Mercantile Bank Corp
NASDAQ:MBWM

Watchlist Manager
Mercantile Bank Corp Logo
Mercantile Bank Corp
NASDAQ:MBWM
Watchlist
Price: 45.56 USD 0.37% Market Closed
Market Cap: 735.3m USD
Have any thoughts about
Mercantile Bank Corp?
Write Note

Relative Value

The Relative Value of one MBWM stock under the Base Case scenario is 42.79 USD. Compared to the current market price of 45.56 USD, Mercantile Bank Corp is Overvalued by 6%.

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.

MBWM Relative Value
Base Case
42.79 USD
Overvaluation 6%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
0
vs Industry
27
Median 3Y
2.8
Median 5Y
2.7
Industry
2.5
Forward
3.1
vs History
12
vs Industry
54
Median 3Y
8.6
Median 5Y
8.5
Industry
10.4
Forward
9.2
vs History
0
vs Industry
18
Median 3Y
1.2
Median 5Y
1.1
Industry
0.9
vs History
1
vs Industry
20
Median 3Y
0.1
Median 5Y
0.1
Industry
0.1

Multiples Across Competitors

MBWM Competitors Multiples
Mercantile Bank Corp Competitors

All Multiples
P/S
P/E
P/B
All Countries
Close
Market Cap P/S P/E P/B
US
Mercantile Bank Corp
NASDAQ:MBWM
735.4m USD 3.2 9.2 1.3
US
PNC Financial Services Group Inc
NYSE:PNC
77.3B USD 3.6 16.3 1.4
US
Truist Financial Corp
NYSE:TFC
58.4B USD 4.2 -30.5 0.9
US
M&T Bank Corp
NYSE:MTB
31.7B USD 3.5 14 1.1
US
First Citizens BancShares Inc (Delaware)
NASDAQ:FCNCA
30.5B USD 3.1 12.1 1.3
US
Fifth Third Bancorp
NASDAQ:FITB
29.2B USD 3.5 14.2 1.4
CN
Bank of Jiangsu Co Ltd
SSE:600919
179.3B CNY 2.2 7 0.6
US
Huntington Bancshares Inc
NASDAQ:HBAN
24B USD 3.4 15.8 1.2
US
Regions Financial Corp
NYSE:RF
21.9B USD 3.1 13.4 1.2
CN
Bank of Ningbo Co Ltd
SZSE:002142
158.8B CNY 2.3 6.2 0.7
US
Citizens Financial Group Inc
NYSE:CFG
19.5B USD 2.5 16.8 0.8

See Also

Discover More
Back to Top