Mercantile Bank

Mercantile Bank

Banks
Mercantile Bank Corp operates as a bank holding company. It offers various commercial banking services to individuals, businesses, governmental units, and other institutions. These services include deposit products such as checking, savings, and term certificate accounts and lending products such as commercial, residential mortgage, and installment loans. The company generates revenue from interest and dividends earned on loans, securities, and other financial instruments.

$1B

Market Cap • 9/18/2026

1997

(29 years)

Founded

1997

(29 years ago)

IPO

NASDAQ

Listing Exchange

Flag of United States

United States

Country

Valuation

P/B

1,4

P/S

4

P/E

10,6

BVPS

45,1

EPS

5,7

Market Cap

Market Cap

1B

Payout

Dividend Per Share

1,5

Dividend Yield

2,5%

Buyback Yield

-0,1%

Total Yield

2,4%

Dividend Yield 5Y

3%

Payout

26,7%

Retained Earnings

434,8M

Profitability

Gross Margin

Net Margin

35,9%

ROE

13,7%

ROA

Growth

CAGR Revenue 5Y

8,7%

CAGR Net Income 5Y

10,8%

CAGR EPS 5Y

10%

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