Mercantile Bank Corp
NASDAQ:MBWM

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Mercantile Bank Corp

NASDAQ:MBWM

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Price: 43.1 USD -0.51% Market Closed

Market Cap: 699.9m USD

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Mercantile Bank Corp

43.1

-0.22 (-0.51%)

52 Week Range	36.2997 51.79
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Mercantile Bank Corp

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of Mercantile Bank Corp and its key competitors using the latest financial data.

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Relative Value Valuation Multiples Multiples Across Competitors See Also

Section:

Relative Value

Valuation Multiples

Multiples Across Competitors

Relative Value

The Relative Value of one MBWM stock under the Base Case scenario is hidden USD. Compared to the current market price of 43.1 USD, Mercantile Bank Corp is hidden .

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.

Relative Valuation FAQ:

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How is Relative Value calculated?

MBWM Relative Value

HIDDEN

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Worst Case

Base Case

Best Case

Valuation Multiples

P/S

Price to Sales

vs History	12
vs Industry	33

Median 3Y

2.7

Median 5Y

2.6

Industry

2.5

Forward

2.9

More Details

P/E

Price to Earnings

vs History	23
vs Industry	58

Median 3Y

8.4

Median 5Y

8.1

Industry

10.3

Forward

8.6

vs History	28
vs Industry	26

Median 3Y

1.2

Median 5Y

1.1

Industry

0.9

vs History	22
vs Industry	31

Median 3Y

0.1

Median 5Y

0.1

Industry

0.1

More Details

Multiples Across Competitors

MBWM Competitors Multiples
Mercantile Bank Corp Competitors

All Multiples

P/S

P/E

P/B

All Countries

All Countries United States of America United Kingdom Canada New Zealand Germany Bermuda Ireland Luxembourg Austria Italy France Belgium Netherlands Portugal Switzerland Spain Lithuania Estonia Latvia Finland Iceland Sweden Norway Denmark Israel Hong Kong Korea Poland Hungary Philippines Singapore India Japan Pakistan Australia Chile Saudi Arabia Thailand China Indonesia Greece South Africa Vietnam Malaysia Brazil Argentina Mexico Croatia Turkey Taiwan Peru Russia Cyprus Cayman Islands Papua New Guinea Mongolia Guernsey British Virgin Islands Panama Puerto Rico Monaco Colombia Uruguay United Arab Emirates Macao Egypt Bahamas Jersey Anguilla Nicaragua Isle of Man Mauritius Guam Venezuela Czech Republic Malta Liechtenstein Georgia Cambodia Azerbaijan Ukraine French Guiana Martinique Costa Rica Gibraltar Morocco Virgin Islands (U.S.) Faroe Islands Nigeria Bulgaria Slovenia Slovakia Romania Kazakhstan Jordan Kenya Zimbabwe Malawi

Forward Multiples

		Market Cap	P/S	P/E	P/B
US	Mercantile Bank Corp NASDAQ:MBWM	699.8m USD	3	9	1.2
US	PNC Financial Services Group Inc NYSE:PNC	68.6B USD	3.1	12.1	1.2
US	Truist Financial Corp NYSE:TFC	51.1B USD	3.8	11.3	0.8
CN	Bank of Jiangsu Co Ltd SSE:600919	213.6B CNY	2.5	7	0.7
US	M&T Bank Corp NYSE:MTB	29B USD	3.1	11.6	1
US	Fifth Third Bancorp NASDAQ:FITB	25.4B USD	3	11.8	1.2
CN	Bank of Ningbo Co Ltd SZSE:002142	175.7B CNY	2.4	6.6	0.7
US	First Citizens BancShares Inc (Delaware) NASDAQ:FCNCA	24.3B USD	2.5	9.8	1.1
US	Huntington Bancshares Inc NASDAQ:HBAN	22.6B USD	3	11.8	1.1
JP	Resona Holdings Inc TSE:8308	3T JPY	3.1	14.1	1.1
US	Regions Financial Corp NYSE:RF	19.4B USD	2.7	10.2	1

P/S Multiple

			Revenue Growth	P/S to Growth
US	Mercantile Bank Corp NASDAQ:MBWM	Average P/S: 2.9 3	N/A	N/A
US	PNC Financial Services Group Inc NYSE:PNC	3.1	6%	0.5
US	Truist Financial Corp NYSE:TFC	3.8	19%	0.2
CN	Bank of Jiangsu Co Ltd SSE:600919	2.5	5%	0.5
US	M&T Bank Corp NYSE:MTB	3.1	4%	0.8
US	Fifth Third Bancorp NASDAQ:FITB	3	6%	0.5
CN	Bank of Ningbo Co Ltd SZSE:002142	2.4	9%	0.3
US	First Citizens BancShares Inc (Delaware) NASDAQ:FCNCA	2.5	1%	2.5
US	Huntington Bancshares Inc NASDAQ:HBAN	3	6%	0.5
JP	Resona Holdings Inc TSE:8308	3.1	N/A	N/A
US	Regions Financial Corp NYSE:RF	2.7	5%	0.5

P/E Multiple

			Earnings Growth	PEG
US	Mercantile Bank Corp NASDAQ:MBWM	Average P/E: 10.5 9	N/A	N/A
US	PNC Financial Services Group Inc NYSE:PNC	12.1	12%	1
US	Truist Financial Corp NYSE:TFC	11.3	13%	0.9
CN	Bank of Jiangsu Co Ltd SSE:600919	7	N/A	N/A
US	M&T Bank Corp NYSE:MTB	11.6	11%	1.1
US	Fifth Third Bancorp NASDAQ:FITB	11.8	12%	1
CN	Bank of Ningbo Co Ltd SZSE:002142	6.6	10%	0.7
US	First Citizens BancShares Inc (Delaware) NASDAQ:FCNCA	9.8	4%	2.5
US	Huntington Bancshares Inc NASDAQ:HBAN	11.8	12%	1
JP	Resona Holdings Inc TSE:8308	14.1	N/A	N/A
US	Regions Financial Corp NYSE:RF	10.2	12%	0.9

P/B Multiple


US	Mercantile Bank Corp NASDAQ:MBWM	Average P/B: 1 1.2
US	PNC Financial Services Group Inc NYSE:PNC	1.2
US	Truist Financial Corp NYSE:TFC	0.8
CN	Bank of Jiangsu Co Ltd SSE:600919	0.7
US	M&T Bank Corp NYSE:MTB	1
US	Fifth Third Bancorp NASDAQ:FITB	1.2
CN	Bank of Ningbo Co Ltd SZSE:002142	0.7
US	First Citizens BancShares Inc (Delaware) NASDAQ:FCNCA	1.1
US	Huntington Bancshares Inc NASDAQ:HBAN	1.1
JP	Resona Holdings Inc TSE:8308	1.1
US	Regions Financial Corp NYSE:RF	1

	Mercantile Bank Corp NASDAQ:MBWM	43.1 USD -0.51%
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Mercantile Bank Corp
NASDAQ:MBWM

Relative Value

Valuation Multiples

Multiples Across Competitors

MBWM Competitors Multiples
Mercantile Bank Corp Competitors

See Also

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Mercantile Bank Corp NASDAQ:MBWM

Relative Value

Valuation Multiples

Multiples Across Competitors

MBWM Competitors Multiples Mercantile Bank Corp Competitors

See Also

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Mercantile Bank Corp
NASDAQ:MBWM

MBWM Competitors Multiples
Mercantile Bank Corp Competitors