Mercantile Bank Statistics

Total Valuation

Mercantile Bank has a market cap or net worth of EUR 653.96 million.

Market Cap	653.96M
Enterprise Value	n/a

Important Dates

The next estimated earnings date is Tuesday, October 14, 2025.

Earnings Date	Oct 14, 2025
Ex-Dividend Date	Jun 6, 2025

Share Statistics

Current Share Class	16.25M
Shares Outstanding	n/a
Shares Change (YoY)	+0.64%
Shares Change (QoQ)	+0.26%
Owned by Insiders (%)	n/a
Owned by Institutions (%)	n/a
Float	15.72M

Valuation Ratios

The trailing PE ratio is 9.44 and the forward PE ratio is 8.55.

PE Ratio	9.44
Forward PE	8.55
PS Ratio	3.36
PB Ratio	1.22
P/TBV Ratio	1.32
P/FCF Ratio	24.86
P/OCF Ratio	18.74
PEG Ratio	n/a

Financial Ratio History

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	n/a
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	n/a

Financial Position

Current Ratio	n/a
Quick Ratio	n/a
Debt / Equity	n/a
Debt / EBITDA	n/a
Debt / FCF	24.92
Interest Coverage	n/a

Financial Efficiency

Return on equity (ROE) is 13.77%.

Return on Equity (ROE)	13.77%
Return on Assets (ROA)	1.38%
Return on Invested Capital (ROIC)	n/a
Return on Capital Employed (ROCE)	n/a
Revenue Per Employee	292,435
Profits Per Employee	104,229
Employee Count	682
Asset Turnover	n/a
Inventory Turnover	n/a

Taxes

In the past 12 months, Mercantile Bank has paid 13.96 million in taxes.

Income Tax	13.96M
Effective Tax Rate	16.76%

Stock Price Statistics

The stock price has increased by +0.53% in the last 52 weeks.

Beta (5Y)	n/a
52-Week Price Change	+0.53%
50-Day Moving Average	39.56
200-Day Moving Average	40.84
Relative Strength Index (RSI)	49.28
Average Volume (20 Days)	2

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	1.52

Income Statement

In the last 12 months, Mercantile Bank had revenue of EUR 194.47 million and earned 69.31 million in profits. Earnings per share was 4.28.

Revenue	194.47M
Gross Profit	194.47M
Operating Income	86.25M
Pretax Income	83.27M
Net Income	69.31M
EBITDA	n/a
EBIT	n/a
Earnings Per Share (EPS)	4.28

Full Income Statement

Balance Sheet

The company has 274.19 million in cash and 655.48 million in debt, giving a net cash position of -381.29 million.

Cash & Cash Equivalents	274.19M
Total Debt	655.48M
Net Cash	-381.29M
Net Cash Per Share	n/a
Equity (Book Value)	537.74M
Book Value Per Share	33.09
Working Capital	-4.01B

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 34.90 million and capital expenditures -8.60 million, giving a free cash flow of 26.30 million.

Operating Cash Flow	34.90M
Capital Expenditures	-8.60M
Free Cash Flow	26.30M
FCF Per Share	n/a

Full Cash Flow Statement

Margins

Gross Margin	n/a
Operating Margin	44.35%
Pretax Margin	42.82%
Profit Margin	35.64%
EBITDA Margin	n/a
EBIT Margin	n/a
FCF Margin	13.53%

Dividends & Yields

This stock pays an annual dividend of 1.33, which amounts to a dividend yield of 3.52%.

Dividend Per Share	1.33
Dividend Yield	3.52%
Dividend Growth (YoY)	5.09%
Years of Dividend Growth	3
Payout Ratio	28.52%
Buyback Yield	-0.64%
Shareholder Yield	2.88%
Earnings Yield	10.60%
FCF Yield	4.02%

Dividend Details

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

Altman Z-Score	n/a
Piotroski F-Score	3