3,3)
24.551
Sell
ATR(14)
1.331
High Vlolatility
CCI(14)
-150.283
Sell
Williams %R
91.393
Oversold
TRIX(12,20)
-0.041
Sell
StochRSI(14)
0.000
Oversold
Search
Mercantile Bank Corp
MBWMAdd to Watchlist
49.870USD
-1.230-2.41%
Close 05/15, 16:00（ET）Quotes delayed by 15 min
861.47MMarket Cap
8.94P/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: 2026-05-15Key Insights
Mercantile Bank Corp's fundamentals are relatively healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 109 out of 394 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 58.50.In the medium term, the stock price is expected to remain stable.Despite a weak stock market performance over the past month, the company shows 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
Media Coverage
Last 24 hours
Coverage Level
Very Low
Very High
Neutral
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 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 1.17, at a medium 3-year percentile range.
Institutional Buying
The latest institutional holdings are 12.07M shares, increasing 4.71% quarter-over-quarter.
Held by PRFDX
Star Investor PRFDX holds 1.66K shares of this stock.
Analyst Rating
Based on
6
analysts
Buy
Current Rating
58.500
Target Price
+14.48%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Financial Health
Currency: USD Updated: 2026-05-15The current financial score of Mercantile Bank Corp is 6.49, ranking 254 out of 394 in the Banking Services industry. Its financial status is stable, and its operating efficiency is low. Its latest quarterly revenue reached 59.52M, representing a year-over-year increase of 15.65%, while its net profit experienced a year-over-year increase of 16.11%.
Score
Financials
7.23
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
5.83
Operational Efficiency
5.43
Growth Potential
7.09
Shareholder Returns
6.86
Mercantile Bank Corp's Company Valuation
Currency: USD Updated: 2026-05-15The current valuation score of Mercantile Bank Corp is 8.07, ranking 143 out of 394 in the Banking Services industry. Its current P/E ratio is 8.94, which is 17.35% below the recent high of 10.50 and 39.61% above the recent low of 5.40.
Score
Valuation Dimensions
P/E
P/B
P/S
P/CF
Industry Ranking 109/394
Relevant data have not been disclosed by the company yet.
Earnings Forecast
Currency: USD Updated: 2026-05-15The current earnings forecast score of Mercantile Bank Corp is 7.00, ranking 190 out of 394 in the Banking Services industry. The average price target 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
6
analysts
Buy
Current Rating
58.500
Target Price
+14.48%
Upside Space
Strong Buy
Buy
Hold
Sell
Strong Sell
Peer Comparison
308
Total
4
Median
5
Average
Company name
Ratings
Analysts
Mercantile Bank Corp
MBWM
6
JPMorgan Chase & Co
JPM
27
Bank of America Corp
BAC
27
Wells Fargo & Co
WFC
26
US Bancorp
USB
23
PNC Financial Services Group Inc
PNC
23
1
2
3
...
62
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: 2026-05-15The current price momentum score of Mercantile Bank Corp is 6.62, ranking 269 out of 394 in the Banking Services industry. Currently, the stock price is trading between the resistance level at 53.38 and the support level at 47.98, 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
50.808
Sell
MA10
51.341
Sell
MA20
51.351
Sell
MA50
51.147
Sell
MA100
51.329
Sell
MA200
48.836
Buy
Institutional Confidence
Currency: USD Updated: 2026-05-15The current institutional shareholding score of Mercantile Bank Corp is 5.00, ranking 165 out of 394 in the Banking Services industry. The latest institutional shareholding proportion is 69.86%, representing a quarter-over-quarter increase of 10.82%. The largest institutional shareholder is James Simons, holding a total of 472.21K shares, representing 2.73% of shares outstanding, with 12.70% decrease 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.
Wellington Management Company, LLP
LSV Asset Management
1
2
Risk Assessment
Currency: USD Updated: 2026-05-15The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Banking Services domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Mercantile Bank Corp is 8.14, ranking 118 out of 394 in the Banking Services industry. The company's beta value is 0.82. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets. with an industry-leading ESG disclosure.
Score
Beta vs S&P 500 index
0.84
VaR
+2.81%
240-Day Maximum Drawdown
+13.58%
240-Day Volatility
+32.72%
Return
Best Daily Return
60 days
+3.37%
120 days
+5.77%
5 years
+16.54%
Worst Daily Return
60 days
-3.44%
120 days
-4.11%
5 years
-9.18%
Sharpe Ratio
60 days
-1.23
120 days
+1.16
5 years
+0.54
Risk Assessment
Maximum Drawdown
240 days
+13.58%
3 years
+25.60%
5 years
+38.92%
Return-to-Drawdown Ratio
240 days
+1.04
3 years
+1.03
5 years
+0.30
Skewness
240 days
+0.19
3 years
+1.19
5 years
+0.81
Volatility
Realised Volatility
240 days
+32.72%
5 years
+36.40%
Standardised True Range
240 days
+2.71%
5 years
+2.36%
Downside Risk-Adjusted Return
120 days
+186.76%
240 days
+186.76%
Maximum Daily Upside Volatility
60 days
+20.25%
Maximum Daily Downside Volatility
60 days
+23.32%
Liquidity
Average Turnover Rate
60 days
+0.70%
120 days
+0.64%
5 years
--
Turnover Deviation
20 days
+44.56%
60 days
+49.12%
120 days
+36.02%
Peer Comparison
Banking Services
Mercantile Bank Corp
MBWM
6.87 /10
Score
Financial Health
Valuation Dimensions
Earnings Forecast
Price Momentum
Institutional Confidence
Risk Assessment
Royal Bank of Canada
RY
8.49 /10
Score
Financial Health
Valuation Dimensions
Earnings Forecast
Price Momentum
Institutional Confidence
Risk Assessment
Prosperity Bancshares Inc
PB
8.47 /10
Score
Financial Health
Valuation Dimensions
Earnings Forecast
Price Momentum
Institutional Confidence
Risk Assessment
East West Bancorp Inc
EWBC
8.42 /10
Score
Financial Health
Valuation Dimensions
Earnings Forecast
Price Momentum
Institutional Confidence
Risk Assessment
Synchrony Financial
SYF
8.38 /10
Score
Financial Health
Valuation Dimensions
Earnings Forecast
Price Momentum
Institutional Confidence
Risk Assessment
AerCap Holdings NV
AER
8.38 /10
Score
Financial Health
Valuation Dimensions
Earnings Forecast
Price Momentum
Institutional Confidence
Risk Assessment
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