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Mercantile Bank Corporation (MBWM) Market Cap & Valuation Ratios

Mercantile Bank Corporation (MBWM) has a market cap of $1.1B, a trailing P/E of 10.7 and a price-to-sales ratio of 4.0, with earnings according to EquiReason's reading of its SEC filings.

Source: SEC EDGAR filings · figures as of 2026-06-30 · read by EquiReason

MBWMMercantile Bank CorporationFollow MBWM — free
Banks - Regional · Financials
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Price chart with a free account
Market cap
1.1B
P/E TTM
10.7
Dividend yield
2.5%
52-week
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Next earnings
18 Jan, in 86 days

Peers

banks - regional · nearest by market cap · trailing 12 months
CompanyMkt cap, $BP/EP/BROEDiv. yieldRev. growth
MBWM1.110.71.4014%2.5%+11%
WAFDP1.14.80.378%7.1%+8%
FSBC1.113.02.2816%2.0%+26%
CFFN1.112.91.038%4.5%+19%
CCNE1.011.31.1512%2.1%+42%
HBNC1.0—1.44-19%3.1%—
BFST1.011.31.0310%1.9%+13%
MCBS1.012.41.8116%2.9%+25%
EGBN1.0—0.89-4%0.6%-0.3%
NBBK1.015.51.207%1.2%+37%
EQBK1.028.41.225%1.5%+10%
Median of these 1012.71.178%2.1%+19%

P/E 10.7 vs. a peer median of 12.7; P/B 1.40 vs. 1.17. MBWM's own P/E sits at the 95th percentile of its history.

Growth vs. price

each dot a company · hover or tap for values
510200%+10%+20%+30%+40%revenue growth, TTM →P/E (log)MBWMWAFDPFSBCCFFNCCNEBFSTMCBSNBBKEQBK

HBNC and EGBN have no P/E (earnings not positive) and are left out · hover or tap a dot for values.

Mercantile Bank Corporation — questions

What is Mercantile Bank Corporation's market cap?
$1.1B.
What is Mercantile Bank Corporation's P/E ratio?
10.7 on trailing twelve-month earnings to 2026-06-30.
What is Mercantile Bank Corporation's price-to-sales ratio?
4.0.

Every figure on this page comes from Mercantile Bank Corporation's own SEC filings — see them on SEC EDGAR. Price data is licensed and shown only inside the product.

How these figures are read: methodology · EquiReason.