Mercantile Bank PE Ratio 2010-2024 | MBWM

Current and historical p/e ratio for Mercantile Bank (MBWM) from 2010 to 2024. The price to earnings ratio is calculated by taking the latest closing price and dividing it by the most recent earnings per share (EPS) number. The PE ratio is a simple way to assess whether a stock is over or under valued and is the most widely used valuation measure. Mercantile Bank PE ratio as of February 04, 2025 is 9.86.

Please refer to the Stock Price Adjustment Guide for more information on our historical prices.

Mercantile Bank PE Ratio Historical Data
Date Stock Price TTM Net EPS PE Ratio
2025-02-03 47.75 9.59
2024-09-30 43.41 $4.98 8.72
2024-06-30 39.95 $5.06 7.89
2024-03-31 37.54 $5.16 7.27
2023-12-31 39.01 $5.13 7.60
2023-09-30 29.57 $5.25 5.63
2023-06-30 26.16 $4.96 5.27
2023-03-31 28.60 $4.43 6.46
2022-12-31 31.02 $3.85 8.06
2022-09-30 27.27 $3.22 8.47
2022-06-30 29.05 $3.16 9.19
2022-03-31 31.90 $3.54 9.01
2021-12-31 31.29 $3.68 8.50
2021-09-30 28.36 $3.81 7.44
2021-06-30 26.48 $3.52 7.52
2021-03-31 28.22 $2.94 9.60
2020-12-31 23.39 $2.72 8.60
2020-09-30 15.34 $2.66 5.77
2020-06-30 19.00 $2.77 6.86
2020-03-31 17.59 $2.94 5.98
2019-12-31 29.99 $3.01 9.96
2019-09-30 26.77 $2.90 9.23
2019-06-30 26.36 $2.74 9.62
2019-03-31 26.26 $2.60 10.10
2018-12-31 22.50 $2.54 8.86
2018-09-30 25.67 $2.32 11.06
2018-06-30 28.23 $2.22 12.72
2018-03-31 25.25 $2.10 12.02
2017-12-31 26.69 $1.90 14.05
2017-09-30 26.20 $1.91 13.72
2017-06-30 23.48 $1.88 12.49
2017-03-31 25.51 $1.89 13.50
2016-12-31 27.81 $1.95 14.26
2016-09-30 19.42 $1.86 10.44
2016-06-30 17.15 $1.83 9.37
2016-03-31 16.01 $1.76 9.10
2015-12-31 17.41 $1.63 10.68
2015-09-30 14.65 $1.60 9.16
2015-06-30 14.98 $1.50 9.99
2015-03-31 13.59 $1.24 10.96
2014-12-31 14.50 $1.26 11.51
2014-09-30 13.06 $1.48 8.83
2014-06-30 15.59 $1.53 10.19
2014-03-31 12.76 $1.86 6.86
2013-12-31 13.27 $1.95 6.81
2013-09-30 13.32 $1.71 7.79
2013-06-30 10.92 $1.61 6.79
2013-03-31 9.97 $1.51 6.60
2012-12-31 9.91 $1.29 7.68
2012-09-30 10.23 $4.31 2.37
2012-06-30 11.01 $4.31 2.55
2012-03-31 8.49 $4.22 2.01
2011-12-31 5.82 $4.06 1.43
2011-09-30 4.65 $0.07 66.41
2011-06-30 4.95 $-0.90 0.00
2011-03-31 5.81 $-1.25 0.00
2010-12-31 4.89 $-1.72 0.00
2010-09-30 2.69 $-4.21 0.00
2010-06-30 3.20 $-4.20 0.00
2010-03-31 2.37 $-4.87 0.00
2009-12-31 1.83 $-5.05 0.00
Sector Industry Market Cap Revenue
Finance Banks - Midwest $0.788B $0.362B
Mercantile Bank Corporation serves businesses and consumers across Grand Rapids and Kent County with a full range of mortgage, lending, deposit and checking products and services in a friendly, hometown banking environment.
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