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Mercantile Bank Corporation
MBWM
NASDAQ
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Overall Rating
A-
Buy
4
/5
Valuation Metrics
DCF Valuation
Strong Buy
5
P/E Ratio
Neutral
3
P/B Ratio
Neutral
3
Quality Metrics
Return on Equity
Buy
4
Return on Assets
Neutral
3
Debt to Equity
Sell
2
Rating Scale
5 = Strong Buy
3-4 = Buy / Neutral
2 = Sell
1 = Strong Sell
Last updated: January 9, 2026