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$61.33 -0.65 (-1.05%) At close · Aug 6
Market Cap
$1.06B
Shares
17.29M

Price & Indicators

20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$61.33 Open$62.09 Day$61.05–62.35 52W$41.78–62.39 Avg vol 30d151K Short int426K · 2.5% float · 4.1d Short vol55% Last earningsJul 21, 2026 DataJan 2020–Aug 2026 Filing10-Q · Jul 31

Up next

Next earnings call
Oct 20, 2026 Est · unconfirmed · in 11 wks
FQ3-26 quarter ends
~Sep 30, 2026 Est
filed Jul 31, 2026

AI Brief

TL;DR.

Bullish
    Bearish

      AI-generated from the earnings call and 8-K · may contain errors · not investment advice

      Ask ALVIS about this →

      Equibles Rating

      blended score · not investment advice
      Overall
      Strong Buy
      SellHoldBuy
      Technical Strong Buy Momentum Very Strong Sentiment Bullish Fundamentals Excellent Quant / Vol Low
      Market backdrop VIX 15.2 · calm Equity put/call 0.60
      Technical
      price trend
      Strong Buy
      50 / 200-day cross No cross
      Price vs 200-day avg +19%
      above
      Price vs 50-day avg +9%
      above
      RSI (14) 64
      neutral
      MACD trend Positive
      52-week position 95%
      near high
      Volume (OBV) Confirms
      volume backs price
      Momentum
      relative strength
      Very Strong
      1-month return +8%
      trailing
      6-month return +16%
      trailing
      YTD return +29%
      this year
      Relative strength +3%
      vs S&P · 6-mo
      Sentiment
      smart money
      Bullish
      Trend (MA cross) No cross
      50d $56 › 200d $51 — 50d above 200d
      Institutional flow Accumulating
      71 of 199 funds reported for Jun 30 · net +72.1K sh shares · +14 new
      Insider flow Flat
      No net insider activity over 90 days
      Short interest Falling
      2.46% of float · ▼ -6.9% MoM · 4.1 days cover
      Volume signal Normal
      Volume near normal
      Institution breadth Multi-yr high
      199 holders — near 3-yr high, broad support
      Squeeze score 48
      elevated · 0–100
      Fundamentals
      Excellent
      EPS growth +11%
      Y/Y
      Valuation P/E 10.8
      below peers
      Buyback $6.8M
      remaining
      Balance sheet $136.0M
      net cash
      Quant / Vol
      risk profile
      Low
      Volatility 26%
      annualized · 1-yr
      Max drawdown −13%
      past year
      ATR 2.9%
      of price · 14-day

      Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

      Guidance & track record

      Latest guidance · from the Earnings Call filed Mar 31, 2026
      Loan growth · remainder of 2026 Initiated 5% – 7%
      Federal tax rate · remainder of 2026 Initiated 17%

      Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

      Technicals

      trend & momentum for long-term holders Strong Buy
      0 · 3 · 4
      50 / 200-day cross
      No cross Neutral
      Price vs 200-day avg
      +19% Bullish
      Price vs 50-day avg
      +9% Bullish
      RSI (14)
      64 Neutral
      MACD trend
      Positive Bullish
      52-week position
      95% Bullish
      Volume (OBV)
      Confirms Neutral
      Market signals — smart money & positioning
      Bullish · 3 of 6
      Trend (MA cross) No cross
      50d $56 › 200d $51 — 50d above 200d
      Institutional flow Accumulating
      71 of 199 funds reported for Jun 30 · net +72.1K sh shares · +14 new
      Insider flow Flat
      No net insider activity over 90 days
      Short interest Falling
      2.46% of float · ▼ -6.9% MoM · 4.1 days cover
      Volume signal Normal
      Volume near normal
      Institution breadth Multi-yr high
      199 holders — near 3-yr high, broad support
      Price context
      position in its 52-week range
      52-wk low $42 Now $61 · 95% 52-wk high $62
      vs 200-day avg +19% vs 50-day avg +9%

      Illustrative technical + ownership context — a signal mix, not investment advice.

      Key metrics

      the company's own KPIs, from its earnings releases, calls, and filings
      Metric Latest Period YoY
      Efficiency ratio 56.03% Full-Year 2025
      Full-time equivalent employees 770 as of December 31, 2025
      Loan-to-deposit ratio 95% as of December 31, 2025
      Net interest margin (fully tax-equivalent) 3.47% Full-Year 2025
      Return on average assets 1.4% Full-year 2025
      Return on average equity 14.1% Full-year 2025
      Tangible book value per common share $36.78 as of December 31, 2025

      Figures exactly as the company stated them · click a metric with a to chart its history · period links open the stating document · "call" marks figures stated on the earnings call, "filing" figures stated in the 10-K/10-Q · YoY needs the prior-year figure on file

      Versus peers

      Banks - Regional — same industry group
      Open screener →
      Company Mkt cap YTD Rev growth Y/Y P/E Short % shares
      MBWM
      Mercantile Bank Corp
      this stock
      $1.06B +29.4% 10.8 2.5%
      MFG
      Mizuho Financial Group Inc
      $130.23B +46.0% 0.1%
      HDB
      Hdfc Bank Ltd
      $122.06B -34.9% +15.2% 0.4%
      IBN
      Icici Bank Ltd
      $109.32B +3.1% 0.6%
      PNC
      Pnc Financial Services Group, Inc.
      $100.84B +23.9% +7.2% 13.9 1.7%

      Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

      At a glance

      key data from every section
      Ownership
      Institutional Holders Accumulating
      Holders
      206
      % held
      66.5%
      Reported
      71 of 199
      Top holder
      BlackRock, Inc.
      Held Float
      View
      Held by Funds
      Fund positions
      217
      View
      Short & Settlement
      Short Interest Falling
      Shares short
      425.9K
      Days to cover
      4.1d
      Change
      -31.5K sh
      View
      Short Volume
      Short vol %
      55%
      As of
      Aug 6, 2026
      Short Total
      View
      Fails to Deliver
      FTD shares
      1
      Value
      $57
      As of
      Jun 30, 2026
      View
      Off-Exchange
      Off-exchange %
      35.8%
      Week of
      Jun 29, 2026
      Off-exch Lit
      View
      Financials
      Financials
      Net income (FY)
      $88.8M
      EPS diluted
      $5.47
      View
      Buybacks
      Authorized
      $20.0M
      Remaining
      $6.8M
      Spent Remaining
      View
      Filings
      SEC Filings
      Latest
      10-Q
      Filed
      Jul 31, 2026
      This year
      10
      View
      Exempt Offerings
      Offering
      $90.0M
      Filed
      Jan 31, 2022
      View
      Earnings & Events
      Earnings Calls
      Last call
      Jul 21, 2026
      View
      Investor Relations
      Latest news
      Mercantile Bank Corporation Annou…
      Published
      Jul 21, 2026
      View

      Performance

      5D 20D 120D MTD YTD
      MBWM +2.7% +8.4% +15.8% +2.1% +29.4%
      SPY +3.6% +2.2% +12.8% +2.9% +12.7%
      vs SPY -0.9% +6.1% +3.0% -0.8% +16.7%

      Capital returns

      Latest dividend
      $0.39 / share · ex Jun 5, 2026
      Raised 2.6%
      Paid (TTM)
      $1.54 / share · 4 payouts
      Dividend yield (TTM, derived)
      2.51%
      Buyback program · as of Jun 30, 2026
      Authorized
      $20.00M
      Spent (derived)
      $13.20M
      Remaining
      $6.80M
      Spent Remaining

      Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.

      Key facts CIK 1042729 CUSIP 587376104 13F (30d) 61 filings 60 filers Visit website Investor relations