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MERCANTILE BANK CORP MBWM

Nasdaq · XNAS · stock · State Commercial Banks · website · IPO 1997-10-24

MERCANTILE BANK CORP statistics & valuation

Market cap$986.2M
P / E11.1×
P / B1.4×

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else is from filings.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021
Return on assets1.3%1.3%1.5%1.3%1.1%
Return on equity12.2%13.6%15.7%13.8%12.9%

Source: SEC EDGAR filings · CIK 0001042729 · as of 2025-12-31. Facts from filings plus Stocktoria's own computed scores — not investment advice.