Stock Research: Mercantile Bank

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Mercantile Bank

NSQ:MBWM US5873761044
75
  • Value
    50
  • Growth
    77
  • Safety
    Safety
    31
  • Combined
    56
  • Sentiment
    87
  • 360° View
    360° View
    75
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Company Description

Mercantile Bank Corporation, through its subsidiary, provides commercial and retail banking services. The company operates within the banking industry, offering loans, deposit transactions, and insurance products. Mercantile Bank's operations are centered around the West and Central portions of Michigan, with offices in metropolitan Detroit, Traverse City, Petoskey, Saginaw, and Midland. In the last fiscal year, the company had a market cap of $778 million and 648 employees. The profit and revenue are not available.

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ANALYSIS: With an Obermatt 360° View of 75 (better than 75% compared with alternatives) for 2026, overall professional sentiment and financial characteristics for the stock Mercantile Bank are very positive. The 360° View is based on consolidating four consolidated indicators, with all but one indicator above average for Mercantile Bank. The consolidated Value Rank has an attractive rank of 50, which means that the share price of Mercantile Bank is on the lower side compared with the typical size in indicators such as revenues, profits, and invested capital. This means the stock price is lower than for 50% of alternative stocks in the same industry. The consolidated Growth Rank has a good rank of 77, which means that the company experiences above-average growth momentum when looking at financial metrics such as revenue, profit, and invested capital growth, as well as stock returns. In addition, professional market sentiment is above average compared with other stock investment alternatives with a Sentiment Rank of 87. But the company’s financing is risky with a Safety rank of 31. This means 69% of comparable companies have a safer financing structure than Mercantile Bank. ...read more

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The higher the 360° View, the better the stock performed against its peers, considering all metrics. The 360° View represents an average of the other 5 ranks and is then scaled to a rank from 1 to 100. The shaded values are illustrative only.
Last update: 13-Mar-2026.

Make Sense of the Ranks

The higher, the better. For every stock, we judge its performance against its peers and rank it on a scale of 1 to 100. These ranks are percentiles: a rank of 75 means the company outperforms 75% of its peers in that specific area. The higher the rank, the better the stock stacks up against its peers.

Detailed and Historical Ranks

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Metrics Current 2025 2024 2023
Value
50 45 52 65
Growth
77 43 77 29
Safety
Safety
31 76 37 3
Sentiment
87 39 58 21
360° View
360° View
75 50 54 5
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Metrics Current 2025 2024 2023
Analyst Opinions
61 20 58 22
Opinions Change
50 97 50 50
Pro Holdings
n/a 65 100 72
Market Pulse
78 36 11 1
Sentiment
87 39 58 21
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Metrics Current 2025 2024 2023
Value
50 45 52 65
Growth
77 43 77 29
Safety Safety
31 76 37 3
Combined
56 61 56 11
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Metrics Current 2025 2024 2023
Price vs. Sales (P/S)
42 43 53 69
Price vs. Earnings (P/E)
64 70 83 43
Price vs. Book (P/B)
23 29 26 48
Dividend Yield
71 57 50 81
Value
50 45 52 65
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Metrics Current 2025 2024 2023
Revenue Growth
67 37 19 10
Profit Growth
56 20 96 60
Capital Growth
84 80 56 41
Stock Returns
47 49 100 63
Growth
77 43 77 29
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Metrics Current 2025 2024 2023
Leverage
10 9 9 10
Refinancing
93 91 89 21
Liquidity
28 85 42 41
Safety Safety
31 76 37 3

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Frequently Asked
Questions

This is a high-quality, high-growth stock with positive sentiment. However, the financing is on the riskier side. It is best for a growth-focused investor willing to accept higher financial risk for potentially higher shareholder returns.

Obermatt provides unbiased stock analysis as a completely independent third party. We have no conflicts of interest with individual stock titles. Our data-driven analysis is based on algorithms honed over twelve years, giving you analysis that is free from personal bias and conflicts of interest.

The 360° View Rank indicates a company's overall performance across all major financial and non-financial metrics tracked by Obermatt. A 360° View Rank of 75 means the company is more well-rounded than 75% of similar companies. A high score indicates that the company is strong across the board; it is attractively priced, growing sustainably, financially stable, and well-regarded by the market. Learn more.

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