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Mercantile Bank Corporation (MBWM) Stock Grade

MBWM · Financial Services

A-
Grade updated: September 29, 2026
Computed by the GradeMyInvestments scoring model from revenue growth, profitability, balance-sheet strength, and analyst targets.
Market Cap
$1.0B
P/E Ratio
8.8
Revenue Growth (YoY)
+2.7%
Net Margin
23.9%
Return on Equity
12.2%
Dividend Yield
3.3%

About Mercantile Bank Corporation's fundamentals

Mercantile Bank Corporation is a regional bank with a market capitalization of $1.0 billion, trading at a P/E ratio of 8.8 with revenue growing at 2.7% year-over-year. The company demonstrates solid profitability with a net margin of 23.9% and generates a 12.2% return on equity, indicating efficient use of shareholder capital. The bank also returns capital to shareholders through a 3.3% dividend yield.

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