MCS Stock Chart & Stats
€51.00
-€0.90(-1.78%)
At close: 4:00 PM EDT
€51.00
-€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
€907.33M
Enterprise Value€1.61B
Total Cash (Recent Filing)€1.20B
Total Debt (Recent Filing)€687.66M
Price to Earnings (P/E)10.2
Beta0.64
Next Earnings
Oct 20, 2026EPS Estimate
1.2Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)5.68
Shares Outstanding17,285,929
10 Day Avg. Volume2
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
€56.13Price Target Upside10.06% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering5
EPS Forecast (FY)4.92
Revenue Forecast (FY)€247.78M
Bulls Say, Bears Say
Bulls Say
Deposit Growth And Funding MixRapid deposit growth and a larger low-cost funding base strengthen the bank’s core funding franchise. This mix supports net interest margin resilience, reduces reliance on expensive funding, and creates capacity to fund commercial lending growth over the next several quarters.
Asset Quality And CapitalVery low nonperforming assets, substantial loss coverage, and capital well above regulatory requirements provide meaningful balance-sheet protection. These strengths reduce the potential impact of credit deterioration and support continued lending, acquisitions, and shareholder distributions.
Earnings And Loan GrowthHigher earnings, improving margin performance, and a targeted mid-single-digit loan-growth outlook indicate a scalable commercial banking franchise. Continued asset growth can expand net interest income, while solid profitability provides internal capital to support future expansion.
Bears Say
Elevated Operating ExpensesHigher personnel and strategic investment costs are pressuring operating leverage as the bank expands in Southeast Michigan and prepares for systems conversion. Even if these investments support future growth, sustained expense growth could moderate earnings progression in the near term.
Loan Yield And Growth PressureLower loan yields can compress asset profitability, while sizeable commercial payoffs and paydowns make reported loan growth less efficient. These factors may limit net interest income expansion and require continued origination activity to sustain the targeted growth rate.
Acquisition Financing CostsThe acquisition added borrowing costs that partially offset savings from lower deposit interest expense. Until merger-related benefits and integration efficiencies fully emerge, this financing burden can weigh on net interest income, earnings conversion, and capital allocation flexibility.
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 €907.33M.
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 11 days.
How were Mercantile Bank Corp.’s earnings last quarter?
Mercantile Bank Corp. released its earnings results on Jul 21, 2026. The company reported €1.338 earnings per share for the quarter, beating the consensus estimate of €1.18 by €0.158.
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 1.2.
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 €1.338 in its last earnings report, beating expectations of €1.18. 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
1
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5
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7
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9
10
Analyst Consensus
Moderate Buy
Average Price Target:
€56.13 (10.06% Upside)
€56.13 (10.06% Upside)
Blogger Sentiment
Bullish
DE:MCS Sentiment 60%
Sector Average 62%
Sector Average 62%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
31.82%
12-Months-Change
Fundamentals
Return on Equity
13.25%
Trailing 12-Months
Asset Growth
10.33%
Trailing 12-Months
Learn more about TipRanks Smart Score
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
All Analysts
Top Analysts
Average Price Target
€56.13
▲(10.06% Upside)
Technical Analysis
1 Day
3 Days
1 Week
1 Month
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