The PE Ratio as of July 2024 (TTM) for Mercantile Bank Corporation (MBWM) is 7.42

According to Mercantile Bank Corporation’s latest financial reports and current stock price. The company's current PE Ratio is 7.42. This represents a change of 12.21% compared to the average of 6.61 of the last 4 quarters.

Mercantile Bank Corporation (MBWM) Historical PE Ratio (quarterly & annually)

How has MBWM PE Ratio performed in the past?

The mean historical PE Ratio of Mercantile Bank Corporation over the last ten years is 12.87. The current 7.42 PE Ratio has changed 5.67% with respect to the historical average. Over the past ten years (40 quarters), MBWM's PE Ratio was at its highest in in the June 2014 quarter at 43.24. The PE Ratio was at its lowest in in the June 2023 quarter at 5.43.

Mercantile Bank Corporation (MBWM) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Mercantile Bank Corporation PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Mercantile Bank Corporation (MBWM) Average PE Ratio

How has MBWM PE Ratio performed in the past?

The current PE Ratio of Mercantile Bank Corporation (MBWM) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

Mercantile Bank Corporation (MBWM) PE Ratio vs. Peers

How is MBWM’s PE Ratio compared to its peers?

Mercantile Bank Corporation’s PE Ratio is less than Macatawa Bank Corporation (12.22), less than Great Southern Bancorp, Inc. (10.24), less than The First Bancorp, Inc. (9.37), less than MidWestOne Financial Group, Inc. (14.82), less than Lakeland Financial Corporation (16.13),

Build a custom stock screener for Mercantile Bank Corporation (MBWM) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Mercantile Bank Corporation using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Mercantile Bank Corporation (MBWM) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Mercantile Bank Corporation or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.