Mercantile Bank Corp
NASDAQ:MBWM
Relative Value
The Relative Value of one
MBWM
stock under the Base Case scenario is
48.54
USD.
Compared to the current market price of 54.8 USD,
Mercantile Bank Corp
is
Overvalued by 11%.
Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.
Multiples Across Competitors
MBWM Competitors Multiples
Mercantile Bank Corp Competitors
| Market Cap | P/S | P/E | P/B | ||||
|---|---|---|---|---|---|---|---|
| US |
|
Mercantile Bank Corp
NASDAQ:MBWM
|
941.5m USD | 3.9 | 10.6 | 1.3 | |
| US |
|
PNC Financial Services Group Inc
NYSE:PNC
|
93.6B USD | 4.1 | 14.2 | 1.6 | |
| US |
|
Truist Financial Corp
NYSE:TFC
|
69.4B USD | 3.4 | 14 | 1.1 | |
| US |
|
Fifth Third Bancorp
NASDAQ:FITB
|
35.4B USD | 3.9 | 15 | 1.6 | |
| US |
|
M&T Bank Corp
NYSE:MTB
|
35.4B USD | 3.7 | 13.2 | 1.2 | |
| CN |
|
Bank of Ningbo Co Ltd
SZSE:002142
|
216.3B CNY | 2.8 | 7.7 | 0.9 | |
| US |
|
Huntington Bancshares Inc
NASDAQ:HBAN
|
29.7B USD | 3.6 | 14.2 | 1.2 | |
| JP |
|
Resona Holdings Inc
TSE:8308
|
4.5T JPY | 4.3 | 18.5 | 1.6 | |
| US |
|
Citizens Financial Group Inc
NYSE:CFG
|
28.5B USD | 3.4 | 16.8 | 1.1 | |
| CN |
|
Bank of Jiangsu Co Ltd
SSE:600919
|
186.8B CNY | 2.1 | 6 | 0.6 | |
| US |
|
First Citizens BancShares Inc (Delaware)
NASDAQ:FCNCA
|
26.5B USD | 2.8 | 12.5 | 1.2 |