MCS Stock Chart & Stats
€49.60
-€0.90(-1.78%)
At close: 4:00 PM EDT
€49.60
-€0.90(-1.78%)
Day’s Range― - ―
52-Week Range€36.40 - €53.50
Previous CloseN/A
Volume0.00
Average Volume (3M)0.00
Market Cap
€881.63M
Enterprise Value€1.61K
Total Cash (Recent Filing)€1.20B
Total Debt (Recent Filing)€687.66M
Price to Earnings (P/E)10.5
Beta0.61
Next Earnings
Oct 20, 2026EPS Estimate
1.18Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)5.68
Shares Outstanding17,285,929
10 Day Avg. Volume0
30 Day Avg. Volume0
Financial Highlights & Ratios
PEG Ratio0.82
Price to Book (P/B)1.08
Price to Sales (P/S)2.10
P/FCF Ratio69.79
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€54.20Price Target Upside9.28% Upside
Rating ConsensusHold
Number of Analyst Covering4
EPS Forecast (FY)4.85
Revenue Forecast (FY)€245.05M
Bulls Say, Bears Say
Bulls Say
Deposit Growth & Funding MixSustained, deposit-led funding reduces reliance on wholesale borrowings and supports margin durability. A higher share of noninterest-bearing and low-cost deposits improves net interest margin resilience and funding stability, enabling predictable loan growth and lower funding volatility over months.
Excellent Asset Quality & CoverageVery low NPAs and a sizable allowance provide a durable cushion against credit stress. Strong coverage and historical low loss levels allow management flexibility on provisioning and support consistent earnings in the near-to-medium term absent a sharp macro deterioration.
Profitability & Improved Cash ConversionHigh margins and a recent rebound in operating and free cash flow indicate the business generates meaningful, repeatable earnings and cash. This cash conversion supports capital build, organic growth and strategic investments, underpinning fundamental stability over the coming quarters.
Bears Say
Rising Noninterest Expense & Conversion CostsElevated operating expenses from staffing, expansion and a core system conversion compress near-term profitability. The timing and magnitude of conversion-related savings are uncertain, creating multi-quarter pressure on efficiency ratios and requiring sustained revenue or future cost cuts to restore prior margins.
Loan Yield Pressure & PayoffsDeclining loan yields and sizable paydowns reduce organic loan book expansion and compress NII if replacement yields stay lower. Persistent payoff activity can limit sustainable loan growth and make it harder to achieve management's mid-single-digit loan growth targets without higher origination margins.
Volatile Cash GenerationImproved recent cash conversion is positive, but historical volatility in operating and free cash flow reduces confidence in earnings-to-cash durability. Variability can constrain discretionary capital uses (buybacks, M&A) and requires sustained cash generation to fund the bank's investments and dividend policy reliably.
Mercantile Bank News
MCS FAQ
What was Mercantile Bank Corp.’s price range in the past 12 months?
Mercantile Bank Corp. lowest stock price was €36.40 and its highest was €53.50 in the past 12 months.
What is Mercantile Bank Corp.’s market cap?
Mercantile Bank Corp.’s market cap is €881.63M.
When is Mercantile Bank Corp.’s upcoming earnings report date?
Mercantile Bank Corp.’s upcoming earnings report date is Oct 20, 2026 which is in 57 days.
How were Mercantile Bank Corp.’s earnings last quarter?
Mercantile Bank Corp. released its earnings results on Jul 21, 2026. The company reported €1.3 earnings per share for the quarter, beating the consensus estimate of €1.147 by €0.153.
Is Mercantile Bank Corp. overvalued?
According to Wall Street analysts Mercantile Bank Corp.’s price is currently Undervalued.
Does Mercantile Bank Corp. pay dividends?
Mercantile Bank Corp. does not currently pay dividends.
What is Mercantile Bank Corp.’s EPS estimate?
Mercantile Bank Corp.’s EPS estimate is 1.18.
How many shares outstanding does Mercantile Bank Corp. have?
Mercantile Bank Corp. has 17,285,929 shares outstanding.
What happened to Mercantile Bank Corp.’s price movement after its last earnings report?
Mercantile Bank Corp. reported an EPS of €1.3 in its last earnings report, beating expectations of €1.147. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of Mercantile Bank Corp.?
Currently, no hedge funds are holding shares in DE:MCS
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Mercantile Bank Stock Smart Score
Neutral
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10
Analyst Consensus
Hold
Average Price Target:
€54.20 (9.28% Upside)
€54.20 (9.28% Upside)
Blogger Sentiment
Bullish
DE:MCS Sentiment 67%
Sector Average 55%
Sector Average 55%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-7.70%
12-Months-Change
Fundamentals
Return on Equity
2.55%
Trailing 12-Months
Asset Growth
10.33%
Trailing 12-Months
Company Description
Mercantile Bank Corp.
Mercantile Bank Corporation serves as the parent holding company for Mercantile Bank of Michigan, providing a full spectrum of commercial and personal banking solutions to small and mid-sized businesses, as well as individual customers, across the United States. The institution facilitates a diverse range of deposit offerings, including checking, savings, term certificates, time deposits, and certificates of deposit (CDs). Its extensive lending portfolio encompasses commercial and industrial financing; loans for vacant land, property development, and new home construction; mortgages for both owner-occupied and investment real estate (such as multi-family and rental properties); single-family residential loans; home equity lines of credit (HELOCs); and various consumer loans, including funding for new and pre-owned vehicles, watercraft, credit cards, and overdraft protection, alongside residential mortgage and installment options. Beyond core banking, Mercantile Bank supplies additional conveniences like courier services and secure deposit boxes. It also markets a comprehensive array of insurance policies, such as coverage for private auto, homeowners, personal inland marine, boat owners, recreational vehicles, dwelling fire, umbrella liability, small business needs, and life insurance. The bank's infrastructure further includes 22 automated teller machines (ATMs) and 19 video banking machines. As of January 18, 2022, the company maintained 44 branch locations. Established in 1997, Mercantile Bank Corporation's main office is situated in Grand Rapids, Michigan.
MCS Company Deck
MCS Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
Overall the call conveyed a positive operating and financial profile: strong profitability, stable/improving net interest margin, robust deposit growth with an improving mix, excellent asset quality and capital levels, and successful integration of the Eastern Michigan acquisition. Offsetting items include higher operating expenses driven by strategic investments (Southeast Michigan expansion and core/digital conversion), some loan yield pressure and elevated near-term noninterest expenses. Management provided constructive guidance (loan growth targets and expected NIM improvement in H2) but noted forecasting uncertainty due to market volatility and conversion timing.View all DE:MCS earnings summariesMCS Stock 12 Month Forecast
Average Price Target
€54.20
▲(9.28% Upside)
Technical Analysis
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