MERCANBANK Stock Overview
Mercantile Bank Limited provides various commercial banking services in Bangladesh.
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 1/6 |
| Financial Health | 4/6 |
| Dividends | 2/6 |
Mercantile Bank PLC. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ৳11.00 |
| 52 Week High | ৳13.90 |
| 52 Week Low | ৳11.00 |
| Beta | -0.062 |
| 1 Month Change | -11.29% |
| 3 Month Change | -11.29% |
| 1 Year Change | -19.28% |
| 3 Year Change | 6.14% |
| 5 Year Change | -5.46% |
| Change since IPO | 488.18% |
Recent News & Updates
Recent updates
Shareholder Returns
| MERCANBANK | BD Banks | BD Market | |
|---|---|---|---|
| 7D | -3.5% | -1.6% | -3.1% |
| 1Y | -19.3% | -5.6% | -19.4% |
Return vs Industry: MERCANBANK underperformed the BD Banks industry which returned -4.8% over the past year.
Return vs Market: MERCANBANK underperformed the BD Market which returned -18.2% over the past year.
Price Volatility
| MERCANBANK volatility | |
|---|---|
| MERCANBANK Average Weekly Movement | 3.8% |
| Banks Industry Average Movement | 4.1% |
| Market Average Movement | 5.2% |
| 10% most volatile stocks in BD Market | 8.6% |
| 10% least volatile stocks in BD Market | 3.3% |
Stable Share Price: MERCANBANK has not had significant price volatility in the past 3 months.
Volatility Over Time: MERCANBANK's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1999 | 2,721 | Md. Quamrul Chowdhury | www.mblbd.com |
Mercantile Bank Limited provides various commercial banking services in Bangladesh. Its retail banking products and services include various deposits, such as current deposit, savings bank, special noticed deposit, and fixed deposit accounts, as well as various scheme and school banking deposits; loans comprising education, car, home, house furnishing, cottage, doctors, secured overdraft, and agriculture loans; credit and debit cards; locker services; and online, mobile, and SMS banking services. The company also offers small and medium enterprise financing services comprising term, continuous, short term seasonal, and women entrepreneur's loans, as well as trade financing services.
Mercantile Bank PLC. Fundamentals Summary
| MERCANBANK fundamental statistics | |
|---|---|
| Market cap | ৳12.28b |
| Earnings (TTM) | ৳1.15b |
| Revenue (TTM) | ৳10.51b |
10.6x
P/E Ratio0.5x
P/B RatioIs MERCANBANK overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MERCANBANK income statement (TTM) | |
|---|---|
| Revenue | ৳10.51b |
| Cost of Revenue | ৳0 |
| Gross Profit | ৳10.51b |
| Other Expenses | ৳9.36b |
| Earnings | ৳1.15b |
Last Reported Earnings
Sep 30, 2023
Next Earnings Date
Apr 30, 2024
| Earnings per share (EPS) | 1.04 |
| Gross Margin | 100.00% |
| Net Profit Margin | 10.97% |
| Debt/Equity Ratio | 123.1% |
How did MERCANBANK perform over the long term?
See historical performance and comparisonDividends
8.9%
Current Dividend Yield94%
Payout RatioDoes MERCANBANK pay a reliable dividends?
See MERCANBANK dividend history and benchmarks| Mercantile Bank dividend dates | |
|---|---|
| Ex Dividend Date | May 09 2024 |
| Dividend Pay Date | Jun 30 2024 |
| Days until Ex dividend | 13 days |
| Days until Dividend pay date | 65 days |
Does MERCANBANK pay a reliable dividends?
See MERCANBANK dividend history and benchmarks