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 | 2/6 |
| Future Growth | 2/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 5/6 |
My Notes
Capture your thoughts, links and company narrative
Mercantile Bank Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$46.00 |
| 52 Week High | US$51.50 |
| 52 Week Low | US$31.00 |
| Beta | 1.02 |
| 1 Month Change | 26.37% |
| 3 Month Change | 14.43% |
| 1 Year Change | 30.68% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | 423.38% |
Recent News & Updates
Recent updates
Shareholder Returns
| MCS | DE Banks | DE Market | |
|---|---|---|---|
| 7D | -0.4% | 0.2% | 0.3% |
| 1Y | 30.7% | 29.4% | 12.9% |
Return vs Industry: MCS exceeded the German Banks industry which returned 29% over the past year.
Return vs Market: MCS exceeded the German Market which returned 13.3% over the past year.
Price Volatility
| MCS volatility | |
|---|---|
| MCS Average Weekly Movement | 13.8% |
| Banks Industry Average Movement | 3.1% |
| Market Average Movement | 4.8% |
| 10% most volatile stocks in DE Market | 11.4% |
| 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 has increased from 8% to 14% over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1997 | 668 | 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 | €742.18m |
| Earnings (TTM) | €76.64m |
| Revenue (TTM) | €215.76m |
9.9x
P/E Ratio1.3x
P/B RatioIs MCS overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MCS income statement (TTM) | |
|---|---|
| Revenue | US$224.08m |
| Cost of Revenue | US$0 |
| Gross Profit | US$224.08m |
| Other Expenses | US$144.48m |
| Earnings | US$79.59m |
Last Reported Earnings
Dec 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 4.93 |
| Gross Margin | 100.00% |
| Net Profit Margin | 35.52% |
| Debt/Equity Ratio | 110.9% |
How did MCS perform over the long term?
See historical performance and comparisonDividends
3.0%
Current Dividend Yield29%
Payout RatioDoes MCS pay a reliable dividends?
See MCS dividend history and benchmarks| Mercantile Bank dividend dates | |
|---|---|
| Ex Dividend Date | Mar 07 2025 |
| Dividend Pay Date | Mar 19 2025 |
| Days until Ex dividend | 30 days |
| Days until Dividend pay date | 42 days |
Does MCS pay a reliable dividends?
See MCS dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/04 08:08 |
| End of Day Share Price | 2025/02/04 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
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 Github.
Analyst Sources
Mercantile Bank Corporation is covered by 9 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kevin Reevey | D.A. Davidson & Co. |
| Brendan Nosal | Hovde Group, LLC |
| John Rodis | Janney Montgomery Scott LLC |