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Mercantile Bank DSE:MERCANBANK Stock Report

Last Price

৳10.00

Market Cap

৳11.1b

7D

-1.0%

1Y

-24.8%

Updated

23 Nov, 2024

Data

Company Financials

Mercantile Bank PLC.

DSE:MERCANBANK Stock Report

Market Cap: ৳11.1b

Mercantile Bank PLC. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Mercantile Bank
Historical stock prices
Current Share Price৳10.00
52 Week High৳13.90
52 Week Low৳8.70
Beta0.011
11 Month Change-1.96%
3 Month Change-10.71%
1 Year Change-24.81%
33 Year Change-40.50%
5 Year Change-13.18%
Change since IPO434.71%

Recent News & Updates

Recent updates

Shareholder Returns

MERCANBANKBD BanksBD Market
7D-1.0%-3.0%-2.7%
1Y-24.8%-0.4%-21.0%

Return vs Industry: MERCANBANK underperformed the BD Banks industry which returned -0.4% over the past year.

Return vs Market: MERCANBANK underperformed the BD Market which returned -21% over the past year.

Price Volatility

Is MERCANBANK's price volatile compared to industry and market?
MERCANBANK volatility
MERCANBANK Average Weekly Movement3.4%
Banks Industry Average Movement4.5%
Market Average Movement7.0%
10% most volatile stocks in BD Market9.4%
10% least volatile stocks in BD Market3.8%

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