MERCANTILE BANK CORP (MBWM)

State Commercial Banks · Financial Services · $1.9B

overvalued
Intrinsic Value (Consensus)
$87.76
Current Price
$109.40
Margin of Safety
-19.8%
19.8% Above Intrinsic Value
Value: $88
Price: $109

Valuation Model Estimates

Current Price: $109.40
DCF (Discounted Cash Flow)
$21.47
Graham Number
$71.87
Earnings Power Value
$53.11
Relative Value (P/E)
$109.40
Dividend Discount Model
$116.67
Consensus Value
$87.76

Model Assumptions

Discount Rate
10.3%
Growth Rate
11.0%
Terminal Growth
2.5%
Risk-Free Rate
4.3%

Discount rate derived from CAPM (risk-free rate + beta × market risk premium). Growth rate based on trailing earnings growth, capped at 20%.

Key Financials

EPS (TTM)
$5.47
EPS (Forward)
$6.07
Book Value
$41.96
P/E Ratio
20.0
Forward P/E
18.0
PEG Ratio
ROE
12.2%
Debt/Equity
Revenue Growth
N/A
Earnings Growth
11.0%
Dividend Yield
0.3%
Beta
1.00

Data last updated: 2026-06-12

Source: Yahoo Finance