Mercantile Bank Corp (MBWM) valuation
Mercantile Bank P/E ratio history
Mercantile Bank trades at 10.6 times its earnings over the last twelve months and 10.2 times the earnings analysts expect over the next twelve.
n/m: not meaningful (a loss, or earnings close to zero). The daily P/E line is a chart indicator in the app.
Mercantile Bank valuation against its peers
| Company | Market value | P/E | Forward P/E |
|---|---|---|---|
| Mercantile BankMBWM | $1.03B | 10.6 | 10.2 |
| Oceanfirst FinancialOCFC | $1.03B | 20.9 | 8.4 |
| Metrocity BanksharesMCBS | $1.03B | 12.4 | 11.4 |
| Business First BancsharesBFST | $1.04B | 11.3 | 9.8 |
| Cnb FinancialCCNE | $1.05B | 11.3 | 9.6 |
| Eagle BancorpEGBN | $1.01B | — | 14.2 |
| Ridgepost CapitalRPC | $1.01B | 38.4 | 8.6 |
| Equity BancsharesEQBK | $1.00B | 30.6 | 9.1 |
| Horizon BancorpHBNC | $1.06B | — | 9.3 |
| Peer median | 16.6 | 9.5 |
Reading these multiples
The P/E divides the share price by earnings per share over the last twelve months; the forward P/E divides it by the earnings analysts expect over the next twelve. Price to sales compares the company's market value with its revenue over the last twelve months. A multiple reads differently from one industry to the next, so the peer group above is the fairer comparison.
See also: MBWM returns
No forecast, no recommendation. This page describes Mercantile Bank Corp from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.