Mercantile Bank Corp
NASDAQ:MBWM

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Mercantile Bank Corp
NASDAQ:MBWM
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Price: 50.12 USD -0.48% Market Closed
Market Cap: 808.8m USD
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Relative Value

The Relative Value of one MBWM stock under the Base Case scenario is 42.83 USD. Compared to the current market price of 50.12 USD, Mercantile Bank Corp is Overvalued by 15%.

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
42.83 USD
Overvaluation 15%
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
3.5
vs History
12
vs Industry
54
Median 3Y
8.5
Median 5Y
8.5
Industry
10.7
Forward
10.1
vs History
0
vs Industry
18
Median 3Y
1.2
Median 5Y
1.1
Industry
1
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
809.1m USD 3.5 10.1 1.4
US
PNC Financial Services Group Inc
NYSE:PNC
83.8B USD 3.9 17.7 1.5
US
Truist Financial Corp
NYSE:TFC
61.6B USD 4.5 -32.2 0.9
US
M&T Bank Corp
NYSE:MTB
35.6B USD 3.9 15.7 1.2
US
Fifth Third Bancorp
NASDAQ:FITB
31.9B USD 3.8 15.5 1.5
US
First Citizens BancShares Inc (Delaware)
NASDAQ:FCNCA
31B USD 3.1 12.3 1.4
US
Huntington Bancshares Inc
NASDAQ:HBAN
25.6B USD 3.6 16.9 1.2
US
Regions Financial Corp
NYSE:RF
23.9B USD 3.4 14.7 1.3
CN
Bank of Ningbo Co Ltd
SZSE:002142
167.9B CNY 2.5 6.6 0.8
CN
Bank of Jiangsu Co Ltd
SSE:600919
162.2B CNY 2 5.6 0.6
US
Citizens Financial Group Inc
NYSE:CFG
20.7B USD 2.6 17.8 0.8

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