MCS Stock Overview
Operates as the bank holding company for Mercantile Bank of Michigan that provides commercial and retail banking services to small- to medium-sized businesses and individuals in the United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 5/6 |
Rewards
Risk Analysis
Mercantile Bank Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$43.20 |
| 52 Week High | US$47.20 |
| 52 Week Low | US$31.00 |
| Beta | 0.97 |
| 11 Month Change | 9.09% |
| 3 Month Change | 12.50% |
| 1 Year Change | 36.71% |
| 33 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | 391.52% |
Recent News & Updates
Recent updates
Shareholder Returns
| MCS | DE Banks | DE Market | |
|---|---|---|---|
| 7D | -7.3% | -0.6% | -1.3% |
| 1Y | 36.7% | 21.8% | 7.4% |
Return vs Industry: MCS exceeded the German Banks industry which returned 22.2% over the past year.
Return vs Market: MCS exceeded the German Market which returned 7.1% over the past year.
Price Volatility
| MCS volatility | |
|---|---|
| MCS Average Weekly Movement | 7.3% |
| Banks Industry Average Movement | 3.0% |
| Market Average Movement | 4.8% |
| 10% most volatile stocks in DE Market | 10.8% |
| 10% least volatile stocks in DE Market | 2.4% |
Stable Share Price: MCS's share price has been volatile over the past 3 months compared to the German market.
Volatility Over Time: MCS's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of German stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1997 | 648 | Ray Reitsma | www.mercbank.com |
Mercantile Bank Corporation operates as the bank holding company for Mercantile Bank of Michigan that provides commercial and retail banking services to small- to medium-sized businesses and individuals in the United States. It accepts various deposit products, including checking, savings, and term certificate accounts; time deposits; and certificates of deposit. The company 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; and 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.
Mercantile Bank Corporation Fundamentals Summary
| MCS fundamental statistics | |
|---|---|
| Market cap | €744.25m |
| Earnings (TTM) | €76.32m |
| Revenue (TTM) | €211.97m |
9.9x
P/E Ratio1.4x
P/B RatioIs MCS overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MCS income statement (TTM) | |
|---|---|
| Revenue | US$222.19m |
| Cost of Revenue | US$0 |
| Gross Profit | US$222.19m |
| Other Expenses | US$142.19m |
| Earnings | US$80.00m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 4.96 |
| Gross Margin | 100.00% |
| Net Profit Margin | 36.00% |
| Debt/Equity Ratio | 138.5% |
How did MCS perform over the long term?
See historical performance and comparisonDividends
2.9%
Current Dividend Yield28%
Payout RatioDoes MCS pay a reliable dividends?
See MCS dividend history and benchmarks| Mercantile Bank dividend dates | |
|---|---|
| Ex Dividend Date | Dec 06 2024 |
| Dividend Pay Date | Dec 18 2024 |
| Days until Ex dividend | 14 days |
| Days until Dividend pay date | 26 days |
Does MCS pay a reliable dividends?
See MCS dividend history and benchmarks