BeStock  

Mercantile Bank MBWM

US equityMarket cap rank #3239Banks - Regional
$58.03 −$0.80 (-1.36%)
Pre-market · Oct 8, 8:20 am ET · After hours $58.03 0.00%
Open$58.18
Prev close$58.83
Day range$57.65 – $59.50
Volume111.4K
Market cap$1.00B
P/E (TTM)10.2
Dividend yield2.65%

Earnings

Average move on report day±4.2%last 16 reports
Closed higher10 of 1663% of the time
Best reaction+12.2%
Worst reaction-3.7%

Stock move on the day after each report

+7.4%2023/Q3-1.9%2023/Q4-3.7%2024/Q1+12.1%2024/Q2+2.7%2024/Q3+5.8%2024/Q4+3.5%2025/Q1-1.8%2025/Q2+0.6%2025/Q3+0.8%2025/Q4-3.4%2026/Q1+3.5%2026/Q2
QuarterReport dateTimingImplied moveActual moveVersus implied
2026/Q221 Jul 2026Pre Market±10.1%+3.50%Within range
2026/Q121 Apr 2026Pre Market±10.0%-3.44%Within range
2025/Q420 Jan 2026Pre Market±9.9%+0.78%Within range
2025/Q321 Oct 2025Pre Market±9.5%+0.63%Within range
2025/Q222 Jul 2025Pre Market–-1.83%–
2025/Q122 Apr 2025Pre Market±7.5%+3.50%Within range
2024/Q421 Jan 2025Pre Market±10.2%+5.77%Within range
2024/Q315 Oct 2024Pre Market±10.1%+2.74%Within range
2024/Q216 Jul 2024Pre Market±6.9%+12.06%Bigger than priced
2024/Q116 Apr 2024Pre Market±6.3%-3.72%Within range
2023/Q416 Jan 2024Pre Market±7.3%-1.90%Within range
2023/Q317 Oct 2023Pre Market±6.5%+7.38%Bigger than priced
2023/Q218 Jul 2023Pre Market±18.9%+12.16%Within range
2023/Q118 Apr 2023Pre Market±9.1%-2.51%Within range
2022/Q417 Jan 2023Pre Market–+4.30%–
2022/Q318 Oct 2022None–-1.71%–

"Implied move" is the size of move the options market was pricing ahead of the report. Move is the stock’s change on the first session after the release.

Where the revenue comes from

Quarter 2026/Q1

By business line

  • Mercantile Bank$63.09M 72.4%
  • All other$17.61M 20.2%
  • Eastern Michigan Bank$6.42M 7.4%

Latest reported quarter: Q2, ended Jun 2026

Revenue$68.76M+12.8% YoY
Net profit$25.93M+14.6% YoY
Diluted EPS$1.50+7.9% YoY
Free cash flow$14.94M+247.0% YoY
Operating cash flow$15.27M

Revenue, last 8 quarters

$58.0MSep '24$58.5MDec '24$57.3MMar '25$60.9MJun '25$62.4MSep '25$62.1MDec '25$67.6MMar '26$68.8MJun '26

Net profit, last 8 quarters

$19.6MSep '24$19.6MDec '24$19.5MMar '25$22.6MJun '25$23.8MSep '25$22.8MDec '25$22.7MMar '26$25.9MJun '26

Profitability & balance sheet

Net margin36.5%
Return on equity13.7%
Return on assets1.5%
Liabilities / assets88.9%
Cash & investments$340.93M
Total debt$471.51M
Net cash (debt)-$130.58M
Free cash flow / sales26.1%

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