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Mercantile Bank DSE:MERCANBANK Stock Report

Last Price

৳10.00

Market Cap

৳11.1b

7D

-2.0%

1Y

-24.8%

Updated

24 Dec, 2024

Data

Company Financials

Mercantile Bank PLC.

DSE:MERCANBANK Stock Report

Market Cap: ৳11.1b

My Notes

Capture your thoughts, links and company narrative

Mercantile Bank PLC. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Mercantile Bank
Historical stock prices
Current Share Price৳10.00
52 Week High৳13.90
52 Week Low৳8.70
Beta0.023
1 Month Change1.01%
3 Month Change-7.41%
1 Year Change-24.81%
3 Year Change-38.45%
5 Year Change-10.55%
Change since IPO434.71%

Recent News & Updates

Recent updates

Shareholder Returns

MERCANBANKBD BanksBD Market
7D-2.0%-0.05%0.1%
1Y-24.8%-3.0%-21.7%

Return vs Industry: MERCANBANK underperformed the BD Banks industry which returned -3% over the past year.

Return vs Market: MERCANBANK underperformed the BD Market which returned -21.7% over the past year.

Price Volatility

Is MERCANBANK's price volatile compared to industry and market?
MERCANBANK volatility
MERCANBANK Average Weekly Movement3.2%
Banks Industry Average Movement4.0%
Market Average Movement6.6%
10% most volatile stocks in BD Market8.9%
10% least volatile stocks in BD Market3.5%

Stable Share Price: MERCANBANK has not had significant price volatility in the past 3 months compared to the BD market.

Volatility Over Time: MERCANBANK's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19992,664Md. Quamrul Chowdhurywww.mblbd.com

Mercantile Bank PLC. provides various commercial banking services in Bangladesh. The company offers current deposit, savings bank, special noticed deposit, and fixed deposit accounts, as well as various scheme and school banking deposits; home, car, personal, house furnishing, doctors, education, secured overdraft, and corporate and agriculture loans, as well as loans for green products refinance scheme; and small and medium enterprise financing services comprising term, continuous, short term seasonal, women entrepreneur's, and foreign trade loans, as well as factoring of receivable services.

Mercantile Bank PLC. Fundamentals Summary

How do Mercantile Bank's earnings and revenue compare to its market cap?
MERCANBANK fundamental statistics
Market cap৳11.07b
Earnings (TTM)৳3.09b
Revenue (TTM)৳12.91b

3.6x

P/E Ratio

0.4x

P/B Ratio

Is MERCANBANK overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MERCANBANK income statement (TTM)
Revenue৳12.91b
Cost of Revenue৳0
Gross Profit৳12.91b
Other Expenses৳9.82b
Earnings৳3.09b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)2.79
Gross Margin100.00%
Net Profit Margin23.92%
Debt/Equity Ratio82.9%

How did MERCANBANK perform over the long term?

See historical performance and comparison

Dividends

10.0%

Current Dividend Yield

36%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 02:47
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Mercantile Bank PLC. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution