What is Mercantile Bank Corporation?
Mercantile Bank Corporation operates as the bank holding company for Mercantile Bank that provides commercial and retail banking services to small- to medium-sized businesses and individuals in the United States.
MBWM · Verdict
Solid reward · elevated risk
MBWM stands out on profitability and growth, but watch the balance sheet signal.
Based on 88% data coverage
MBWM · Verdict
24% net margin · 14% ROE
Rev +20.2% CAGR · earnings +13.3%
24% net margin
Interest covered 0.8×
P/E 10.9× · PEG 2.51
Model-based scoring. For information only — not financial advice.
Mercantile Bank Corporation operates as the bank holding company for Mercantile Bank that provides commercial and retail banking services to small- to medium-sized businesses and individuals in the United States. The company accepts various deposit products, such as checking, savings, and term certificate accounts; time deposits; and certificates of deposit. The company is listed on the NASDAQ in USA, operating in the Financial Services sector, with a market capitalisation of 920.39M, and a P/E ratio of 9.8x.
The scoring profile indicates moderate reward potential, with profitability and growth as the leading contributors. Risk indicators are elevated — volatility and macro sensitivity warrant consideration.
For informational purposes only. Not financial advice.