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MBWM
Volume: 159.96K
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Mercantile Bank (MBWM) P/E Ratio

P/E Ratio as of Jul 2, 2025: 10.20

Average9.36
Median9.32
Minimum8.97
Maximum10.20
10.20
Past Month+1.11 (12.21%)
The P/E ratio for Mercantile Bank (MBWM) is 10.20 as of Jul 2, 2025. This represents a increase of 10.87% compared to its 12-month average P/E ratio of 9.2. A higher P/E ratio suggests that investors expect strong future earnings growth, while a lower P/E ratio may indicate a potentially undervalued stock or slowing growth.

Mercantile Bank P/E Ratio Formula = Stock Price ÷ Earnings Per Share (EPS)

Mercantile Bank’s P/E ratio represents the valuation of the company based on its earnings. It’s calculated by dividing the company’s latest stock price by its diluted earnings per share (EPS) over the past 12 months. The P/E ratio helps investors assess how much they are paying for each dollar of earnings, offering valuable insights when comparing Mercantile Bank to industry peers.

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Mercantile Bank (MBWM) P/E Ratio Historic Data

DateStock priceP/E ratio
Jul 1, 2025$47.819.95
Jun 2, 2025$43.689.09
May 1, 2025$42.458.84
Apr 1, 2025$43.488.81
Mar 3, 2025$48.099.75
Feb 3, 2025$47.759.68
Jan 2, 2025$43.778.81

Mercantile Bank (MBWM) End of Year P/E Ratio

DateP/E ratioChange
202510.20+13.84%
20248.96+16.67%
20237.68-26.15%
202210.40+9.47%
20219.50-5.19%
202010.02—

FAQs About Mercantile Bank (MBWM) P/E ratio

The latest P/E ratio of Mercantile Bank (MBWM) is 10.20, as of Jul 2, 2025. This is calculated based on its current stock price and earnings per share (EPS).

Mercantile Bank’s last 12-month average P/E ratio is 9.2, compared to its current P/E ratio of 10.20. This reflects a increase of 10.87%.

Mercantile Bank’s current P/E ratio of 10.20 is higher than its last 12-month average P/E of 9.2. A higher P/E can indicate strong future growth expectations, while a lower P/E might suggest undervaluation.

Mercantile Bank’s average P/E ratio over the last 3 years is 8.34. Comparing this to the current P/E helps assess recent valuation trends and whether the stock is trading above or below its mid-term historical range.

Mercantile Bank’s average P/E ratio over the last 5 years is 8.77. A deviation from this historical average may indicate shifts in growth expectations, profitability, or broader market conditions affecting valuation.

Mercantile Bank (MBWM)

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