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Mercantile Bank Corporation

MBWM Finance Major Banks
$52.74
▲ +1.0% Today
as of Jun 7, 07:20 ET
Last 30 days +1.48% Apr 28 → Jun 05
$49.62 $50.53 $51.43 $52.33 $53.24 Apr 28 May 05 May 13 May 20 May 29 Jun 05
Open
$52.17
High
$53.26
Low
$52.30
Volume
$86,102
Avg Vol
$89,621
Mkt Cap
$913M
P/E (TTM)
12.65
Beta
52w High
$55.77
52w Low
$42.17
Div Yield
Shares Out
$17M

Overview

52-week range
$42
$56
78% of range
Avg surprise (last 1)
+1.7%
Avg reaction (last 1)
+3.5%
100% positive
Latest IV / EM
75%
EM ±10.4% · $55 · Jun 18

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 $1.39Actual $1.46Actual $1.32 JunSepMarJunSepMar/2025JunSepMar
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
Mon Jun 30, 2025Jun 2025 $1.39 financials
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

70%72%75%77%80% Jun 07 — IV 75% · EM ±10.4%

Sector peers

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