Mercantile Bank Corporation

NasdaqGS:MBWM Rapport sur les actions

Capitalisation boursière : US$1.1b

Mercantile Bank Résultats passés

Passé contrôle des critères 4/6

Mercantile Bank a connu une croissance annuelle moyenne de ses bénéfices de 10.7%, tandis que le secteur Banks a vu ses bénéfices augmenter de en hausse à 4% par an. Les revenus ont augmenté de en hausse à un taux moyen de 7.7% par an. Le rendement des capitaux propres de Mercantile Bank est 12.6% et ses marges nettes sont de 36.1%.

Informations clés

10.70%

Taux de croissance des bénéfices

10.05%

Taux de croissance du BPA

Banks Croissance de l'industrie11.18%
Taux de croissance des recettes7.74%
Rendement des fonds propres12.61%
Marge nette36.08%
Dernière mise à jour des bénéfices30 Jun 2026

Mises à jour récentes des performances passées

Recent updates

Article d’analyse Jul 23

Results: Mercantile Bank Corporation Exceeded Expectations And The Consensus Has Updated Its Estimates

The quarterly results for Mercantile Bank Corporation ( NASDAQ:MBWM ) were released last week, making it a good time to...
Mise à jour du récit Jun 18

MBWM: Updated Discount Rate And P/E Assumptions Will Support Future Upside

Analysts have lifted their price target on Mercantile Bank stock by $3, citing updated assumptions around discount rates and forward P/E multiples while keeping fair value estimates broadly unchanged. Analyst Commentary Recent research on Mercantile Bank stock gives you a mix of optimism and caution, with one group of bullish analysts lifting price targets and others starting coverage with a more neutral stance.
Mise à jour du récit Jun 04

MBWM: Recent Neutral Coverage And Higher Fair Value Will Support Future Upside

Analysts have adjusted their price target on Mercantile Bank by $3, citing recent research that includes a target increase at Keefe Bruyette and a neutral initiation at Stephens as key factors in their updated view. Analyst Commentary Recent Street research offers a mixed read on Mercantile Bank, with one group of bullish analysts adjusting their price targets higher while others are taking a more wait and see stance at current levels.
Mise à jour du récit May 07

MBWM: Higher Future P/E And Neutral Coverage Stance Will Support Upside Potential

Analysts have adjusted the price target on Mercantile Bank to $59.33, citing updated assumptions around discount rates and future P/E that align with recent Street research, including a $3 target change and a new neutral initiation. Analyst Commentary Bullish Takeaways Bullish analysts view the $3 price target adjustment as better alignment between Mercantile Bank's current trading P/E and where they think the stock should sit relative to peers with similar profiles.
Mise à jour du récit Apr 23

MBWM: Higher Assumed Future P/E Will Support Upside Potential

Analysts now set a revised price target for Mercantile Bank at about $59.33, compared with the prior fair value of $52.80. This reflects updated views on discount rates, growth, margins, and a higher assumed future P/E in light of recent Street research that includes a $3 target increase and a neutral initiation.
Article d’analyse Jan 23

Mercantile Bank (NASDAQ:MBWM) Has Announced That It Will Be Increasing Its Dividend To $0.39

Mercantile Bank Corporation ( NASDAQ:MBWM ) has announced that it will be increasing its dividend from last year's...
Seeking Alpha Jan 22

Mercantile Bank: Excellent Underwriting And Expanding Margins

Summary Mercantile Bank is initiated with a "Buy" rating, targeting an 11% upside to a $59 fair value plus a 2.9% dividend yield. MBWM's Q4 earnings beat, robust credit quality, and the Eastern Michigan Bank acquisition expand its Michigan footprint and balance sheet liquidity. Loan growth is guided at 5%-7% for 2024, with NIM expansion expected from improved deposit mix and asset repricing, even amid anticipated Fed rate cuts. Strong capital ratios, excellent reserve coverage, and likely further M&A position MBWM for sustained growth and multiple expansion toward 10x earnings. Read the full article on Seeking Alpha
Mise à jour du récit Dec 05

MBWM: Clean Asset Quality Will Support Upside Despite Higher Expense Drag

Analysts have modestly reduced their price target on Mercantile Bank to $52.00 from $55.00, citing solid Q3 results with clean asset quality and strong deposit growth, but also noting a higher expense base, tighter net interest margins, and softer loan growth due to elevated payoffs. Analyst Commentary Analyst commentary on Mercantile Bank reflects a balanced view, with constructive interpretations of the latest quarter offset by clear acknowledgments of emerging headwinds for growth and profitability.
Mise à jour du récit Nov 21

MBWM: Asset Quality And Deposit Momentum Will Offset Higher Expenses Ahead

Analysts have reduced Mercantile Bank’s price target from $55 to $52. They cite a larger expense base, tighter net interest margin, and slower loan growth, even as asset quality and deposit growth continue.
Mise à jour du récit Nov 06

MBWM: Medium-Term Strength Will Rely On Asset Quality Amid Higher Expenses

Analysts have lowered their price target for Mercantile Bank from $55 to $52. They cite higher expenses, a tighter net interest margin, and slower loan growth, despite continued strong asset quality and deposit growth.
Mise à jour du récit Oct 23

Analysts Lower Mercantile Bank Target as Margins Narrow and Expenses Rise Despite Solid Results

Analysts have reduced their price target for Mercantile Bank from $55.60 to $52.80. They cite larger expenses, slightly lower profit margins, and modest loan growth, even though the company reported solid Q3 results and continued strength in assets and deposits.
Article d’analyse Jul 25

Mercantile Bank (NASDAQ:MBWM) Is Increasing Its Dividend To $0.38

Mercantile Bank Corporation ( NASDAQ:MBWM ) will increase its dividend from last year's comparable payment on the 17th...
Article d’analyse Mar 04

Mercantile Bank's (NASDAQ:MBWM) Shareholders Will Receive A Bigger Dividend Than Last Year

Mercantile Bank Corporation ( NASDAQ:MBWM ) has announced that it will be increasing its dividend from last year's...
Article d’analyse Jan 24

Mercantile Bank (NASDAQ:MBWM) Is Increasing Its Dividend To $0.37

The board of Mercantile Bank Corporation ( NASDAQ:MBWM ) has announced that it will be paying its dividend of $0.37 on...
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Nouveau récit Oct 20

Rising Costs And Slowing Loan Growth Threaten Bank Earnings Stability

Elevated loan-to-deposit ratio and declining net interest margins indicate potential liquidity strain and reduced profitability.
Seeking Alpha Oct 15

A Great Quarter Is A Great Time To Downgrade Mercantile Bank Corporation

Summary Mercantile Bank Corporation's Q3 2024 results exceeded analyst expectations, with revenue and profits higher than anticipated, despite a year-over-year decline in net profits. The stock has risen 26.1% since April, outperforming the S&P 500, but asset quality concerns and potential interest rate cuts prompted a downgrade to “buy.”. Net interest income increased due to reduced credit loss provisions and higher interest-earning assets, though net interest margin continues to decline. Despite a higher valuation and asset quality drop, Mercantile Bank's balance sheet growth and attractive share price still make it a solid “buy” candidate. Read the full article on Seeking Alpha
Article d’analyse Aug 21

Mercantile Bank's (NASDAQ:MBWM) Dividend Will Be Increased To $0.36

The board of Mercantile Bank Corporation ( NASDAQ:MBWM ) has announced that it will be paying its dividend of $0.36 on...
Article d’analyse Jul 19

Mercantile Bank (NASDAQ:MBWM) Is Increasing Its Dividend To $0.36

The board of Mercantile Bank Corporation ( NASDAQ:MBWM ) has announced that it will be paying its dividend of $0.36 on...
Seeking Alpha Jul 17

Mercantile Bank: Q2 2024 Earnings Spike The Price

Summary Mortgage loan originations and commercial loan growth led to a positive market reaction. Loan to Deposit ratio is improving, but still high at 107%, with management aiming to bring it down to around 95%. MBWM may currently be overvalued, leading management to set aside a possible buyback and focus on maintaining capital ratios. Read the full article on Seeking Alpha
Article d’analyse Apr 19

Mercantile Bank Corporation Just Beat EPS By 17%: Here's What Analysts Think Will Happen Next

Mercantile Bank Corporation ( NASDAQ:MBWM ) just released its latest quarterly results and things are looking bullish...
Seeking Alpha Apr 14

Mercantile Bank: A Fantastic Prospect For Investors To Bank On

Summary Mercantile Bank Corporation is a small bank with consistent revenue and profit growth, making it an attractive investment opportunity. The bank offers commercial and retail banking services, as well as insurance products and trust services. Despite a decline in non-interest income and concerns about uninsured deposit exposure, the bank's shares are attractively priced and its asset quality is high. Read the full article on Seeking Alpha
Article d’analyse Jan 22

Mercantile Bank (NASDAQ:MBWM) Is Paying Out A Larger Dividend Than Last Year

Mercantile Bank Corporation ( NASDAQ:MBWM ) will increase its dividend from last year's comparable payment on the 13th...

Ventilation des recettes et des dépenses

Comment Mercantile Bank gagne et dépense de l'argent. Sur la base des derniers bénéfices déclarés, sur une base LTM.


Historique des gains et des recettes

NasdaqGS:MBWM Recettes, dépenses et bénéfices (USD Millions )
DateRecettesLes revenusDépenses G+ADépenses de R&D
30 Jun 26264951220
31 Mar 26253921170
31 Dec 25238891120
30 Sep 25233861110
30 Jun 25228811100
31 Mar 25222781070
31 Dec 24223801060
30 Sep 24221801020
30 Jun 2422081990
31 Mar 2422083960
31 Dec 2321882950
30 Sep 2321884940
30 Jun 2321079930
31 Mar 2319871920
31 Dec 2218461910
30 Sep 2217851920
30 Jun 2217550910
31 Mar 2218256910
31 Dec 2118559900
30 Sep 2117961860
30 Jun 2117557870
31 Mar 2116048850
31 Dec 2015344830
30 Sep 2014643810
30 Jun 2014445770
31 Mar 2014748750
31 Dec 1915049740
30 Sep 1914648730
30 Jun 1914245720
31 Mar 1913943710
31 Dec 1813842700
30 Sep 1813438690
30 Jun 1813237670
31 Mar 1813035650
31 Dec 1712431640
30 Sep 1712331620
30 Jun 1712131620
31 Mar 1712131610
31 Dec 1612132610
30 Sep 1612030610
30 Jun 1611930610
31 Mar 1611929610
31 Dec 1511827600
30 Sep 1511827600

Des revenus de qualité: MBWM a des bénéfices de haute qualité.

Augmentation de la marge bénéficiaire: Les marges bénéficiaires nettes actuelles de MBWM sont plus élevées que l'année dernière MBWM. (36.1%) sont plus élevées que l'année dernière (35.8%).


Analyse des flux de trésorerie disponibles par rapport aux bénéfices


Analyse de la croissance passée des bénéfices

Tendance des revenus: Les bénéfices de MBWM ont augmenté de 10.7% par an au cours des 5 dernières années.

Accélération de la croissance: La croissance des bénéfices de MBWM au cours de l'année écoulée ( 17% ) dépasse sa moyenne sur 5 ans ( 10.7% par an).

Bénéfices par rapport au secteur d'activité: La croissance des bénéfices MBWM au cours de l'année écoulée ( 17% ) n'a pas surpassé celle du secteur Banks 23.3%.


Rendement des fonds propres

ROE élevé: Le retour sur capitaux propres de MBWM ( 12.6% ) est considéré comme faible.


Rendement des actifs


Rendement des capitaux employés


Découvrir des entreprises performantes dans le passé

Analyse de l'entreprise et données financières

DonnéesDernière mise à jour (heure UTC)
Analyse de l'entreprise2026/08/18 10:30
Cours de l'action en fin de journée2026/08/18 00:00
Les revenus2026/06/30
Revenus annuels2025/12/31

Sources de données

Les données utilisées dans notre analyse de l'entreprise proviennent de S&P Global Market Intelligence LLC. Les données suivantes sont utilisées dans notre modèle d'analyse pour générer ce rapport. Les données sont normalisées, ce qui peut entraîner un délai avant que la source ne soit disponible.

PaquetDonnéesCadre temporelExemple de source américaine *
Finances de l'entreprise10 ans
  • Compte de résultat
  • Tableau des flux de trésorerie
  • Bilan
Estimations consensuelles des analystes+3 ans
  • Prévisions financières
  • Objectifs de prix des analystes
Prix du marché30 ans
  • Cours des actions
  • Dividendes, scissions et actions
Propriété10 ans
  • Actionnaires principaux
  • Délits d'initiés
Gestion10 ans
  • L'équipe dirigeante
  • Conseil d'administration
Principaux développements10 ans
  • Annonces de l'entreprise

* Exemple pour les titres américains ; pour les titres non américains, des formulaires réglementaires et des sources équivalentes sont utilisés.

Sauf indication contraire, toutes les données financières sont basées sur une période annuelle mais mises à jour trimestriellement. C'est ce qu'on appelle les données des douze derniers mois (TTM) ou des douze derniers mois (LTM). En savoir plus.

Modèle d'analyse et flocon de neige

Les détails du modèle d’analyse utilisé pour générer ce rapport sont disponibles sur notre page Github ; nous proposons également des guides sur la façon d’utiliser nos rapports et des tutoriels sur YouTube.

Découvrez l'équipe de classe mondiale qui a conçu et construit le modèle d'analyse Simply Wall St.

Indicateurs de l'industrie et du secteur

Nos indicateurs de secteur et de section sont calculés toutes les 6 heures par Simply Wall St. Les détails de notre processus sont disponibles sur Github.

Sources des analystes

Mercantile Bank Corporation est couverte par 10 analystes. 6 de ces analystes ont soumis les estimations de revenus ou de bénéfices utilisées comme données d'entrée dans notre rapport. Les soumissions des analystes sont mises à jour tout au long de la journée.

AnalysteInstitution
Kevin ReeveyD.A. Davidson & Co.
Brendan NosalHovde Group, LLC
Damon DelMonteKeefe, Bruyette, & Woods