Mercantile Bank Price to Sales Ratio 2010-2024 | MBWM

Historical PS ratio values for Mercantile Bank (MBWM) over the last 10 years. The current P/S ratio for Mercantile Bank as of May 02, 2025 is . For more information on how our historical price data is adjusted see the Stock Price Adjustment Guide.
Mercantile Bank P/S Ratio Historical Data
Date Stock Price TTM Sales per Share Price to Sales Ratio
2025-05-02 43.63 1.94
2024-12-31 44.13 $22.44 1.97
2024-09-30 43.06 $21.82 1.97
2024-06-30 39.63 $21.07 1.88
2024-03-31 37.24 $20.18 1.85
2023-12-31 38.70 $18.96 2.04
2023-09-30 29.34 $18.00 1.63
2023-06-30 25.95 $16.47 1.58
2023-03-31 28.36 $14.86 1.91
2022-12-31 30.76 $13.49 2.28
2022-09-30 27.04 $12.44 2.17
2022-06-30 28.80 $12.19 2.36
2022-03-31 31.63 $12.33 2.57
2021-12-31 31.02 $12.44 2.49
2021-09-30 28.11 $12.52 2.24
2021-06-30 26.25 $12.29 2.14
2021-03-31 27.97 $12.14 2.30
2020-12-31 23.19 $11.90 1.95
2020-09-30 15.21 $11.56 1.32
2020-06-30 18.83 $11.41 1.65
2020-03-31 17.43 $11.25 1.55
2019-12-31 29.74 $11.29 2.64
2019-09-30 26.54 $10.99 2.41
2019-06-30 26.13 $10.54 2.48
2019-03-31 26.03 $10.08 2.58
2018-12-31 22.31 $9.69 2.30
2018-09-30 25.42 $9.40 2.70
2018-06-30 27.96 $9.26 3.02
2018-03-31 25.01 $9.04 2.77
2017-12-31 26.44 $8.77 3.01
2017-09-30 25.95 $8.61 3.02
2017-06-30 23.26 $8.47 2.75
2017-03-31 25.27 $8.45 2.99
2016-12-31 27.55 $8.56 3.22
2016-09-30 19.24 $8.41 2.29
2016-06-30 16.99 $8.26 2.06
2016-03-31 15.86 $8.04 1.97
2015-12-31 17.24 $7.68 2.25
2015-09-30 14.51 $8.04 1.80
2015-06-30 14.84 $7.93 1.87
2015-03-31 13.46 $7.86 1.71
2014-12-31 14.37 $7.75 1.85
2014-09-30 12.94 $7.37 1.76
2014-06-30 15.45 $7.36 2.10
2014-03-31 12.67 $7.35 1.72
2013-12-31 13.14 $7.47 1.76
2013-09-30 13.15 $7.41 1.77
2013-06-30 10.75 $7.48 1.44
2013-03-31 9.77 $7.54 1.30
2012-12-31 9.68 $7.64 1.27
2012-09-30 9.87 $7.83 1.26
2012-06-30 10.62 $8.01 1.33
2012-03-31 8.18 $8.42 0.97
2011-12-31 5.58 $8.83 0.63
2011-09-30 4.45 $9.43 0.47
2011-06-30 4.74 $10.13 0.47
2011-03-31 5.56 $10.76 0.52
2010-12-31 4.67 $11.45 0.41
2010-09-30 2.56 $11.84 0.22
2010-06-30 3.05 $12.27 0.25
2010-03-31 2.25 $12.75 0.18
2009-12-31 1.72 $13.25 0.13
Sector Industry Market Cap Revenue
Finance BANKS-MIDWEST $0.708B $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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Commerce Bancshares (CBSH) US $8.449B 15.26
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UMB Financial (UMBF) US $7.618B 10.58
Old National Bancorp (ONB) US $6.791B 11.42
Associated Banc-Corp (ASB) US $3.853B 10.38
First Interstate BancSystem (FIBK) US $2.828B 12.82
First Financial Bancorp (FFBC) US $2.287B 9.02
First Merchants (FRME) US $2.159B 10.37
Enterprise Financial Services (EFSC) US $1.957B 10.32
1st Source (SRCE) US $1.511B 10.57
Lakeland Financial (LKFN) US $1.489B 17.29
German American Bancorp (GABC) US $1.454B 13.08
First Busey (BUSE) US $1.235B 9.95
QCR Holdings (QCRH) US $1.123B 9.52
Peoples Bancorp (PEBO) US $1.064B 9.21
FirstSun Capital Bancorp (FSUN) US $0.994B 10.44
Old Second Bancorp (OSBC) US $0.734B 8.76
Independent Bank (IBCP) US $0.661B 10.03
First Financial Indiana (THFF) US $0.601B 10.97
MidWestOne Financial (MOFG) US $0.596B 11.31
Farmers National Banc (FMNB) US $0.506B 10.03
First Business Financial Services (FBIZ) US $0.413B 9.52
Civista Bancshares (CIVB) US $0.356B 10.13
Heartland BancCorp (HLAN) US $0.326B 16.39
First Western Financial (MYFW) US $0.210B 20.91
Ohio Valley Banc (OVBC) US $0.180B 14.27
Ames National (ATLO) US $0.158B 13.93
Eagle Bancorp Montana (EBMT) US $0.143B 12.74
CSB Bancorp (CSBB) US $0.108B 10.17
BNCCORP (BNCC) US $0.103B 12.83
United Bancshares (UBOH) US $0.080B 7.88
United Bancorp (UBCP) US $0.075B 9.89
Central Plains Bancshares (CPBI) US $0.063B 0.00