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Mercantile Bank Corporation

MBWM Finance Major Banks
$57.80
Today
as of Jul 22, 16:51 ET
Last 30 days +4.71% Jun 12 → Jul 22
$52.75 $54.61 $56.47 $58.33 $60.19 Jun 12 Jun 22 Jun 29 Jul 08 Jul 15 Jul 22
Open
$52.17
High
$53.26
Low
$52.30
Volume
$86,102
Avg Vol
$89,621
Mkt Cap
$998M
P/E (TTM)
12.65
Beta
52w High
$55.77
52w Low
$42.17
Div Yield
Shares Out
$17M

Recent Press Releases & News last 60 days · 18 items

▸ Show all 18 press releases & news Free account →

Overview

52-week range
$42
$56
100% of range
Avg surprise (last 2)
+7.3%
Avg reaction (last 2)
+0.8%
50% positive
Latest IV / EM
39%
EM ±9.0% · $60 · Aug 21

Earnings trends

EPS — actual vs estimate Actual Estimate
$1.17$1.24$1.31$1.39$1.46 Actual $1.27Actual $1.30Actual $1.34Actual $1.17Actual $1.22Actual $1.21Est $1.19Actual $1.39Est $1.23Actual $1.46Actual $1.32 JunSepMarJunSepMar/2025Jun/2025SepMar
Revenue vs Net Income Revenue Net income
$0$6M$12M$19M$25M Jun 24Sep 24Mar 25Jun 25Sep 25Mar 26

Earnings history

DatePeriodActual EPSEstSurpriseYoY %ΔDay reactSource
Tue Mar 31, 2026Mar 2026 $1.32 financials
Tue Sep 30, 2025Sep 2025 $1.46 financials
Tue Jul 22, 2025Jun/2025 $1.39 $1.23 +13.0% -1.8% earnings
Tue Apr 22, 2025Mar/2025 $1.21 $1.19 +1.7% +3.5% earnings
Mon Sep 30, 2024Sep 2024 $1.22 financials
Sun Jun 30, 2024Jun 2024 $1.17 financials
Sun Mar 31, 2024Mar 2024 $1.34 financials
Sat Sep 30, 2023Sep 2023 $1.30 financials
Fri Jun 30, 2023Jun 2023 $1.27 financials

Financials

Income statement (quarterly)

MetricMar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024
Revenue
Cost of revenue
Gross profit
Operating income
Net income$23M$24M$23M$20M$20M$19M
EPS (diluted)$1.32$1.46$1.39$1.21$1.22$1.17

Balance sheet (quarterly)

MetricMar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024
Cash & equivalents
Inventory
Total current assets
Total assets$6.95B$6.84B$6.31B$6.18B$6.14B$6.05B$5.92B$5.60B
Long-term debt
Total liabilities$6.21B$6.11B$5.65B$5.55B$5.53B$5.47B$5.33B$5.05B
Total equity$737M$725M$658M$632M$608M$585M$583M$551M

Implied volatility — last 90 days

34%81%128%175%222% Jun 07 — IV 75% · EM ±10.4%Jun 08 — IV 73% · EM ±9.6%Jun 09 — IV 73% · EM ±9.2%Jun 10 — IV 77% · EM ±9.1%Jun 17 — IV 223% · EM ±9.3%Jun 19 — IV 35% · EM ±7.6%Jun 22 — IV 44% · EM ±9.2%Jun 23 — IV 45% · EM ±9.1%Jun 24 — IV 45% · EM ±8.9%Jun 25 — IV 46% · EM ±8.9%Jun 26 — IV 47% · EM ±9.1%Jun 29 — IV 49% · EM ±8.7%Jun 30 — IV 53% · EM ±9.2%Jul 01 — IV 52% · EM ±8.7%Jul 02 — IV 53% · EM ±8.6%Jul 03 — IV 55% · EM ±8.6%Jul 06 — IV 67% · EM ±9.3%Jul 07 — IV 86% · EM ±11.3%Jul 08 — IV 74% · EM ±9.3%Jul 09 — IV 75% · EM ±8.8%Jul 10 — IV 84% · EM ±9.3%Jul 13 — IV 113% · EM ±9.4%Jul 14 — IV 131% · EM ±9.5%Jul 15 — IV 155% · EM ±9.2%Jul 20 — IV 43% · EM ±10.2%Jul 21 — IV 36% · EM ±8.3%Jul 22 — IV 39% · EM ±9.0%

Sector peers

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