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Mercantile Bank Corporation

MBWM · NASDAQ

$60.03 -0.20% (-$0.12)
1M +0.70%
Market Cap $1.04B
P/E Ratio 10.95x
Div. Yield 2.58%
ROE 13.25%

Bulios Fair Price

$40.89

31.9% downside

Current Price

$60.03

Undervalued Fair Value Overvalued

According to Bulios Fair Price, MBWM is currently overvalued relative to its market price. How does it work?

Bulios Fair Price is an estimate of a stock's fair value from the Bulios valuation model. It is an input for your own analysis, not investment advice. How does it work?

Piotroski F-Score Moderate
5/9
Valuation
87 /100
Cheap
P/B 1.38x
P/E 10.95x
P/S 2.72x
Growth
90 /100
Growing
Book val. growth 17.98%
EPS growth 12.35%
Rev. growth 20.23%
Profitability
90 /100
Strong
Op. margin 28.78%
Net margin 24.79%
FCF margin N/A
Quality
86 /100
Excellent
Asset turnover 0.06x
ROE 13.25%
ROA 1.40%
Debt
0 /100
High
Current ratio 0.22x
Net debt/EBITDA N/A
Debt/Equity N/A
Stability
89 /100
Stable
EPS volatility 18.71%
Beta 0.81x
Profitable years 6

Bulios Scoring describes a company's quality and track record, not its future return. A high score is not a buy signal. Learn more

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About the company

Mercantile Bank Corporation (MBWM) is an American bank headquartered in Michigan, offering a wide range of banking services, including loans, savings, and investment products. With over 175 years of experience, Mercantile Bank Corporation has deep roots and a strong market position. The bank focuses on providing quality services to its clients and supporting the communities in which it operates. Mercantile Bank Corporation (MBWM) shares could be suitable for investors looking to invest in the banking sector with a long history and a strong presence in the Midwest United States.

Sector

Financial Services

Industry

Banks - Regional

CEO

Raymond E. Reitsma

Employees

765

Headquarters

Grand Rapids

Upcoming events

20 OCT

Earnings

Upcoming earnings report

30d

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