Mercantile Bank (MBWM)

Executive Summary

Mercantile Bank Corporation operates as the bank holding company for Mercantile Bank of Michigan that provides commercial and retail banking services for small- to medium-sized businesses and individuals in the United States. More Details


PE ratio (9.6x) is below the US market (19.7x)

Risk Analysis

Earnings are forecast to decline by an average of 14% per year for the next 3 years

Unstable dividend track record

Snowflake Analysis

Flawless balance sheet average dividend payer.

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