Indicators
Indicators
Value
Direction
MACD(12,26,9)
0.341
Neutral
RSI(14)
51.046
Neutral
STOCH(KDJ)(9,3,3)
75.972
Buy
ATR(14)
1.189
Low Volatility
CCI(14)
49.824
Neutral
Williams %R
34.543
Buy
TRIX(12,20)
-0.104
Sell
StochRSI(14)
75.818
Sell
Mercantile Bank Corp
MBWM45.130USD
-0.130-0.29%
Close 11/07, 16:00（ET）Quotes delayed by 15 min
733.52MMarket Cap
8.58P/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: 2025-11-07Key Insights
The company's fundamentals are relatively very healthy. Its valuation is considered fairly valued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Buy. Despite an average stock market performance, 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
No Data
Score Analysis
Current score
Previous score
Analyst Rating
Based on
5
analysts
Buy
Current Rating
52.800
Target Price
+17.00%
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, 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%.
Undervalued
The company’s latest PB is 1.12, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 10.62M shares, decreasing 6.56% 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: 2025-11-07The company's current financial score is 8.23, which is higher than the Banking Services industry's average of 7.05. Its financial status is robust, and its operating efficiency is average. 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
8.29
Key Metrics
Cash and cash equivalents
Total assets
Total liabilities
Free cash flow
No Data
Quality of Earnings
7.33
Operational Efficiency
7.94
Growth Potential
8.96
Shareholder Returns
8.65
Mercantile Bank Corp's Company Valuation
Currency: USD Updated: 2025-11-07The company’s current valuation score is 8.07, which is higher than the Banking Services industry's average of 7.67. Its current P/E ratio is 8.55, which is 22.73% below the recent high of 10.50 and 36.84% above the recent low of 5.40.
Score
Valuation Dimensions
P/E
P/B
P/S
P/CF
Industry Ranking 82/407
No Data
Earnings Forecast
Currency: USD Updated: 2025-11-07The company’s current earnings forecast score is 7.20, which is lower than the Banking Services industry's average of 7.41. 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
No Data
Analyst Rating
Based on
5
analysts
Buy
Current Rating
52.800
Target Price
+17.00%
Upside Space
Strong Buy
Buy
Hold
Sell
Strong Sell
Peer Comparison
295
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
...
59
Financial Forecasting
EPS
Revenue
Net Profit
EBIT
No Data
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: 2025-11-07The company’s current price momentum score is 6.97, which is lower than the Banking Services industry's average of 7.61. Sideways: Currently, the stock price is trading between the resistance level at 46.85 and the support level at 43.08, making it suitable for range-bound swing trading.
Score
Support & Resistance
No Data
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
44.852
Buy
MA10
44.480
Buy
MA20
44.682
Buy
MA50
45.904
Sell
MA100
46.552
Sell
MA200
45.705
Sell
Institutional Confidence
Currency: USD Updated: 2025-11-07The company’s current institutional recognition score is 5.00, which is lower than the Banking Services industry's average of 5.27. The latest institutional shareholding proportion is 65.35%, representing a quarter-over-quarter decrease of 5.50%. The largest institutional shareholder is The Vanguard, holding a total of 1.04M shares, representing 6.38% of shares outstanding, with 18.92% increase in holdings.
Score
Institutional Shareholding
No Data
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: 2025-11-07The company’s current risk assessment score is 7.75, which is higher than the Banking Services industry's average of 6.61. The company's beta value is 0.92. 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
0.91
VaR
+2.85%
240-Day Maximum Drawdown
+25.60%
240-Day Volatility
+39.26%
Return
Best Daily Return
60 days
+5.52%
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
-0.56
120 days
+0.01
5 years
+0.57
Risk Assessment
Maximum Drawdown
240 days
+25.60%
3 years
+34.52%
5 years
+38.92%
Return-to-Drawdown Ratio
240 days
-0.31
3 years
+0.32
5 years
+0.34
Skewness
240 days
-0.40
3 years
+0.91
5 years
+0.77
Volatility
Realised Volatility
240 days
+39.26%
5 years
+36.66%
Standardised True Range
240 days
+3.20%
5 years
+2.50%
Downside Risk-Adjusted Return
120 days
+1.63%
240 days
+1.63%
Maximum Daily Upside Volatility
60 days
+20.01%
Maximum Daily Downside Volatility
60 days
+18.58%
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
7.38 /10
Score
Financial Health
Valuation Dimensions
Earnings Forecast
Price Momentum
Institutional Confidence
Risk Assessment
AerCap Holdings NV
AER
8.90 /10
Score
Financial Health
Valuation Dimensions
Earnings Forecast
Price Momentum
Institutional Confidence
Risk Assessment
East West Bancorp Inc
EWBC
8.89 /10
Score
Financial Health
Valuation Dimensions
Earnings Forecast
Price Momentum
Institutional Confidence
Risk Assessment
Wintrust Financial Corp
WTFC
8.83 /10
Score
Financial Health
Valuation Dimensions
Earnings Forecast
Price Momentum
Institutional Confidence
Risk Assessment
FNB Corp
FNB
8.70 /10
Score
Financial Health
Valuation Dimensions
Earnings Forecast
Price Momentum
Institutional Confidence
Risk Assessment
OneMain Holdings Inc
OMF
8.65 /10
Score
Financial Health
Valuation Dimensions
Earnings Forecast
Price Momentum
Institutional Confidence
Risk Assessment
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