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Price / earnings at other companies

Fifth Third Bank logo
Fifth Third BankFITB
19.4×+8.1×
Huntington Bancshares logo
Huntington BancsharesHBAN
14.4×+3.7×
First Merchants Corporation logo
First Merchants CorporationFRME
12.3×+1.0×
Stock Yards Bancorp logo
Stock Yards BancorpSYBT
13.6×-3.1×
Amerant Bancorp logo
Amerant BancorpAMTB
15.2×
Shore Bancshares logo
Shore BancsharesSHBI
9.9×+0.8×

Other financials

Income statement

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Revenue$67.6M+18.1%
Net income$22.7M+16.1%
EPS (diluted)$1.32+9.1%

Cash flow

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Operating cash flow$28.3M+1,051%
CapEx$938.0K-39.0%
Free cash flow$27.4M+706%

Valuation

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Market cap$963.74M+35.3%
P/S3.8×+0.7×

Profitability

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Net margin36.3%+2.7pp
FCF margin17%

Returns & leverage

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Return on equity8.6%
Debt / equity

Where this comes from

Calculated from Mercantile Bank Corporation’s reported figures.

Based on the most recent quarter.

The official record: Mercantile Bank Corporation’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Mercantile Bank Corporation's price / earnings?
Mercantile Bank Corporation (MBWM) reported price / earnings of 9.5× in Q1 2026.
How has Mercantile Bank Corporation's price / earnings changed year-over-year?
Mercantile Bank Corporation's price / earnings increased by 4.4% year-over-year, from 9.1× to 9.5×.
What is the long-term trend for Mercantile Bank Corporation's price / earnings?
Over 5 years (2020 to 2025), Mercantile Bank Corporation's price / earnings has grown at a -1.8% compound annual growth rate (CAGR), from 9.6× to 8.8×.
What does price / earnings mean?
Market capitalization at the quarter end divided by trailing-twelve-month net income. The price the market pays for each dollar of trailing earnings.