MBWM Share Price Performance
US$52.20
8.51 (19.48%)
12.0% undervalued intrinsic discount
US$59.33
Fair Value
Price US$52.20
AnalystConsensusTarget US$59.33
Fair ValueUS$59.33
Share Pricen/a
Narrative Update • May 07
Mercantile Bank Corporation Stock Price
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MBWM Community Narratives
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Fair Value
·Fair Value US$59.33 12.0% undervalued intrinsic discount
Analysts Lower Mercantile Bank Target as Margins Narrow and Expenses Rise Despite Solid Results
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Analysts Lower Mercantile Bank Target as Margins Narrow and Expenses Rise Despite Solid Results
Key Takeaways Failure to keep pace with digital banking advances and shifting consumer preferences threatens market share, deposit growth, and revenue stability amid strong fintech and regulatory pressures. Geographic concentration and heavy reliance on traditional community banking increase vulnerability to local economic shifts, competitive threats, and rising compliance costs, straining long-term profitability.Read more
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US$59.33
12.0% undervalued intrinsic discount
Fair Value
Revenue
9.55% p.a.
Profit Margin
32.78%
Future PE
13.51x
Price in 2029
US$70.71
Trending Discussion
Recently Updated Narratives
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MBWM: Higher Future P/E And Neutral Coverage Stance Will Support Upside Potential
Fair Value: US$59.33 12.0% undervalued intrinsic discount
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Snowflake Analysis
Mercantile Bank Corporation Key Details
Last Reported Earnings
Mar 31, 2026
Next Reporting Earnings
n/a
- 5.32
- 100.00%
- 36.37%
- 98.0%
About MBWM
- Founded
- 1997
- Employees
- 765
- CEO
- WebsiteView website
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.
Recent MBWM News & Updates
Narrative Update • Apr 23
