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MBWM · Mercantile Bank Corp

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$59.36 -0.14 (-0.24%)
Market Cap
$1.04B
Shares
17.29M
Volume · Oct 5 35.69K Avg daily vol (3M) 118.76K

Price & Indicators

Drag to pan · scroll to zoom
20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$59.50 Open$59.34 Day$58.99–60.05 52W close$43.14–62.14 Avg vol 30d109K Short int596K · 3.4% float · 5.2d Short vol66% Last earningsOct 20, 2026 DataJan 2020–Oct 2026 Filing10-Q · Jul 31

Up next

Next earnings release
Oct 20, 2026 Announced · in 2 wks
Next earnings call
Oct 20, 2026 Scheduled · in 2 wks
filed Jul 31, 2026
call held Apr 21, 2026

Metrics snapshot

Useful current figures from the complete screener profile.

Revenue (TTM)
$260.81M
Trailing 12 months
Net income (TTM)
$95.21M
Trailing 12 months
Revenue growth YoY
+12.8%
Year over year
Operating margin
—
Trailing 12 months
P / E (TTM)
10.5
Trailing earnings · reciprocal yield 9.6%
FCF yield
—
TTM · current market cap
Return on invested capital
—
Trailing 12 months
Net cash
$114.78M
Latest balance sheet
Dividend yield
—
Trailing 12 months
Shares change YoY
+6.4%
Year over year · more shares
Price change (1Y)
+33.3%
Trailing year
Short interest
3.4%
Latest settlement · 5.2 days to cover
View all 115 metrics

Equibles Rating

blended score · not investment advice
Overall
Buy
SellHoldBuy
Technical Neutral Momentum Strong Sentiment Neutral Fundamentals Excellent Quant / Vol Very Low
Market backdrop VIX 15.3 · calm Equity put/call 0.58
Technical
price trend
Neutral
50 / 200-day cross No cross
Price vs 200-day avg +9%
above
Price vs 50-day avg −1%
below
RSI (14) 48
neutral
MACD trend Negative
52-week position 86%
near high
Volume (OBV) Confirms
volume backs price
Momentum
relative strength
Strong
1-month return −4%
trailing
6-month return +12%
trailing
YTD return +24%
this year
Relative strength −1%
vs S&P · 6-mo
Sentiment
smart money
Neutral
Trend (MA cross) No cross
50d $60 › 200d $54 — 50d above 200d
Institutional flow Flat
1 of 206 funds reported for Sep 30 · net 0 sh shares
Insider flow Flat
No net insider activity over 90 days
Short interest Rising
3.45% of float · ▲ +14.7% MoM · 5.2 days cover
Volume signal Normal
Volume near normal
Institution breadth Multi-yr high
206 holders — near 3-yr high, broad support
Squeeze score 65
elevated · 0–100
Fundamentals
Excellent
EPS growth +11%
Y/Y
Valuation P/E 10.6
below peers
Buyback $6.8M
remaining
Quant / Vol
risk profile
Very Low
Volatility 25%
annualized · 1-yr
Max drawdown −11%
past year
ATR 2.1%
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
the remainder of 2026
Loan growth 5% – 7%
Federal tax rate 17%
at the end of the year
Federal Reserve balance / excess liquidity at least $200M

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

Technicals

trend & momentum for long-term holders Neutral
1 · 4 · 2
50 / 200-day cross
No cross Neutral
Price vs 200-day avg
+9% Bullish
Price vs 50-day avg
−1% Neutral
RSI (14)
48 Neutral
MACD trend
Negative Bearish
52-week position
86% Bullish
Volume (OBV)
Confirms Neutral
Market signals — smart money & positioning
Mixed
Trend (MA cross) No cross
50d $60 › 200d $54 — 50d above 200d
Institutional flow Flat
1 of 206 funds reported for Sep 30 · net 0 sh shares
Insider flow Flat
No net insider activity over 90 days
Short interest Rising
3.45% of float · ▲ +14.7% MoM · 5.2 days cover
Volume signal Normal
Volume near normal
Institution breadth Multi-yr high
206 holders — near 3-yr high, broad support
Price context
position in its 52-week range
Range low $43 Now $60 · 86% Range high $62
vs 200-day avg +9% vs 50-day avg -1%

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

Key metrics

Earlier KPI extraction records exist, but do not meet the current evidence-completeness requirements. No current verified series is available. Earlier figures remain withheld until revalidated; this is not evidence that the company reports no KPIs.

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
$1.04B +23.7% — 10.6 3.4%
MFG
Mizuho Financial Group Inc
$133.98B +48.8% — — 0.1%
HDB
Hdfc Bank Ltd
$118.26B -38.9% -3.2% — 0.7%
CIXPF
CaixaBank/ADR
$103.83B +26.7% — — 0.1%
IBN
Icici Bank Ltd
$100.21B -7.9% — — 0.6%

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
Holders
206
% held
69.6%
Reported
1 of 206
Top holder
BlackRock, Inc.
Held Float
View
Held by Funds
Fund positions
217
View
Short & Settlement
Short Interest Rising
Shares short
595.6K
Days to cover
5.2d
Change
+76.1K sh
View
Short Volume
Short vol %
66%
As of
Oct 2, 2026
Short Total
View
Fails to Deliver
FTD shares
600
Value
$36.6K
As of
Sep 3, 2026
View
Off-Exchange
Off-exchange %
34.1%
Week of
Aug 31, 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
8-K
Filed
Sep 25, 2026
This year
11
View
Exempt Offerings
Offering
$90.0M
Filed
Jan 31, 2022
View
Earnings & Events
Webcasts Upcoming
Next webcast
Oct 20, 2026
Last webcast
Jul 21, 2026
View
Investor Relations
Latest news
Mercantile Bank Corporation Annou…
Published
Sep 30, 2026
Upcoming events
1
View

Performance

5D 20D 120D MTD YTD
MBWM -0.9% -3.6% +11.7% +2.0% +23.7%
SPY -0.2% -0.5% +12.2% +0.9% +12.9%
vs SPY -0.7% -3.2% -0.5% +1.1% +10.8%

Capital returns

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) 5 filings 5 filers Visit website Investor relations