
Mercantile Bank Corp
NASDAQ:MBWM

Relative Value
The Relative Value of one
MBWM
stock under the Base Case scenario is
40.81
USD.
Compared to the current market price of 41.84 USD,
Mercantile Bank Corp
is
Overvalued by 2%.
Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.
