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MBWM
$51.96+0.65 (+1.27%)
Market ClosedLast close May 1
Mercantile Bank Corporation operates as the bank holding company for Mercantile Bank that provides commercial and retail banking services to small- to medium-sized businesses and individuals in the United States.
Historical Price
Price (Candle)
50-Day SMA
200-Day SMA
Whystock Brain
The Narrative
Mercantile Bank Corporation in the Financial Services sector is trading at $51.96. The stock is currently 7% below its 52-week high of $55.77, remaining 8.0% above its 200-day moving average. Technical signals show neutral RSI of 44 and bearish MACD signal, explaining why MBWM maintains its current momentum and trend strength. The Whystock Score of 70/100 reflects a high-conviction bullish alignment.
Ecosystem Influences
Neutral momentum (RSI 44) — price action in range
Long-term trend bullish (Price vs 200-day SMA)
Macro-economic sensitivity to interest rate and inflation shifts
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Peer Comparison
JPMBACGS
Whystock Valuation Model
Whystock fair value is estimated using a trailing P/E model adjusted for return on equity: Fair P/E = 18 + (ROE × 20). Fair Value = (Current Price ÷ Trailing P/E) × Fair P/E. A base P/E of 18 represents a typical market multiple, scaled upward for companies that earn high returns on equity. The result is a theoretical "normalised" price — not a price target or investment advice. Large deviations are common for high-growth or loss-making companies.
Current Price$51.96
Potential Upside
123.3%
Whystock Fair Value$116.05
Price
UndervaluedFair ValueOvervalued
Simplified model based on P/E and ROE. Not a substitute for full valuation analysis. Data may be delayed. See our Terms.
Analyst Consensus6 analysts
Buy
Mean target$59.33+14.2%
Range$57.00 – $62.00
Fundamentals
Mercantile Bank Corporation operates as the bank holding company for Mercantile Bank that provides commercial and retail banking services to small- to medium-sized businesses and individuals in the United States. The company accepts various deposit p...
Market Cap
Total dollar market value of a company's outstanding shares of stock (Price * Shares).
$875.46M
P/E Ratio
Value territory. Trading at a high yield relative to earnings.
9.08
Beta
Defensive asset. Lower volatility than the S&P 500.
0.87
Div Yield
Strong income play. Yield provides a meaningful total return floor.
309.00%
ROE
Average efficiency. Growth may require heavy reinvestment.
11.42%
Volume
Today's trading volume
130,640
Recent News
Top Dividend Stocks To Consider In May 2026
The United States market has remained flat over the past week, yet it has experienced a significant 29% rise over the last 12 months, with earnings projected to grow by 16% annually in the coming years. In this context, dividend stocks can be appealing as they offer potential income stability and growth opportunities amidst fluctuating market conditions.
Mercantile Bank Corp (MBWM) Q1 2026 Earnings Call Highlights: Strong Revenue and Deposit Growth ...
Mercantile Bank Corp (MBWM) reports robust financial performance with significant revenue and deposit growth, despite facing challenges in loan growth and increased expenses.
Mercantile Bank (MBWM) Q1 2026 Earnings Transcript
The consummation of the purchase of Eastern Michigan on December 31, 2025, represents execution of our strategic objectives around deposit growth, loan growth and margin stability paired with strong asset quality and overall financial performance. Over the last 5 quarters, the SOFR 90-day average rate has dropped 67 basis points while our margin increased by 8 basis points to 3.55%.
Mercantile Bank Corporation Q1 2026 Earnings Call Summary
Moby summary of Mercantile Bank Corporation's Q1 2026 earnings call
Mercantile Bank Q1 Earnings Call Highlights
Mercantile Bank (NASDAQ:MBWM) reported higher first-quarter 2026 earnings, with management emphasizing margin stability, strong asset quality, and progress integrating Eastern Michigan Financial Corporation, which it acquired at the end of 2025. First-quarter earnings rise, helped by higher net int