MBWM | Ticker Profile - Titan Protect

MBWM

Mercantile Bank Corporation

Financial Services · Banks - Regional · NMS

$52.74

Data: 2026-05-28

✗ ETHICAL FAIL

Unknown MOAT

HIGH

Data Confidence: 100.0%

Key Metrics

How this company measures up on the fundamentals that matter

Market Cap

$906M

Total market value of the company

Trailing P/E

9.40

Very cheap relative to earnings

Forward P/E

8.88

Based on estimated future earnings — lower means cheaper

Rev Growth

+25.8%

Year-over-year revenue change

Profit Margin

36.4%

How much profit the company keeps from each dollar of revenue

ROE

13.7%

Return on equity — how efficiently it uses shareholder money

Analyst Target

$59.00

+12% from current price — median analyst estimate

Recommendation

NONE

Consensus view from 6 analysts covering this stock

About 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. The company accepts various deposit products, such as checking, savings, and term certificate accounts; time deposits; and certificates of deposit. It also provides commercial and industrial loans; vacant land, land development, and residential construction loans; owner and non-owner occupied real estate loans; multi-family and residential rental property loans; single-family residential real estate loans; home equity line of credit programs; consumer loans, such as new and used automobile and boat loans, and credit cards, as well as overdraft protection services; and residential mortgage and instalment loans. In addition, the company offers courier services and safe deposit boxes; and insurance products, such as private passenger automobile, homeowners, personal inland marine, boat owners, recreational vehicle, dwelling fire, umbrella policies, small business, and life insurance products. Mercantile Bank Corporation was incorporated in 1997 and is headquartered in Grand Rapids, Michigan.

https://www.mercbank.com

Country: United States Employees: 766 Industry: Banks - Regional

Ethical Screening

Five compliance checks based on AAOIFI standards — all must pass for ethical clearance

Business Activity

FAIL

Core business does not involve prohibited activities

Debt Ratio

0.0% N/A

Debt must be below 33% of total assets

Cash Ratio

0.0% N/A

Interest-bearing cash below 33% of assets

Receivables

0.0% N/A

Receivables below 49% of assets

Revenue Purity

0.0% N/A

Non-compliant revenue below 5% — any excess requires purification

Quantitative Intelligence

Statistical analysis of price behaviour, risk, and market regime — independent of fundamental data

Regime

ACCUMULATION

Smart money appears to be building positions quietly

Sharpe Ratio

0.805

Good returns relative to risk taken

Kelly Fraction

0.0651

Suggested allocation is meaningful — the edge justifies a position

Calmar Ratio

0.946

Acceptable balance between returns and drawdown risk

Annual Return

23.7%

Historical annualised return based on price data

Max Drawdown

-25.0%

Largest peak-to-trough decline — the worst it has been

HMM State

SIDEWAYS

Price consolidating — no clear directional bias

Days in State

How long the current regime has persisted — longer means more stable

Market Data

Trading characteristics and market positioning

Beta

0.83

Less volatile than the market — more defensive

52W High

$55.77

5% below the year high

52W Low

$42.17

25% above the year low

Avg Volume

118,775

Average daily shares traded — higher means easier to buy and sell

Short Ratio

2.5

Days it would take all short sellers to cover — higher means more crowded

Short % Float

1.6%

Low short interest — limited bearish positioning

Div Yield

297.0%

Annual dividend as a percentage of the share price

EPS (TTM)

$5.58

Earnings per share over the last 12 months

Financial Health

Balance sheet strength and cash generation — the foundation of long-term value

Debt/Equity

N/A

Current Ratio

N/A

Quick Ratio

N/A

Like current ratio but excludes inventory — stricter test

Gross Margin

0.0%

Revenue left after cost of goods — higher means pricing power

Operating Margin

41.0%

Profit from core operations before interest and tax

Free Cash Flow

N/A

Negative — the business is spending more than it generates

Revenue (TTM)

$253M

Total revenue over the last 12 months

Net Income

$92M

Profitable — the bottom line is positive

Analyst Coverage

Analysts

Target High

$62.00

Target Median

$59.00

Target Low

$57.00

Explore the Ethical Screener View Track Record

Data sourced from public filings and market feeds. Not financial advice. Updated: 2026-05-28

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