Mercantile Bank (MBWM) Fundamental Analysis: Revenue, Earnings & Valuation

3.93 / 10

Netural

Fundamental analysis rates the stock at 3.9/10, indicating challenges. Profit‑to‑market and gross margin are strong, while PB‑ROE and Asset‑MV lag. Liability ratios are low, and cash metrics are mixed, leading to a selective investment case.

Analysis Checks(7/10)

Gross profit margin (%)

Value41.83

Score3/3

Weight6.92%

1M Return3.70%

Current liabilities / Total liabilities (%)

Value48.71

Score3/3

Weight6.92%

1M Return3.70%

Profit-MV

Value1.51

Score3/3

Weight16.33%

1M Return7.25%

Net income-Revenue

Value0.81

Score1/3

Weight11.49%

1M Return5.19%

PB-ROE

Value-0.95

Score1/3

Weight8.92%

1M Return4.22%

Non-current liabilities / Total liabilities (%)

Value53.45

Score3/3

Weight6.92%

1M Return3.70%

Total profit / EBIT (%)

Value100.00

Score3/3

Weight6.92%

1M Return3.70%

Cash-UP

Value-1.73

Score2/3

Weight8.34%

1M Return4.32%

Asset-MV

Value-0.55

Score1/3

Weight14.01%

1M Return6.12%

Cash-MV

Value-1.57

Score2/3

Weight13.22%

1M Return6.14%

Is MBWM undervalued or overvalued?

MBWM scores 3.93/10 on fundamentals and holds a Fair valuation at present. Backed by its 13.56% ROE, 36.58% net margin, 10.02 P/E ratio, 1.23 P/B ratio, and 10.95% earnings growth, these metrics solidify its Netural investment rating.