Mercantile Bank Price to Book Ratio 2012-2026 | MBWM
Historical price to book ratio values for Mercantile Bank (MBWM) over the last 10 years. The current price to book ratio for Mercantile Bank as of September 17, 2026 is 1.38.
| Mercantile Bank Price/Book Ratio Historical Data | |||
|---|---|---|---|
| Date | Stock Price | Book Value per Share | Price to Book Ratio |
| 2026-09-18 | 60.03 | 1.37 | |
| 2026-06-30 | 57.05 | $43.68 | 1.31 |
| 2026-03-31 | 49.80 | $42.66 | 1.17 |
| 2025-12-31 | 47.08 | $42.19 | 1.12 |
| 2025-09-30 | 43.69 | $40.46 | 1.08 |
| 2025-06-30 | 44.71 | $38.87 | 1.15 |
| 2025-03-31 | 41.49 | $37.47 | 1.11 |
| 2024-12-31 | 42.15 | $36.20 | 1.16 |
| 2024-09-30 | 41.13 | $36.14 | 1.14 |
| 2024-06-30 | 37.86 | $34.15 | 1.11 |
| 2024-03-31 | 35.58 | $33.28 | 1.07 |
| 2023-12-31 | 36.97 | $32.38 | 1.14 |
| 2023-09-30 | 28.02 | $30.16 | 0.93 |
| 2023-06-30 | 24.78 | $29.89 | 0.83 |
| 2023-03-31 | 27.09 | $29.21 | 0.93 |
| 2022-12-31 | 29.38 | $27.60 | 1.06 |
| 2022-09-30 | 25.83 | $26.24 | 0.98 |
| 2022-06-30 | 27.51 | $27.05 | 1.02 |
| 2022-03-31 | 30.21 | $27.55 | 1.10 |
| 2021-12-31 | 29.63 | $28.82 | 1.03 |
| 2021-09-30 | 26.85 | $28.77 | 0.93 |
| 2021-06-30 | 25.07 | $28.23 | 0.89 |
| 2021-03-31 | 26.72 | $27.21 | 0.98 |
| 2020-12-31 | 22.15 | $27.04 | 0.82 |
| 2020-09-30 | 14.53 | $26.59 | 0.55 |
| 2020-06-30 | 17.99 | $26.20 | 0.69 |
| 2020-03-31 | 16.65 | $25.82 | 0.64 |
| 2019-12-31 | 28.41 | $25.36 | 1.12 |
| 2019-09-30 | 25.35 | $24.93 | 1.02 |
| 2019-06-30 | 24.96 | $24.34 | 1.03 |
| 2019-03-31 | 24.86 | $23.37 | 1.06 |
| 2018-12-31 | 21.31 | $22.70 | 0.94 |
| 2018-09-30 | 24.28 | $22.84 | 1.06 |
| 2018-06-30 | 26.71 | $22.57 | 1.18 |
| 2018-03-31 | 23.89 | $22.19 | 1.08 |
| 2017-12-31 | 25.25 | $22.05 | 1.15 |
| 2017-09-30 | 24.79 | $21.99 | 1.13 |
| 2017-06-30 | 22.22 | $21.69 | 1.02 |
| 2017-03-31 | 24.14 | $21.13 | 1.14 |
| 2016-12-31 | 26.31 | $20.76 | 1.27 |
| 2016-09-30 | 18.38 | $21.44 | 0.86 |
| 2016-06-30 | 16.23 | $21.18 | 0.77 |
| 2016-03-31 | 15.15 | $20.86 | 0.73 |
| 2015-12-31 | 16.47 | $20.40 | 0.81 |
| 2015-09-30 | 13.86 | $20.20 | 0.69 |
| 2015-06-30 | 14.18 | $19.85 | 0.71 |
| 2015-03-31 | 12.86 | $19.69 | 0.65 |
| 2014-12-31 | 13.72 | $19.33 | 0.71 |
| 2014-09-30 | 12.36 | $19.04 | 0.65 |
| 2014-06-30 | 14.75 | $18.77 | 0.79 |
| 2014-03-31 | 12.10 | $18.04 | 0.67 |
| 2013-12-31 | 12.55 | $17.54 | 0.72 |
| 2013-09-30 | 12.56 | $17.21 | 0.73 |
| 2013-06-30 | 10.27 | $17.34 | 0.59 |
| 2013-03-31 | 9.33 | $17.20 | 0.54 |
| 2012-12-31 | 9.24 | $16.84 | 0.55 |
| 2012-09-30 | 9.43 | $16.74 | 0.56 |
| 2012-06-30 | 10.14 | $17.38 | 0.58 |
| 2012-03-31 | 7.82 | $19.41 | 0.40 |
| 2011-12-31 | 5.33 | $19.17 | 0.28 |
| 2011-09-30 | 4.25 | $15.89 | 0.27 |
| 2011-06-30 | 4.53 | $15.21 | 0.30 |
| 2011-03-31 | 5.31 | $14.74 | 0.36 |
| 2010-12-31 | 4.46 | $14.65 | 0.30 |
| 2010-09-30 | 2.45 | $15.67 | 0.16 |
| 2010-06-30 | 2.91 | $16.18 | 0.18 |
| 2010-03-31 | 2.15 | $16.09 | 0.13 |
| 2009-12-31 | 1.64 | $16.30 | 0.10 |
| 2009-09-30 | 2.17 | $20.64 | 0.11 |
| 2009-06-30 | 1.67 | $21.15 | 0.08 |
| 2009-03-31 | 2.64 | $19.70 | 0.13 |
| 2008-12-31 | 2.05 | $20.29 | 0.10 |
| 2008-09-30 | 3.68 | $20.08 | 0.18 |
| 2008-06-30 | 3.22 | $19.66 | 0.16 |
| 2008-03-31 | 4.50 | $20.43 | 0.22 |
| 2007-12-31 | 6.60 | $20.89 | 0.32 |
| 2007-09-30 | 8.95 | $20.96 | 0.43 |
| 2007-06-30 | 11.13 | $20.59 | 0.54 |
| 2007-03-31 | 12.55 | $20.70 | 0.61 |
| 2006-12-31 | 14.43 | $21.43 | 0.67 |
| 2006-09-30 | 15.02 | $19.90 | 0.75 |
| 2006-06-30 | 15.01 | $19.21 | 0.78 |
| 2006-03-31 | 13.91 | $18.97 | 0.73 |
| Sector | Industry | Market Cap | Revenue |
|---|---|---|---|
| Finance | Banks - Midwest | $1.044B | $0.372B |
| Mercantile Bank Corporation serves businesses and consumers across Grand Rapids and Kent County with a full range of mortgage, lending, deposit and checking products and services in a friendly, hometown banking environment. | |||
| Stock Name | Country | Market Cap | PE Ratio |
|---|---|---|---|
| Huntington Bancshares (HBAN) | United States | $32.084B | 10.38 |
| UMB Financial (UMBF) | United States | $10.235B | 10.56 |
| Wintrust Financial (WTFC) | United States | $9.981B | 11.62 |
| Old National Bancorp (ONB) | United States | $9.687B | 10.25 |
| Commerce Bancshares (CBSH) | United States | $8.240B | 13.91 |
| Associated Banc-Corp (ASB) | United States | $5.643B | 10.10 |
| First Interstate BancSystem (FIBK) | United States | $3.542B | 11.43 |
| First Financial Bancorp (FFBC) | United States | $3.371B | 10.26 |
| First Merchants (FRME) | United States | $2.569B | 10.94 |
| First Busey (BUSE) | United States | $2.490B | 11.25 |
| Enterprise Financial Services (EFSC) | United States | $2.249B | 12.43 |
| 1st Source (SRCE) | United States | $2.066B | 12.32 |
| German American Bancorp (GABC) | United States | $1.849B | 13.01 |
| FirstSun Capital Bancorp (FSUN) | United States | $1.838B | 12.89 |
| QCR Holdings (QCRH) | United States | $1.652B | 11.78 |
| Lakeland Financial (LKFN) | United States | $1.482B | 13.68 |
| Old Second Bancorp (OSBC) | United States | $1.268B | 11.59 |
| MidWestOne Financial (MOFG) | United States | $1.017B | 17.24 |
| Farmers National Banc (FMNB) | United States | $0.927B | 9.32 |
| First Financial Indiana (THFF) | United States | $0.917B | 10.80 |
| First Business Financial Services (FBIZ) | United States | $0.598B | 11.14 |
| Civista Bancshares (CIVB) | United States | $0.566B | 9.52 |
| First Western Financial (MYFW) | United States | $0.299B | 16.45 |
| Ames National (ATLO) | United States | $0.286B | 12.52 |
| Ohio Valley Banc (OVBC) | United States | $0.212B | 14.92 |
| CSB Bancorp (CSBB) | United States | $0.200B | 13.17 |
| Eagle Bancorp Montana (EBMT) | United States | $0.175B | 10.75 |
| BNCCORP (BNCC) | United States | $0.113B | 12.69 |
| United Bancshares (UBOH) | United States | $0.108B | 9.99 |
| United Bancorp (UBCP) | United States | $0.090B | 11.41 |
| Central Plains Bancshares (CPBI) | United States | $0.090B | 18.19 |
| Solera National Bancorp (SLRK) | United States | $0.086B | 3.34 |
| Commercial National Financial (CEFC) | United States | $0.062B | 9.13 |