Mercantile Bank Share Price Today
(NASDAQ: MBWM)

Name: Mercantile Bank Share Price Today (NASDAQ: MBWM) - Mercantile Bank Stock Price Live Quote | INDmoney
Brand: INDmoney
Rating: 4.7 (371551 reviews)

Mercantile Bank share price is $46.31 & ₹4,027.53 as on 6 Mar 2025, 2.30 'hrs' IST

$46.31

▲

-0.06

(-0.13%)

Market is closed - opens 8 PM, 06 Mar 2025

View live Mercantile Bank share price in Dollar and Rupees. Guide to invest in Mercantile Bank stock from India, including Indian investor sentiment. Get details on Indian mutual funds investing in Mercantile Bank, along with analyst recommendations, forecasts, and comprehensive financials.

Mercantile Bank share price movements

Today's Low: $45.59
Today's High: $46.99
$46.31
1.55%
Downside
Day's Volatility :2.98%
Upside
1.45%
52 Weeks Low: $33.46
52 Weeks High: $52.98
$46.31
27.75%
Downside
52 Weeks Volatility :36.84%
Upside
12.59%

Mercantile Bank (MBWM) Returns

Period	Mercantile Bank Corp	Sector (Financials)	Index (Russel 2000)
3 Months	-8.48%	-0.4%	0.0%
6 Months	4.75%	13.4%	0.0%
1 Year	25.23%	23.6%	0.0%
3 Years	28.25%	34.9%	-11.6%

Mercantile Bank (MBWM) Key Statistics

in dollars & INR

Previous Close	$46.37
Open	$46.6
Today's High	$46.99
Today's Low	$45.59
Market Capitalization	$752.6M
Today's Volume	$67.0K
52 Week High	$52.98
52 Week Low	$33.46
Revenue TTM	$224.1M
Earnings Per Share (EPS)	$4.76
PE Ratio	9.74
Dividend Yield	3.08%
Profit Margin	35.52%
Quarterly Earnings Growth YOY	-0.02%
Return On Equity TTM	14.38%

How to invest in Mercantile Bank Stock (MBWM) from India?

It is very easy for Indian residents to invest directly in Mercantile Bank from India. Indian investors can open a free US stocks account on the INDmoney app. You can find live prices of the Mercantile Bank stock in both Indian Rupees (INR) and US Dollars (USD). Search for Mercantile Bank or MBWM on the INDmoney app and click on Buy or SIP. You can invest by choosing quantities of shares of Mercantile Bank or rupee/ dollar value or set up a fixed SIP amount to be invested every month or week.

For example: You can easily buy Rs.100 worth of Mercantile Bank shares which would translate to 0.019 fractional shares of Mercantile Bank as of today. Learn more about fractional investing.

Indians can now also easily transfer and add money to their US stocks account via the INDmoney app. Invest in US Stocks from India, including recognised companies like Mercantile Bank, in just a few clicks!

Returns in Mercantile Bank (MBWM) for Indian investors in Rupees

The Mercantile Bank stock calculator helps Indian investors calculate returns based on the historical performance of the stock. Just choose your investment amount and duration to get insights and invest more confidently. See stock returns as well as the effect of dollar appreciation over different durations.

Investment Value

₹1,00,000

Mercantile Bank investment value today

Current value as on today

₹1,30,179

Returns

₹30,179

(+30.18%)

Returns from Mercantile Bank Stock

₹25,230 (+25.23%)

Dollar Returns

₹4,949 (+4.95%)

Indian investors sentiment towards Mercantile Bank (MBWM)

-33%

Period: Feb 3, 2025 to Mar 5, 2025. Change in 30 Days versus previous period

Search interest for Mercantile Bank Stock from India on INDmoney has decreased by -33% in the last 30 days, reflecting a downward trend in search activity.

Global Institutional Holdings in Mercantile Bank

BlackRock Inc
10.00%
Dimensional Fund Advisors, Inc.
6.86%
Vanguard Group Inc
5.39%
Renaissance Technologies Corp
3.16%
State Street Corp
2.90%
American Century Companies Inc
2.42%

Analyst Recommendation on Mercantile Bank

Buy

70%Buy

30%Hold

0%Sell

Based on 10 Wall street analysts offering stock ratings for Mercantile Bank(by analysts ranked 0 to 5 stars)

Based on 10 analyst

Current
1M Ago
3M Ago

Buy

Hold

Sell

Analyst Forecast on Mercantile Bank Stock (MBWM)

What analysts predicted

Upside of 14.45%

Target:

$53.00

Current:

$46.31

Insights on Mercantile Bank Stock (Ticker Symbol: MBWM)

Price Movement
In the last 1 year, MBWM stock has moved up by 25.2%
Decreasing Revenue
Revenue is down for the last 3 quarters, 88.56M → 58.53M (in $), with an average decrease of 17.8% per quarter
Increasing Net Profit
Netprofit is up for the last 3 quarters, 18.78M → 19.62M (in $), with an average increase of 2.1% per quarter
MBWM vs MFG (1 yr)
In the last 1 year, Mizuho Financial Group, Inc. has given 45.2% return, outperforming this stock by 20.0%
MBWM vs MFG (3 yr)
In the last 3 years, Mizuho Financial Group, Inc. has given 121.2% return, outperforming this stock by 95.0%
Price to Sales
ForMBWM every $1 of sales, investors are willing to pay $3.3, whereas for Mizuho Financial Group, Inc., the investors are paying $0.0 for every $1 of sales.

Mercantile Bank Technicals Summary

Sell

Neutral

Buy

Mercantile Bank is currently not in a favorable trading position ( SELL ) according to technical analysis indicators.

Mercantile Bank (MBWM) Vs Peers

Company Name	1 Month	6 Month	1 Year	3 Years	5 Years
Mercantile Bank Corp	-4.85%	4.75%	25.23%	28.25%	92.32%
U.s. Bancorp	-5.86%	-1.91%	3.67%	-15.88%	22.99%
Icici Bank Ltd.	-3.67%	-3.44%	6.6%	71.51%	134.84%
Pnc Financial Services Group, Inc.	-9.3%	-0.27%	20.01%	0.99%	82.75%
Truist Financial Corp	-9.01%	-0.09%	15.67%	-23.33%	24.92%
Mizuho Financial Group, Inc.	4.36%	37.89%	45.2%	126.38%	159.01%

Company Name	P/E Ratio	P/B Ratio	PEG Ratio	EPS	ROE	ROA	Div Yield	BVPS
Mercantile Bank Corp	9.74	9.74	2.51	4.83	0.14	0.01	0.03	36.2
U.s. Bancorp	12.19	12.19	1.11	4.38	0.11	0.01	0.04	33.19
Icici Bank Ltd.	17.81	17.81	0.0	1.49	0.19	0.02	0.01	414.83
Pnc Financial Services Group, Inc.	13.8	13.8	1.8	15.39	0.11	0.01	0.03	122.94
Truist Financial Corp	8.99	NA	1.94	4.06	0.0	0.0	0.05	43.9
Mizuho Financial Group, Inc.	12.04	12.04	0.95	0.0	0.09	0.0	0.03	4168.68

Company Name	Analyst View	Market Cap	5 Years Return %	PE Ratio	Profit Margin
Mercantile Bank Corp	Buy	$752.6M	92.32%	9.74	35.52%
U.s. Bancorp	Hold	$69.6B	22.99%	12.19	25.1%
Icici Bank Ltd.	Buy	$97.9B	134.84%	17.81	28.03%
Pnc Financial Services Group, Inc.	Buy	$71.4B	82.75%	13.8	28.36%
Truist Financial Corp	Buy	$57.1B	24.92%	8.99	42.23%
Mizuho Financial Group, Inc.	Buy	$71.4B	159.01%	12.04	23.26%

About Mercantile Bank

Mercantile Bank Corporation operates as the bank holding company for Mercantile Bank of Michigan that provides commercial and retail banking services to small- to medium-sized businesses and individuals in the United States. It accepts various deposit products, including checking, savings, and term certificate accounts; time deposits; and certificates of deposit. The company also provides commercial and industrial loans; vacant land, land development, and residential construction loans; owner and non-owner occupied real estate loans; multi-family and residential rental property loans; single-family residential real estate loans; home equity line of credit programs; and consumer loans, such as new and used automobile and boat loans, and credit cards, as well as overdraft protection services; and residential mortgage and instalment loans. In addition, it offers courier services and safe deposit facilities; and insurance products, such as private passenger automobile, homeowners, personal inland marine, boat owners, recreational vehicle, dwelling fire, umbrella policies, small business, and life insurance products. The company was incorporated in 1997 and is headquartered in Grand Rapids, Michigan.

Organization	Mercantile Bank
Employees	668
CEO	Mr. Raymond E. Reitsma
Industry	Finance

Management People of Mercantile Bank

Name	Title
Mr. Raymond E. Reitsma	President, CEO & Director
Mr. Charles E. Christmas	Executive VP, CFO & Treasurer
Mr. Brett E. Hoover	Executive VP & Chief Human Resource Officer
Sonali D. Allen	Senior VP and Chief Compliance & Community Development Officer of Mercantile Bank
Mr. Mark S. Augustyn	Executive VP & Chief Commercial Banking Officer of Mercantile Bank
Mr. Jeff Kaiser	Senior VP & Head of Risk Management Department
Mr. Douglas J. Holtrop	Executive VP & Senior Lending Officer of Mercantile Bank

Important FAQs about investing in MBWM Stock from India :

What is Mercantile Bank share price today?

Mercantile Bank share price today stands at $46.31, Open: $46.60 ; Previous Close: $46.37 ; High: $46.99 ; Low: $45.59 ; 52 Week High: $52.98 ; 52 Week Low: $33.46.

The stock opens at $46.60, after a previous close of $46.37. The stock reached a daily high of $46.99 and a low of $45.59, with a 52-week high of $52.98 and a 52-week low of $33.46.

Can Indians buy Mercantile Bank shares?

Yes, Indians can invest in the Mercantile Bank (MBWM) from India.

With INDmoney, you can buy Mercantile Bank at 0 brokerage. The step-by-step process is as follows:

Open your zero cost US Stocks account and zero balance IND linked savings a/c (this can be done in less than 3 minutes)
Transfer funds to your US Stocks account using your IND linked savings a/c (It takes 24 hours excluding Saturday and Sunday). With INDmoney, you get the best INR USD exchange rates.
Once funds are transferred successfully, you can buy Mercantile Bank at zero transaction cost.

How can I buy Mercantile Bank shares from India?

It is very easy to buy Mercantile Bank from India. With INDmoney, you can open a US stocks account in less than 3 minutes. Transfer funds in 24 hours and buy stocks very easily - that too at 0 brokerage. All this is done at 0 account opening & management fee, 0 brokerages, and at the same time you get the best rupee-US dollar exchange rate.

Can Fractional shares of Mercantile Bank (MBWM) be purchased?

Yes, you can buy fractional shares of Mercantile Bank with INDmoney app.

What are the documents required to start investing in Mercantile Bank stocks?

To start investing in Mercantile Bank, You will need the following documents:

Proof of Identification (PAN, Aadhaar etc)
Proof of address (Aadhaar, Voter ID etc)

These documents are required as per RBI's guidelines to create your IND linked savings a/c so that you can execute for global fund transfer. The entire process is paperless and can be completed seamlessly.