MBWM — Mercantile Bank Corporation stock price and chart

MBWM

$59.04+1.06%

as of close, Oct 20, 2026

☾ AH $59.04 +1.06%

Mercantile Bank CorporationStock · FinancialsRussell 2000 · 0.03% of IWMNasdaq Composite · 0.005% of ONEQRussell 3000 · 0.001% of IWVUS Stock Market · 0.001% of VTI

PeersJPMBACBRK-BVHOODGS

Share this page

Technical analysis2

Overlay lines0

Addendum charts0

VolumeDDDDDDDDDDDDDDDDDDDDDDDDDDDDEDEDEDEDEDEDEDEDEDEDEDEDE

20162019202120242026

20.025.030.035.040.045.050.055.060.00500.0K1.0M$59.04

2026-10-20

Price$59.04

MA20$57.56

MA50$52.36

Vol542.9K

What would $1,000 invested in MBWM be worth today? →

MBWM returns: By year · By month · By week · Trailing

Key stats#

Price data

Price: $59.04
YTD price return: +22.74%
YTD total return: +25.41%
Market cap: 1B2016-12 614.6M2026-10 1B+66.1% over the window
Enterprise value: 1B
Shares outstanding: 17.3M2016-06 16.3M2026-06 17.3M+6.2% over the window
52W low: $42.88
52W high: $62.95
From 52W high: -6.21%
From 52W low: +37.69%
52W range: 81%

Volume

Rel volume: 1.70×
30D volume: 118K
30D $ vol: 7M

Fundamentals

Sales (ttm): 260.8M2016-06 51.4B2026-06 260.8M-99.5% over the window
Sales/share: $15.092016-06 $3,154.702026-06 $15.09-99.5% over the window
EPS (ttm): $5.512016-06 $1.832026-06 $5.51+201.1% over the window
FCF (ttm): 18M
FCF/share: $1.04
Book value/share: $43.682016-06 $21.172026-06 $43.68+106.4% over the window
Net margin: 36.51%2016-06 0.1%2026-06 36.5%+62815.6% over the window
ROE: 12.61%2016-06 8.6%2026-06 12.6%+45.8% over the window
ROA: 1.40%2016-06 1.0%2026-06 1.4%+40.6% over the window

Growth (CAGR, ttm) · 10Y

Sales: +11.14%2025-06-30 → 2026-06-30234.7M → 260.8M (+11.1% total)+6.06%2023-06-30 → 2026-06-30218.6M → 260.8M (+19.3% total)+8.01%2021-06-30 → 2026-06-30177.4M → 260.8M (+47.0% total)-41.04%2016-06-30 → 2026-06-3051.4B → 260.8M (-99.5% total)
Net income: +16.98%2025-06-30 → 2026-06-3081.4M → 95.2M (+17.0% total)+6.34%2023-06-30 → 2026-06-3079.2M → 95.2M (+20.3% total)+10.77%2021-06-30 → 2026-06-3057.1M → 95.2M (+66.7% total)+12.32%2016-06-30 → 2026-06-3029.8M → 95.2M (+219.5% total)
Shares: +6.39%2025-06-30 → 2026-06-3016.2M → 17.3M (+6.4% total)+2.57%2023-06-30 → 2026-06-3016M → 17.3M (+7.9% total)+1.69%2021-06-30 → 2026-06-3015.9M → 17.3M (+8.8% total)+0.60%2016-06-30 → 2026-06-3016.3M → 17.3M (+6.2% total)

Per-share growth (CAGR, ttm) · 10Y

EPS: +9.54%2025-06-30 → 2026-06-30$5.03 → $5.51 (+9.5% total)+3.52%2023-06-30 → 2026-06-30$4.97 → $5.51 (+10.9% total)+9.44%2021-06-30 → 2026-06-30$3.51 → $5.51 (+57.0% total)+11.66%2016-06-30 → 2026-06-30$1.83 → $5.51 (+201.1% total)
Sales/share: +4.47%2025-06-30 → 2026-06-30$14.44 → $15.09 (+4.5% total)+3.40%2023-06-30 → 2026-06-30$13.65 → $15.09 (+10.6% total)+6.21%2021-06-30 → 2026-06-30$11.16 → $15.09 (+35.2% total)-41.39%2016-06-30 → 2026-06-30$3,154.70 → $15.09 (-99.5% total)
Book value/share: +12.41%2025-06-30 → 2026-06-30$38.87 → $43.68 (+12.4% total)+13.49%2023-06-30 → 2026-06-30$29.88 → $43.68 (+46.2% total)+8.97%2021-06-30 → 2026-06-30$28.43 → $43.68 (+53.6% total)+7.52%2016-06-30 → 2026-06-30$21.17 → $43.68 (+106.4% total)
Dividend/share: +6.95%2025-06-30 → 2026-06-30$1.44 → $1.54 (+6.9% total)+6.08%2023-06-30 → 2026-06-30$1.29 → $1.54 (+19.4% total)+6.20%2021-06-30 → 2026-06-30$1.14 → $1.54 (+35.1% total)+9.61%2016-06-30 → 2026-06-30$0.62 → $1.54 (+150.4% total)
Price: +32.31%2025-10-20 → 2026-10-20$44.63 → $59.04 (+32.3% total)Price appreciation from split-adjusted daily closes, excluding dividends; endpoints are exact trading-day anniversaries of the latest close.+23.42%2023-10-20 → 2026-10-20$31.40 → $59.04 (+88.0% total)Price appreciation from split-adjusted daily closes, excluding dividends; endpoints are exact trading-day anniversaries of the latest close.+10.62%2021-10-20 → 2026-10-20$35.64 → $59.04 (+65.7% total)Price appreciation from split-adjusted daily closes, excluding dividends; endpoints are exact trading-day anniversaries of the latest close.+7.90%2016-10-19 → 2026-10-20$27.59 → $59.04 (+114.0% total)Price appreciation from split-adjusted daily closes, excluding dividends; endpoints are exact trading-day anniversaries of the latest close.
Total return: +36.28%2025-10-20 → 2026-10-20$43.33 → $59.04 (+36.2% total)Total return with dividends reinvested (adjusted daily closes); endpoints are exact trading-day anniversaries of the latest close. The gap against the Price row is the dividend contribution.+27.52%2023-10-20 → 2026-10-20$28.47 → $59.04 (+107.4% total)Total return with dividends reinvested (adjusted daily closes); endpoints are exact trading-day anniversaries of the latest close. The gap against the Price row is the dividend contribution.+14.60%2021-10-20 → 2026-10-20$29.88 → $59.04 (+97.6% total)Total return with dividends reinvested (adjusted daily closes); endpoints are exact trading-day anniversaries of the latest close. The gap against the Price row is the dividend contribution.+12.06%2016-10-19 → 2026-10-20$18.91 → $59.04 (+212.2% total)Total return with dividends reinvested (adjusted daily closes); endpoints are exact trading-day anniversaries of the latest close. The gap against the Price row is the dividend contribution.

Fundamentals end at the last reported quarter; price and total return end at the latest close.

Valuation

P/E (ttm)Price ÷ TTM diluted EPS. Net income carries everything below the operating line, including one-off gains. Negative when the trailing year lost money.: 10.7×2016-12 20.282026-10 10.72-47.1% over the window
Fwd P/E: 10.2×
P/S (ttm)Market cap ÷ TTM revenue.: 3.9×2016-12 0.022026-10 3.91+16300.7% over the window
P/B (mrq)Market cap ÷ stockholders' equity at the most recent quarter end.: 1.4×2016-12 1.762026-10 1.35-23.1% over the window
P/FCF (ttm)Market cap ÷ TTM free cash flow (operating cash flow − capex).: 56.8×
EV/Sales (ttm): 3.9×
FCF yield (ttm)TTM free cash flow ÷ market cap — the inverse of P/FCF.: 1.76%
Dividend yield (fwd)Indicated annual dividend ÷ last close: the last regular payment × payments a year, from our own dividend record. Shown only for a company that pays the same amount each time (raises and cuts allowed), whose payments are on schedule and agree with the dividends it reports paying; a company whose payments vary in size, such as an unequal interim and final, has no forward figure — see the ttm yield.: 2.71%
Dividend yield (ttm)Dividends paid over the last year ÷ last close: the last full cycle of regular payments in our own dividend record. Below the forward yield after a raise, above it after a cut. Shown only when the record holds that full cycle and it agrees with the dividends the company reports paying; otherwise —.: 2.64%
Dividend/share (fwd)The indicated annual dividend: the last regular payment × payments a year, for a company that pays the same amount each time.: $1.60
Buyback yield (realized, 1y)1 − shares_at(2026-06-30) ÷ shares_at(2025-06-30) = 1 − 17.3M ÷ 16.2M. Point-in-time share counts from the company's own SEC filings (the same count at both ends), published only when the cash flow statement shows repurchases inside that window. A falling price can't inflate it; negative means net dilution.: -6.39%
Shareholder yield (realized, 1y)Buyback leg + dividend leg: shares retired over the year (-6.39%) + dividends paid over that year ($25.4M) ÷ market_cap_at(2025-06-30) ($754.1M). Both legs are measured against the start of the window, so a payout can't shrink its own denominator.: -3.02%
Buyback yield (cash, ttm)Buybacks net of issuance over the trailing twelve months ($0) ÷ today's market cap ($1B). Dollars SPENT over what the company is worth NOW — a stock that fell after buying reads high.: 0.00%2016-09 0.7%2026-06 0.0%-100.0% over the window
Shareholder yield (cash, ttm)(TTM buybacks net of issuance $0 + TTM dividends $25.4M) ÷ today's market cap ($1B). Same caveat as the cash buyback yield.: 2.49%2016-09 2.4%2026-06 2.6%+7.8% over the window

Vs own 10Y history

P/E: 60th
P/S: 77th
P/B: 68th

Bar = where today’s multiple sits in MBWM’s own 10-year range:near a decade-low (cheap)→near a decade-high (rich).

Performance · price return · as of 2026-10-20#

+1.06%

+1.74%

-1.65%

+2.39%

YTD

+22.74%

+32.29%

+65.66%

Financial statements

Open full MBWM financials →

Loading financial statements…

Ticker	Name	1M	1D
BRK-B	Berkshire Hathaway Inc.	+5.89%	+1.43%
JPM	JPMorgan Chase & Co.	-4.12%	+0.52%
V	Visa Inc.	+10.39%	+0.91%
MA	Mastercard Incorporated	+9.76%	+0.65%
BAC	Bank of America Corporation	-12.28%	+0.50%
HSBC	HSBC Holdings plc.	-8.93%	-0.24%
MS	Morgan Stanley	-10.95%	+1.08%
RY	Royal Bank Of Canada	-2.09%	+1.40%

MBWM — Mercantile Bank Corporation price, chart and key statistics