Mercantile Bank Price to Book Ratio 2010-2025 | MBWM

Historical price to book ratio values for Mercantile Bank (MBWM) over the last 10 years. The current price to book ratio for Mercantile Bank as of May 30, 2025 is 1.20.

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

Mercantile Bank Price/Book Ratio Historical Data
Date Stock Price Book Value per Share Price to Book Ratio
2025-05-30 44.16 1.18
2025-03-31 43.44 $37.47 1.16
2024-12-31 44.13 $36.20 1.22
2024-09-30 43.06 $36.14 1.19
2024-06-30 39.63 $34.15 1.16
2024-03-31 37.24 $33.28 1.12
2023-12-31 38.70 $32.38 1.20
2023-09-30 29.34 $30.16 0.97
2023-06-30 25.95 $29.89 0.87
2023-03-31 28.36 $29.21 0.97
2022-12-31 30.76 $27.60 1.11
2022-09-30 27.04 $26.24 1.03
2022-06-30 28.80 $27.05 1.06
2022-03-31 31.63 $27.55 1.15
2021-12-31 31.02 $28.82 1.08
2021-09-30 28.11 $28.77 0.98
2021-06-30 26.25 $28.23 0.93
2021-03-31 27.97 $27.21 1.03
2020-12-31 23.19 $27.04 0.86
2020-09-30 15.21 $26.59 0.57
2020-06-30 18.83 $26.20 0.72
2020-03-31 17.43 $25.82 0.68
2019-12-31 29.74 $25.36 1.17
2019-09-30 26.54 $24.93 1.06
2019-06-30 26.13 $24.34 1.07
2019-03-31 26.03 $23.37 1.11
2018-12-31 22.31 $22.70 0.98
2018-09-30 25.42 $22.84 1.11
2018-06-30 27.96 $22.57 1.24
2018-03-31 25.01 $22.19 1.13
2017-12-31 26.44 $22.05 1.20
2017-09-30 25.95 $21.99 1.18
2017-06-30 23.26 $21.69 1.07
2017-03-31 25.27 $21.13 1.20
2016-12-31 27.55 $20.76 1.33
2016-09-30 19.24 $21.44 0.90
2016-06-30 16.99 $21.18 0.80
2016-03-31 15.86 $20.86 0.76
2015-12-31 17.24 $20.40 0.85
2015-09-30 14.51 $20.20 0.72
2015-06-30 14.84 $19.85 0.75
2015-03-31 13.46 $19.69 0.68
2014-12-31 14.37 $19.33 0.74
2014-09-30 12.94 $19.04 0.68
2014-06-30 15.45 $18.77 0.82
2014-03-31 12.67 $18.04 0.70
2013-12-31 13.14 $17.54 0.75
2013-09-30 13.15 $17.21 0.76
2013-06-30 10.75 $17.34 0.62
2013-03-31 9.77 $17.20 0.57
2012-12-31 9.68 $16.84 0.57
2012-09-30 9.87 $16.74 0.59
2012-06-30 10.62 $17.38 0.61
2012-03-31 8.18 $19.41 0.42
2011-12-31 5.58 $19.17 0.29
2011-09-30 4.45 $15.89 0.28
2011-06-30 4.74 $15.21 0.31
2011-03-31 5.56 $14.74 0.38
2010-12-31 4.67 $14.65 0.32
2010-09-30 2.56 $15.67 0.16
2010-06-30 3.05 $16.18 0.19
2010-03-31 2.25 $16.09 0.14
2009-12-31 1.72 $16.30 0.11
2009-09-30 2.27 $20.64 0.11
2009-06-30 1.75 $21.15 0.08
2009-03-31 2.76 $19.70 0.14
Sector Industry Market Cap Revenue
Finance Banks - Midwest $0.727B $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.
Stock Name Country Market Cap PE Ratio
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UMB Financial (UMBF) United States $7.880B 10.95
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Associated Banc-Corp (ASB) United States $3.862B 10.40
First Interstate BancSystem (FIBK) United States $2.854B 12.90
First Financial Bancorp (FFBC) United States $2.324B 9.12
First Merchants (FRME) United States $2.209B 10.61
First Busey (BUSE) United States $1.991B 10.21
Enterprise Financial Services (EFSC) United States $1.966B 10.38
Lakeland Financial (LKFN) United States $1.533B 17.80
1st Source (SRCE) United States $1.496B 10.47
German American Bancorp (GABC) United States $1.438B 12.92
QCR Holdings (QCRH) United States $1.149B 9.74
Peoples Bancorp (PEBO) United States $1.054B 9.13
FirstSun Capital Bancorp (FSUN) United States $1.005B 10.53
Old Second Bancorp (OSBC) United States $0.755B 9.01
Independent Bank (IBCP) United States $0.658B 10.11
First Financial Indiana (THFF) United States $0.616B 11.26
MidWestOne Financial (MOFG) United States $0.601B 11.41
Farmers National Banc (FMNB) United States $0.504B 9.99
First Business Financial Services (FBIZ) United States $0.407B 9.36
Civista Bancshares (CIVB) United States $0.358B 10.17
Heartland BancCorp (HLAN) United States $0.326B 16.39
First Western Financial (MYFW) United States $0.207B 20.53
Ames National (ATLO) United States $0.158B 13.92
Ohio Valley Banc (OVBC) United States $0.157B 12.41
Eagle Bancorp Montana (EBMT) United States $0.136B 12.06
CSB Bancorp (CSBB) United States $0.110B 10.36
BNCCORP (BNCC) United States $0.101B 12.65
United Bancshares (UBOH) United States $0.082B 8.12
United Bancorp (UBCP) United States $0.080B 11.15
Central Plains Bancshares (CPBI) United States $0.062B 0.00