Indicators
Indicators
Value
Direction
MACD(12,26,9)
-0.067
Sell
RSI(14)
41.482
Neutral
STOCH(KDJ)(9,3,3)
35.950
Neutral
ATR(14)
1.421
Low Volatility
CCI(14)
-84.544
Neutral
Williams %R
70.290
Sell
TRIX(12,20)
-0.263
Sell
StochRSI(14)
19.217
Sell
Mercantile Bank Corp
MBWM49.330USD
-0.450-0.90%
Close 03/27, 16:00（ET）Quotes delayed by 15 min
424.66MMarket Cap
9.03P/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: 2026-03-27Key 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 103 out of 400 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 56.83.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 Selling
The latest institutional holdings are 10.83M shares, decreasing 3.79% quarter-over-quarter.
Held by CI Select Canadian Equity Fund
Star Investor CI Select Canadian Equity Fund holds 171.00 shares of this stock.
Lower Market Activity
The company has less investor interest, with a 20-day turnover ratio of -0.11.
Analyst Rating
Based on
6
analysts
Buy
Current Rating
56.833
Target Price
+14.17%
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: 2026-03-27The current financial score of Mercantile Bank Corp is 6.49, ranking 259 out of 400 in the Banking Services industry. Its financial status is stable, and its operating efficiency is low. Its latest quarterly revenue reached 54.94M, representing a year-over-year increase of 4.88%, while its net profit experienced a year-over-year increase of 16.38%.
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: 2026-03-27The current valuation score of Mercantile Bank Corp is 8.07, ranking 146 out of 400 in the Banking Services industry. Its current P/E ratio is 9.03, which is 16.30% below the recent high of 10.50 and 40.15% above the recent low of 5.40.
Score
Valuation Dimensions
P/E
P/B
P/S
P/CF
Industry Ranking 103/400
Relevant data have not been disclosed by the company yet.
Earnings Forecast
Currency: USD Updated: 2026-03-27The current earnings forecast score of Mercantile Bank Corp is 7.20, ranking 177 out of 400 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
56.833
Target Price
+14.17%
Upside Space
Strong Buy
Buy
Hold
Sell
Strong Sell
Peer Comparison
307
Total
4
Median
5
Average
Company name
Ratings
Analysts
Mercantile Bank Corp
MBWM
6
JPMorgan Chase & Co
JPM
27
Wells Fargo & Co
WFC
27
US Bancorp
USB
26
Bank of America Corp
BAC
26
PNC Financial Services Group Inc
PNC
25
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: 2026-03-27The current price momentum score of Mercantile Bank Corp is 6.80, ranking 286 out of 400 in the Banking Services industry. Currently, the stock price is trading between the resistance level at 52.80 and the support level at 47.08, 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
49.713
Sell
MA10
49.692
Sell
MA20
50.355
Sell
MA50
51.853
Sell
MA100
49.555
Sell
MA200
48.031
Buy
Institutional Confidence
Currency: USD Updated: 2026-03-27The current institutional shareholding score of Mercantile Bank Corp is 5.00, ranking 152 out of 400 in the Banking Services industry. The latest institutional shareholding proportion is 63.04%, representing a quarter-over-quarter decrease of 3.60%. The largest institutional shareholder is The Vanguard, holding a total of 1.06M shares, representing 6.16% of shares outstanding, with 1.34% 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.
LSV Asset Management
1
2
Risk Assessment
Currency: USD Updated: 2026-03-27The 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 119 out of 400 in the Banking Services industry. The company's beta value is 0.88. 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
0.88
VaR
+2.85%
240-Day Maximum Drawdown
+13.58%
240-Day Volatility
+33.64%
Return
Best Daily Return
60 days
+5.77%
120 days
+5.77%
5 years
+16.54%
Worst Daily Return
60 days
-4.11%
120 days
-5.15%
5 years
-9.18%
Sharpe Ratio
60 days
+0.42
120 days
+0.91
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
+2.06
3 years
+1.33
5 years
+0.28
Skewness
240 days
+0.26
3 years
+1.20
5 years
+0.80
Volatility
Realised Volatility
240 days
+33.64%
5 years
+36.56%
Standardised True Range
240 days
+2.71%
5 years
+2.36%
Downside Risk-Adjusted Return
120 days
+134.02%
240 days
+134.02%
Maximum Daily Upside Volatility
60 days
+21.93%
Maximum Daily Downside Volatility
60 days
+24.02%
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
6.95 /10
Score
Financial Health
Valuation Dimensions
Earnings Forecast
Price Momentum
Institutional Confidence
Risk Assessment
OneMain Holdings Inc
OMF
8.60 /10
Score
Financial Health
Valuation Dimensions
Earnings Forecast
Price Momentum
Institutional Confidence
Risk Assessment
International Bancshares Corp
IBOC
8.55 /10
Score
Financial Health
Valuation Dimensions
Earnings Forecast
Price Momentum
Institutional Confidence
Risk Assessment
OFG Bancorp
OFG
8.52 /10
Score
Financial Health
Valuation Dimensions
Earnings Forecast
Price Momentum
Institutional Confidence
Risk Assessment
SLM Corp
SLM
8.50 /10
Score
Financial Health
Valuation Dimensions
Earnings Forecast
Price Momentum
Institutional Confidence
Risk Assessment
Synchrony Financial
SYF
8.41 /10
Score
Financial Health
Valuation Dimensions
Earnings Forecast
Price Momentum
Institutional Confidence
Risk Assessment
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