Mercantile Bank Corporation Stock Price and Value Analysis

Should you buy Mercantile Bank Corporation stock? (NasdaqGS:MBWM). Let's see how it does in our automated value investing analysis system.

MBWM Free Cash Flow Trend

Free Cash Flow trendline for MBWM
Free Cash Flow trendline for Mercantile Bank Corporation

Based on historical returns, we believe that Mercantile Bank Corporation can grow its free cash at a rate of about 0%. That's positive!

AdvantagesDisadvantages
  • This stock is on sale.
  • This company has a large dividend yield!
  • This company has wild ups and downs.
  • This company is making money at a modest rate.
  • This company is less known than others.

Inside the MBWM Numbers

MBWM Price
(Mercantile Bank Corporation stock price per share)
$30.32
[?] MBWM Fair Price
(based on intrinsic value)
$35.38
[?] MBWM Safety Price (based on a variable margin of safety) $21.23
[?] PE Ratio versus Sector 16% lower than other Financial stocks
[?] PE Ratio versus Industry 0% lower than other Banks - Regional - US stocks
[?] Cash Yield 7.23%
[?] Free Cash Flow Jitter 50%
[?] Dividend Yield 3%

Is Mercantile Bank Corporation Stock on Sale?

We believe that Mercantile Bank Corporation may be worth examining further. It's making money, which is a very positive sign. Is it on sale?

Mercantile Bank Corporation looks like a price in the fair value range. Based on our analysis—if the company keeps making money the way it has been—you could be looking at a good stock. See Before You Buy for your next steps.

Should You Buy MBWM Stock?

Does Mercantile Bank Corporation have a coherent story? Does it have a plan to continue to make money? Is it worth your time? Only you can decide where to go from here. Our investment guide helps you ask the right questions, including how to buy stocks. Use these research links for more information.