Mercantile Bank Price to Sales Ratio 2012-2026 | MBWM

Historical PS ratio values for Mercantile Bank (MBWM) over the last 10 years. The current P/S ratio for Mercantile Bank as of September 17, 2026 is .
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Mercantile Bank P/S Ratio Historical Data
Date Stock Price TTM Sales per Share Price to Sales Ratio
2026-09-18 60.03 2.61
2026-06-30 57.05 $22.97 2.48
2026-03-31 49.80 $23.04 2.16
2025-12-31 47.08 $22.91 2.06
2025-09-30 43.69 $22.90 1.91
2025-06-30 44.71 $22.76 1.96
2025-03-31 41.49 $22.50 1.84
2024-12-31 42.15 $22.44 1.88
2024-09-30 41.13 $21.82 1.88
2024-06-30 37.86 $21.07 1.80
2024-03-31 35.58 $20.18 1.76
2023-12-31 36.97 $18.96 1.95
2023-09-30 28.02 $18.00 1.56
2023-06-30 24.78 $16.47 1.50
2023-03-31 27.09 $14.86 1.82
2022-12-31 29.38 $13.49 2.18
2022-09-30 25.83 $12.44 2.08
2022-06-30 27.51 $12.19 2.26
2022-03-31 30.21 $12.33 2.45
2021-12-31 29.63 $12.44 2.38
2021-09-30 26.85 $12.52 2.14
2021-06-30 25.07 $12.29 2.04
2021-03-31 26.72 $12.14 2.20
2020-12-31 22.15 $11.90 1.86
2020-09-30 14.53 $11.56 1.26
2020-06-30 17.99 $11.41 1.58
2020-03-31 16.65 $11.25 1.48
2019-12-31 28.41 $11.29 2.52
2019-09-30 25.35 $10.99 2.31
2019-06-30 24.96 $10.54 2.37
2019-03-31 24.86 $10.08 2.47
2018-12-31 21.31 $9.69 2.20
2018-09-30 24.28 $9.40 2.58
2018-06-30 26.71 $9.26 2.88
2018-03-31 23.89 $9.04 2.64
2017-12-31 25.25 $8.77 2.88
2017-09-30 24.79 $8.61 2.88
2017-06-30 22.22 $8.47 2.62
2017-03-31 24.14 $8.45 2.86
2016-12-31 26.31 $8.56 3.08
2016-09-30 18.38 $8.41 2.18
2016-06-30 16.23 $8.26 1.97
2016-03-31 15.15 $8.04 1.88
2015-12-31 16.47 $7.68 2.14
2015-09-30 13.86 $8.04 1.72
2015-06-30 14.18 $7.93 1.79
2015-03-31 12.86 $7.86 1.64
2014-12-31 13.72 $7.75 1.77
2014-09-30 12.36 $7.37 1.68
2014-06-30 14.75 $7.36 2.00
2014-03-31 12.10 $7.35 1.65
2013-12-31 12.55 $7.47 1.68
2013-09-30 12.56 $7.41 1.70
2013-06-30 10.27 $7.48 1.37
2013-03-31 9.33 $7.54 1.24
2012-12-31 9.24 $7.64 1.21
2012-09-30 9.43 $7.83 1.20
2012-06-30 10.14 $8.01 1.27
2012-03-31 7.82 $8.42 0.93
2011-12-31 5.33 $8.83 0.60
2011-09-30 4.25 $9.43 0.45
2011-06-30 4.53 $10.13 0.45
2011-03-31 5.31 $10.76 0.49
2010-12-31 4.46 $11.45 0.39
2010-09-30 2.45 $11.84 0.21
2010-06-30 2.91 $12.27 0.24
2010-03-31 2.15 $12.75 0.17
2009-12-31 1.64 $13.25 0.12
2009-09-30 2.17 $13.95 0.16
2009-06-30 1.67 $14.41 0.12
2009-03-31 2.64 $14.68 0.18
2008-12-31 2.05 $15.13 0.14
2008-09-30 3.68 $15.68 0.23
2008-06-30 3.22 $16.48 0.20
2008-03-31 4.50 $17.24 0.26
2007-12-31 6.60 $17.64 0.37
2007-09-30 8.95 $17.79 0.50
2007-06-30 11.13 $17.63 0.63
2007-03-31 12.55 $17.32 0.72
2006-12-31 14.43 $16.73 0.86
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
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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
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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
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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
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Solera National Bancorp (SLRK) United States $0.086B 3.34
Commercial National Financial (CEFC) United States $0.062B 9.13