MBWM$50.46
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Powered by LiveAIOverall Analysis
BuyMercantile Bank Corporation shows solid fundamental performance with consistent profitability and a healthy balance sheet. Thematic tailwinds are moderate, and technical indicators present a mixed but generally positive outlook, suggesting a good buying opportunity for investors seeking stability and income.
Thematic
Mercantile Bank Corporation operates in the stable banking sector, benefiting from general economic growth but lacking strong exposure to high-growth disruptive themes. Its focus on community banking provides a stable, albeit slower, growth trajectory.
Fundamental
Mercantile Bank Corporation demonstrates strong profitability, efficient operations, and a robust balance sheet. Its valuation is reasonable, and consistent earnings per share growth, coupled with a good dividend yield, underscore its financial health.
Technical
The stock shows a generally bullish technical picture, trading above key moving averages. While some short-term oscillators suggest neutrality to slight caution, the overall trend remains positive, indicating potential for further upward movement.
| Factor | Score |
|---|---|
| Digital Transformation in Banking | 60 |
| Interest Rate Sensitivity | 70 |
| 75 | |
| Regulatory Landscape | 60 |
| Dividend Growth & Stability | 70 |
| Factor | Score |
|---|---|
| Valuation | 75 |
| Profitability | 90 |
| Growth | 50 |
| Balance Sheet Health | 80 |
| Cash Flow | 85 |
| Factor | Score |
|---|---|
| Trend Analysis | 80 |
| Momentum | 70 |
| Volume Confirmation | 75 |
| Support & Resistance | 70 |
AI Investing Checklist
Powered by LiveAIBullish Points (7)
Consistent EPS Beats
The company has consistently beaten earnings per share (EPS) estimates for the past several quarters, with recent surprises of 17.18% and 15.04% in Q2 2024 and Q3 2023 respectively, indicating strong operational execution.
Undervalued Relative to Earnings
The Price-to-Earnings (P/E) ratio of 10.13 is significantly lower than the industry average, suggesting the stock may be undervalued considering its earnings power.
Bearish Points (7)
High Price-to-Sales Ratio
The trailing Price-to-Sales (P/S) ratio of 4.5 is relatively high, which might indicate that the stock is priced expensively compared to its revenue generation.
Short-Term Moving Average Sell Signals
Several short-term moving averages (10-day, 20-day, 30-day EMAs and SMAs) are showing 'Sell' signals, suggesting potential near-term downward pressure on the stock price.
Calendar
June 2025
6
Ex-Dividend Date
June 2025
18
Next Dividend Date
July 2025
22
Next Earnings Date
H: $1.31
A: $1.25
L: $1.23
H: 60.30M
A: 60.02M
L: 59.59M
Profile
Mercantile Bank Corporation operates as the bank holding company for Mercantile Bank that provides commercial and retail banking services to small- to medium-sized businesses and individuals in the United States. The company accepts various deposit products, such as checking, savings, and term certificate accounts; time deposits; and certificates of deposit. It also provides commercial and industrial loans; vacant land, land development, and residential construction loans; owner and non-owner occupied real estate loans; multi-family and residential rental property loans; single-family residential real estate loans; home equity line of credit programs; consumer loans, such as new and used automobile and boat loans, and credit cards, as well as overdraft protection services; and residential mortgage and instalment loans. In addition, the company offers courier services and safe deposit boxes; and insurance products, such as private passenger automobile, homeowners, personal inland marine, boat owners, recreational vehicle, dwelling fire, umbrella policies, small business, and life insurance products. The company was incorporated in 1997 and is headquartered in Grand Rapids, Michigan.
Seasonals
Price Target
50.12 USD
The 39 analysts offering 1 year price forecasts for MBWM have a max estimate of 53.00 and a min estimate of 47.50.
Debt Level and Coverage
Financial Position Analysis
Ownership
Capital Structure
Valuation - Summary
Valuation - Ratios
Revenue to Profit Conversion
Balance Sheet
Income Statement
Cash Flow
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