
Mercantile Bank Corp
NASDAQ:MBWM

Intrinsic Value
The intrinsic value of one
MBWM
stock under the Base Case scenario is
57.54
USD.
Compared to the current market price of 43.52 USD,
Mercantile Bank Corp
is
Undervalued by 24%.
The Intrinsic Value is calculated as the average of DCF and Relative values:

Valuation History
Mercantile Bank Corp
Fundamental Analysis


Balance Sheet Decomposition
Mercantile Bank Corp
Net Loans | 4.6B |
Investments | 1.2B |
PP&E | 53.7m |
Intangibles | 49.5m |
Other Assets | 297.6m |
Wall St
Price Targets
MBWM Price Targets Summary
Mercantile Bank Corp
According to Wall Street analysts, the average 1-year price target for
MBWM
is 50.11 USD
with a low forecast of 47.47 USD and a high forecast of 55.65 USD.
Dividends
Current shareholder yield for MBWM is
.
Shareholder yield represents the total return a company provides to its shareholders, calculated as the sum of dividend yield, buyback yield, and debt paydown yield. What is shareholder yield?
The intrinsic value of one
MBWM
stock under the Base Case scenario is
57.54
USD.
Compared to the current market price of 43.52 USD,
Mercantile Bank Corp
is
Undervalued by 24%.