Total Valuation
Mercantile Bank has a market cap or net worth of €881.63M. The enterprise value is €1.61K.
Market Cap€881.63M
Enterprise Value€1.61K
Share Statistics
Mercantile Bank has 17,285,929 shares outstanding. The number of shares has decreased by -2.65% in one year.
Shares Outstanding17,285,929
Owned by Insiders2.58%
Owned by Institutions12.18%
Financial Efficiency
Mercantile Bank’s return on equity (ROE) is 0.12 and return on invested capital (ROIC) is 5.72%.
Return on Equity (ROE)0.12
Return on Assets (ROA)0.01
Return on Invested Capital (ROIC)5.72%
Return on Capital Employed (ROCE)0.08
Revenue Per Employee486.01K
Profits Per Employee116.02K
Employee Count765
Asset Turnover0.05
Inventory Turnover0.00
Valuation Ratios
The current PE Ratio of Mercantile Bank is 10.5. Mercantile Bank’s PEG ratio is 0.82.
PE Ratio10.5
PS Ratio2.10
PB Ratio1.08
Price to Fair Value1.08
Price to FCF69.79
Price to Operating Cash Flow14.22
PEG Ratio0.82
Income Statement
In the last 12 months, Mercantile Bank had revenue of 371.80M and earned 88.75M in profits. Earnings per share was 5.46.
Revenue371.80M
Gross Profit238.05M
Operating Income102.09M
Pretax Income102.09M
Net Income88.75M
EBITDA106.50M
Earnings Per Share (EPS)5.46
Cash Flow
In the last 12 months, operating cash flow was 72.33M and capital expenditures -4.13M, giving a free cash flow of 68.20M billion.
Operating Cash Flow72.33M
Free Cash Flow68.20M
Free Cash Flow per Share3.95
Dividends & Yields
Mercantile Bank pays an annual dividend of ―, resulting in a dividend yield of ―
Dividend Per Share―
Dividend Yield―
Payout RatioN/A
Free Cash Flow Yield―
Earnings Yield―
Stock Price Statistics
Beta0.61
52-Week Price Change25.29%
50-Day Moving Average50.37
200-Day Moving Average44.36
Relative Strength Index (RSI)45.81
Average Volume (3m)0.00
Important Dates
Mercantile Bank upcoming earnings date is Oct 20, 2026, TBA (Confirmed).
Last Earnings DateJul 21, 2026
Next Earnings DateOct 20, 2026
Ex-Dividend Date―
Financial Position
Mercantile Bank as a current ratio of 0.29, with Debt / Equity ratio of 95.43%
Current Ratio0.29
Quick Ratio0.29
Debt to Market Cap1.06
Net Debt to EBITDA3.31
Interest Coverage Ratio0.79
Taxes
In the past 12 months, Mercantile Bank has paid 13.34M in taxes.
Income Tax13.34M
Effective Tax Rate0.13
Enterprise Valuation
Mercantile Bank EV to EBITDA ratio is 10.66, with an EV/FCF ratio of 101.24.
EV to Sales3.05
EV to EBITDA10.66
EV to Free Cash Flow101.24
EV to Operating Cash Flow63.14
Balance Sheet
Mercantile Bank has €1.20B in cash and marketable securities with €687.66M in debt, giving a net cash position of €507.67M billion.
Cash & Marketable Securities€1.20B
Total Debt€687.66M
Net Cash€507.67M
Net Cash Per Share€29.37
Tangible Book Value Per Share€38.85
Margins
Gross margin is 67.99%, with operating margin of 27.46%, and net profit margin of 23.87%.
Gross Margin67.99%
Operating Margin27.46%
Pretax Margin27.46%
Net Profit Margin23.87%
EBITDA Margin28.64%
EBIT Margin27.46%
Analyst Forecast
The average price target for Mercantile Bank is €54.20, which is 11.43% higher than the current price. The consensus rating is Hold
Price Target€54.20
Price Target Upside9.28% Upside
Analyst ConsensusHold
Analyst Count4
Revenue Growth Forecast-2.60%
EPS Growth Forecast5.46%